Displaying items by tag: Hysil

India: Calderys has completed its acquisition of Hysil’s calcium silicate insulation division. The deal was signed in January 2020 but delayed to July 2020 due to coronavirus-related lockdowns. Calcium silicate boards are used for thermal insulation in industries such as cement, metallurgy, oil refinery, petro-chemical and power plants. Calderys says it now the largest manufacturing capacity of calcium silicate boards in India and South East Asia. The purchase will enable it to expand its product portfolio and offer calcium silicate insulation products along with refractories solutions.

India: France-based Imerys has announced the acquisition of calcium silicate producer Hysil by its subsidiary Calderys Indian Refractories from CK Birla Group for Euro10.1m. SeeNews has reported that the expansion to Imerys’ Indian operations is aimed at securing lower prices for raw materials for use in high temperature insulation in various industries, especially the cement sector.