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Metal ind. CHANGE TOPIC

Metal industry news, May 2016

H.C. Starck increases revenues despite weak raw materials markets

H.C. Starck, a leading manufacturer of powders and components, said that it performed well in 2015 ‘despite a difficult market environment’.

Arcam builds new powder manufacturing plant

Arcam’s powder manufacturing subsidiary AP&C, based in Montreal, Canada, continues to add capacity by building a new powder manufacturing plant.

Michael Kerner has received an award from ASTM International Committee A05 on Metallic-Coated Iron and Steel Products.

Johnson Electric has reported 2015 sales of US$2,236 million – an increase of 5% compared to the prior financial year.

PyroGenesis Canada Inc has announced its Q4 and 2015 results.

Linde LLC will present an overview of furnace atmospheres at PowderMet 2016 this June.

Ampal Inc has expanded its aluminum powder production facility in the US by 50%.

GKN Driveline, a manufacturer of electrified driveline technology, has started production at its facility in Villagran, Mexico.

Details of new journal Biotribology.

AM specialist Stratasys has reported revenue of US$167.9 million for Q1 2016, compared to US$172.7 million in the same period last year.

Dr Andreas Meier, CEO and chairman of the executive board of H.C. Starck Group, has left the company.

Kennametal Inc has reported results for the 2016 fiscal third quarter ended 31 March, 2016.

Chemical leader Hexion Inc has announces Q1 net sales of US$909 million, a decrease of 16% compared with US$1.08 billion in the same period of 2015.

SHW AG reported Q1 2016 group sales of €106.6 million, a decrease from the Q1 2015 figure of €117.0 million.

Metaldyne Performance Group Inc (MPG), which makes components for use in powertrain and other automotive applications, has released its Q1 2016 results.

UK-based additive manufacturing (AM) specialist Metalysis has formed a new partnership with K Home International.

Frost & Sullivan has named Divergent 3D as the recipient of its 2016 North American Technology Innovation Award.

Metal Powder Products, a manufacturer of aluminum and ferrous powder metal components, has been acquired by Millstein & Co.

AMG Advanced Metallurgical Group NV has reported EBITDA for Q1 2016 of US$21.2 million, a 4% increase from US$20.4 million in Q1 2015.

Arcam reports that Alcoa has added the Arcam Q20plus, Arcam’s largest, fastest 3D printer, at its facility in Texas.

Bodycote reports that its Derby, UK location is the first facility in Europe to earn MedAccred accreditation.

GKN plc reports that management sales for the three months ended 31 March 2016 were a 12% increase over Q1 2015 figures.

Miba AG’s consolidated revenue climbed by 7% to €719.1 million in the past fiscal year.

GE has opened its first additive manufacturing (AM) center in Pittsburgh, Pennsylvania, USA, contributing 50 jobs to local economy.

Sandvik reports that it has reorganized its operations in its Sandvik Venture business area.

The Canadian government plans to invest CAN$1,500,000 in the Quebec Metallurgy Centre.

Beko Technologies has was officially open the doors of Beko Technologies UK, in Redditch, Worcestershire.

The global powder injection molding components (PIM) market should reach US$3.1 billion in 2020.

Buehler ITW Test & Measurement has combined its metallography and hardness testing business sectors.

Linde Group says that it had a stable business performance in the first quarter of 2016 after adjusting for exchange rate effects.

According to Asian IT news website Digitimes, Apple’s new range of MacBooks could be made using metal injection molded (MIM) hinges.

Sandvik has developed Sanicro 56Mo, a nickel-chromium-molybdenum alloy suitable for corrosive oil and gas environments.

Researchers from Californian universities have developed and tested a type of steel alloy which could withstand an impact without deforming permanently.

SKF has secured a SEK 100 million, one-year contract extension with JSC Tikhvin Freight Car Building Plant.

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