Moody's downgrades Peugeot Citroen to junk status

Just one day after announcing a global strategic alliance with General Motors (GM), PSA Peugeot Citroën's credit rating was reduced to rubbish by Moody's on March 1st, from Baa3 to Ba1, and the outlook was negative.

According to the “Financial Times” report, CCFA data from the French Association of Automobile Manufacturers showed that in February, Peugeot’s light vehicle sales in the French home market decreased by 18% year-on-year. Among all large car companies, sales of Peugeot and Peugeot’s Opel have fallen the most, at 25% and 29% respectively.

Moody’s stated: “We have noticed that past mergers and acquisitions and alliances in the automotive industry generally did not produce the expected competitive advantages and results of improved performance.” Last month, Peugeot announced the increase in net debt of 2.2 billion euros in 2011, and was included in the observation by Moody's. List.

Oxide Ceramics Powder

Oxide powder for thermal spray refers to a type of powder material that is used in thermal spray processes. Thermal spray is a coating technique where a material in powder form is heated and propelled onto a substrate, forming a coating.

Oxide powders are commonly used in thermal spray applications due to their high melting points, excellent wear resistance, and thermal insulation properties. They can be used to create protective coatings on various surfaces, such as metals, ceramics, and plastics.

Some common types of oxide powders used in thermal spray include:

1. Aluminum oxide (Al2O3): This oxide powder is widely used for its high hardness, wear resistance, and thermal insulation properties. It is commonly used for coating applications in industries such as aerospace, automotive, and electronics.

2. Zirconium oxide (ZrO2): Zirconium oxide powder is known for its high melting point and excellent thermal barrier properties. It is often used in thermal spray coatings for gas turbine engine components, where thermal insulation is critical.

3. Chromium oxide (Cr2O3): Chromium oxide powder is used for its high hardness, corrosion resistance, and wear resistance. It is commonly used in applications where high temperature and abrasive wear resistance are required.

4. Titanium oxide (TiO2): Titanium oxide powder is known for its high refractive index and excellent UV resistance. It is often used in thermal spray coatings for optical and decorative applications.

These oxide powders can be applied using various thermal spray techniques, such as flame spraying, plasma spraying, or high-velocity oxy-fuel (HVOF) spraying. The choice of oxide powder and thermal spray technique depends on the specific application requirements and desired coating properties.

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