Regulatory Filings • Mar 13, 2008
Regulatory Filings
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As an integral step in SinterCast's commitment to the Chinese foundry and automotive industries, SinterCast has established a new representation office in Shanghai: "SinterCast AB Shanghai Representation Office". Active from 13 March 2008, SinterCast's local office will provide technical and commercial support to SinterCast's current customers and potential development partners in China as the domestic demand for high quality Compacted Graphite Iron develops. The office will be headed by Dr Frank (Xiang Feng) Zhang, General Manager – China. Dr Zhang, a Chinese national, obtained a Bachelor´s degree in Applied Physics, Mechanics and Mathematics degree from China's prestigious Tongji University and Masters of Applied Science and PhD degrees in process metallurgy from the University of Toronto in Canada. Dr Zhang brings more than 20 years of cast iron foundry experience to SinterCast's Chinese launch, with an emphasis on liquid iron process control and quality control.
"The SinterCast team has successfully made the first installation of its process control technology in China and the SinterCast brand is widely accepted in the Chinese foundry and OEM communities as the world's leading CGI technology" said Dr Frank Zhang, SinterCast's General Manager – China. "Following my initial visit to SinterCast's first series production partner, Da Shiang Precision in Tianjin, and to the potential commercial vehicle development partners in China, I am convinced that the timing is right for SinterCast to establish a permanent presence in China".
"As the largest manufacturer of commercial vehicles in the world, and with upcoming Euro IV emissions legislation, China's heavy-duty diesel engine market will require reliable high volume production capability for Compacted Graphite Iron" said Dr Steve Dawson, President & CEO of SinterCast. "I have known Dr Zhang for more than 20 years and I look forward to working together with him as we begin series production at Da Shiang and bring SinterCast's CGI experience and know-how to the Chinese market.
Stockholm and Shanghai, 13 March 2008
| Dr Steve Dawson President & CEO |
Dr X F Zhang General Manager – China |
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|---|---|---|---|
| Box 10203 | Room 2602-21, 283 Huai Hai Road (M) | ||
| SE-100 55 Stockholm | Shanghai | ||
| Sweden | P.R. China | ||
| Tel: | +46 8 660 7750 | Tel: | +86 21 610 35888 |
| Fax: | +46 8 661 7979 | Fax: | +86 21 610 35788 |
| e-mail: website: |
[email protected] www.sintercast.com |
e-mail: website: |
[email protected] www.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. SinterCast produces a variety of CGI components ranging from 8 kg to 17 tonnes, all using the same process control technology. The end-users of SinterCast-CGI components include Aston Martin, Audi, Caterpillar, Chrysler, Ford, General Electric Transportation Systems, General Motors, Hyundai, International Truck and Engine, Jaguar, Kia, Land Rover, MAN, MAN B&W Diesel, PSA Peugeot-Citroën, Rolls-Royce Power Engineering, Toyota, Volkswagen, Volvo and Waukesha Engine. The SinterCast share is quoted on the Small Cap segment of the Nordic Exchange, Stockholm (Stockholmsbörsen: SINT).
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