ASIMCO International Casting Co., Ltd. (Shanxi) adopts SinterCast process control technology
(Thomson Reuters ONE) -
* SinterCast System 3000 Plus to be installed at ASIMCO Shanxi foundry
* Planned production of CGI engine components for commercial vehicles
* Continued growth in Asia, with 18 installations in China, Korea, and Japan
[Shanxi and Stockholm, 17 June 2015] - ASIMCO International Casting Co., Ltd.
(Shanxi), a leading independent automotive components group in China, has
entered into a technology supply agreement with the Swedish process control
specialist SinterCast for Compacted Graphite Iron (CGI) product development and
series production. Under the terms of the agreement, SinterCast will install a
System 3000 Plus process control system at the ASIMCO foundry located in Shanxi,
China and provide engineering support for the establishment of a robust CGI
series production process. With planned commissioning during 2015, the System
3000 Plus will control the CGI process including the patented SinterCast thermal
analysis, automatic feedback control of the base treatment process by cored
wire, and feedforward optimisation of magnesium and inoculant prior to casting.
"The installation of the SinterCast technology in our cylinder block and head
foundry in Shanxi marks another important step for ASIMCO as a leading provider
of passenger vehicle and commercial vehicle components" said Mr. Tian, Guozhu,
General Manager of ASIMCO International Casting Co., Ltd. (Shanxi). "The global
recognition of the SinterCast brand provides instant credibility for ASIMCO's
CGI capability and, together with the reliability of the SinterCast technology
and its engineering experience, provides a robust platform for ASIMCO to supply
the growing Asian demand for CGI."
"The ASIMCO installation becomes our tenth installation in China and our
eighteenth in Asia, broadening our local presence and brand awareness, and
increasing our opportunity to support the series production needs of the
important Asian CGI market" said Dr Steve Dawson, President & CEO of
SinterCast. "Since the launch of our System 3000 Plus technology in 2011, more
than two-thirds of our series production installations have opted for the
increased process efficiency provided by the automation of the base treatment
process together with the security of our patented measure-and-correct process
control strategy. We are pleased to support ASIMCO with this class-leading
technology."
For more information:
Dr Steve Dawson
President & CEO
Tel: +46 8 660 7750
e-mail: steve.dawson(at)sintercast.com
ASIMCO Technologies ("ASIMCO"), established in 1994, the parent company of
ASIMCO International Casting Co., Ltd. (Shanxi), has become one of the largest
independent foreign auto components groups in China, producing a wide range of
products, including powertrain components, fuel injection systems, chassis
components, rotating electrics and NVH products. Headquartered in Beijing,
ASIMCO currently has nine major operating companies, and 800 service stations in
China. ASIMCO also has sales branches in the United States, Europe and Japan.
Based on its various product categories, ASIMCO has established seven
independent R&D centres to continuously improve its product development and
customer support capabilities.
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 43 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
Press Release PDF :
http://hugin.info/1205/R/1929080/692885.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SinterCast via GlobeNewswire
[HUG#1929080]
Unternehmensinformation / Kurzprofil:
Datum: 17.06.2015 - 09:14 Uhr
Sprache: Deutsch
News-ID 401053
Anzahl Zeichen: 5685
contact information:
Town:
Stockholm
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 143 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"ASIMCO International Casting Co., Ltd. (Shanxi) adopts SinterCast process control technology"
steht unter der journalistisch-redaktionellen Verantwortung von
SinterCast (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
