NEWS
Foundry   Industry  

A €10 Mio. Investment a positive Signal to the Foundry Industry

Official Opening of Mingzhi-Tech GmbH European headquarters in Leipzig

Together with guests from Germany, Italy, China, Russia, Poland, France, Turkey, Slovenia etc. representing foundries, consultants and suppliers Mingzhi-Tech opened the new European Headquarters.

With Gianluigi Visentin, Heinrich Kairies, Gerald Richter and Sebastian Lenoir, General Manager Mr. Qiu He opened and proudly presented the new MICC 300 in the new facilities. The company's new plant in the Großlehna industrial park near Leipzig/Germany represents a significant investment of 10 Mio. €, and is a sign of confidence in the region and in the foundry industry.

Mingzhi, a Suzhou based Chinese company, provides coremaking solutions as well as operating two aluminum foundries since 1999. After the acquisition of the core making division of DISA from Noricon Group in 2018, Mingzhi Technology Leipzig GmbH was established as the new European production and service facility. As part of the Mingzhi Technology family, MTL will continue to produce high quality core shop equipment and collaborate with the Suzhou technical group to develop and produce innovative core machine products and improve the service level for global customers.

News No: 8320
Date: 2020/01/23 - 18:39
News Source: Foundry Planet

Investment  Foundry  Industry  European  Technology 

Comments:

Leave a Comment:

   
   
   
 

Viewpoint: European HRC pricing mechanism failing

It is common practice in the European hot-rolled coil market for mills and buyers to settle contracts against indices that publish once a month.
 

Visit Foseco at IFEX 2020

Foseco, the Foundry Division of the Vesuvius Group, will have a stand at IFEX 2020 in hall 2 & 3, stand E-29 where you can learn about their latest products, technologies and services.
 

Launched! “Aluminium LeaderSpeak 2020”

AlCircle takes pleasure in announcing that it has launched the second edition of its flagship e-magazine “Aluminium LeaderSpeak 2020”. It is an exclusive e-magazine, whereby top industry leaders from the complete aluminium value chain have shared their views on how the year may transpire for them as an organisation as well as for the industry. They have also shared their business strategies and outlook for the Aluminium Industry to wind up in 2020.
 

Iran’s Steel Output Up by Around 50%

A new international report shows that Iran’s steel output has increased by 46.7% in the past 12 months, indicating a stunning jump 20 times bigger than the world average growth of 2.1% in the same period.
 

Zangeneh: COVID-19, Main Culprit in Recent Oil Price Fluctuations

Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
 

Aluminum Association announces addition of three new member companies

The Aluminum Association has added three new member companies- Audubon Metals, REA JET and Trinity Consultants. Audubon Metals joins the association as a producer member- a firm that makes or fabricate aluminium products. The two companies join as associate members – an organization that supplies goods and services to the industry.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners