Periodic Reporting for period 1 - MPDCA (innovative hot chamber Medium Pressure Die Casting process for Aluminium)
Reporting period: 2018-04-01 to 2018-08-31
If the hot chamber process could be used for aluminium, the quality of the components would be higher and their cost significantly lower. A lot of energy would be saved too.
#MPDCA project is aimed to put in the market a disruptive technology based in the development of a new injection pump that enables the fabrication of hot-chamber machines for aluminium die casting.
MPDCA will be the only system in the market for hot-chamber die-casting of aluminium. It enables for better quality, lower operation costs and less energy consumption. The business opportunity is clear because the demand of aluminium die-cast strongly rising, mainly driven by automotive industry. The target market are the die-casters that supply to automotive and transport sectors and also the OEMs (as prescribers). We have analysed the competitors and the potential partners, as well as the IP protection (the technology is patented).
From the financial point of view, we have considered the risks and market barriers and made a SWOT analysis. The revenues will come from new machines, retrofitting of old machines (cold-chamber) and licensing of technology. The expected ROI after 5 years is 4.4 and the new staff recruitment >200
The new process enables to use smaller installations and to produce better components at lower cost. The energy consumption will drop more than 25%. It will be possible to retrofit the present installations to adapt them to the new technology.
The creation of a bigger consortium to take this technology to the market is being considered.