Opendata, web and dolomites

MAGIT

Magnesium and Aluminium Gas Injection Technology for High Pressure Die Casting

Total Cost €

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EC-Contrib. €

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Partnership

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Project "MAGIT" data sheet

The following table provides information about the project.

Coordinator
TIK - TECHNOLOGIE IN KUNSTSTOFF GMBH 

Organization address
address: SIEMENSSTRASSE 21
city: TENINGEN
postcode: 79331
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Project website http://www.tik-center.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TIK - TECHNOLOGIE IN KUNSTSTOFF GMBH DE (TENINGEN) coordinator 50˙000.00

Map

 Project objective

TiK – Technologie in Kunststoff GmbH (TiK) was founded in 2004. The company is Europe-wide and especially in the automotive sector known as specialist for plastic injection moulding and the use of gas injection technology. In recent years, the company developed to one of the most innovative companies in product and process development for plastic components. The European automotive industry is faced with wide-ranging challenges in the common years. Especially electric mobility, lightweight design and intelligent use of materials is essential for current and future car development. In modern cars, many components are already produced in die casting, which is the most promising technology regarding cost-effective large-scale production. To extend the application possibilities of this technology, TiK developed a new and disrupting process, which enables the use of gas injection in aluminium or magnesium high pressure die casting and the production of components with hollow structures. Through this, significant cost savings can be achieved by the elimination of upstream and downstream manufacturing processes and weight can be reduced drastically by using lighter materials, but also new constructional possibilities for complex, hollow and thin-walled components with a load-adjusted design. By MAGIT, fluid-transporting components can be realized. These can be used for cooling of power electronics or temperature controlling of vehicle batteries. The new technology primarily addresses the European die casting industry for non-ferrous metals, which is a continuously growing market with an expect CAGR of 3.8% in the common years. Besides the gas injection system, which will be direct sold by TiK, further system- and customer-specific services will be offered by the company. By the innovative technology, TiK expects to generate additional cumulative turnover of 20 million € and an increase in staff headcount of 23 in 2023.

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The information about "MAGIT" are provided by the European Opendata Portal: CORDIS opendata.

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