Italeaf: Established Numanova Srl, Newco in the field of advanced metallurgy and metal powders
(Thomson Reuters ONE) -
PRESS RELEASE 26 JANUARY 2016
ITALEAF: Established Numanova Srl, Newco in the field of advanced metallurgy
and metal powders
The company will produce alloys and metal powders for Additive Manufacturing (3D
printing) and the most advanced applications in areas such as aerospace, energy,
mechanical, biomedical
* Share capital equal to ? 2.35 million, Board of directors composed by
Stefano Neri (Chairman), Paul Folgarait (Executive Director and General
Manager) and Corrado Giancaspro (CEO)
* Forecast investment of Euro 12 million, and production capacity of 500 tons/
* year of metal powder, expected operating staff of around 50 employees
* The production plant will be located in the Italeaf's industrial area at
Nera Montoro (TR - Italy) and the company will have operating offices,
representative and/or research centers in Milan, London and Hong Kong
* Planned transformation into joint stock company and the opening to third
party investors. Signed agreement for technical and scientific cooperation
and trade relations with leading international players in their respective
sectors
* Towards the start of the authorization procedures
Italeaf, holding company and first Italian company builder active in cleantech
and smart innovation sectors, listed on on NASDAQ OMX First North, following the
press release issued to the market on 18 January 2016, announces the
establishment of a new company called "Numanova Srl". The new start-up will be
originated by the sharing of know-how and economic and financial resources
between the co-founder represented by Italeaf SpA and dr. Paul Folgarait,
physicist, owner of several patents in the metallurgical sector, manager with
experience in the Lucchini group, the Allied International Group, in Franchini
Steels and in Centro Sviluppo Materiali.
Numanova, established as a limited liability company, has a share capital of ?
2.35 million and will have a governance model with a board of directors that
will be formed by Stefano Neri, chairman, Paolo Folgarait, executive director
and general manager, and Corrado Giancaspro, CEO, and a board of auditors.
The General Manager of Numanova, Paolo Folgarait, stated:
"The production of metal powders and the research and development activity to
make new alloys are attracting interest and growing expectations on the global
market. The versatility of the techniques of powder metallurgy can help to
create complex and innovative metallic materials (and ceramic) and introduce new
forms of production in advanced sectors with high added value. We believe,
through the integration in the Italeaf group, to quickly develop an initiative
of international value that meets the needs of highly competitive industries,
which represent a new industry with high quality, standardization and
innovation".
The founders have already anticipated the future transformation of the company
into "joint stock company" and the opening of capital to third party investors,
to encourage industrial growth, trade activity and internationalization.
BUSINESS SEGMENTS
Numanova will be active in the production of metal powders of high-quality from
metal alloys, ferrous and non, for Additive Manufacturing (3D printing), Metal
Injection Molding (MIM), Hot Isostatic Pressing (HIP) and the most advanced uses
in areas such as aerospace, energy, mechanical, biomedical. The company will be
equipped with the most advanced production technology of metal powders based on
the principle of vacuum induction furnaces and atomizers inert gas ceramic-free.
It will also be introduced technologies of plasma atomization. The stages of
development of the company, whose production unit will be located in the
Italeaf's industrial of Nera Montoro (TR), will expect: within a very short time
the start of the authorization from the competent authorities; the acquisition
of production assets and facilities; their upgrading and the development of the
certification and qualification; the ramp up of the production for the marketing
of products.
INVESTMENT, PRODUCTION CAPACITY AND HUMAN RESOURCES
The investment plan of Numanova foresees biennial commitments totaling of Euro
12 million, with implications for employment up to speed (production in three
shifts) for a total of 50 professional employees, including the human resources
involved in the production, staff, sales, marketing, testing, quality ,
logistics, purchasing, administration, HR, HSE. The expected production capacity
will be around 500 tons/year of metal powders for the field of Additive
Manufacturing and for more advanced uses in areas such as aerospace, energy,
mechanical, biomedical.
VISION INTERNATIONAL
The new initiative will use the productive opportunities and the corporate
standing of Italeaf, a listed company on the international market at a higher
technological content represented by the NASDAQ. Another strength is the Group
global presence, allowing immediately to Numanova to have operating,
representative offices and/or research centers in Milan, London and Hong Kong,
within the Italeaf's hub at the HK the Science and Technology Park. Among the
opportunities, there are also the Italeaf's facilities in the mechanical
industry, activity in which the group will bring a decade of its expertise that
can be repositioned in an innovative area with high growth prospects.
Numanova finally has concluded framework agreements for business collaboration
and technical-scientific cooperation with world leaders in the design and
production of systems Additive Manufacturing of metal powders and with companies
operating in the metallurgical sector and has signed agreements with
universities and research centers of national and international standing.
INNOVATION AND SUSTAINABILITY
The agreement between Italy and Mr. Paolo Folgarait will also allow the opening
in the Nera Montoro industrial area of a research and development center,
through the localization and the incubation of the innovative start-up
Seamthesis. The activities of the task force in Nera Montoro will be
particularly focused on R&D in the field of Alloy Design, metallurgy product and
process, process modeling and development of product and innovative technologies
for the production of metal powder for use in advanced manufacturing (eg.
Additive Manufacturing, MIM, HIP, laser cladding) and surface engineering (eg.
PTA).
From the point of view of sustainability and environmental contribution,
Numanova will sustain the affirmation the emergence of a strongly improved
business model. In particular, compared to a traditional metallurgical
production, Numanova allow a reduction of the times of the internal processes of
prototyping also up to 70%, a drastic reduction of the wastes (the metal powder
not used for printing it can be reused after the reconditioning of powders) and,
of primary importance, the possibility of making metal parts that were not
possible with the traditional methods. Numanova productions also contribute
significantly to the reduction of energy consumption.
This press release is also available on the Company website: www.italeaf.com.
Certified Adviser
Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX
First North.
For further information please contact:
Filippo Calisti
CFO - Italeaf S.p.A.
E-mail: calisti(at)italeaf.com
Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
info(at)mangold.se
Italeaf SpA, established in December 2010, is a holding company and a business
accelerator for companies and startups in the areas of innovation and cleantech.
Italeaf operates as a company builder, promoting the creation and development of
industrial startups in the fields of cleantech, smart energy and technological
innovation. Italeaf has headquarters and plants in Italy at Nera Montoro
(Narni), Terni, Milano and Lecce; has international offices in London and Hong
Kong and a research and development centre in the Hong Kong Science and
Technology Park. The company controls TerniEnergia, listed on the STAR segment
of the Italian Stock Exchange and active in the fields of renewable energy,
energy efficiency and waste management, WiSave in the "internet of things"
field, for the development and production of thermostats and smart technologies
for the remote control of electrical and heating items of buildings managed
through a cloud infrastructure, and Skyrobotic, in the business development and
manufacture of civil and commercial drones in mini and micro classes for the
professional market, Numanova, operating in the field of innovative metallurgy
and additive manufacturing and Italeaf RE, a real estate company.
PRESS RELEASE:
http://hugin.info/162089/R/1981222/725848.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: Italeaf S.p.A. via GlobeNewswire
[HUG#1981222]
Unternehmensinformation / Kurzprofil:
Datum: 26.01.2016 - 08:03 Uhr
Sprache: Deutsch
News-ID 446412
Anzahl Zeichen: 10483
contact information:
Town:
Narni (TR)
Kategorie:
Business News
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