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SinterCast AB ( (SE:SINT) ) just unveiled an update.
SinterCast partner Tupy S.A. has secured a contract to supply CGI cylinder blocks for a new 13-litre commercial vehicle engine platform in North America, with production starting in late 2026 at the Tupy foundry in Mexico. This order, along with a recent Brazilian order, is expected to significantly boost SinterCast’s production volumes and reinforce its growth outlook, as the adoption of CGI in commercial vehicle engines gains momentum.
More about SinterCast AB
SinterCast AB is the leading global supplier of process control technology for the production of Compacted Graphite Iron (CGI), which is stronger and more durable than conventional iron. The company focuses on providing sustainable solutions for the foundry and automotive industries, contributing significantly to CO2 reduction. SinterCast is publicly traded on the Nasdaq Stockholm stock exchange.
YTD Price Performance: 14.27%
Average Trading Volume: 4,534
Current Market Cap: SEK837.5M
Learn more about SINT stock on TipRanks’ Stock Analysis page.