Annual report 2009 - Siempelkamp

Magnesium treatment inside the pouring ladle
We completed the year with the receipt of the last installment for the Alcoa order for the manufacturing
of the forgings for the large press.
Positioning in the market
During the period of the economic crisis, the following has proven itself for the metal forming
business unit:
broad product range in the area of hot and cold forming
consistent market penetration of BRIC countries
focus on growth areas including aviation, power generation, and transport
consistent use of the in-house resources of the Siempelkamp Group including design,
calculations, engineering, casting production, machining, and installation
In 2009 we took important steps towards becoming an integrated systems provider. An example is the
supply of a complete forging line. In addition to the press, we delivered the integrated manipulator
control system. Furthermore, we were able to place our equipment in complex process chains. For
the entire titanium production process, from the mine to the drive unit components, from the
compacting press, to the open-die forging press, to the closed-die forging press, Siempelkamp
equipment is used. This is only possible because Siempelkamp knows the production processes
inside and out.
With our innovative strength, we can offer technically sophisticated machines and plants to our
markets. These products come with characteristics which provide customers with special benefi ts:
precision: For side member presses the parallelism between press table and crossbeam can
be controlled within a tolerance of 1 mm over a length of 12 m
press capacity: construction of presses with a capacity of up to 72,000 t (79,366 US tons) and
extremely high eccentric loads; cycle times for the production of large parts is
under 17 seconds
reliability: for new installations is 98%
ramp-up times: from start-up to full production under six weeks
Outlook
At the end of 2009 we noticed an active demand from the markets. This demand will grow stronger
and expand in 2010. We will continue our successful market penetration strategy and focus on the
driving forces in different industrial sectors. Furthermore, we will continue to orientate our product
range to the system concept.
Casting technology
The casting technology business unit including the companies Siempelkamp Giesserei GmbH and
Siempelkamp Giesserei Service GmbH has become one of the leading global manufacturers for large
and heavy castings made of nodular cast iron. The foundry industry, including our company, was
also impacted by the worldwide economic crisis in 2009. A high order backlog due to a high total
order quantity in 2008 ensured us a solid foundation for 2009.
Market development
The areas of energy industry and mill building have been relatively stable. The production of containers
for the nuclear industry, which we built in cooperation with our subsidiary Siempelkamp Nukleartechnik
GmbH, remained at a high level in 2009. The number of orders we received from the area of
wind energy was also satisfying.
Other sectors, however, were massively impacted by the economic crisis, for example the building
and automobile industries. For this reason, we were not able to achieve the projected production
level for cast parts in 2009. In the second half of 2009, we were forced to reduce the hours worked
by 20% in some areas of our casting technology business unit.