NBTM New Materials Group Co., Ltd.
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The creation of a Powder Metallurgy market leader: China’s NBTM New Materials Group Co., Ltd. When NBTM New Materials Group announced its acquisition of Shanghai Future High-tech in January 2020, the already-vibrant Chinese PM industry shifted up a gear, accelerating the development of the country’s press and sinter PM market and helping to shape the future of its Metal Injection Moulding industry. For this article, Dr Q introduces NBTM, a Chinese industry leader, and speaks to Zhu Zhirong, CEO, and Mao Zengguang, CTO, about the technical approach and management style that has allowed this company to take the lead in this competitive national market.
In January 2020, NBTM New Materials Group Co., Ltd., a major producer of press and sinter structural PM parts and soft magnetic composites, headquartered in Zhejiang, China, announced its acquisition of Shanghai Future High-tech Co., Ltd, a leading producer of parts by Metal Injection Moulding. This acquisition, combining two of China’s major metal powder technology companies into one entity, ushered a new giant into the Chinese Powder Metallurgy industry, and allowed NBTM to become a major player in the global sintered parts market. The acquisition also had a profound impact on the development of China’s Metal Injection Moulding industry. Originally, Shanghai Future High-tech’s focus was on the use of MIM, Ceramic Injection Moulding (CIM) and bulk metallic glasses (BMGs) to cost effectively produce small, three-dimensional, complex
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high-performance structural parts, including products which are widely used in smartphones, communications systems, power tools, selected automotive applications and medical devices. Since becoming a subsidiary of NBTM, Shanghai Future has
further developed its capabilities and market penetration as a manufacturer of parts for internal combustion engines (ICEs) and electric and hybrid vehicles thanks to its new parent company’s expertise in the world of PM automotive parts.
Fig. 1 NBTM’s headquarters in Zhejiang, China (Courtesy NBTM New Materials Group Co., Ltd.)
Winter 2021
Powder Metallurgy Review
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