Minerals Technologies Signs Agreement with United Steel Company
Minteq, working with other refractory companies, will be responsible for coordinating refractory maintenance of the steel furnaces and the other steel production vessels. Minteq will be responsible for coordinating refractory materials, manpower and equipment with Magnesita/DE and Krosaki-Harima/JP. Han Schut, Vice President and Managing Director of Minteq, explained that this is the first time Minteq will be responsible for the full-service refractory maintenance of a complete steel mill, as well as Minteq’s first such contract in the Middle East. United Steel Company (SULB) B.S.C. is a joint venture between Bahrain-based Gulf United Steel Holding Company (Foulath), the Middle East’s leading steel investment and holding company, and Yamato Kogyo Co., Ltd./JP, a leading global beams and structural sections producer. Foulath and Yamato Kogyo own 51 % and 49 % of SULB, respectively (05/2012).