Osram completes purchase of GTE

Osram completes purchase of GTE

PM UPDATE Osram completes purchase of GTE OSRAM GmbH h a s now completed t h e p u r c h a s e of GTE's North American lighting business. The two fi...

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PM

UPDATE

Osram completes purchase of GTE OSRAM GmbH h a s now completed t h e p u r c h a s e of GTE's North American lighting business. The two firms h a d signed a definitive a g r e e m e n t conc e r n i n g t h e sale in A u g u s t 1992. The new c o m p a n y in N o r t h A m e r i c a will b e k n o w n as Osram Sylvania Inc. " O s r a m Sylvania is clearly positioned as t h e leading innovative lighting c o m p a n y in North America. By combining t h e s t r e n g t h s of Osram a n d Sylvania, our global lighting a n d precision materials b u s i n e s s e s will be even

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DEMAND for t a n t a l u m powder used in electrolytic capacitors in J a p a n is e s t i m a t e d to have fallen from 135 t o n n e s in 1991 to 90 t o n n e s in 1992. This is significantly lower t h a n t h e 116 t o n n e s f o r e c a s t a t t h e b e g i n n i n g of t h e year, says

Roskill's Letter from Japan. The fall in s h i p m e n t s m e a n s tantalum powder producers c a n n o t r e s p o n d to r e q u e s t s for a cut in prices. Since late 1991, d e m a n d for t a n t a l u m c a p a c i t o r s h a s fallen, leading to a greater fall in s h i p m e n t s of powder a n d a

MPR March 1993

b u s i n e s s e s in t h e USA a n d Canada. The firm will have sales of a p p r o x i m a t e l y $1.3 billion, ope r a t e s 30 m a n u f a c t u r i n g plants and employs about 13 000 people. The acquisition increases Osram's t o t a l worldwide sales by 70% to approximately $3.3 billion. The Sylvania b r a n d n a m e is being r e t a i n e d a n d will be used to identify m o s t of t h e company's lighting p r o d u c t s sold in North America.

H.I.P. increases high temperature capacity

to t h a t available with H.I.P.'s megaHIP unit, enabling H.I.P. to model t h e effects of rapid cool a n d develop t h e possibilities for c o m b i n e d H I P / h e a t t r e a t m e n t . The system also h a s a d e w a x i n g u n i t to dewax, sinter a n d HIP, which may be used in future m e t a l injection moulding d e v e l o p m e n t works, a n d can o p e r a t e in v a c u u m u p to 1500°C. H.I.P. says t h a t this acquisition is f u r t h e r step in t h e i n v e s t m e n t p r o g r a m m e of its p a r e n t company, Bodycote International, which h a s recently a n n o u n c e d its p u r c h a s e of I n t e r n a t i o n a l P r e s s u r e Services, a HIP c o m p a n y b a s e d in London, Ohio. IPS o p e r a t e s four HIP u n i t s a n d serves t h e industrial midwest of t h e USA.

INCREASED high t e m p e r a t u r e h o t isostatic pressing (HIP) facilities are now available at H.I.P. Ltd of Chesterfield, UIC The firm h a s acquired a high t e m p e r a t u r e HIP system with a furnace capacity of 200 m m d i a m e t e r a n d 300 m m long. Operating t e m p e r a t u r e s of u p to 2000°C a n d p r e s s u r e s of up to 200 MPa can be achieved in t h e new vessel. The operating volume is 20 t i m e s larger t h a n c u r r e n t capabilities for high t e m p e r a t u r e ceramic processing a t H.I.P. This will lead to more economical densification of ceramics, as well as t h e capacity for larger p a r t processing, says t h e firm. The new ABRA HIP system h a s a r a p i d cool facility similar

Osram Sylvania Inc; tel: 4- 1-508-777-1900.

Shan Andrews, H.I.P. Ltd; tel: + 44- (0) 246-260888; fax: + 44- (0) 246-260889.

SIGNS t h a t t h e economy of Western Europe is c o n t i n u i n g its d o w n t u r n are reflected in t h e first analysis of its survey of industrial trends, says the E u r o p e a n Powder Metallurgy Association (EPMA). The survey looked a t PM c o m p o n e n t s manufacturing and materials and equipment shipments. Some 59% of r e s p o n d e n t s from t h e c o m p o n e n t s sector reported that order books h a d fallen in t h e first q u a r t e r of 1993 c o m p a r e d w i t h t h e final q u a r t e r of 1992. This figure r o s e t o 70.5% w h e n c o m p a r e d with t h e first quart e r of 1992. The EPMA says t h a t it came as no surprise t h a t 65% of c o m p a n i e s rep o r t e d 'poor' order books with a t t e n d a n t rises in 'order cancellations' (53%) a n d 'order deferments' (59%). Prices for r a w m a t e r i a l s used in PM m a n u f a c t u r i n g are forecast to r e m a i n stable over the next three months, but t h e r e was a noticeable pressure for PM c o m p o n e n t producers to cut prices with 47% r e p o r t i n g a fall in o u t p u t prices. Almost all (88%) of the PM c o m p o n e n t s c o m p a n i e s rep o r t e d a decline in t h e number of employees, a n d 59% said t h a t s h o r t - t i m e working would be i n t r o d u c e d in t h e f i r s t q u a r t e r of 1993.

Bernard Williams, EPMA; tel: + 44- (0) 743-248899; fax: + 44- (0) 743-362968.

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Tantalum powder prices held

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more competitive in t e r m s of technical innovation, cost a n d new products," says Osram's president Dr Wolf-Dieter Bopst. Dean T. Langford, formerly p r e s i d e n t of GTE Electrical Products Group, has been n a m e d p r e s i d e n t of t h e new company, which will be b a s e d in Danvers, Massachusetts. Osram Sylvania consists of GTE's f o r m e r l i g h t i n g a n d related precision materials a n d c o m p o n e n t s business in t h e USA, C a n a d a a n d Puerto Rico, a n d of Osram's former

PM industry continues to slow d o w n

rise in i n v e n t o r i e s of b o t h powder a n d capacitors. Manufacturers of t a n t a l u m capacitors have reduced prices by 4% b u t fear t h a t strong competition may result in f u r t h e r cuts. Large c o n s u m e r s have dem a n d e d reductions of 10% in t h e price of t a n t a l u m powder, which h a s not occurred before. According to t h e Ministry of Finance t h e average unit price of i m p o r t s of t a n t a l u m raw materials from t h e USA was ¥9058/tonne during January to July 1992, c o m p a r e d with ¥ 1 0 7 0 3 / t o n n e in 1990. The fall in price in 1992 is t h e result of a p p r e c i a t i o n of t h e yen against t h e dollar.

A NICKEL-chrome-molybd e n u m - t u n g s t e n alloy pipe w i t h twice t h e corrosion r e s i s t a n c e of its conventional c o u n t e r p a r t s a n d 100 t i m e s t h a t of steel h a s b e e n developed by Sanyo S p e c i a l S t e e l o f Hyogo, Japan. The p i p e is p r o d u c e d by a n original t e c h n i q u e employing h o t e x t r u s i o n of c o m p a c t e d atomized powd e r e d materials. Sanyo says

t h a t t h e r u s t - r e s i s t a n t pipe is ideal for u s e in h e a t e x c h a n g e r s a t polymer production p l a n t s . T h e alloy pipe will also be c h e a p e r t h a n existing p r o d u c t s of its type, claims t h e firm.

Sanyo Special Steel Co Ltd; tel: + 81-792-35-6111; fax: + 81-792-34-8571. (Information supplied by. Comline International Corp. Comline News Service © 1993).