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Metal industry news, June 2020

One in six UK auto jobs at risk

The Society of Motor Manufacturers and Traders (SMMT) says that up to one in six jobs in the UK auto market are at risk of redundancy.

At the general assembly of the Japan Powder Metallurgy Association Nobuhiro Hashimoto of Sumitomo Electric Industries, Ltd was elected president.

H C Starck reports that its tungsten powders business has been acquired by Masan Resources, based in Vietnam.

The MPIF says that its virtual basic powder metallurgy (PM) short course now has additional start times, due to increased demand.

PM experts Randall M German and Animesh Bose have released a new book titled Binder and Polymer Assisted Powder Processing.

Wall Colmonoy has reportedly invested £500,000 in its research and development lab in Pontardawe, Wales.

Umicore has received a €125 million loan from European Investment Bank (EIB) to help finance its cathode materials plant in Nysa, Poland.

Malvern Panalytical, a supplier of analytical instrumentation and software, has opened a new application center in Shanghai, China.

GKN Powder Metallurgy says that it is preparing for post-Covid-19 operation conditions and business environment.

The EPMA has moved its headquarters La Maison des Associations Internationales, in Brussels, France.

The MPIF says that its basic PM short course will be held online, from 10–12 August 2020.

The EPMA reports that Euro PM2020 will still go ahead, but will take place online.

The Powder Coating Institute (PCI) has appointed Mike Withers of Axalta Coating Systems to its 2020 board of directors.

Sandvik has completed its previously announced acquisition of the cutting tools division of Quimmco Centro Tecnológico (QCT).

Engine production in the UK declined 99.5% in April 2020, as the Covid-19 lockdown halted manufacturing, the SMMT said.

Carpenter Technology has reported net sales for Q3 2020 of US$585.4 million, down from US$609.9 million in Q3 2019.

Carpenter Technology reports that it has idled two powder metal (PM) production facilities in the US in order to mitigate the impact of Covid-19.

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