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Metal Casting Technologies : September 2006
Vesuvius Group has announced the planned construction of a new £5.3 million crucible factory to be constructed in Suzhou close to Vesuvius two existing manufacturing sites which make, respectively, flow control products for the continuous casting of steel and fused silica ceramics used in the glass and solar energy industries. Commenting on the new investments, Francois Wanecq, Chief Executive of Vesuvius said: "Vesuvius has been in China since early 1998 and now has four manufacturing sites producing specialty refractories for the steel and glass industries. We are constantly on the lookout for new opportunities for Vesuvius technology and this new investment will add products to our portfolio in high growth areas. We recognized a need for high quality crucibles to serve the rapidly growing foundry industry in China". The new facility, which will be operational by mid-2007, will produce energy efficient, long life, high perfor- mance clay graphite crucibles for the fast growing non-ferrous foundry market. The Chinese foundry industry is the largest in the world and has experienced annual growth of around 10% over the last few years. Future growth is expected to be driven by the rapid expansion of China s automotive and aerospace industries. This new investment, along with our existing crucible plants in Europe, India and NAFTA, will further enhance Vesuvius position as one of the leading suppliers of crucibles for the foundry market in the world. About Vesuvius: Vesuvius is the world leader in the supply of advanced flow control refractory products and systems to the global steel industry and a leading supplier of specialist ceramic products to the glass and foundry industries. It is also the regional leader in the US, UK and Australia in the supply and installation of monolithic refractory linings. Vesuvius is a division of Cookson Group s plc, the leading materials science company operating on a worldwide basis in Ceramics, Electronics and Precious Metals markets. FOR FURTHER INFORMATION PLEASE CONTACT: North Asia -- Mike Hankin Tel: +86-137-7199-0163 Email: Mike.Hankin@vesuvius.com South Asia -- Chris O Brien Tel: +61 3 9569 5100 Email: Chris.OBrien@vesuvius.com Europe -- Bob Sim Tel: +44 (0)7760 178716 Email: Bob.Sim@vesuvius.com NAFTA -- Doug Harty Tel: +1 716 825-7900 Email: Doug.Harty@vesuvius.com Corporate -- Sophie Dujardin Tel: +32 2 766 01 30 Email: Sophie.Dujardin@vesuvius.com VESUVIUS CONTINUES IT EXPANSION IN CHINA WITH £5.3 MILLION INVESTMENT