Metal treatment specialist buys alloy producer.
Elkem ASA has acquired the UK company TM Technology Ltd, a manufacturer of the foundry alloy Tenbloc, which is used in the mould inoculation of ductile and grey iron, and its production facilities.
Elkem ASA is based in Norway, and is one of the world’s leading companies for environmentally responsible production of materials. Elkem manufactures a wide range of inoculants, MgFeSi alloys and pre-conditioners for the production of cast iron.
Elkem is a global leader in metal treatment solutions to the cast iron industry and a supplier of high quality ferrosilicon to the steel industry. This acquisition will strengthen Elkem’s position in this market and the ability to provide customers a wider range of specialised products.
“Our customers need different solutions for their metal treatment processes. At Elkem we want to support our customers’ success with reliable premium products and by sharing our experience in process improvement. With Tenbloc in our portfolio Elkem is able to extend the offering and meet customer demands even better,” said Roland Hennigfeld, Global Sales and Marketing Director for Elkem.
The TM Technology Ltd plant is located in Dronfield UK, and will be rebranded as Elkem Dronfield Ltd.
The acquisition was completed in 2018.
For further details contact Ceramic and Alloy Specialists on TEL: 011 894 3039 or visit www.ceramic-alloy.co.za