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Tekna secures major titanium powder order from leading Asian MIM manufacturer Tekna Holding ASA, based in Sherbrooke, Quebec, Canada, has received a significant titanium powder order worth CA $2.9 million from a leading Tier 1 component manufacturer in Asia. The customer will use the titanium powder for the Metal Injection Moulding of digital watch cases and dials, designed for use in personal electronic devices. A similar order, valued at CA $1.7 million, was received from the same customer in May 2023. Deliveries for this new contract are scheduled to begin in 2024. “This order is for material consisting of the smaller particles from our existing powder production, which is readily available in our inventory. It plays an important role in our strategy to secure sales of Tekna’s entire production capacity and aligns with our ambitious growth objectives,” shared Luc Dionne, CEO of Tekna. “We are proud to be a part of this innovative manufacturing process and look forward to provide support to this customer in its manufacturing requirements”. Rémy Pontone, VP Sales and Marketing, stated, “Metal powder production processes naturally yield a wide distribution of particle sizes. These powders are subsequently separated into different cut sizes, each becoming a different product. Traditionally in the industry, some cut sizes have been considered of limited use and even discarded as waste. Through collaborative efforts with our customers, we have successfully qualified this smaller cut size for MIM, leading to improved resource efficiency, heightened sales yield and a substantial increase in market share within the consumer electronics components industry.” Tekna’s titanium alloy powder is said to offer a high level of sphericity, low oxygen content, high density (bulk and tapped) as well as controlled grain size. In addition to Ti64 titanium alloy powder, Tekna produces tungsten and tantalum powders for MIM applications. www.tekna.com
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