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

Intus Bio Secures $2.7M for Colorectal Cancer Test

Updated Category News Views 4

Pioneering Efforts in Early-Onset Colorectal Cancer Detection The battlefield of colorectal cancer prevention just got a serious upgrade with Intus Bio grabbing a $2.7 million award. This ain't just pocket change—it's a shot at rewriting the script on how we approach early-onset colorectal cancer, the pesky number one cancer gnawing at the under-50 crowd. Partnering...

Continue Reading
World Fire Congress 2026 Champions Global Fire Safety

Updated Category News Views 8

Rethinking Fire Safety with a Global Mindset The 2026 World Fire Congress wrapped up in London, signaling a big shift in how we tackle fire safety. Over 60 nations were represented, and they all walked away singing the same tune: if we’re going to handle these ever-mounting fire risks, we have to lean on each other a lot more. Next stop on this crusade? The flashy city...

Continue Reading
NYSE Reflects on 9/11: Honoring Lives and Legacy

Updated Category News Views 4

A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 7

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading
High-Grade Copper Spurs Optimism for PolarX in Alaska

Updated Category News Views 3

Copper's New Pulse: PolarX Makes Waves in Alaska Ever hear about striking copper so rich it's practically shimmering? Well, PolarX Limited just might have hit that sweet spot up in the rugged expanses of Alaska. Let me tell you, when you're knee-deep in resources, like what they’re discovering at the Caribou Dome Project, it sure feels like you’ve struck modern-day...

Continue Reading
OneAscent Welcomes Monica Stoudemire as New CCO

Updated Category News Views 5

New Leadership in Compliance Diving straight into the tumultuous sea of securities compliance, OneAscent's got a fresh captain at the helm. Monica Stoudemire's stepped into the Chief Compliance Officer's shoes with a track record that'd make any investor breathe a sigh of relief. After all, blending two decades of on-the-ground experience with regulatory acumen ain't...

Continue Reading
Americas Cardroom's Poker Series Hits $7.2M Haul

Updated Category News Views 2

Massive Prize Pools Emerge in Just Four Days I found myself eyeballing some jaw-dropping numbers from Americas Cardroom's latest poker series, the Online Super Series XL. It's not every day you see nearly a hundred tournaments rake in over $7.2 million in prize pools in just four days. From September 6th to 9th, a whopping 62,847 entries signed up to make an honest...

Continue Reading
Step Inside Henson's Creature Shop Magic in NYC

Updated Category News Views 8

Unlock Puppet Magic with Jim Henson Tours Puppet fans, let me tell you, there's something going on in Queens, NY that's got both nostalgia and innovation scribbled all over it. We're talking about the legendary Jim Henson's Creature Shop opening its doors. If you're looking to relive the magic that helped shape a generation, get ready to dive into a world where creativity...

Continue Reading
DCM Services Teams with AKUVO to Boost Estate Recoveries

Updated Category News Views 3

Revolutionizing Estate Recovery Practices Here's the scoop: DCM Services (DCMS), that big shot in estate account resolution, is hooking up with AKUVO to shake up how credit unions handle estate recoveries. This alliance is a clear nod to modernizing a process stuck in the past. Let’s face it, handling decedent and probate accounts is no cakewalk, and traditional methods...

Continue Reading
CrossCountry Mortgage Boosts Loan Limits, Flexibility for 2027

Updated Category News Views 28

Trailblazing in the Mortgage Game Well, what do we have here? CrossCountry Mortgage, the big cheese of retail mortgage lenders, is cranking up their conforming loan limits to a hefty $845,000. They're jumping the gun on the Federal Housing Finance Agency's official 2027 announcement. It's a classic move—proactive, bold, and a bit of a gamble, if you ask me. They’re...

Continue Reading

Top 5 Most Recently Viewed Articles

Carvana's Q3 Earnings Reveal Strong Growth and Future Prospects

Updated Category News Views 96

Carvana Reports Impressive Q3 Earnings Carvana Co (NYSE: CVNA) has recently shared its remarkable financial performance for the third quarter. With the company delivering robust growth metrics, stakeholders are excited about the direction in which it’s heading. Strong Revenue Growth This quarter, Carvana achieved a revenue of $3.66 billion. This figure is notably higher...

Continue Reading
Sinch Unveils Innovative RCS Business Service for Telcos

Updated Category News Views 180

Sinch's Cutting-Edge RCS Business Enablement Service Sinch is leading the way in transforming communication for businesses with its latest offering: the RCS Business Enablement service. This service aims to streamline RCS operations, enhancing monetization and simplifying financial management for telecom operators. As the mobile messaging landscape evolves, enterprises...

Continue Reading
Sampo plc Expands Share Buyback Program Amid Market Changes

Updated Category News Views 59

Sampo plc Enhances Shareholder Value with Buyback Program Sampo plc is a prominent player in the financial services industry known for its strategic initiatives aimed at enhancing shareholder value. With recent developments in the stock market, Sampo has taken a noteworthy step by expanding its share buyback program significantly. This decision reflects the company's...

Continue Reading
GOGO Charters Boosts Connectivity with New Routes in Texas

Updated Category News Views 170

GOGO Charters Enhances Its Services in Texas GOGO Charters is proud to announce an expansion of its daily charter bus services across Texas, specifically focusing on regions like Houston and Corpus Christi. This initiative showcases GOGO Charters' commitment to providing exceptional travel experiences while meeting the increasing demand for sustainable options. New Routes...

Continue Reading
Collaboration Boosts Wearable Heart Health Monitoring Accessibility

Updated Category News Views 127

Empowering Heart Health through Innovative Collaboration In a groundbreaking announcement, Health-E Commerce® has joined forces with Biotricity® to enhance remote cardiac monitoring solutions available for millions of consumers. This collaboration specifically aims to support individuals utilizing Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs)....

Continue Reading