* Compacted Graphite Iron product development and series production * SinterCast process control system installed, initial CGI prototypes delivered * Specialist castings producer for agriculture, construction and industrial powers sectors Luitpoldhütte AG, a global leader in the production of complex heavy section iron castings for the agriculture, off-highway construction and industrial power sectors, and a member of the international Concern Tractor Plants (CTP) group, has entered into a long-term technology supply agreement with the Swedish company SinterCast for the use of its Compacted Graphite Iron (CGI) process control technology. Following an initial trial period, during which CGI prototype castings were produced and delivered to Luitpoldhütte's customers and development partners, a SinterCast Mini-System 2000 has been installed at the Luitpoldhütte foundry in Amberg, Germany. The Mini-System 2000 installation provides Luitpoldhütte with the capability to independently support new CGI product development programmes and niche volume CGI series production applications. Under the terms of the agreement, Luitpoldhütte reserves the right to upgrade to a fully automated System 2000 as CGI production volumes increase. Mr. François Hoffmann, President and CEO of Luitpoldhütte said: "Using the SinterCast process control technology, we have successfully produced high quality CGI castings from the very first day of our trials. Now that the trial phase has been successfully completed, we are pleased to formalise our collaboration with SinterCast and to add CGI to our product mix. We look forward to working together with SinterCast and our customers to exploit the benefits of Compacted Graphite Iron for weight reduction, improved performance and durability in the demanding heavy duty sector." Dr. Steve Dawson, President & CEO of SinterCast said: "The Luitpoldhütte commitment for the installation of CGI process control technology reflects the trend toward CGI in on-road and off-road applications and reinforces SinterCast's leadership position for CGI process control. With an initial order value of approximately SEK 1 million, and series production opportunities in the future, this partnership with Luitpoldhütte significantly broadens our ability to support the global commercial vehicle, agriculture, construction and industrial power markets." Amberg and Stockholm, 16 May 2009 Mr. François Hoffmann Dr. Steve Dawson President and CEO President & CEO Luitpoldhütte AG SinterCast AB (publ) Sulzbacher Strasse 121 Box 10203 Amberg D-92224 SE-100 55 Stockholm Germany Sweden Tel: +49 9621 640 481 Tel: +46 8 660 7750 e-mail: e-mail: francois.hoffmann@luitpoldhuette.de steve.dawson@sintercast.com website: www.luitpoldhuette.com website: www.sintercast.com Luitpoldhütte AG, located in Amberg, Germany, is a leading supplier of complex heavy section grey, ductile and now, Compacted Graphite Iron castings to the global agriculture, commercial vehicle, off-highway construction, industrial power and refrigeration industries. With 385 employees and a production capacity of approximately 60,000 tonnes per year, Luitpoldhütte specialises in small and medium series production of iron castings weighing from 100 to 1,000 kg. Luitpoldhütte, a member of the international Concern Tractor Plants (CTP) group, has a customer base including such brand names as AGCO, Caterpillar, Challenger, CNH, Fendt, Liebherr, Massey Ferguson, Sisu Power and Valtra, and has successfully supplied iron components for over 100 years. SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). SinterCast produces a variety of 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, Navistar, Jaguar, Kia, Land Rover, MAN, Porsche, PSA Peugeot-Citroën, Rolls-Royce Power Engineering, Toyota, Volkswagen, Volvo and Waukesha Engine. The SinterCast share is quoted on the Small Cap segment of the Nordic Exchange, Stockholm (Stockholmsbörsen: SINT). END The news release can be downloaded from the following link:
SinterCast: Luitpoldhütte Foundry Adopts SinterCast Process Control Technology
| Source: SinterCast AB