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Raymor
Penetrates the Rapid Prototyping Market
With the Sale of a new Titanium Powder
to EOS GmbH 'Germany'
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MONTREAL, QUEBEC--Raymor
Industries Inc. (TSX VENTURE:RAR) is proud to announce
that its wholly-owned subsidiary, AP&C Advanced
Powders and Coatings Inc. (AP&C)
has penetrated another market with the sale of
a new product, spherical Ti-6Al-4V powder, a titanium
alloy, to EOS GmbH. EOS is a German-based manufacturer
of laser-sintering equipment, a rapid prototyping
and manufacturing technology, serving the aerospace,
automotive, and electronics industries. Furthermore,
EOS is looking at AP&C to fulfill a need for
high quality, high purity spherical titanium alloy
powder with its growing list of international clients.
EOS is the world leading manufacturer of laser-sintering systems. Laser-sintering
is the key technology for the fast, flexible and cost effective production
of products, patterns or tools for every phase of the product life cycle
directly from electronic data. Innovative companies from different sectors
are using sintering systems to accelerate their product development and
to optimize their production processes. The list of EOS customers includes
well-known companies such as BMW, Boeing, DaimlerChrysler, Ford, Nokia,
Philips, Pioneer, Porsche, Sharp, Siemens VDO, Toyota, VW, and Volvo. Last
year, EOS earned more than Euro 43 million in revenues and has experienced
an average annual growth rate of 22% over the last 5 years.
AP&C's metallic powders are produced using the patented Plasma Atomization
Process. This globally unique process produces a highly pure metallic powder
with an exceptional sphericity. These two properties allow AP&C's metallic
powders to offer the best performance for rapid prototyping and manufacturing
applications. The patented Plasma Atomization Process, of which AP&C
holds an exclusive, worldwide license, was developed at the beginning of
the 90's at Hydro-Quebec's Shawinigan laboratory in collaboration with
Noranda.
"Having an exceptional, patented technology such as Plasma Atomization allows
us to provide diversified products such as spherical titanium CpTi and Ti-6Al-4V
powders, enabling AP&C to penetrate new growth-oriented markets, such as
rapid prototyping, injection molding and biomedical " said Stephane Robert, President
of Raymor Industries. "Entering the European market with our titanium powders
is also an important step for Raymor," adds Mr. Robert.
According to the Wohlers Report 2005, an industry-recognized progress report
on the rapid prototyping, tooling, and manufacturing state of the industry,
the 2004 worldwide market for additive fabrication, consisting of all products
and services, grew to $705.2 million, up an impressive 33.3% from 2003.
RAYMOR INDUSTRIES INC. (TSX VENTURE:RAR) has as its mission to become the
leading Canadian developer of high technology and a producer/recycler of
advanced materials and nanomaterials for high value-added applications.
In November 2004, Raymor Industries created a wholly-owned, industrial
subsidiary, AP&C Advanced Powders and Coatings, specializing in nanotechnology
and advanced materials, and comprising four operational divisions: (1)
nanotechnology products, including nano-powders, nano-coatings, and single-walled
carbon nanotubes (C-SWNT) for "the applications of tomorrow"; (2) thermal
spray coatings, which largely targets military, aeronautical, aerospace,
specialized industrial, and mining applications; (3) spherical metallic
powders, primarily used for biomedical and aerospace applications; and
(4) net-shape forming, a component manufacturing technique used for ballistic
protection and other aerospace and military applications. Raymor holds
the exclusive rights to more than 20 patents throughout the world, with
other patents pending.
ON BEHALF OF THE BOARD OF DIRECTORS
Stephane Robert, President.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release |
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www.nano-tsunami.com
This
story has been adapted from a news release -
Diese Meldung basiert auf einer Pressemitteilung
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