KTG 0.00% 14.5¢ k-tig limited

Ann: K-TIG to commence trading on the ASX, page-206

  1. 3,190 Posts.
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    This will be well over $1 once the market has woken up to it. Looks like the selling in the last few days is a combinations of IPO holders and CN holders taking some profit off the table and S3R holders selling to break even. Ether way it provides us with a tighter register going forward to attack $1 and above. KTG MC is $40MIL and TTT MC is $200MIL I also think KTG will surpass TTT. Good to see SRG who also backed TTT early are also backing KTG early. They must been thinking KTG has massive potential as well.




    According to Atilla Szabo, GE’s Principal Joining Engineer, “We’ve deployed K-TIG on 347 and 304L stainless steels, 625 and 718 inconels, hastelloy X, nimonic 263 and several super alloys. The process has produced exceptional, consistent and uniform results in all of these materials.”“This process will make fabrication more cost effective in developed economies such as the US. The 90+ percent reduction in welding time and gas consumption, the elimination of edge bevelling and the elimination – or near elimination - of wire consumables are of tremendous significance to fabricators and go straight to the bottom line,” said Szabo.
    K-TIG GE Case Study - flat spread
    With the introduction of K-TIG, Bilfinger’s welding time was reduced by 90%, from nearly nine hours to less than one hour. Dramatic savings in gas, power, consumables, preparation and labour were also achieved. Overall, K-TIG reduced Bilfinger’s costs by 92%.According to Brett Jago, Bilfinger’s Production Supervisor, “The K-TIG system has created a huge range of opportunities for us. It provides us with substantial cost savings across the board. We’ll be using it for everything in range. This is extremely significant new technology, and an enormous leap forward in productivity. We’re glad we got in early.”
    K-TIG Bilfinger Case Study - flat spread
    TITAN’s manual TIG process required a deep bevel, 4 manual weld passes, and extensive grinding. All this resulted in substantial preparation time and correspondingly high labour, gas and wire costs. Although TITAN maintained exceptional weld quality, multiple passes created opportunities for defects resulting in reworking.With K-TIG installed, Titan reduced welding time by 83% and preparation time by 66%, slashed costs by 69%, and reduced weld defects by as much as 42%.

    TITAN Case Study Results

    Welding Automation - Blogwinner 3
    The best thing that I’ve found using the K-TIG system is the speed. For example, while working in the construction industry I’ve had to weld up numerous 12mm or 1/2” plates. The amount of preparation, grinding and welding that goes into making sure each plate is properly welded is significant. Even if the plates arrive already bevelled and ready to go, the amount of welding passes, and back grinding (if required), makes it a long, hot tiresome job.With its keyhole technology, the K-TIG system can do most of this in a single weld, with hardly any preparation required. Being able to weld 12mm stainless steel at a rate of 1m every 4 minutes, this not only cuts down on welding time, which means less heat into the plate, but also saves time on the preparation and bevelling of the steel. And then, as the material gets thinner, your speed increases even further. We are currently welding 6mm wall thickness pipe at 500mm per minute, so a 10” pipe can be welded in under two minutes, all without bevelling or wire being added.



    Pressure Vessels – US$225.84 billion by 2024
    The K-TIG System is currently being used in pressure vessels, tanks, piping and nuclear storage containers.


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    (i) Pressure Vessels – US$225.84 billion by 2024
    (ii) Tanks – US$10.1 billion by 2023
    (iii) ISO Containers – US$2.6 billion by 2023
    (iv) Stainless Steel Welded Pipes – $20.9 billion by 2028
    (v) Nuclear Decommissioning – US$315.73 billion by 2027



    K-TIG’s customers include many of the world’s largest fabricators. K-TIG is entrusted by the nuclear and defence industries to deliver on projects that are both sensitive and mission critical.

    K-TIG has been exported to 18 countries and is being used in production by many of the world’s most productive fabricators in numerous industries from pressure vessels and tanks to power generation and nuclear applications.







 
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