SinterCast

Press Release
For Immediate Distribution

[Stockholm, 25 September 2024] – A major international commercial vehicle manufacturer has ordered a SinterCast Ladle Tracker® installation for its captive iron foundry. The installation will include nineteen tracking locations around the foundry and will become the largest Ladle Tracker installation to date. The layout of the system and the functionality have been jointly developed between the OEM engineers and SinterCast to provide a bespoke solution that suits the process flow and the traceability requirements of the foundry. With an order value of approximately SEK 3.6 million, the installation is planned to be commissioned before year-end.
 
“The investment in our Ladle Tracker technology is part of an ongoing SEK 1.6 billion investment in the foundry to provide sustainable engine manufacturing for the future” said Dr Steve Dawson, President & CEO of SinterCast. “The overall investment demonstrates the commitment of the Western commercial vehicle industry to heavy duty engine manufacturing for the long-term, while the installation of the SinterCast Ladle Tracker demonstrates the value of our technology for improved traceability and productivity in modern iron foundries.
 
For more information:

Dr Steve Dawson
President & CEO
SinterCast AB (publ)
Mobile: +44 771 002 6342
e-mail:  steve.dawson@sintercast.com

This press release contains information SinterCast AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the President & CEO Dr. Steve Dawson, at 14:00 CET on 25 September 2024.
 
SinterCast® is the world’s leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). Stronger, stiffer and more durable than conventional iron, CGI enables the development of smaller, lighter and more fuel efficient engines in passenger vehicle, commercial vehicle and industrial power applications. The use of SinterCast-CGI currently contributes to the reduction of approximately ten million tonnes of CO2 per year. With 58 installations in 12 countries, SinterCast provides sustainable solutions for manufacturing and transportation to the global foundry and automotive industries. SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com
 
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