Hoeganaes, part of GKN Powder Metallurgy, is starting production of automotive grade powders in China for the Asian market.
The new joint venture expands GKN Powder Metallurgy’s footprint in China and makes Hoeganaes the only atomized iron powder manufacturer with complete production facilities in the world’s three major automotive producing regions, the company says.
The agreement with Chinese partner Bazhou Hongsheng Industrial Company Ltd sees GKN Powder Metallurgy taking a majority share in a manufacturing facility located in Bazhou City, Hebei Province, China. The 24,600 m2 plant has been in operation since 2009 and will expand its product line to produce GKN Hoeganaes international grade powders for use in automotive and industrial applications for our customers in these growing Asian markets. These powders can help achieve more complex geometries, improved dynamic properties and ultimately produce lighter weight components.
‘For the first time this joint venture will provide a local manufacturing base for GKN’s advanced metal powder technologies, enabling us to meet the increasing need for more technically enhanced powders in Asia,’ said Peter Oberparleiter, CEO, GKN Powder Metallurgy.
This story is adapted from material from Hoeganaes, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
