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Mayerton: Divestment of Production Facility in China as Part of Strategy

DMR is a refractory brick manufacturing facility in Dalian, China (Liaoning Province). The divestment of DMR will support Mayerton’s strategy to optimise cap­acity at its remaining production facilities and focus resources on performance and service/support in addition to product diversification. The divestment does not impact Liaoning Mayerton Refractories Co. Ltd. where it retains sufficient cap­acity to manufacture in excess of its current volume of refractory bricks. Mayerton expects that the approval and consequent completion of the acquisition will occur in Q3 2013. (8/2013)


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