RHI Magnesita and Khemka Refractories launch MINPRO to drive refractory recycling in India
Gurugram, Haryana, August 4, 2026: RHI Magnesita, a global leader in refractory products and solutions, has announced the successful completion of its joint venture with Khemka Refractories Pvt. Ltd. The new entity, operating under the brand MINPRO, marks the official launch of a dedicated business focused on advancing circular mineral solutions through the recycling of refractories within India's industrial markets.MINPRO combines RHI Magnesita's global leadership in refractory recycling with Khemka Refractories' regional expertise and established customer and supplier networks. The venture is set to establish itself as a state-of-the-art refractory recycling platform located in Odisha, strategically positioned within India’s primary steel-producing region.
The company will be led by Jyotirmoy Bhattacharjee as Chief Executive Officer. Mr. Bhattacharjee brings nearly three decades of experience from the refractory industry and has held various technical, marketing, and sales leadership roles with RHI Magnesita for over 20 years.
MINPRO's operational model involves creating an integrated recycling supply chain to recover, process, and reuse spent refractory materials. By doing so, MINPRO aims to increase the availability of high-value circular minerals necessary for both refractory production and broader industrial applications. This focus helps customers enhance resource efficiency, strengthen supply chain resilience, and reduce the environmental footprint within high-temperature industries.
Pankaj Malhan, Managing Director & CEO of RHI Magnesita India Ltd., stated that the launch of MINPRO is a critical step in advancing circularity across India and the region. He noted that by uniting RHI Magnesita’s worldwide recycling expertise with Khemka Refractories’ local presence, the company is creating a platform committed to delivering high-quality circular raw materials and securing supply chains.
Alok Khemka, Director at Khemka Refractories, added that collaborating with RHI Magnesita allows them to establish a leading recycling platform for the Indian refractory sector. He emphasized that by merging advanced recycling technology with deep local market knowledge, MINPRO is poised to transform refractory recycling in India and contribute to a more resource-efficient industrial ecosystem.
About MINPRO
MINPRO is the joint venture between RHI Magnesita and Khemka Refractories Pvt. Ltd., dedicated to providing refractory recycling and circular mineral solutions in India. Headquartered in Odisha, MINPRO integrates global refractory recycling technologies with local operational expertise to recover, process, and reuse spent refractory materials, offering a reliable domestic source of high-quality circular minerals for the refractory and broader industrial markets.About RHI Magnesita India Ltd.
RHI Magnesita India Ltd. is a leading manufacturer and supplier of high-grade refractory products and systems used in high-temperature processes exceeding 1,200°C across industries such as steel, iron, cement, non-ferrous metals, and glass. The company maintains a workforce of over 6,000 skilled employees across eight state-of-the-art manufacturing plants, two Mines, and various operational units.About Khemka Refractories Pvt. Ltd.
Khemka Refractories Pvt. Ltd. is a manufacturer involved in refractory products, trading raw materials, and processing secondary refractory raw materials. The company serves customers across the steel, iron, foundry, power, copper, aluminium, cement, and ferro-alloy industries and operates four manufacturing plants and one R&D centre based in Odisha, India.RHIM Stock Price Movement
As of 2:54 PM, shares of RHI MAGNESITA INDIA LIMITED slip by 0.98%, trading down to ₹408.2 in live market action. The company has seen a total volume of 131,919 shares traded during the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.