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Metal Casting Technologies : September 2007
www.metals.rala.com.au 8 BRIEFINGS Gopal Padki heads new company in China Gopal Padki, the immediate past CEO of Foseco China, now heads up Sinocast, a new venture specially set up to supply foundry and metal technology industries with cost effective solutions. It forms a complimentary bridge between industrial consumables, equipment and instrument suppliers. The company has been established in Hong Kong and it also has a minority shareholding in a Fe-Si plant based on a fully recycled thermal power plant located in China. Further information: email@example.com China and Italy joint venture The Italian industrial conglomerate Fiat and Chery Automobiles of China have signed a preliminary agreement to create a joint auto manufacturing company. The new company, located in Wuhu in China's Anhui province, would produce and distribute Fiat and Alfa Romeo models as well as Chery group vehicles. Production expected to total 175,000 vehicles a year, is projected to begin in 2009. "The introduction of Alfa Romeo in China, represents an historical step, which launches one of the most attractive brands of European car industry into the world's fastest growing automotive market of these years," said Fiat chief executive Sergio Marchionne. Chery Automobiles chief executive Yin Tongyao said the arrangement would make Chery more competitive worldwide, complementing our existing range of cars," he added. Chery is one of the leading Chinese automakers and is China's principal auto exporter and the Chinese manufacturer will supply Fiat with 100,000 medium cylinder gasoline engines a year. Joint venture with Japan Steel Works Bühler Druckguss AG has announced plans to set up a joint venture with the Japanese Japan Steel Works (JSW) for selling and producing cold-chamber die casting machines. JSW will enter the die casting business with the Swiss Technology Group Bühler AG as a partner. The venture will start by the signing of a sales and service agreement between the two companies. This will provide the basis for preparing the joint venture, which will then also include production, engineering, and R&D. Cold-chamber die casting machines are predominantly applied for casting aluminum alloys. In the first phase, JSW will provide an appropriate service and maintenance structure and at the same time build a technical center of competence to promote sales of Buhler machines to Japanese customers. Buhler Diecasting is a leading manufacturer of cold-chamber die casting machines in Europe, North America, and large parts of Asia. With this alliance, Buhler intends to push sales of its die casting machines worldwide. It plans to expand its position especially in the Japanese market and with Japanese companies in other countries. In Japan, the production of die casting machines is increasing as a result of higher car output by Japanese manufacturers inside the country and overseas. Since 2002, growth rates of about 22 percent have been achieved. In 2006, a total of 1160 die casting machines worth 50 billion yen were sold. Of the total of all shipments in 2006, 65 to 70 percent went to factories of domestic or overseas Japanese customers. In order to take advantage of this growth market, Buhler and JSW will enhance the customer service they provide to Japanese users. Therefore, also a Technical Customer Center is to be built at the factory of JSW in Hiroshima. Two complete die casting cells will be installed there in order to create new technical solutions in cooperation with customers. The goal of the alliance is to win a substantial share of the Japanese die casting market within the next three years. www.jsw.co.jp www.buhlergroup.com. Components sourced from China GKN Driveline Torque Technology has been awarded a contract to supply power transfer units (PTUs) to Chery, China's largest independent car manufacturer. The contract is for an SUV due for launch in 2009. The new PTU is planned to be assembled at GKN Driveline Torque Technology's new Kangkiao manufacturing facility. Components will be primarily sourced in China. Alliance agreement SAIC Motor Corp China SAIC Motor Corp., the Chinese partner of General Motors Corp. (GM) and Volkswagen AG (VOW.XE), has signed an alliance agreement with Yuejin Auto Group Co. SAIC will establish a joint working team with Yuejin to discuss business cooperation and restructuring, aiming to achieve a 'complete Gopal Padki Ph: 1300 36 0201 www.blastequip.com.au Blasting Equipment and Supplies Wheel Blast ■ Tables ■ Barrels ■ "Y"Track ■ Tumbleblast ■ Pipe ■ Hangers ■ Mono Rails & Much More Blast Cleaning Equipment