Numanova

13Dec 2018

Numanova, an Italeaf Group company specialised in the production of metal powders used as raw materials in additive manufacturing (or 3D printing), announces the start of its industrial activity at its production plant in Nera Montoro (Narni, Italy). In fact, the first order for the production of grade 23 titanium powders for special applications in the aeronautical and space sectors and for 3D printing is currently being completed and will be delivered to a specialised trader for final marketing. This is an innovative production that uses Argon in fusion for gas-atomisation, as an inert process gas for the production and processing of the highest quality metal powders.

With the first fully operational castings made in the Nera Montoro plant, the EIGA (Electrode Induction-melting Inert Gas Atomization) plant comes into operation. This plant allows an advanced process for the production of metal powders from titanium alloys, aluminium, refractory materials, ceramics and precious alloys for special applications and Additive Manufacturing.

Numanova has the most advanced and robust gas-atomisation technology for the production of metallic powders available today on the international market, based (when fully operational) on 2 plants with installed productivity up to 800t/year.

The process consists of atomising a controlled flow of molten metal into very fine droplets by means of a high-pressure Argon jet. As they solidify, the droplets form a highly spherical micrometric powder. Starting from these powder alloys, after a careful and rigorous process of screening, certification and qualification of its product, Numanova is able to provide the market with a wide range of metal powders for the additive manufacture of parts with complex geometries equipped with new functions (for example, for the manufacture of prostheses in the biomedical sector, turbine components in the aeronautical and energy sectors, in the luxury industry).

PRESS RELEASE 13 DECEMBER 2018

30Jun 2017

Italeaf announces that, with reference to the transcation of capital increase to be offered to the shareholders according  to the articles 2438, 2439 e 2441 of the Civil Code, resolved by the General Shareholders’ Meeting of Numanova SpA 23 June 2017, the first tranche of n. 250,000 ordinary shares was issued at a price of 1 Euro, and was fully subscribed by Italeaf.

The new share capital of Numanova, following the subscription, amounts to Euro 3,250,000.

Numanova is a company active in the production of high quality metal powders from ferrous and not ferrous metal alloys for the additive manufacturing industry and the more advanced applications in areas such as aerospace, energy, mechanical, biomedical.

Numanova currently has 23 shareholders; the company’s shareholder structure is as follows: Italeaf S.p.A. 85.58%, Paolo Folgarait 6.19%, other shareholders 8.23%.

press-release_cos_num-2017-06-30en

23Jun 2017
  • The new Numanova share capital will be of up to Euro 5 million
  • The Capital Increase transaction will be used to support the industrial growth of the Company

The Shareholders’ Meeting of Numanova, part of the Italeaf group, which met in extraordinary session under the chairmanship of Stefano Neri, has unanimously resolved a share capital increase, divisible to be offered to the shareholders, pursuant to the articles 2438, 2439 e 2441 of the Italian Civil Code, of Euro 2 million, through the issue of new n. 2.000.000 shares without nominal value to be subscribed by 20 December 2017.

Upon the completion of the capital increase, that will be used to substain the growth of the productive activities of the company, Numanova will have a share capital of up to Euro 5 million.

Numanova is a company active in the production of high quality metal powders from ferrous and not ferrous metal alloys for the additive manufacturing industry and the more advanced applications in areas such as aerospace, energy, mechanical, biomedical.

Numanova currently has 23 shareholders; the company’s shareholder structure is as follows: Italeaf S.p.A. 85%, Paolo Folgarait 8.5%, other shareholders 6.5%.

press-release_cos_num-2017-06-23en

01Aug 2016
  • Signed two “EPC turnkey” contracts with Numanova SpA, a Italeaf’s subsidiary, for the plant engineering upgrading, the implementation of electrical connections, the electrical instrumentation and the commissioning of two gas-atomization plants for the production of metal powders for the additive manufacture
  • The two plants, known as EIGA and VIGA, which will be provided by ALD Vacuum Technologies, will be installed in the Numanova’ facility, in the industrial area of Nera Montoro (TR), and the work will be completed in the second half of 2017

 

TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, and Numanova, a company active in the production of high quality metal powders from ferrous and not ferrous metal alloys for the additive manufacturing industry and the more advanced applications in areas such as aerospace, energy, mechanical, biomedical, subscribed today two EPC contracts for the plant engineering upgrading, the connection to the technical networks, the technology selection and the installation of two gas-atomization plants for the production of metal powders for the additive manufacture.

The amount the order, which will be completed by TerniEnergia in the second half of 2017, amounted to overall Euro 6.5 million.

The two plants, known as EIGA (Electrode-Induction Melting Inert Gas Atomization) and VIGA (Vacuum-Induction Melting Inert Gas Atomization), already authorized by the local authorities, will be installed in the industrial area owned by Numanova of Nera Montoro (TR), with design work, supply and “turnkey” installation, including electrical connections, electrical instrumentation, commissioning and implementation of safety systems. The technology provider will be the ALD Vacuum Technologies, a German company leading in vacuum systems for casting, coating and heat treatment of metals, part of AMG Advanced Metallurgical Group N. V. Netherlands.

The transaction by TerniEnergia is configured as a “related party transaction”, since the operation carried out with its parent Italeaf SpA which, it is recalled, it holds an interest representing 45.06% of the share capital of TerniEnergia and exerts control over it pursuant to Article 2359, first paragraph, no. 2 of the Civil Code and Article 93 of the TUF. Therefore, Numanova is a related party to the Company pursuant to article 3, first paragraph, point (a) and the definition of related parties contained in Annex 1, paragraph 1, letter (a) (i) of the Consob Regulation no. 17221/2010.

The transaction is of ordinary nature, because it falls within the core business of TerniEnergia, and is configured as a relevant ordinary transaction concluded under conditions equivalent to those of the market, and falling within the categories of exclusion under Art. 13, paragraph 3, letter. c) of Consob Regulation no. 17221 of March 12, 2010, and pursuant to art. 8, paragraph 2, letter. c) of the Procedure for Transactions with Related Parties adopted by TerniEnergia. Anyway, the transaction was therefore approved by the Board of Directors of TerniEnergia on July 29, 2016, after acquiring the approval of the Committee for Transactions with Related Parties.

From the acquisition of the two contracts, TerniEnergia will have an increase in the revenues of the business line called “Technical Services”, active in the construction of industrial plants with the EPC formula. This transaction is consistent with the TerniEnergia aim and in line with the “Technical Services” sector growth target.

 

 

TerniEnergia, a company incorporated in September of 2005 and part of Italeaf Group, is the first Italian smart energy company and operates in renewable energy, energy efficiency, energy and waste management. TerniEnergia operates as system integrator, with a turn-key offer of industrial sized photovoltaic plants, on behalf of third parties and on its own, for the Power Generation business, also through joint venture companies with leading national players. TerniEnergia operates in the waste management sector, recovery of the material and energy, development and production of technologies. In particular, the Company is active in the recovery of tires out of use, in the treatment of biodegradable waste through the implementation of biodigesters, management of plant for the biological depuration; development and production of technological apparatus. Through TerniEnergia Gas & Power, the Group is active in the energy management, energy sales to energy intensive customers, software and services for energy management, administrative, financial and credit management. The Group is also active on the natural gas and liquefied natural gas (LNG) market, offering a range of services and activities in order to develop Client’s business and achieve a competitive advantage providing the best market conditions and creating a high added value. TerniEnergia operates in the development of energy efficient plants both through EPC scheme and FTT scheme (Financing Through Third Parties), pursuing the objectives of increasing energy production from renewable sources, of energy saving and reduction of emissions as set forth by environmental European policy. TerniEnergia is listed on STAR segment of Borsa Italiana S.p.A..

Press-release_TE-NUMANOVA-2016-08-01

20Jul 2016
  • The resolution of unique environmental license (AUA) n. 4/2016 released by the Municipality of Narni will enable the activities of production of metal powders for the additive manufacturing and special and advanced applications
  • At Nera Montoro (TR) eco-industrial park it will be installed two melting and gas atomization industrial plants of metal alloys
  • The new Numanova share capital amount to Euro 3 million. Italeaf has a corporate share of 85%.

Numanova, a company active in the production of high quality metal powders from ferrous and not ferrous metal alloys for the additive manufacturing industry and the more advanced applications in areas such as aerospace, energy, mechanical, biomedical, part of the Italeaf group, announces that, with the executive resolution by the Municipality of Narni (TR) n. 4/2016, was issued the “unique environmental license (AUA)” related to the emissions from the production plant of metal powders for the additive manufacturing and special and advanced applications, which will be installed at the industrial area of Nera Montoro (TR).

In particular, obtaining environmental authorization together with those of the Fire Prevention (CPI) by the Command of Terni Fire Department, Numanova is entitled to launch its investment program for the acquisition and installation of production facilities for metal powders with high quality obtained from ferrous metal and non ferrous alloys to be used in Additive Manufacturing (3D printing), Metal Injection Molding (MIM), Hot Isostatic Pressing (HIP), PTA, laser cladding for the most advanced industrial sectors such as aerospace, energy, automotive, mechanical, biomedical, luxury industry. The company will be equipped with the most advanced production technology of metal powders by atomization gas, vacuum induction casting ceramic-free. These technologies have a reduced environmental impact and high intrinsic safety levels.

For the development of the production plant it has been selected the eco-industrial area of Nera Montoro (TR), an ideal facility for industrial applications, with a broad portfolio of permits and authorizations, technical gas piping systems from a landline and already operational infrastructure as industrial and office building, energy, water, technical gases, logistics, warehouse.

In the Numanova factory will be installed 2 different type of plants:

  • EIGA (Electrode Induction-melting Inert Gas Atomization), advanced process for the production of metal powders from titanium and aluminum alloys, refractory materials, ceramics and precious metal alloys for special applications (eg. HIP, MIM) and Additive Manufacturing;
  • VIGA (Vacuum Induction-melting Inert Gas Atomization), advanced process for the production of ferrous metal powders and alloys of nickel, cobalt and zirconium for special applications (eg. HIP, MIM) and Additive Manufacturing.

Italeaf announces, finally, that the capital increase, divisible to be offered to the shareholders of Euro 0.65 million, through the issue of new n. 650,000 no par value shares, was fully subscribed to plan the growth of the productive activities of Numanova. Upon completion of the capital increase, Numanova has a share capital of Euro 3,000,000 fully subscribed. Numanova currently has 23 shareholders; the company’s shareholder structure is as follows: Italeaf S.p.A. 85%, other shareholders 15%.

Press-release_NUM-2016-07-20

18Feb 2016
  • The new Numanova share capital will amount to EUR 3 million. Removed the nominal value of the shares
  • Approved the amendment of the Statute and approved the adoption by the Company of the one-tier system of “corporate governance”
  • The board members are Stefano Neri (Chairman), Corrado Giancaspro (CEO), Paolo Folgarait (Executive Director and General Manager), Clelia Zunino and Vittorio Pellegrini (independent directors)

 

The Shareholders’ Meeting of Numanova, a company active in the production of high quality metal powders from ferrous and not ferrous metal alloys for the additive manufacturing industry and the more advanced applications in areas such as aerospace, energy, mechanical, biomedical, part of the Italeaf group, which met in extraordinary session under the chairmanship of Stefano Neri, has unanimously resolved to transform the company from limited liability company to a joint stock company.

At the same time, the Shareholders’ meeting approved the proposal to proceed to the elimination of the nominal value of the ordinary shares of the Company and to adopt the one-tier system of “corporate governance”, with consequent amendment of the Bylaws. The board of directors is composed by Stefano Neri, Chairman, Corrado Giancaspro, CEO, Paolo Folgarait, executive director and general manager, and Clelia Zunino and Vittorio Pellegrini, independent directors. Andrea Bellucci is the statutory auditor of the company.

The Extraordinary Shareholders’ Meeting finally approved a capital increase, divisible to be offered to the shareholders of Euro 0.65 million, through the issue of new n. 650,000 no par value shares to be signed by 31 July 2016, to plan the growth of the productive activities of Numanova.

Upon completion of the capital increase, Numanova will have a share capital of Euro 3,000,000 fully paid. Numanova currently has 17 shareholders; the company’s shareholder structure is as follows: Italeaf S.p.A. 85%, Paolo Folgarait 8.5%, other shareholders 6.5%.

Press-release_NUM-2016-02-18