Kennametal to invest in tungsten-cobalt blended powder operations in the US and China
November 21, 2012
Kennametal Inc. has commenced plans for a new carbide recycling facility in the United States and announced the expansion of its tungsten-cobalt powder operations in Tianjin, China.
The company is starting preliminary work to establish an advanced carbide recycling facility in the US where it will reclaim material from scrap and consumed products such as metal-cutting inserts, and reuse it for new production.
“We’re talking about a high-tech operation where we’ll process used materials to develop new compounds essential to our industrial technology,” stated Kennametal Chairman, President and CEO Carlos Cardoso. “This is an exciting first for our company, demonstrating our commitment to invest in sustainability and advanced technology strengthening our leadership in America, and our service to customers around the world,” he added.
By adding tungsten-cobalt blended powder capacity in Tianjin, close to China’s source mines, the company expects to streamline customer service in that region and reduce export delays and duties on the material.
Posted by: Paul Whittaker, Editor ipmd.net, [email protected]
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