OREANDA-NEWS.   Kalashnikov Concern, part of the state corporation Rostec, is purchasing 51% of shares in the Synthesis-PD group of companies, the only Russian manufacturer of metal products with MIM-technology that uses raw domestic products.

The transaction, which will be financed by the concern and with loans, will cost more than RUB 250 million. The deal is expected to be completed by the end of June 2014.

“Partnering with Synthesis-PD is an important step in the modernization of the entire enterprise’s production. Currently, 90% of parts are produced and refined manually, using old technologies that require significant time and effort. Thanks to the experience of Synthesis-PD, we will be able to cut the time required to manufacture parts in half and reduce production costs by more than 40%, as well as improve quality and increase production rates,” said Kalashnikov Concern CEO Aleksey Krivoruchko, commenting on the deal.

Synthesis-PD specializes in the manufacture of metal products using MIM-technology (Metal Injection Molding). This technology uses a raw, balanced, granulated mixture of fine metal powders and a polymer binder, which is called feedstock.

MIM-technology can increase the weight of parts from 100 g to 400 g.

The new partner will allow Kalashnikov Concern to change its approach to designing new products. Current technology does not allow for sufficient sophisticated design details, which inhibits technological processes and makes it impossible to integrate the production of new engineering developments. Thanks to MIM-technology, the manufacturing of parts of any complexity will require less time and will have even greater precision in its execution.