Toa Koki becomes first Japanese foundry to install the SinterCast Process Control Technology
(Thomson Reuters ONE) -
* Toa Koki Co., Ltd. orders Mini-System 3000 for CGI product development and
series production
* Pre-production of large diesel engine components for marine and stationary
engines underway
* Near-term potential for annual production of more than 100,000 Engine
Equivalents
* Five new installation commitments secured during 2011 with further potential
before year-end
[Stockholm, 25 October 2011] - Building on SinterCast's longstanding support of
Compacted Graphite Iron (CGI) product development in the industrial power
sector, the Toa Koki foundry of Japan, one of the world's leading foundries for
the production of large marine and stationary diesel engine components, has
ordered a Mini-System 3000. The installation, scheduled for early-December,
follows more than two years of on-site trials and technical support during the
initial product development phase and provides Toa Koki with independent CGI
product development capability in the lead-up to series production. With the
potential for the production of more than 100,000 Engine Equivalents per year in
the near-term, the installation at Toa Koki provides the opportunity for
SinterCast to increase its production of components beyond the core automotive
cylinder block and head sector. At present, components other than automotive
cylinder blocks and heads account for approximately 15% of SinterCast's series
production volume.
"The installation commitment from Toa Koki results in five new installations
during 2011, fulfilling the installation target initially presented during
November 2010. We are experiencing a clear increase in CGI product development
and installation planning and we anticipate additional installation commitments
over the next six months" said Dr Steve Dawson, President & CEO of SinterCast.
"Toa Koki has been an ideal partner during the product development phase and we
look forward to working together with them to support the CGI series production
requirements of the industrial power sector and to further diversify our
production portfolio."
For more information, please contact:
Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel: +46 8 660 7750
e-mail: steve.dawson(at)sintercast.com
Founded in 1944, Toa Koki Co., Ltd. has evolved to become one of the world's
leading producers of cylinder liners, cylinder heads, cylinder covers, pistons
and turbocharger housings for the marine and stationary engine industry. Toa
Koki owns and operates three foundries on Japan's southern island of Kyushu and
supplies high quality iron castings to engine manufacturers around the world,
with 45% of all components being exported to China, Korea, Europe and the
Americas.
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 46 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, Caterpillar, Chrysler, DAF Trucks,
Ford, Ford-Otosan, General Electric Transportation Systems, General Motors,
Hyundai, Jaguar, Jeep, Kia, 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
Press Release PDF:
http://hugin.info/1205/R/1557242/480775.pdf
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originality of the information contained therein.
Source: SinterCast via Thomson Reuters ONE
[HUG#1557242]
Unternehmensinformation / Kurzprofil:
Datum: 25.10.2011 - 09:04 Uhr
Sprache: Deutsch
News-ID 79649
Anzahl Zeichen: 5048
contact information:
Town:
Stockholm
Kategorie:
Business News
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