05.03.2015 08:03:10

Japanese foundry adopts SinterCast process control technology

  • SinterCast Mini-System 3000 to be installed at commercial vehicle foundry
  • Product development of Compacted Graphite Iron cylinder blocks and heads
  • Third SinterCast installation in Japan and seventeenth installation in Asia

[Stockholm, 5 March 2015] - A leading Japanese cast iron foundry, specialising in the production of engine components for commercial vehicle and industrial vehicle applications, has ordered a SinterCast process control installation to enable independent Compacted Graphite Iron (CGI) product development.  At the request of the foundry and the OEM, the details of the installation and product development must remain confidential.  Under the terms of the agreement, SinterCast will install a Mini-System 3000 and ancillary hardware, and provide engineering support.  With planned installation during the first quarter of 2015, the Mini-System 3000 will enable the foundry and the end-user OEM to accelerate the ongoing development of CGI cylinder blocks and heads for on-road commercial vehicle and off-road industrial vehicle applications. 

"This is a particularly rewarding installation for SinterCast.  We have actively supported the CGI development activities of the foundry and the OEM for many years, and we have enjoyed good relationships on the operational and managerial levels.  We are pleased that this support and confidence has led to a new installation and has established our partner as the SinterCast-CGI leader in Japan for commercial vehicle engine development" said Dr Steve Dawson, President & CEO of SinterCast.  "This latest installation marks our third installation in Japan and our seventeenth installation in Asia, broadening our presence and brand awareness, and increasing our opportunity to support the future CGI needs of the important Asian market."

For more information:

Dr Steve Dawson
President & CEO
Tel:  +46 8 660 7750
e-mail: steve.dawson@sintercast.com

SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 75% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine size, weight, noise and emissions. With 42 installations in 12 countries, the SinterCast technology is primarily used for the production of petrol and diesel engine cylinder blocks and exhaust components for passenger vehicles; medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles; and, industrial power engine components for marine, rail, off-road and stationary engine applications. SinterCast's series production components range from 2 kg to 9 tonnes, all using the same proven process control technology.  The SinterCast share is quoted on the Small Cap segment of the Stockholm Nasdaq OMX stock exchange (Stockholmsbörsen: SINT). For more information: www.sintercast.com

END




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SinterCast via Globenewswire

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