The need for innovation With the rise of electric cars in the automotive sector, manufacturers have been investing for years in design and production processes that help further reduce the mass of their vehicles, which is often compromised by the weight of the batteries that power them. An obvious candidate for significant weight reduction is the chassis, the skeleton that forms the main structure of the…

Platina Partners LLP is buying 52 MW of the 140 MW Fruges wind farms in Pas de Calais, France, worth €71.3 million. The private equity fund manager specialising in renewable energy and buyouts in turnaround situations acquired the wind farm shares from Infigen Energy Ltd of Australia. Alexandre Labouret, Partner of Platina Partners , says: “We are delighted with this opportunity to acquire part of one of…

Pleissner Guss GmbH, a GMH Gruppe company, has completed a €6 Million modernisation program aimed at expanding its role as a key supplier to future-critical sectors such as rail technology, wind energy, infrastructure, mechanical engineering and defence. With this investment, the company has upgraded its facilities to produce more advanced and precise castings, including safety-critical components for…

Sponsored by China Foundry Association, co-hosted by Hong Kong Foundry Association and Suzhou Die Casting Technology Association, supported by 96 upstream and downstream organizations and local foundry associations, the 13th China International Die Casting Industry Exhibition (CIDC 2019) will be held on March 13-16, 2019 in Shanghai New International Expo Centre, together with the 17th China International…

Euromag, a large and modern magnesium die casting foundry in Poland located in Kędzierzyn-Koźle is to launch a line producing components for the French TGV trains. The first part of the ultra-fast train to leave the factory in Poland is an elbow-rest. The company has also plans to manufacture other components. A two-week test phase of the elbow-rest production is to be launched by Euromag in October. Tools…

Polish foundry maker Odlewnie Polskie ODPL.WA said on Friday it was filing for bankruptcy, becoming the first Warsaw-listed company to face bankruptcy because of currency options. In a statement Odlewnie said the filing was due to: “banking valuations resulting from the currency option deals which caused the value of our liabilities… to top the value of the company’s assets”. Last summer the Polish currency…

The Polish government intends to sell 85% of LUMEL, the biggest local producer of automation equipment located in Zielona Góra, Poland. Lumel was established in 1953. Presently the company is the biggest Polish producer of measurement and automation equipment and is also in present in the field of precise aluminum pressure castings . Additionally, Lumel acquired a significant position in local EMS sector…

Reuters reported that Poland's utilities will build wind farms with record 500 MWs of installed power in 2011. Mr Krzysztof Prasalka head of the country's wind energy lobby PSEW said that "Based on the information from investors, we estimate that this year it will be at least 500 MWs of wind based power. This is still very little given Poland's potential." In 2010, PSEW estimates some 460 MWs of wind farms…

This year, the celebrations of the Polish Foundryman’s Day will be accompanied by the International Conference “Foundry Industry – new solutions and perspectives for the future”. The idea of the conference is to present a modern approach to the management of the production plant and use of the latest techniques, machinery, equipment and materials in the production of castings. The conference aims to present…