SinterCast Follow

[Stockholm, 8 February 2021] – Following series production of 2.4 million Engine Equivalents in December and 2.6 million Engine Equivalents in November, annualised series production improved to 2.7 million Engine Equivalents in January. Although the series production improved in January, it was still hampered by the remaining effects of the traditional year-end shutdowns, and by reduced production cadence related to a model changeover of the high-volume F-150 pick-up truck in the US. Overall, the series production in January amounted to 90% of the January 2020 volume and 93% of the volume in the first quarter of 2020.

“January showed further signs of improvement, despite that it was a short month with some of our series production foundries not resuming production until the second week of the new year. Overall, the production outlook continues to improve, with commercial vehicle sales in the US at near-record levels and with new commercial vehicle programmes starting production at FAW and Scania during 2021” said Dr Steve Dawson, President & CEO. “January also marked the significant ‘first iron’ milestone at the new Scania foundry in Sweden, with the first ladles of CGI being treated as part of the foundry start-up trials. It was particularly rewarding for both Scania and SinterCast that, after a three-year project, the very first ladle was tapped and treated fully in-specification.”

For more information:
Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel: +44 771 002 6342
e-mail: steve.dawson@sintercast.com

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 size, weight, noise and emissions. The SinterCast technology is used for the production of petrol and diesel engine cylinder blocks and exhaust components for passenger vehicles, medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles, and industrial power engine components for agriculture, marine, rail, off-road and stationary engine applications. SinterCast supports the series production of components ranging from 2.7 kg to 9 tonnes, all using the same proven process control technology. As a specialist supplier of precision measurement and process control solutions to the metals industry, SinterCast also supplies the SinterCast Ladle Tracker® and SinterCast Cast Tracker® technologies, to improve process control, productivity and traceability in a variety of applications. With 54 installations in 14 countries, SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com

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