ENDEAVOUR AWARD 2014 - Technofast takes the award for the most innovative product.
Technofast Industries took out the Innovative Australian Product of the Year award for its EziTite TR & CamNut Turbine Closure Systems.
Technofast’s CamNut System is the only alternative to current methodology which can be effectively used to tighten the typically massive bolts used in large Steam Turbines without either replacing the entire set of bolts at huge cost or extensively modifying bolts, casings, or both. The System is designed using unique features such as stacked hydraulic power cells to reduce tool diameters and a tapered breakaway coupling with a double-start thread for rapid engagement of the tensioning tool. These features are claimed in PCT Patent Applications lodged internationally to protect the technology.
The EziTite TR High Temperature Hydraulic Nut has a number of significant features which are also the subject of Patents and PCT Patent Applications. Technofast has developed a highly innovative metal seal which is unlike any other hydraulic sealing mechanism in existence. The unique action of the seal mechanism permits the EziTite TR fastener to be cycled many times without failure. Some months of in-house testing has confirmed an operational life in excess of one hundred cycles, which far exceeds any projected usage. There are few competitors attempting to use metal sealing technology, and none (including Technofast’s previous “HydraNut” product) can claim such an extensive cycle life. The EziTite TR also may be fitted with a Patented sacrificial ring which may be broken away to release the fastener in case of damage or unavailability of sufficient hydraulic pressure for dismounting.
In areas where there is a dependence upon low-cost electricity supply, it is imperative that utilities take every opportunity to improve plant availability of their most economical units and limit downtime. Use of Technofast’s products ensure that plant can be returned to production days ahead of schedule, and allow almost instant access in case of breakdowns, as components do not have to be completely cooled for disassembly.
ENDEAVOUR AWARD 2005 - Technofast takes the award for the most innovative product.
Technofast Industries took out the Innovative Australian Product of the Year award for its High Temperature Hydraulic Nuts (HTHN).
High temperature hydraulic nut technology has been successfully commercialised internationally by a number of industries with Technofast concentrating on the nuclear and gas turbine generating industries. The technology is said to be vastly superior in speed, accuracy and operator safety in relation to existing heat elongation methods of tensioning; what in the past could take days to accurately tension the company claims can be completed within hours.
Hydraulic tensioning has been used previously in industry because of its accuracy and efficiency; however the range of applications has been restricted because of the suitability of seal materials. According to the manufacturers, the HTHN’s metal seals have dramatically expanded the range of industrial applications for hydraulic tensioning.
HTHNs have been marketed to nuclear utilities in the US and elsewhere applications for the technology have been adopted by industries including mining, oil and gas, materials handling and process engineering.
FEN PROGRESS AWARDS WINNER 2005.
Pneumatics, Hydraulics, & Compressors - Awarded for the
HI-Temperature Hydraulic Nut
TELSTRA SMALL BUSINESS AWARD - MYOB Business Award (5 to 20 employees).
Technofast Industries Pty LtdTechnofast Industries designs and manufactures specialist bolting products and systems for various industries including power generation, offshore oil, gas, petrochemical, mining and steel. The patented bolting technologies and products have resulted in business agreements with manufacturers such as Westinghouse, Siemens and Mitsubishi and product distribution in Australia, Singapore, the USA, South Korea and Europe.
2004 GLOBAL PLATT’S ENERGY AWARD Award For Commercial Technology Of The Year.
The high temperature Hydraulic Nuts from Technofast Industries, was awarded the highest honour for Commercial Technology of the Year at McGraw-Hill’s Platt’s 2004 Global Energy Awards.
Judging experts are quoted to have said: “Combining true technical innovation with hard commercial worth is a tough trick to pull off. Technofast Industries has come up with the rare exception: a truly new piece of technology that everyone seems to want to buy.”
Maintenance in the Nuclear facilities is being revolutionised by the Hydraulic Nut and its Hi-Temperature Application.
Complex bolting procedures are being completed in hours instead of days saving millions of dollars in downtime, and dramatically reducing the exposure time of workers to ionising radiation.
Revolutionizing maintenance in nuclear facilities, permitting completion of complex bolting operations in hours rather than days, saving millions of dollars in downtime, and drastically cutting workers’ exposure to dangerous ionizing radiation.
The Hydraulic Nut is the state-of-the-art for critical bolting applications gaining wide acceptance in commercial nuclear facilities nationwide.