The Aluinvent Ltd. has developed a high-strength aluminum foam, which can be perfectly machined by conventional means, yet it has lots of unique features said Tamás Szabó, Chief Executive Officer of the Company at the Lillafüred press conference on Friday.
Although the aluminum foam product may not be new, but what they developed has unique characteristics, it is high-strength, yet lightweight aluminum products can be made from it.
The company was formed in the last year as a pilot plant; it is located in the industrial park of Felsőzsolca near Miskolc and produces 100 tons of products per year. The planned industrial-scale production provides jobs for hundreds of people said the chief executive officer.
The aluminum foam can be utilized by virtually every branch of industry; they have already received serious inquiries from the United States, Canada, China, and Germany said Szabó.
The company's goal is to become the world's leading producer of aluminum foam and one of the largest employers of the region within a few years added the executive officer.
(MTI - hungarianambiance.com)