[Stockholm, 24 May 2018] - Following record annualised production of 2.7 million Engine Equivalents in March, series production continued to increase in April, reaching an all-time monthly high of 2.8 million Engine Equivalents. With consecutive records in March and April, the annualised year-to-date production for the first four months of 2018 stands at 2.6 million Engine Equivalents, providing a 30% year-on-year increase. In parallel with the growth in series production, Sampling Cup shipments also increased, setting a new monthly record of 29,400 units in April, corresponding to a 61% increase in year-to-date shipments.
The positive momentum continued into May with the Scania foundry in Södertälje, Sweden, ordering an installation of the SinterCast Cast Tracker™ technology. The order follows a successful on-site trial since the autumn of 2017. The scope of the initial order includes tracking of the moulds from sand filling through to core setting, with five different measurement positions to trace the mould manufacturing process and to correlate sand properties to the mould identification. The installation is planned to be finalised during the third quarter and will be used for both grey iron and Compacted Graphite Iron (CGI) production. Discussions are ongoing to expand the functionality to include traceability of the core production.
"With the start of production of a handful of new programmes in 2018, plus the recovery of some key high volume programmes, our production has increased by approximately 25% and established a `new normal' for our series production baseline. The increased production puts us solidly on track to return to double-digit series production growth this year, while the planned roll-out of new SinterCast-CGI programmes reaffirms our confidence for a positive outlook well beyond 2018" said Dr. Steve Dawson, President & CEO of SinterCast. "The installation outlook also remains positive, following the completion of the Mini-System 3000 installation at Sanlian Casting in May and the tracking orders from Tupy and Scania. The Scania commitment to the initial Cast Tracker installation, together with the second Ladle Tracker installation at Tupy, confirms the value of these technologies and provides important running references to promote further applications."
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