Tungaloy’s earthquake struck Iwaki plant to resume production

April 12, 2011

Tungaloy, one of Japan’s longest established and leading cemented carbide and superhard material producers, reports that it hopes to resume production at its plant in Iwaki, Fukushima prefecture this week (w/b April 11).

tungaloy_Headquarters

Tungaloy’s head Office in Iwaki, Fukushima

prefecture, Japan

The company stated that some damage was suffered to production buildings during the earthquake four weeks ago, but that its main equipment for powder mixing/blending, pressing, sintering, grinding and coating are now functional.

The company also evacuated most of the 1,400 employees from its Iwaki plant because of the radiation leaks from the crippled Fukushima Dai-Ichi nuclear power plant which is about 40 km to the south of Iwaki. Iwaki City is now said to be safe from radiation, and product samples from the plant show that they not contaminated with nuclear radiation.

The company managed to restore basic management operations at its Iwaki headquarters on March 28, and with the help of its two other carbide plants in Nagoya and Kyushu, and stocks held in warehouses, it has minimised disruption to customers.

Tungaloy was also scheduled to inaugurate a new second state-of-the-art cemented carbide plant in Iwaki on March 22 with Berkshire Hathaway chairman, Warren Buffet, participating in the opening ceremony. This event was cancelled because of the earthquake and tsunami.

Berkshire Hathaway has a stake in Tungaloy through its acquisition of 80% of Tefen, Israel-based cemented carbide producer ISCAR Ltd in 2006. ISCAR subsequently purchased Tungaloy in 2008, having already purchased TaeguTec Ltd in Daegu, South Korea.

ISCAR now claims to be the second largest global carbide producer after Sandvik of Sweden. Berkshire Hathaway reports that profits at Iscar were up 159% in 2010, and the company may well surpass pre-recession levels in 2011. Sales of the carbide producer are improving throughout the world, particularly in Asia, states the company.

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

 

www.ipmd.net

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Burgess-Norton and Amsted Automotive: How a legacy automotive supplier is growing with, not despite, electrification
  • Meeting sustainability demands in PM: High-temperature sintering of nickel- and copper-free powder mixtures for low alloyed PM parts
  • World PM2022: An overview of the status and trends in the global PM industry
  • A novel approach for the production of metal powders with tailored chemical compositions: Amazemet’s rePowder
  • Productivity, flexibility, reliability: SACMI’s new press technologies for the changing PM industry
  • Understanding the thermal properties of metal powders: Characterisation of powders using the Hot Disk technique
  • World PM2022: Views on the potential of Field Assisted Sintering for advanced materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link