Thermolith S.A. was founded in 1998 with registered office in Kalyves, Chalkidiki, and is engaged in the production of basic refractory mixes for steelmaking uses. Through an extensive investment program, Thermolith increased its production capacity to meet its customers’ great demand for refractory products. In 1999 Thermolith decided to use olivine (an industrial mineral), a natural refractory product used in large quantities in basic refractory mixes.
The mining activity and olivine processing are carried out in the area of Skoumtsa, Grevena. Meanwhile, Thermolith is also engaged in the marketing of olivine and its products. Since early in 2012, as part of the vertical integration of Sidenor Group’s production processes, Aeiforos, a subsidiary of Sidenor, acquired a 70% stake in Thermolith and became its main shareholder.
Plant: Kalyves, Chalkidiki.
The Company’s refractory products factory, of a total surface area of 20,000 m2 is located in Kalyves, Chalikidiki. It has three independent production lines for refractory mixes using crushing, sieving, weighing, mixing and packaging equipment as well as warehouses for raw materials and finished products. The plant’s production capacity stands at 15,000 tons per annum.
Products
• Refractory mixes for tundish combining magnesia and olivine used in:
i) coating mixes
ii) dry mixes
iii) cold settings
• Refractory mixes for tundish made only of magnesia used in:
iv) coating mixes
v) dry mixes
vi) cold settings
• Magnesia refractory mixes (gunning and ramming) for electric furnaces
Recent research has demonstrated that olivine has a unique property: it absorbs carbon dioxide from the atmosphere.
Statistics give an indication of the possibilities opened by olivine: one tonne of the mineral
can remove 650 kg of CO2 from the atmosphere
Plant: Skoumtsa, Grevena
The olivine quarry and the mineral processing units are located in Skoumtsa. To mine olivine, Thermolith has 350,000 m2 of land registered for exploitation. The plant’s production capacity stands at 40,000 tons per annum.
Products
• Olivine as slag conditioner
• Olivine as raw material for the industry of refractory mixes
• EBT taphole filler sand from olivine in various grain sizes
• Foundry sand
Product quality
Product and services quality assurance is a top priority for Thermolith. Aiming to guarantee a high and consistent quality for its customers, the Company has upgraded the production lines, and has redesigned production procedures by increasing quality controls during production and by continuously training its staff. The Company applies in both of its production plants a Quality Management System certified according to the ISO 9001:2008 international standard. The Company’s Quality Assurance Policy consists in the continuous improvement of its products and services with the aim to fully satisfy its customers.
Thermolith, through its business activities, makes a contribution to the national economy, and at the same time, with its annual investments, it lays the ground for achieving Sustainable Development. In the past five years, the Company made investments amounting to EUR 300,000 aiming to increase its production capacity and upgrade its facilities.