AMG Announces Acquisition of Nitriding Technology for

New Post Public Reply Private Reply Replies (0) Message Board
testuser
AMG Announces Acquisition of Nitriding Technology for Advanced Wear Resistance Applications

AMSTERDAM, THE NETHERLANDS--(Marketwired - Apr 12, 2013) - AMG Advanced Metallurgical Group N.V.'s ("AMG", EURONEXT AMSTERDAM: "AMG") AMG Engineering unit, ALD Vacuum Technologies GmbH ("ALD") announces that it has acquired a patented wear and corrosion resistance nitriding technology that utilizes an active screen plasma nitriding process ("ASPN"). This revolutionary technology will enable ALD to expand its services to new aerospace and energy applications and the medical market.

The ASPN technology modifies a component's surface by adding nitrogen, using plasma technologies, to create a specific nitride layer. This modification improves the mechanical strength, corrosion resistance, and electrical conductivity of materials such as niobium alloys for fuel cells and carbon nanoparticles.

ALD and others currently provide alternative nitriding technologies; however, none of those technologies is capable of treating the surface of biomaterials due to the inherent limitations (e.g. temperature uniformity, and temperature level - which is essential to maintaining materials' properties) associated with those technologies. The ASPN technology enables the nitriding process to occur in low temperatures and for non-conductive materials, which is not possible with any other technology commercially available today.

The ability to apply the ASPN technology at low temperatures is the key element that significantly broadens the market for this surface treatment. The ASPN process can be used for the surface treatment of biomaterials such as austenitic stainless steels and titanium alloys and polycaprolactone components for medical implantable devices. This technology enables ALD to access markets valued in excess of $500 million with growth rates above 10%.

About AMG

AMG creates and applies innovative metallurgical solutions to the global trend of sustainable development of natural resources and CO(2) reduction. AMG produces highly engineered specialty metal products and advanced vacuum furnace systems for the Energy, Aerospace, Infrastructure and Specialty Metals and Chemicals end markets. AMG consists of three segments, AMG Processing, AMG Engineering and AMG Mining.

AMG Processing develops and produces specialty metals, alloys and high performance materials. AMG is a significant producer of specialty metals, such as ferrovanadium, ferronickel-molybdenum, aluminum master alloys and additives, chromium metal and ferrotitanium, for Energy, Aerospace, Infrastructure and Specialty Metal and Chemicals applications. Other key products include specialty alloys for titanium and superalloys, coating materials and vanadium chemicals.

AMG Engineering designs, engineers and produces advanced vacuum furnace systems and operates vacuum heat treatment facilities, primarily for the Aerospace and Energy (including solar and nuclear) industries. Furnace systems produced by AMG include vacuum remelting, solar silicon melting and crystallization, vacuum induction melting, vacuum heat treatment and high pressure gas quenching, turbine blade coating and sintering. AMG also provides vacuum case-hardening heat treatment services on a tolling basis.

AMG Mining produces critical materials utilizing its secure raw material sources in Africa, Asia, Europe and South America. AMG Mining produces critical materials such as high purity natural graphite, tantalum, antimony and silicon metal. These materials are of significant importance to the global economy and are available in limited supply. End markets for these materials include electronics, energy efficiency, green energy and infrastructure.

With over 3,000 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, Czech Republic, United States, China, Mexico, Brazil, Turkey, Poland, India and Sri Lanka and has sales and customer service offices in Belgium, Russia and Japan ( www.amg-nv.com ).


Disclaimer

Certain statements in this press release are not historical facts and are "forward looking." Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. These forward-looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward-looking statement is based.


April 12 2013: http://hugin.info/138060/R/1692633/556131.pdf


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters 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: AMG Advanced Metallurgical Group N.V. via Thomson Reuters ONE

[HUG#1692633]

For further information, please contact: AMG Advanced Metallurgical Group N.V. +1 610 975 4901 Jonathan Costello Vice President of Corporate Development and Corporate Communications Email Contact

Investors-Hangout-Stock-Message-Boards-thumbnail-2015.png

test123 kjk
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Ransoms and Mega-Losses Surge in Cyber Claims Study

Updated Category News Views 5

Cyber Costs Skyrocket in Latest Study NetDiligence’s 2026 Cyber Claims Study isn't just another report—it’s a wake-up call. The numbers paint a stark picture: cyber incidents are burning deeper holes in pockets, and no one's immune. Whether you're a scrappy SME or a lumbering corporate giant, this report puts a magnifying glass to the chilling reality of cyber...

Continue Reading
Red Banyan Earns Top Honors in Florida for 2026

Updated Category News Views 5

Red Banyan: A Powerhouse in Reputation Management Boy, have you ever watched a company rise through the ranks almost like a caffeine kick on a drowsy morning? That's Red Banyan for you. This outfit, right out of Fort Lauderdale, snagged the '2026 Best of Florida' award as the cream of the crop in the Business Consulting Firms category. It’s like taking home an Oscar in...

Continue Reading
ScholarShare 529 Launches $50 Back-to-School Promo

Updated Category News Views 5

California Families Get a Boost With New 529 Plan Offer Everywhere you turn, it's 'back to school' mania right now, and ScholarShare 529 aims to ride that wave by sweetening the pot for parents ready to think ahead. So here's the gist—California's official college savings plan is handing out a $50 gift card for new accounts opened between now and September 30th. Setting...

Continue Reading
Avive Partners with Cambridge Fire for Lifesaving Training

Updated Category News Views 8

Tapping into the Pulse: Avive & Cambridge Fire in Action No fooling around here—Avive Solutions is linking arms with the Cambridge Fire Department to put the city on a faster track to becoming a lifesaver haven. They're rolling out a free CPR and AED training right in the Smith Campus Center, Harvard Square. It's the kind of thing you love to see—getting the community...

Continue Reading
American Savings Bank IPO Hits NYSE: $129M Raised

Updated Category News Views 6

A Big Day for American Savings Bank Buckled up yet? Because American Savings Bank has just shot onto the NYSE, raising a hefty $129 million. A solid start, I’d say, for a Honolulu-based outfit that now struts around with a valuation tipping beyond $1.03 billion. That’s what you get when you price more than eight million shares at $16 a pop. NYSE:ASBH is the new kid on...

Continue Reading
Finastra Recognized as 2026 Leader in Payment Platforms

Updated Category News Views 4

Finastra Steals the Spotlight in Payments Innovation When it comes to the modern world of finance, nothing screams ‘adapt or fade into oblivion’ like the payments industry. Well, here’s a reality check from QKS Group: Finastra has snatched the spotlight in their SPARK Matrix™ for 2026 as a powerhouse in integrated bank payments platforms. Clearly, this ain’t...

Continue Reading
Rosewood HK Tops Best Hotel List Again; Asia Shines

Updated Category News Views 4

Holding the Crown: Rosewood Hong Kong's Triumph When a single hotel keeps nabbing the top spot in the world's most prestigious rankings, it's worth taking a closer look. That's exactly what's happening with Rosewood Hong Kong, crowned the world's best once more in 2026—its second consecutive year at the pinnacle according to The 50 Best Hotels. Defining Luxury on a...

Continue Reading
NOAA Taps ICEYE US for Game-Changing SAR Satellite Data

Updated Category News Views 8

The Strategic Move to SAR Data Imagine this: You’re in the thick of a hurricane, where visibility goes out the window, and traditional satellite data chokes under the crushing weight of clouds and nightfall. That's the precise chaos ICEYE US is cutting through with its Synthetic Aperture Radar (SAR) technology. The latest scuttlebutt is that NOAA's getting cozy with...

Continue Reading
Koogler's Sale to ALL4: A Game-Changer for the Southeast

Updated Category News Views 5

A Strategic Alignment Unfolds in Environmental Engineering Ever notice how those industry shifts often sneak up on you, only to leave a mark that's hard to ignore? That's exactly what's playing out with Koogler & Associates' recent hookup with ALL4 LLC. Set aside that coffee, this one's too important to miss if you've got a stake in the environmental consulting game or...

Continue Reading
NY Sheriffs' Court Battle: Immigration Policies Under Fire

Updated Category News Views 10

Sheriffs Clash with State Over Immigration Policies In a tense showdown reminiscent of an old-time standoff, 15 New York county sheriffs have drawn their battle lines against the state’s capricious maneuvers by pushing a federal court to hit the brakes on Albany’s newly minted immigration rule. The so-called “Local Cops, Local Crimes Act” is catching serious heat,...

Continue Reading

Top 5 Most Recently Viewed Articles

PharmaEssentia: Ensuring Consistent Interferon Therapy Access

Updated Category News Views 247

PharmaEssentia: Ensuring Consistent Interferon Therapy Access PharmaEssentia, a leading global biopharmaceutical company, is making great strides in ensuring that essential interferon therapies remain available to patients, even in times of global supply challenges. The company has reaffirmed its commitment to providing reliable access to Pegasys (peginterferon alfa-2a)...

Continue Reading
PodcastOne Expands Network with New Agreement for Fool Coverage

Updated Category News Views 111

PodcastOne Expands Its Podcast Network In a notable move to enhance its offerings, PodcastOne, a leading podcast platform celebrated for its diverse content, has secured exclusive multi-year sales and distribution rights to Fool Coverage. This podcast, hosted by renowned influencers Manny MUA and Laura Lee, promises captivating discussions filled with humor and insightful...

Continue Reading
Operational Reinventions: Legal Professionals Adapt to Workloads

Updated Category News Views 116

Operational Reinventions in the Legal Sector In today's fast-paced legal environment, professionals in legal, risk, and compliance sectors are facing unprecedented challenges. Recent research reveals that 60% of these experts are prioritizing operational reinventions to tackle the pressures of their growing workloads. As organizations strive for efficiency, many are...

Continue Reading
Discovering Leading AI Platforms for 2025: Insights Unveiled

Updated Category News Views 186

Unveiling the Top Machine Learning Platforms of 2025 The recently published report from a global IT research and advisory firm highlights crucial machine learning platforms aiding organizations in accelerating AI adoption, enhancing model performance, and significantly improving operational efficiency. This comprehensive evaluation draws insights from user feedback...

Continue Reading
The Nuclear Company's Bold Move for a Sustainable Future

Updated Category News Views 148

The Nuclear Company's Bold Move for a Sustainable Future The Nuclear Company has taken a significant step toward transforming the energy landscape in America by announcing its plans to deploy 6 gigawatts of fleet-scale nuclear power. This bold initiative comes as the company issues a solicitation of interest to contractors specializing in engineering, procurement, and...

Continue Reading