English

Third consecutive year of record installations for SinterCast

Report this content 

                        
  * System 3000 Plus ordered for high volume cylinder block production
  * Installation planned for December; start of series production during
    January
  * Further opportunities for new installation commitments before year-end


[Stockholm, 31 October 2013] - With the order of a new System 3000 Plus for high
volume  cylinder  block  series  production,  SinterCast  has  achieved  a third
consecutive  record year for new installation commitments.  The new order, which
is  planned for installation and commissioning during December, will be used for
the  production of  Compacted Graphite  Iron cylinder  blocks, with the start of
series  production scheduled for January 2014.  At  the request of the customer,
the foundry identity cannot be disclosed at this time.

The  new  installation  is  the  third  full System 3000 installation commitment
during   2013.  Combined   with   two  Mini-System  3000 installations  and  the
installation  of one  automatic base  treatment station  to upgrade  an existing
System  3000 installation to the full System 3000 Plus capability, the new order
marks the sixth installation of the year and surpasses the previous installation
revenue  record  set  in  2012.  Further  installation  discussions are ongoing,
providing  opportunities  for  additional  installation  commitments and revenue
before year-end.

"New  installation  activity  is  the  strongest  indicator of future CGI series
production  commitments  and  overall  market  growth"  said  Dr  Steve  Dawson,
President   &   CEO   of   SinterCast.    "Three  consecutive  years  of  record
installations,  with  increased  footprint  in  Europe,  Asia  and the Americas,
clearly  shows SinterCast's leadership  position, the market  acceptance of CGI,
and the demand for stronger materials."


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  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 Allen Diesels,  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, Maserati,  Navistar, Porsche,  PSA Peugeot-Citroën, Renault-Nissan,
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