SinterCast : Doosan Infracore orders a second SinterCast process control system

• SinterCast Mini-System 3000 to be installed during second quarter
• Production of heavy-duty diesel engine for off-road applications
• Ongoing Compacted Graphite Iron product development

[Incheon and Stockholm, 2 March 2015] - Doosan Infracore Co., Ltd, Korea's largest manufacturer of construction equipment and diesel engines, has ordered a second process control system from the Swedish Compacted Graphite Iron (CGI) process control specialist SinterCast. Following the first SinterCast installation in 2006, and successful materials research and product development within Doosan Infracore, the new Mini-System 3000 will be used for the production of the CGI cylinder block of a new diesel engine developed for demanding off-road applications. Together, the two SinterCast installations will be used to enable independent CGI product development and series production within Doosan Infracore. The Mini-System 3000 is expected to be installed during the second quarter of 2015, with the initial CGI production beginning upon commissioning of the system.

"We are pleased that Doosan Infracore's successful CGI product development, together with SinterCast's commitment to the important Korean market, has led to this second installation. The launch of a new engine, and Doosan Infracore's investment in a second process control system, reinforces the global trend toward CGI in the heavy-duty diesel sector for both on-road and off-road applications" said Dr. Steve Dawson, President & CEO of SinterCast.  "We are motivated by Doosan Infracore's confidence in our technology - repeat business is the strongest endorsement of any technology, and one of our core objectives."

For more information:

Doosan Infracore specialises in construction and engineering, heavy machinery and construction equipment, energy and national defense. Founded in 1937, Doosan Infracore has grown to become Korea's largest manufacturer of construction equipment, engines and machine tools. With operations throughout Korea and dealer networks in over 140 countries, Doosan Infracore's goal is to become one of the world's Top 3 machinery firms by 2020. Doosan Infracore owns and operates an iron foundry at its main production facility in Incheon with an annual production capacity of 50,000 tonnes of shipped castings, primarily for diesel engine cylinder blocks and heads in the range of 15-495 kg per piece.

SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 75% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine size, weight, noise and emissions. With 41 installations in 12 countries, the SinterCast technology is primarily used for the production of petrol and diesel engine cylinder blocks and exhaust components for passenger vehicles; medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles; and, industrial power engine components for marine, rail, off-road and stationary engine applications. SinterCast's series production components range from 2 kg to 9 tonnes, all using the same proven process control technology.  The SinterCast share is quoted on the Small Cap segment of the Stockholm NASDAQ OMX stock exchange (Stockholmsbörsen: SINT). For more information: www.sintercast.com:
http://www.sintercast.com
END