EXPANDING IN REFACTORIES Germany-based Intocast offers its customers a complete package in refactory materials – and is looking for strong growth in the coming years. Abigail Saltmarsh reports.
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recent times, refractory and casting auxiliary products producer Intocast has seen significant growth. Now, says the sales director, Markus Schwan, the group is looking to almost double its size again within the next two years. “We are looking for worldwide, aggressive growth,” he stresses. “We want to achieve that with organic growth and through acquisition. Our target for the next two years is to reach a €250 million turnover.
“This means almost doubling our turnover but we can do it through new products and new markets, and by becoming the manufacturer of choice.”
Major growth Intocast was founded in 1979 with the takeover of the activities of Eugen Schwarz, a company which had supplied the German and European steel industry with products since 1922. In the course of the past two
decades, the group has expanded by taking huge market shares within refractory and casting auxiliary products, and through strategic acquisitions. Today, the Intocast Group is a global player with eight German and nine foreign offices and production plants. It employs approximately 800 staff members worldwide. It is one of the few companies worldwide that manufacture refractory materials and casting auxiliaries as well as metallurgical slag additives. Industry Europe 185
