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Aleksandr Matveev | Dreamstime
Thiti Tangjitsangiem | Dreamstime
'Availability of new foundry sand is already becoming a challenge, along with the need of providing new solutions to waste management,” according to the director of a metallurgical research center.
Branimir Ritonja | Dreamstime
Automotive cast parts.
Seesea | Dreamstime
Fire photo
Jacek Sopotnicki | Dreamstime
With deoxidized base iron, carbon levels can be increased to 3.30% C and alloying can be completely or nearly eliminated at the same time.
Simone Neuhold / RHI Magnesita
Many refractory products are custom-developed and manufactured for particular applications, and also usually contaminated with material they have absorbed while lining furnaces or ladles, which makes the recycling process a challenge.

Superior Industries Invests in Indian Wheel Manufacturer

June 30, 2010
Gains option to increase stake up to 26%
Superior Industries International, Inc. has acquired a minority stake in an Indian company that, like Superior, produces cast aluminum-alloy wheels. The value of Superior’s investment in Synergies Castings Ltd. was not released. Its stake amounts to 8.7% of the outstanding shares of the privately held company. In addition to the initial investment, Superior said it entered into a definitive agreement to make additional equity investments in Synergies, up to a total of approximately 26% of Synergies’ total issued equity. That agreement is effective through by December 31, 2010, subject to certain conditions. Synergies Castings produces aluminum wheels by low-pressure diecasting at a plant in Visakhapatnam, India. The castings are customized with a copper-nickel-chrome electroplating technology. Its products are supplied to Toyota, General Motors USA and Chrysler USA, among other automakers. "We believe this is an excellent long-term investment opportunity, given the dynamic and growing automotive market in India," stated Superior chairman, CEO, and president Steven J. Borick. Superior Industries produces cast aluminum wheels for Ford, General Motors, Chrysler, BMW, Mitsubishi, Nissan, Subaru, Toyota, and Volkswagen. Its six plants are at Fayetteville and Rogers, AR; Chihuahua, Mexico (three); and Buzavirag, Hungary.