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Globe Metallurgical to license Inmold, Flotret processes.

Globe Metallurgical to License Inmold, Flotret Processes

Globe Metallurgical, Inc. has acquired the exclusive licensing rights for the Inmold and Flotret ductile iron process patented in the U.S., Canada and Mexico.

The licensing rights were acquired from Pickands Mather & Co., a subsidiary of Cleveland-Cliffs, Inc.

Under the agreement, Globe will provide exclusive technical services relating to the Inmold and Flotret processes for all licensors.

The two processes are used extensively in foundries worldwide for converting gray iron into ductile iron. Ductile iron castings are used by U.S. automakers for such items as brake calipers and steering knuckles.

The Inmold and Flotret processes allow foundry operators to produce cost-efficient, ductile iron with less pollution and higher nodule content.

Patents for the processes are owned by Materials & Methods, Ltd., Reigate, England, Globe's wholly owned European subsidiary. In addition to the Inmold and Flotret processes, Globe and Materials & Methods will be marketing their new Sigmat process for ductile iron production.

Globe Metallurgical, headquartered in Cleveland, Ohio, is the largest U.S. producer of foundry ferroalloys and silicon metal.
COPYRIGHT 1991 American Foundry Society, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Industry News
Publication:Modern Casting
Date:Jan 1, 1991
Words:177
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