English

Teksid upgrades Compacted Graphite Iron series production capability

Report this content 

                        

  * SinterCast  System  3000 to  be  installed  at  Teksid  foundry in Monclova,
    Mexico
  * Ongoing  product  development  for  commercial  vehicle and industrial power
    applications
  * Further  CGI expansion  planned for  the Teksid  foundry in  Belo Horizonte,
    Brazil

[Torino  and  Stockholm,  29 November  2012] -  The  Teksid  group has initiated
Compacted  Graphite Iron  (CGI) product  development for  commercial vehicle and
industrial  power cylinder head  programmes at its  foundry in Monclova, Mexico.
 In  preparation for the start  of series production, Teksid  has ordered a full
refurbishment  of its existing  SinterCast process control  system, including an
upgrade  to  the  current  System  3000 standard.   The new System 3000 has been
configured  to  accommodate  future  increases  in  the  CGI  production volume,
including  additional sampling  capacity and  automated base  treatment by cored
wire.   The System  3000 will be  shipped from  SinterCast's Technical Centre in
Sweden  before year-end  and installed  during early  2013 to enable independent
product  development and series production.  In response to increased CGI market
demand,  Teksid  is  also  planning  to install SinterCast-CGI series production
capability at its foundry in Belo Horizonte, Brazil.

 "Following  the initial  installation of  the SinterCast  System 2000 ten years
ago,  we have supported  the CGI activities  of our customers  at our foundries"
said Dr Riccardo Tarantini, President & Chief Executive Officer of Teksid S.p.A.
 "Now,  as  the  CGI  development  activities  have led to new series production
opportunities,  we  are  pleased  to  invest  in  the latest CGI process control
advances  to provide our customers with class-leading CGI capability.  We remain
committed  to  establishing  Teksid  as  one  of  the  leading  suppliers of CGI
components   to   the   automobile,  commercial  vehicle  and  industrial  power
industries."

"The ongoing product development at Teksid Hierro de Mexico and the System 3000
upgrade  further exemplify  the demand  for Compacted  Graphite Iron  in heavily
loaded  engine components" said Dr Steve  Dawson, President & CEO of SinterCast.
 "We  look  forward  to  supporting  Teksid's  product  development  and  series
production as another important step in broadening the supply, the awareness and
the confidence of CGI around the world."

 Dr Riccardo Tarantini               Dr Steve Dawson

 President & Chief Executive Officer President & CEO

 Teksid S.p.A                        SinterCast AB (publ)

 Tel:    +39 0161 845 544            Tel:    +46 8 660 7750

 e-mail: tarantini@teksid.com        e-mail: steve.dawson@sintercast.com



Teksid,  a member of the Fiat Group and  one of the largest foundry companies in
the  world, operates iron  foundries in Brazil,  China, France, Poland, Portugal
and  Mexico and two aluminium foundries in  Italy and Brasil.  The production of
iron   components   such  as  cylinder  blocks  and  heads,  exhaust  manifolds,
crankshafts,  camshafts  and  suspension  components  is  primarily destined for
Caterpillar,  Chrysler, Cummins, Deutz,  Fiat, Iveco, Mack  and Renault.  Teksid
has  annual sales  of more  than USD  1.0 billion and  employs more  than 8,000
people.  For more information: www.teksid.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  weight, noise and  emissions. The SinterCast  technology is used for the
production  of more than 50 CGI components,  ranging from 2 kg to 17 tonnes, all
using  the same proven process control technology.  The end-users of SinterCast-
CGI  components include  Aston Martin,  Audi, Cameron  Compression, Caterpillar,
Chrysler,   DAF  Trucks,  Ford,  Ford-Otosan,  General  Electric  Transportation
Systems,  General Motors, Hyundai,  Jaguar, Jeep, Kia,  Lancia, Land Rover, MAN,
Navistar,  Porsche, PSA Peugeot-Citroën, Renault, Rolls-Royce Power Engineering,
Scania, Toyota, VM Motori, Volkswagen, Volvo and Waukesha Engine. The SinterCast
share  is  quoted  on  the  Small  Cap  segment of the NASDAQ OMX stock exchange
(Stockholmsbörsen: SINT). For more information: www.sintercast.com

                                    - END -






                                            

                

            

        

    

    

        

            
        

        

            
        

        



    

        
 Documents & Links