Share Name Share Symbol Market Type Share ISIN Share Description
Bodycote International LSE:BOY London Ordinary Share GB00B3FLWH99 ORD 17 3/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +9.00p +0.92% 992.00p 991.00p 992.00p 998.00p 981.50p 985.50p 293,575 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 600.6 91.9 35.2 28.2 1,899.25

Bodycote PLC Bodycote Launches Powdermet Technologies

20/07/2017 7:00am

UK Regulatory (RNS & others)


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RNS Number : 5614L

Bodycote PLC

20 July 2017

20 July 2017

BODYCOTE LAUNCHES GAME CHANGING Powdermet(R) TECHNOLOGIES

Additive manufacturing processes that can dramatically reduce production time and cost of 3D printed parts

Bodycote, the world's largest provider of heat treatment and specialist thermal processing services, introduces Bodycote Powdermet(R) technologies, a group of additive manufacturing processes used in the production of complex components using powder metallurgy.

Bodycote has decades of experience creating complex, high integrity components from powdered metal. Bodycote Powdermet(R) technologies now incorporate new, patent-pending techniques that combine 3D printing with well-established net shape and near net shape techniques. This new technology dramatically reduces the manufacturing time and production cost of a part compared to producing the same part using 3D printing alone.

Powdermet(R) technologies ensure complete powder consolidation, achieve structural homogeneity, and eliminate internal porosity and unconsolidated powder flaws. The process can produce components with varying surface features and thicknesses, with higher structural integrity than alternative production techniques. The need for brazing or welding parts together to form larger structures is eliminated. Instead, the finished article can be produced as one seamless component and largely avoid the size limitations imposed by the constraints of 3D printing. Different parts of a component can be formed from different alloys presenting the ideal and most cost-efficient solution. Component design can be tailored to the actual requirements for performance and not limited by subsequent machining operations.

Stephen Harris, Group Chief Executive, commented that "the recent breakthroughs are truly game changing technologies for component design and manufacturing. Industry applications are wide ranging with early adoption expected in aerospace, oil and gas, power generation and mining".

Bodycote continues to invest in resources and capital for development in additive manufacturing technology to create significant value for customers and meet the future growth demands. As well as its Powdermet(R) technologies, Bodycote provides a full range of heat treatment, hot isostatic pressing (HIP) and electrical discharge machining (EDM) services across North America and Europe tailored specifically to support the needs of companies manufacturing metal components utilising 3D printing.

- Ends -

About Bodycote

With more than 180 accredited facilities in 23 countries, Bodycote is the world's largest provider of heat treating and specialist thermal processing services. Through heat treatment, metal joining, surface technology and Hot Isostatic Pressing (HIP), Bodycote improves the properties of metals and alloys, extending the life of vital components for a wide range of industries, including aerospace, defence, automotive, power generation, oil & gas, construction, medical and transportation. Customers in all of these industries have entrusted their products to Bodycote's care for more than 30 years. For more information, visit www.bodycote.com.

For further information, please contact:

 
 Bodycote plc                  Tel No +44 (0) 1625 505300 
 Stephen Harris, Group Chief 
  Executive 
  Dominique Yates, Chief 
  Financial Officer 
 FTI Consulting                Tel No +44 (0) 20 3727 
                                1340 
 Richard Mountain 
  Susanne Yule 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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