Brief: SinterCast Signs Contract In Asia

SinterCast AB

08/06/2021 07:11

June 8 (Reuters) - SinterCast AB  SINT.ST :
    * GRAINGER & WORRALL CONTRACTS SINTERCAST AS CGI TECHNOLOGY
PROVIDER FOR NEW PRODUCT DEVELOPMENT IN ASIA
    * A LEADING ASIAN CAST IRON FOUNDRY GROUP WILL INSTALL
SINTERCAST
PROCESS CONTROL TECHNOLOGY TO ENABLE INDEPENDENT COMPACTED
GRAPHITE IRON (CGI) PRODUCT DEVELOPMENT
    * ORDER IS PART OF A COMPREHENSIVE TECHNOLOGY SUPPLY
AGREEMENT
BETWEEN OEM AND GRAINGER & WORRALL
    * UNDER TERMS OF AGREEMENT BETWEEN UNDISCLOSED OEM AND
GRAINGER &
WORRALL, SINTERCAST WILL SERVE AS A TIER II SUPPLIER TO PROVIDE
CGI PRODUCT DEVELOPMENT CAPABILITY
    * SINTERCAST WILL ALSO PROVIDE TECHNICAL SUPPORT TO
ESTABLISH A
ROBUST CGI PROCESS CONFORMING TO ISO 16112 INTERNATIONAL
STANDARD FOR COMPACTED GRAPHITE IRON
    * MINI-SYSTEM 4000 IS PLANNED TO BE COMMISSIONED DURING
FIRST HALF
OF 2021

Source text for Eikon:  ID:nMFN5zdv4V 
Further company coverage:  SINT.ST 

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