Forging a Wealth-Generating Ecosystem Using Circular Economy

The Visionary Drive of Mr. Arnab Roy

At Refracast Metallurgicals, we've forged an ecosystem that bridges the gap between industrial waste and high performance noble metals and compounds. When others overlooked the potential in spent catalysts, our founder, Mr. Arnab Roy, dedicated all resources to transforming these discarded materials into valuable resources. His relentless innovation created a niche market for specialized ferroalloys, providing Indian steel producers with noble ferroalloys locally and reducing reliance on imports saving oil refineries on disposal costs. Moreover, Refracast stands as the world’s only recycler converting all alumina substrates in spent catalysts into useful products like calcium aluminate, ensuring zero waste generation in the recycling process. This unique ecosystem born from his visionary approach not only revolutionized raw material sourcing but also established him as a wealth creator. Our green stallion mascot symbolizes this journey, representing the strength, sustainability, and pioneering spirit that drive us forward.

HISTORY OF REFMET

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Pioneering Raw Material Sourcing

1995

Refracast Metallurgicals Pvt Ltd (RMPL) was born as a greenfield project with a bold vision: to produce import substitute refractory for steel plants. This marked the beginning of our journey to bridge the gap between indigenous supply and Imports.

1997

In 1997, we pioneered the production of pre melted Calcium Aluminate, known as Synthetic Slag, in India. Through our ground-breaking use of electric arc furnace melting processes, we became the world's first to utilize industrial waste for making Synthetic Slag for secondary steel refining. This innovation eliminated the need for LDSF imports and revolutionized the steel-making industry in India.

2000

we developed groundbreaking technology for processing spent catalysts containing nickel the first of its kind in India showcasing our commitment to sustainability and technological advancement. We secured the first government license in India for processing these spent catalysts, setting the foundation for our leadership in waste recycling and raw material innovation. By transforming potential pollutants into valuable resources, we not only revolutionized waste management but also laid the foundation for a circular economy in the metallurgical industry.

2005

we made significant advancements by developing breakthrough technology to process spent catalysts containing molybdenum and cobalt. As the first in the world to introduce Calcium Molybdate in stainless steel manufacturing, we set a new global standard. Same year we developed process for recycling spent catalyst containing Cobalt.

2006

We introduced Calcium Molybdate, revolutionizing the steel industry with a cost saving, homegrown alternative to Moly Oxide and Ferro Molybdenum imports.

2010

With growing expertise, we received a permanent CPCB license, allowing us to handle hazardous waste an important milestone in expanding our capabilities and responsibilities.

2012

Our relentless pursuit of innovation led us to develop technologies to process spent materials containing vanadium and tungsten, pushing the boundaries of what was possible in the recycling industry.

2019

We were granted an import license by the Ministry of Environment and Climate Change, marking our ability to operate on an international scale. This allowed us to successfully carry out our first transboundary hazardous waste movement—a pioneering achievement.

2020

After years of dedicated R&D, we developed Vanadium Pentoxide, now crucial for advanced battery storage technologies a testament to our forward-looking innovation.

2021

In response to the growing demand for composite metal recycling, we inaugurated a hydrometallurgical unit to produce Cobalt Oxide, Nickel Oxide, and Ferric Oxide, meeting the needs of industries requiring high-grade materials unsuitable for thermal recycling.

2022

We expanded further by establishing Oricon Metallurgicals Pvt Ltd, a startup recognized by the Government of India. This new unit strengthened our focus on innovative recycling solutions.

2023

Our collaboration with Indian Oil Corporation Limited (IOCL) moved from lab trials to pilot plant trials, focusing on the application of bulk catalysts like FCC, RFCC, and Indmax in industries beyond cement setting the stage for future growth.

2024

Set up new manufacturing set up for handling and recycling of 15,000 metric tons per annum of oily spent catalyst generated for ARDS, EDU and Residue Upgradation Facility (RUF), representing a massive step forward in waste management and resource recovery.

Milestones in Client Innovation

1995

Refracast Metallurgicals Pvt Ltd (RMPL) was born as a greenfield project with a bold vision: to produce import substitute refractory for steel plants. This marked the beginning of our journey to bridge the gap between indigenous supply and Imports.

1997

In 1997, we pioneered the production of pre melted Calcium Aluminate, known as Synthetic Slag, in India. Through our ground-breaking use of electric arc furnace melting processes, we became the world's first to utilize industrial waste for making Synthetic Slag for secondary steel refining. This innovation eliminated the need for LDSF imports and revolutionized the steel-making industry in India.

2000

Continuing our innovative streak, we developed Ferro Nickel Moly for the first time in India bringing significant cost savings to stainless steel manufacturers while providing a locally sourced alternative to imported materials.

2005

Our R&D efforts led to the creation of FerroCobalt, further solidifying our position as a leader in producing critical import substitutes for the Indian market ensuring we stayed ahead of market needs.

2006

We introduced Calcium Molybdate, revolutionizing the steel industry with a cost saving, homegrown alternative to Moly Oxide and Ferro Molybdenum imports.

2010

In response to industry demand, we developed Ferro Vanadium, Ammonium Metavanadate, and Vanadium Pentoxide flakes transforming the ferroalloy landscape.

2012

We introduced Ferro Tungsten Moly, an innovative product that brought major cost savings for high-speed steel manufacturers, further proving our commitment to delivering unique solutions.

2019

We were granted an import license by the Ministry of Environment and Climate Change, marking our ability to operate on an international scale. This allowed us to successfully carry out our first transboundary hazardous waste movement—a pioneering achievement.

2020

After years of dedicated R&D, we developed Vanadium Pentoxide, now crucial for advanced battery storage technologies a testament to our forward-looking innovation.

2021

We expanded our expertise into the color and pigment industry, developing high-grade materials like Cobalt Oxide, Nickel Oxide, and Ferric Oxide, broadening our market presence and reinforcing our role as a leader in specialized industries.

100000

Over 100000 MT of spent catalyst recycle

12000

Over 12,000 MT of metal produced

100

100 Acers of land bio saved

6

Foot print over 6 countries

Our Associates