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An announcement from SinterCast AB ( (SE:SINT) ) is now available.
SinterCast AB has secured a license agreement with Qingdao Xu Ruifeng Foundry Co., Ltd in China for the production of large marine engine cylinder liners using their CGI technology. This agreement, which includes the installation of a Mini-System 4000 and wirefeeder, marks SinterCast’s seventeenth installation in China and is expected to boost installation revenue in 2025, reflecting the growing demand for CGI in marine applications and the industrial power sector.
More about SinterCast AB
SinterCast AB is a leading supplier of process control technology for the production of Compacted Graphite Iron (CGI), which is used in the automotive and industrial power sectors to create more efficient engines. The company operates globally with 58 installations in 13 countries, providing sustainable solutions for the foundry and automotive industries.
Average Trading Volume: 5,113
Current Market Cap: SEK742.1M
Find detailed analytics on SINT stock on TipRanks’ Stock Analysis page.