The BRICS Foundry Forum 2015 in Nizhny Novgorod, Russia, was a perfect opportunity to explore the current economic situation in Russia and get an impression about the huge potential they have there.
The hosts from Russian Asssociation of Foundrymen with president Prof. Ivan Dibrov provided an interesting program that included highlights of the Volga Region of Nizhny Novgorod, work visits to leading plants of the region and an intense exchange of information among the BRICS Foundry Forum members, suppliers and exhibitors.
Nizhny Novgorod, as a leading region for the production railway components, wheels, special steel parts, and automotive and aerospace products, was the right place for Russian metalcasters and the delegates from BRICS Foundry Forum.
The BRICS Countries, who cover almost 60% of the world production of castings held its 5th conference to support its member countries to be more competitive and strengthen their position in the global economy.
During the forum, delegates signed the constitution for establishment of the interregional BRICS Foundry Association on Sept. 10. The governor of the Nizhny Novgorod Region, Valery Shantsev, and representatives of the Ministry of Economic Development and the Ministry of Industry of Niizhny Novgorod participated at the signing ceremony.
The establishment of the BRICS Foundry Association was initiated by the national foundry associations: Brazilian Foundry Association (ABIFA), Russian Association of Foundrymen (RAF), The Institute of Indian Foundrymen (IIF), China Foundry Association (CFA), and South African Institute of Foundrymen (SAIF), which have cooperated on annual Foundry Forums since 2011.
The BRICS Foundry Association is the project of multilateral, interregional, industrial cooperation and the first industrial association of BRICS countries.
The aim of the association is the consolidation of national foundry enterprises and organizations of BRICS countries for international industrial cooperation development and assisting to implement national development plans for providing BRICS economies sustainability as an integral part of the global economy.
Foundry production is a basic pillar of machine building and the machine tool industry: 30–50% of tools, machines, equipment, etc. consists of foundry products. At the same time, foundry enterprises are closely connected with metallurgy production and technology by providing foundries with metal raw materials.
Thus, the foundry industry is a vital technology chain in the production cluster “Metallurgy– Foundry–Machine building” which is considered as one of the key factors of national sustainable economy.
Click the links below to view presentations from the BRICS Forum: