EANS-News: ItN Nanovation AG - Nanoceramic coating passes field trials at the world´s largest aluminium smelter RUSAL
21.12.2011 – 14:25
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Saarbrücken, December 21, 2011 (euro adhoc) - ItN Nanovation AG, (ISIN DE000A0JL461) announces that RUSAL´s IRKAZ, an aluminium smelter based in Irkutsk, and specialists from RUSAL´s Engineering and Technology Center, have successfully tested Nanocomp Metcast, nanocoatings developed by ItN Nanovation AG (Germany). Nanocomp Metcast are innovative nanocoatings tailored to casting machinery. They extend the service life of molds and lengthen the intervals for maintenance of casting conveyors. As a result, the casting process becomes more efficient at a lower cost. Presently specialists from ItN Nanovation AG and RUSAL are studying large-scale introduction of Nanocomp Metcast at RUSAL´s aluminium smelters. RUSAL would become the first Russian company to use innovative coatings from ItN Nanovation AG, joining a noteworthy list of global metallurgy companies like Nordural (Iceland), Qatalum (Qatar), Hydro (Norway), Talum (Slovenia), EMAL (United Arab Emirates), Konzelmann Metallschmelzwerke (Germany), and AMAG Casting (Austria). UC RUSAL is the world´s largest producer of aluminium, accounting in 2010 for approximately 10% of global production of aluminium and 10% of alumina. RUSAL employs 72,000 people in 19 countries, across 5 continents. RUSAL´s ordinary shares are listed on The Stock Exchange of Hong Kong Limited (Stock code: 486). Global depositary shares representing UC RUSAL´s ordinary shares are listed at the NYSE Euronext Paris (RUSAL / RUAL). Russian depositary receipts representing RUSAL´s ordinary shares are listed on MICEX (RUALR) and RTS (RUAL) stock exchanges in Moscow. Further inquiry note: Herr Marc Mühlensiepen Head of Financial Reporting Tel.: +49 (681) 5001-819 E-Mail: marc.muehlensiepen@itn-nanovation.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: ItN Nanovation AG Untertürkheimer Straße 25 D-66117 Saarbrücken phone: +49 (0)681 5001 460 FAX: +49 (0)681 5001 499 mail: info@itn-nanovation.com WWW: http://www.itn-nanovation.com sector: Technology ISIN: DE000A0JL461 indexes: CDAX, General All Share stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, München, regulated dealing/general standard: Frankfurt language: English