Dynetek Cylinders India Private Limited

Company Description

1991
Company is incorporated in Calgary Canada and R&D work begins on Advanced
LightDynetek Cylinders India Private Limitedight Fuel Storage Systems

1995-1999
Introduced DyneCell Fuel Storage Systems to the market called Type 3
Mitsubishi Corporation acquired a 15% interest in Dynetek
47,000 sq foot state of the art production facility built in Calgary, Canada

2000-2001
Public on the Toronto Stock Exchange (TSE: DNK)
Signed multiyear purchase and supply agreement with Ford Motor Company
Expanded the Calgary facility to 70,000 sq feet
Foundation of Dynetek Europe in Germany

2002 2006
Commissioned significant additional production capacity in Calgary & Germany
Supplied first major order of BT modules to Australia
Dynetek Valve Division: Certification and Production of 350 bar (5000 PSI) and
700 bar (10000 PSI) valves
Successfully supplied 10,000 psi fuel storage systems to automotive OEM like
Hyundai, Nissan, Ford and Daimler

2007
Implementation of a Corporate Quality Management System
Release for the implementation of a Operational Risk Management System

2010
Foundation of Dynetek India; Production starts Q2/ Q3 2011
Foundation of Dynetek Korea