New CFO for Sandvik

Dynamet wins titanium award Dynamet Technology has won the International Titanium Association’s (ITA) 2013 Titanium Applications Development Award. Dynamet specialises in the development and application of titanium powder metal (PM Ti) technology as a substitute for conventional Ti-6Al-4V mill products or forgings for use in aerospace components. Ti-6Al-4V is the most widely used titanium alloy for both aerospace and nonaerospace applications. Dynamet recently gained approval by Boeing Co after an evaluation of Dynamet’s Ti-6Al-4V alloy product and development of a Boeing Materials Specification for powder metal titanium alloy manufactured. Dynamet is

now the sole qualified supplier for Ti-6Al-4V powder metal products, meeting the requirements of the recently released Boeing Material Specification. Dynamet Technology is working with medical device manufacturers on applications for its novel titanium alloys and metal matrix composites for advanced orthopaedic components. The company is currently ramping up PM production at its Burlington facility and planning for further capacity expansions.

Dynamet Technology is working with medical device manufacturers to use its titanium alloys and metal matrix composites in advanced orthopaedic components.

New CFO for Sandvik Mats Backman, currently vice president finance, IT and business development for Sandvik Machining Solutions, has been appointed CFO and executive vice president. Backman has held leading positions at Sandvik since 2007 and previously with Outokumpu, Nordea and Boliden.

metal-powder.net

“Mats Backman has extensive experience from relevant industries and companies,” said Olof Faxander, president and CEO of Sandvik. “With this strong background and experience base, he is a highly suitable person to continue the work to take our finance function forward.”

September/October 2013 MPR

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