by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
button in toolbar for more information.
Metal Casting Technologies : September 2007
www.metals.rala.com.au 12 BRIEFINGS combination' between SAIC and Yuejin's unit Nanjing Automobile (Group) Co., Shanghai Automotive Co. It is expected that the alliance with Nanjing Auto will help improve the efficiency of state- owned assets. Both SAIC and Nanjing Auto are state-owned companies Capital International buys 5.7% in NovaCast Technologies AB With a view to increase long-term institutional ownership in NovaCast some NovaCast shareholdrers have agreed to sell 710,000 B-shares in a private placement. The shares represent 5.7% of the Company's issued share capital and 1.8% of the voting rights. The shares will be sold to management companies owned by Capital Group International Inc., a global investment management organisation. NovaCast Technologies develops and markets dies for body components for the automotive industry, as well as software for methoding, simulating and process control. NovaCast subscidary Graphyte AB offers advanced process control systems for serial production of castings in compacted graphite iron related to the automotive industry. NovaCast subsidiary Camito markets a method of manufacturing tools and dies cast in one solid piece for the product of automotive body components. www.novacast.se Novacast - Graphyte AB New CGI technology was launched before and during GIFA Exhibition at Dusseldorf in June. Agreements were signed for test production with three foundries. Tests conducted in Korea during the second quarter will be followed by extended ones in the second half of the year. Further, Novacast Foundry Solutions has received orders from Toyota Motor Corp in Japan for the ATAS Process Control system as well as NovaFlowSolid simulation software going to Castalloy in the Philippines. AFI Annual Conference The next Australian Foundry Institute annual conference is due to be held in Perth from October 21st to the 24th at the Swan Valley Novotel Vines Resort. It promises to be a "must see" event, with prominent National and International speakers presenting interesting and informative papers. It will be a great opportunity to upskill staff, see the latest equipment and products from suppliers and catch up with colleagues and old friends. For further information please contact firstname.lastname@example.org. Joint venture auto components Dura Automotive Handels und Beteiligungs GmbH, a subsidiary of Dura Automotive Systems Inc., has announced that it has agreed to form a joint venture with Minth Group Limited, a Cayman Island investment holding company, to make parts for automakers based in China. New facility for Georg Fischer in China Georg Fischer, Uzwil, Switzerland, is building a new metalcasting facility in Kunshan, China. The new iron plant will begin operation in the spring of 2009 and will supply the local and global automotive industry with safety components. The iron facility will strengthen their existing presence in the light metals automotive market. The facility already has enough orders to begin operations and has the capacity for expansion. An investment of more than $41million is planned for the first construction phase. Investments in cast iron will be spread over the next three years, the company said. Along with additional investments to expand capacity at GF Piping Systems, the corporation's investment volume in 2007 will climb to $148-157 million. The plant of the newly founded Georg Fischer Automotive Co. Ltd. is being built on property in the Kunshan Economic and Technical Development Zone and is suitable for modular expansion. It is located around 30 km away from Georg Fischer's light metal foundry in Suzhou, China. This provides access to all relevant facilities, such as energy supply, connections and trained personnel. Georg Fischer currently has a total of 1,500 employees in all three corporate groups in China, where it generated sales revenue of some $250 million (CHF 300 million) in 2006. CTNZInc 2007 Annual Conference Casting Technology New Zealand recently held its Annual Conference in Wellington, New Zealand. The main business session was opened with an address by board member Mr Warwick Fyfe who welcomed delegates and set the scene for the program to come. Thirteen presentations were delivered from 10 speakers over the one and a half days. The focus of this year's technical sessions was the metallurgy of cast metals and melting. The conference's Key Note speaker was Dr John Pearce, who is Metals Specialist with the Thailand based National Metals and Materials Technology Centre and a regular contributor to the Metal Casting Technologies Magazine. Dr Pearce was asked to overview the Thai foundry industry and to also present a "back to basics" foundry metallurgy seminar for the assembled delegates. The feedback from all attendees was that John's sessions were not only relevant and incredibly informative but were presented in a passionate and motivating style offering delegates much inspiration for improving their operations. Thermo Fisher Scientific wins R&D Award Thermo Fisher Scientific Inc's K-Alpha has been named by R&D Magazine in the UK as one of the top 100 most technologically significant products introduced into the marketplace over Dr John Pearce addreses the CTNZInc 2007 annual conference