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Third consecutive year of record installations for

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Post# of 301275
Posted On: 10/31/2013 4:15:08 AM
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Posted By: News Desk 2018
Third consecutive year of record installations for SinterCast

* 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 [HUG#1739441]



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