RHI Magnesita Acquires Resco Group to Boost North American Presence

DELRAY BEACH, Fla., Sept. 7, 2026 /CourierPR/ -- RHI Magnesita, a leading global provider of advanced refractory materials, has bolstered its presence in the North American market through the acquisition of Resco Group, a company that specializes in shaped and unshaped refractories for a variety of industries, including aluminum, steel, cement, and petrochemicals. The acquisition, finalized in January 2025, is valued at approximately USD 410 million and is expected to significantly expand RHI Magnesita's product portfolio and regional manufacturing capabilities.

The aluminum refractory materials market is experiencing robust growth, driven by the increasing demand for high-performance, energy-efficient, and longer-lasting refractory solutions. This demand is fueled by the expansion of aluminum production, the rise in secondary aluminum recycling, and the growing emphasis on furnace efficiency and decarbonization technologies. According to market research, the aluminum refractory materials market is projected to reach USD 2.73 billion by 2031, up from USD 2.17 billion in 2026, with a compound annual growth rate (CAGR) of 4.77%.

RHI Magnesita's acquisition of Resco Group is a strategic move that underscores the company's commitment to meeting the evolving needs of its customers. Resco Group's products, including alumina-SiC castables, low cement and ultra-low cement castables, colloidal bonded and nano bond systems, fast-dry refractories, and aluminum-resistant non-wetting formulations, are critical in maintaining the efficiency and longevity of melting furnaces, holding furnaces, transfer systems, casting equipment, and anode baking furnaces. These advanced refractory solutions are particularly relevant in the aluminum industry, where the use of traditional refractory products is declining in favor of more advanced materials that offer better resistance to corrosion and thermal shock, reduced aluminum penetration, faster installation, lower heat loss, and a longer life.

The shift towards secondary aluminum production further emphasizes the need for robust refractory systems. Secondary aluminum requires effective and durable refractory systems to withstand the repeated melting and remelting operations. This demand is driving the market towards more sophisticated and efficient refractory materials that can withstand the rigors of the recycling process.

RHI Magnesita's acquisition of Resco Group is expected to drive innovation and growth in the aluminum refractory materials market. With Resco Group's advanced product portfolio, RHI Magnesita can offer more comprehensive solutions to its customers, particularly in the aluminum sector. The acquisition also strengthens RHI Magnesita's position as a market leader in the global refractory materials industry, positioning it to capitalize on the growing demand for advanced refractory solutions.

In conclusion, RHI Magnesita's acquisition of Resco Group is a significant step towards enhancing its market presence and product offerings. This strategic move is expected to drive growth in the aluminum refractory materials market, as the demand for advanced and efficient refractory solutions continues to increase. The acquisition underscores RHI Magnesita's commitment to innovation and customer satisfaction, making it well-positioned to meet the evolving needs of the aluminum industry.