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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. SAF is produced utilizing a process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Post by red_baronon Nov 24, 2011 4:19pm
389 Views
Post# 19265394

Mallorca Convention Center Production Restarts

Mallorca Convention Center Production Restarts

As posted on the Cymat website yesterday.........

Mallorca Convention Center Production Restarts.

Cymat Technologies Ltd. is pleased to announce that it has resumed production on the Mallorca Convention Center job as the result of the restart of exterior construction and cladding at the building site. This project, which features Alusion as the exterior façade for the convention centre, was valued at 2.2M and Alusion production began in late February of 2011. Unfortunately in mid-June the project was suspended due to funding shortages from the local government. At the time of suspension our Alusion cladding contract was about 50% complete.

While the Mallorca convention centre still has funding challenges, we understand that the decision to complete the outside structure, including cladding has now been made .As you can see by the attached link work is proceeding and significant progress had been completed. Visually the project is exciting and distinctive and it is rewarding to see it restarted and heading towards completion.

https://www.facebook.com/photo.php?fbid=257069197674228&set=a.257069181007563.57928.114281145286368&type=1&theater#!/photo.php?fbid=257069487674199&set=a.257069181007563.57928.114281145286368&type=1&permPage=1

Bullboard Posts