GTP expands Tikomet production site
July 16, 2018
Global Tungsten & Powders (GTP), a leading supplier of tungsten and molybdenum powders, semi-finished parts and SOFC components, headquartered in Towanda, Pennsylvania, USA, has announced the expansion of its Tikomet facility in Jyväskylä, Finland.
During the opening ceremony, Hermann Walser, Chief Executive Officer of the GTP group, emphasised how important Tikomet’s tungsten carbide zinc reclaimed powders are for the tungsten portfolio of the GTP group. Recycled materials are a highly requested alternative to virgin material and together with the chemical recycling capabilities at the APT plant in Towanda, the GTP group reports a recycling ratio of almost two thirds. Tikomet doesn’t only increase GTP’s green footprint, it is also said to help the company be less dependent on unreliable Western virgin raw material resources.
“With Tikomet being part of an international Group, having the full product portfolio of virgin and recycled materials for the hardmetals industry, Tikomet jumped from one to the next sales and production record since it is part of the GTP group. To continue with further growth in the future it is necessary to expand the production capacities. The new building extension here is a prerequisite for that.”
The company produces tungsten carbide-cobalt powders from the zinc reclaim process, using high quality hardmetal scrap as a raw material to manufacture several grades of tungsten carbide-cobalt powders. GTP zinced powders are used in a wide range of markets including tire studs, energy exploration, construction, automotive and mining, to name a few. The facility expansion will provide an additional 600 m2 (approx. 6450 ft2) of production space.