* SinterCast Mini-System 3000 to be installed during fourth quarter
* Product development for commercial vehicle cylinder blocks and heads
* Four new installations secured during 2013 - further potential before year-
end
[Nanchang and Stockholm, 23 September 2013] - Jiangling Motors Corporation, Ltd
(JMC), China's leading producer of diesel engined vans, light busses and light
duty trucks, has entered into a technology supply agreement with the Swedish
process control specialist SinterCast for Compacted Graphite Iron (CGI) product
development. Under the terms of the agreement, a SinterCast Mini-System 3000
will be installed at the JMC foundry located in Nanchang, China. The Mini-
System 3000, which is planned to be shipped during September and commissioned in
October, will enable JMC to independently develop high quality CGI cylinder
blocks and heads for its own diesel engines and for engines produced as part of
its joint venture with Ford Motor Company.
"This order marks our sixth installation in China, broadening our presence and
our brand awareness in the world's largest commercial vehicle market. We are
pleased that our longstanding support of CGI development in China, combined with
our commitment to local commercial and technical support, has led to JMC's
decision to adopt our technology" said Dr Steve Dawson, President & CEO of
SinterCast. "The JMC Mini-System 3000 is our fourth installation commitment of
2013 and, together with other ongoing installation discussions, provides an
opportunity for a third consecutive year of strong installation growth,
following record installation performance in 2011 and 2012."
For more information:
Dr Steve Dawson
President & CEO
Tel: +46 8 660 7750
e-mail: steve.dawson@sintercast.com
Jiangling Motors Corporation Ltd. is one of China's largest commercial vehicle
manufacturers with sales of 200,000 units in 2012. Located in Jiangxi province,
Jiangling produces work vans, light duty busses, light duty trucks, pick-ups and
SUVs, and is China's largest exporter of light duty diesel engine vehicles. JMC
has a long history of international technical collaboration and has had a joint
venture partnership with Ford Motor Company since 1995. Publicly traded on the
Shenzhen stock exchange since 1993, JMC is 30% owned by Ford and has been listed
as one of China's Top 100 companies for the last eight years. For more
information: www.jmc.com.cn/english
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#1727187]
