Japan’s base oil output fell by 3.4% in 2015, which is part of the continued shrinkage in demand for petroleum products by Asia’s third largest economy. The report shows that the company will continue to expand its third-class base oil in Korea and upgrade overseas factories and marketing channels. According to the Japan Energy Group, JX Holdings' third quarter financial report released this month shows that the company predicts that the Asian lubricants market will grow at a rate of 3% per year and that the total volume in 2020 will exceed 20 million tons. "The report shows that the company will continue to expand its third category of base oil in Korea and upgrade overseas factories and marketing channels." According to the latest third quarter 2015 financial report released by Idemitsu Kosan Co., the leading Japanese lubricants processor, the company’s overall sales of lubricants, including overseas sales, rose 6% to 742,409 tons. The company has been expanding overseas because the company’s goal is to increase overseas lubricant sales to 50% of the overall target sales, which is 1.1 million tons per year. In October last year, the company announced that its production of automotive and industrial lubricants plants in Tianjin Economic and Technological Development Zone has more than doubled, from 50,000 tons per year to 108,000 tons per year. Stamping is a manufacturing process that involves applying pressure to a material to deform it into a desired shape or size. There are various types of stamping processes utilized in the industry, each with its unique set of advantages and disadvantages. In this article, we will describe some of the most common types of stamping processes.
Overall, stamping is a versatile manufacturing process that plays a crucial role in the production of a wide range of metal parts and components. By understanding the different types of stamping processes, manufacturers can select the most suitable process for producing high-quality parts in an efficient and cost-effective manner.
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Blanking: Blankings are flat pieces of sheet metal that have been precisely cut and punched out from larger sheets of metal. Blanking is a process used to produce these flat pieces, and is ideal for producing large quantities of uniform, flat parts.
Coining: Coining is a stamping process used to create impressively flat and precise features - often used in creating coins or bearing seals.
Drawing: Drawing involves pulling a flat piece of metal through a die with a punch tool to form it into a three-dimensional shape. This process is commonly used in the creation of products such as automobile fenders, cans, and ship hulls.
Embossing: Embossing is the process of applying raised designs or patterns to a flat piece of metal by impressing the metal with a die. This process is popularly used in the production of decorations and signage.
Piercing: Piercing is the process of punching or drilling holes in a metal sheet. It is widely used in creating products such as luggage tags, name plates, and metal attachments.
Blanking and forming: Blanking and forming involve using a single die to create a part that has a variety of features, both flat and formed. It is a highly efficient process for creating complex parts.