Sep 14 2006
Dynamic Materials Corporation (DMC) has announced that its Explosive Metalworking business has received two contracts collectively valued at $8.7 million. The contracts call for the production of explosion-welded plates to be used in a major nickel hydrometallurgy project in Madagascar. The orders were placed by Chinese and European fabricators working on the project.
DMC's explosive welding businesses in France, Sweden and the United States will each participate in the production process, which will involve cladding plates of titanium and carbon steel. Both orders are expected to ship during the first half of fiscal 2007.
Yvon Cariou, president and CEO, said, "The fact that two independent fabricators have selected DMC to participate in this very large nickel processing project reflects the important role our products play in the hydrometallurgy industry. Significant investments are being made to expand worldwide nickel processing capacity, which we view as an encouraging sign for DMC."
http://www.dynamicmaterials.com