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Calderys' refractory offering expands with Haznedar Durer deal

2021-02-20

Feb. 20, 2021 - The acquisition of  a 60% stake in Haznedar’s bricks and monolithics businesses now grouped into one single entity called Haznedar Durer has been completed by Imerys, and especially its wholly-owned subsidiary Calderys, at the end of 2020. This means Calderys is expanding its portfolio and services and can now offer a complete refractory offering to customers – particularly those in Europe and the Middle East. Haznedar Durer is highly recognized in its markets, not just in Turkey but also as an exporter to other countries, and is one of the leaders in terms of quality and customer service.

Aerial view of Haznedar Durer production base near Istanbul, Turkey

Michel Cornelissen, SVP of Imerys High Temperature Solutions and Calderys says: “More and more customers are expecting their refractory suppliers to be a one-stop shop to meet their needs, from supplying the product itself to offering technical and engineering expertise – and sometimes carrying out installations. This deal cements Calderys’ position in our main industry segments and a fast-growing Turkish market.”

 

Haznedar Durer offers high-grade basic and acidic bricks, as well as alumina silicate-based monolithics and magnesium oxide products to the iron & steel, cement and petrochemical industries with a total capacity of 90,000 tons per year. A growing business with a significant export ratio - their customers cover five continents - it complements Calderys’ portfolio and allows it to meet the demand for bricks coming from iron & steel and cement customers among others.

 

Since the deal was signed, work is ongoing to integrate the new company and put the necessary processes in place to make the most of this association on a human and commercial level. Investments are made at Haznedar Durer facility to improve capacity and align standards, with a strong focus on Safety. A reorganization of commercial operations is ongoing. From mid-March Haznedar Durer will become the exclusive distributor of Calderys products in Turkey, Georgia, Azerbaijan, Armenia, Uzbekistan and Turkmenistan and Calderys the exclusive distributor of Haznedar Durer in the rest of the world.

 The inside of a part of the Haznedar Durer plant

Michel Cornelissen concludes: “This integration period is critical and the teams are working hard to ensure a smooth transition internally and of course for our clients. We absolutely want to maintain Haznedar Durer’s customer focus, productivity and entrepreneurial spirit, and make the most of this association for all parties”.

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