[Stockholm, 11 August 2021] – Annualised series production in July amounted to 3.0 million Engine Equivalents, providing the fifth consecutive month above the three million Engine Equivalent benchmark. While some customers observed the traditional July summer shutdown period, most customers maintained production, enabling July to reach the 3.0 million threshold. In perspective, the July 2021 volume marks the second highest July on record.
During July, Ford announced that the 3.0 litre V6 diesel engine for the F-150 pick-up truck would not be offered as an engine option for model year 2022. However, Ford will continue to produce the SinterCast-CGI V6 diesel engine for upcoming vehicle applications. It is expected that the net volume for the engine will increase as a result of these new applications, with the onset of the ramp beginning during the second-half of 2021.
“Historically, summer shutdowns cause the July production to fall by approximately 20% compared to the second-quarter volume. However, with the strong market demand – particularly for pick-up trucks and commercial vehicles in North America – the decline this year was less than 10%, marking only the second time that our July production reached three million Engine Equivalents” said Dr Steve Dawson, President & CEO. “The July volume provides a strong start to the third quarter and to the second half of 2021. With expected improvements in semiconductor supply and easing of travel restrictions, we look forward to increased series production and increased installation revenue in the second half of the year.”
For more information:
Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel: +46 8 660 7750
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. The SinterCast technology is 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 agriculture, marine, rail, off-road and stationary engine applications. SinterCast supports the series production of components ranging from 2.7 kg to 9 tonnes, all using the same proven process control technology. As a specialist supplier of precision measurement and process control solutions to the metals industry, SinterCast also supplies the SinterCast Ladle Tracker® and SinterCast Cast Tracker® technologies, to improve process control, productivity and traceability in a variety of applications. With 55 installations in 14 countries, SinterCast is a publicly traded company, quoted on the Small Cap segment of the Nasdaq Stockholm stock exchange (SINT). For more information: www.sintercast.com
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