At the small end of the scale, France’s Saint-Gobain High Performance Refractories announced in December 2017 that it had acquired, for an undisclosed sum, US-based Spin-Works International, a niche manufacturer of 3D-printed and extruded silicon carbide ceramic components that improve energy efficiency in high-temperature industrial processes. Sagar said that while consolidation can reduce exposure to mineral price volatility, refractories companies in import-dependent nations such as India would benefit from more investment in domestic mining of refractory minerals such as magnesite, non-metallurgical bauxite and alumina and graphite, to help boost supply security. According to Cerame Unie, measures needed to support European refractory ceramics makers include provision of a business-friendly environment, improved access to skills and training, more research and innovation, better access to finance, and reform to international trade. [...]US refractories producers are expected to benefit from the country’s December 2017 reduction in corporate tax rates to 21% from 35%, and could potentially receive a boost from the recently announced import tariffs on steel and aluminium, if this leads to the intended increase in domestic metal output.
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