Brief: SinterCast: Dongya Technology (Suzhou) Company Buys SinterCast Licence

SinterCast AB

02/11/2022 09:20

Nov 2 (Reuters) - SinterCast AB  SINT.ST :
    * DONGYA TECHNOLOGY (SUZHOU) COMPANY, LTD. HAS ACQUIRED A
SINTERCAST LICENCE IN PREPARATION FOR START OF SERIES PRODUCTION
OF COMPACTED GRAPHITE IRON (CGI) INDUSTRIAL POWER ENGINE
COMPONENTS
    * UNDER TERMS OF AGREEMENT, SINTERCAST WILL SUPPLY A
MINI-SYSTEM
PROCESS CONTROL SYSTEM AND WILL PROVIDE ENGINEERING SUPPORT
    * INSTALLATION IS PLANNED TO BE COMMISSIONED DURING Q4 OF
2022,
WITH INITIAL PRODUCTION BEGINNING BEFORE YEAR-END

Source text for Eikon:  ID:nMFN8ZkWwS 
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