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

Johnson & Johnson Unveils Promising PsA Treatment Data

Updated Category News Views 188

A Game-Changer in Psoriatic Arthritis Treatment? Johnson & Johnson just tossed a headline-grabbing bone into the world of psoriatic arthritis with their new ICOTYDE results. For anyone tangled in the chronic web of psoriatic arthritis, hearing about a potential new treatment like ICOTYDE comes with cautious hope. Between stiff joints and rashy skin, sufferers are often...

Continue Reading
2027 Toy of the Year Finalists Energize Play Market

Updated Category News Views 217

A Kaleidoscope of Innovation in Toys There's a familiar buzz in the air, folks. The 2027 Toy of the Year Awards finalists have been unveiled, and they're bringing a fresh wave of creativity to children's playrooms. These aren't just toys; they're miniature innovators ready to light up the market this holiday season. The reveal happened at the Chicago Toy & Game Fair and...

Continue Reading
Muyuan Foods Spotlights Smart Farming at EuroTier 2026

Updated Category News Views 224

Muyuan Foods Ready to Impress at EuroTier 2026 Let's face it, folks—when you think of game-changers in pig farming, Muyuan Foods Group deserves a nod. They're not just trotting out oinkers left and right; they're steering the whole paddock with innovations in smart pig farming and green development solutions. At EuroTier 2026 in Hanover, Muyuan’s booth—J04 in Hall...

Continue Reading
Invasive Procedures Don't Extend Life in Stable Heart Disease

Updated Category News Views 220

Challenging Longstanding Beliefs Today’s news from the heart research front might set a few cardiology heads spinning. We’ve got big-time findings out of the ISCHEMIA-EXTEND study, throwing more weight on the evidence pile that early invasive heart procedures for patients with stable coronary artery disease don’t actually extend your life. Managing care with a blend...

Continue Reading
Moon Base Ambitions: Impulse Space Wins Key NASA Contracts

Updated Category News Views 382

NASA's Vision and Impulse's New Role Ever think you'd see a company like Impulse Space set to play a starring role in humanity's return to the lunar surface? Well, strap in because this isn't just a pipe dream anymore. NASA's bold plan to establish a Moon Base has taken a tangible step forward with Impulse winning two hefty task orders. This ain't just peanuts—this duo...

Continue Reading
ecozy's Brezzano Switch: Brewing Simplicity at Home

Updated Category News Views 361

Breathe the aroma, sip the innovation. ecozy just threw their Brezzano Switch into the arena, and here's the deal: it's a no-nonsense, get-your-caffeine-fix kind of machine aimed at making your mornings simple without compromising on flavor. Unique Features of the Brezzano Switch So, what's cooking? Get this—it's not just any coffee contraption. Built sleek and compact,...

Continue Reading
FuelCell Faces Class Action Crunch as Deadline Looms

Updated Category News Views 162

FuelCell's Legal Storm: What to Know Now You ever get that feeling when your gut knows it all before you even finish reading the headline? Well, buckle up, because FuelCell Energy, Inc. (NASDAQ:FCEL) is staring down a potential class-action train wreck, and they ain't got much track left to skid on before the deadline hits hard on November 10th, 2026. The Crunchy Details...

Continue Reading
7th World Media Summit Spotlights Media's Future in Beijing

Updated Category News Views 163

The Changing Landscape of Global Media An event of this magnitude doesn't just pop up every day like a stock ticker on Wall Street. This year's 7th World Media Summit in Beijing is where nearly 500 bigwigs from all corners of the media landscape are converging. It's not about trading stocks or hitting quarterly numbers—it's about shaping how stories get told in an era...

Continue Reading
J&J's New Study: Sjögren’s Solution Insight Sparks Debate

Updated Category News Views 174

Patient-Centric Take on Sjögren's Disease Johnson & Johnson has dropped fresh Phase 2 results on nipocalimab, reminding everyone they're at the helm of reshaping treatments for Sjögren's disease (SjD). A condition leaving about four million folks craving better days, in multiple ways, shines a light on what's gripping patients the hardest. It's hard not to sit up and...

Continue Reading
Off-Broadway Play 'DUST' Raises Autism Support Funds

Updated Category News Views 318

Here's the scoop: an Off-Broadway production just did something many big hitters can't pull off. 'DUST,' a show crafted like a love letter to the American West, managed to rustle up $30,000 for young adults grappled with autism. Partnering with no less than Yale's Cultural Autism Studies and the Ed Asner Family Center, this effort hit the mark in more ways than one. An...

Continue Reading

Top 5 Most Recently Viewed Articles

XCMG Technician College Fuels Global Talent Development Efforts

Updated Category News Views 235

XCMG Technician College Fuels Global Talent Development Efforts XCMG Technician College, a vocational school under the renowned construction machinery manufacturer XCMG Machinery (000425.SZ), has garnered attention for its commitment to developing exceptional industry talents. This initiative strongly focuses on international collaboration and local skill enhancement,...

Continue Reading
Understanding Tax Treatment on Retail Opportunity Investments

Updated Category News Views 147

New Tax Treatment Announced by Retail Opportunity Investments Corp. Retail Opportunity Investments Corp. (NASDAQ: ROIC) has shared important information regarding the federal tax treatment of its distributions for the upcoming year, aiming to provide clarity to its shareholders. As investors receive these distributions, understanding the tax implications is crucial for...

Continue Reading
SchoolsFirst FCU Makes Impact With Donations to Children's Hospitals

Updated Category News Views 148

SchoolsFirst Federal Credit Union's Commitment to Giving SchoolsFirst Federal Credit Union, the largest credit union dedicated to serving school employees and their families in California, has made significant strides in community support. In 2024, they announced a remarkable contribution exceeding $298,000 aimed at benefiting Children's Miracle Network Hospitals,...

Continue Reading
Introducing the Latest Luxury Home Phase by Toll Brothers

Updated Category News Views 287

Exciting New Developments in Luxury Living Toll Brothers, Inc. (NYSE: TOL), recognized as the nation's premier luxury home builder, has announced the inauguration of a new phase in their residential community, Toll Brothers at Creek Meadows West. This expansion, located within the vibrant Dallas-Fort Worth area, promises to enhance the luxury living options available to...

Continue Reading
New Pacific Delivers Stellar Financial Performance Report

Updated Category News Views 113

New Pacific Reports Financial Results for the Quarter New Pacific Metals Corp. (NASDAQ: NEWP) is pleased to announce its financial results covering the recent quarter. All amounts are presented in U.S. dollars, ensuring clarity in a dynamic market environment. Q1 Highlights of Fiscal 2025 This quarter saw the completion of an independent Preliminary Economic Assessment...

Continue Reading