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linzhou steel corporation ( 林州钢铁 ) is a state-owned chinese enterprise established in 1969 .

it employs 5,122 workers and pensioners on the regular payroll and 2,995 workers on the job .

it produces about 400,000 tonnes of pig iron and 100,000 tonnes of cement a year .

though it is in anyang city , authorities in puyang , which was formed from part of anyang , administer its operations .

linzhou steel

but cai , deputy general manager of linzhou steel , told china daily the bidding was legal .
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have a definition for linzhou steel ? write it here to share it with the entire community .
but linzhou steel ' s deputy general manager cai xinjie said he had
never learned of the 550 yuan subsidy
.
the success of linzhou’s steel workers in blocking privatization could embolden workers in other industries , experts on chinese labor issues said on sunday .
a group responsible for the restructuring of linzhou iron and steel was reorganized under the leadership of sheng guomin , deputy secretary of puyang city cpc committee .
an anonymous linzhou steel staff member recalled officials as having said they
wouldn ' t be able to sleep without dealing with this issue properly
.
linzhou iron and steel , established in 1969 , has 5 , 122 workers and pensioners on the regular payroll and 2 , 995 workers on the job .
up to 400 workers and their relatives gathered saturday morning inside and outside the compound of the linzhou iron and steel to press for a suspension of the takeover .
liu junsheng , linzhou steel ' s board chairman and general manager , reportedly told an earlier inside meeting that
the more we ' re in the red , the more it benefits linzhou steel ' s restructuring , and the more it benefits our purchase ,
according to petition letters provided to china daily by workers .
the workers said all linzhou steel employees were forced to accept compensation of only 1 , 090 yuan for each year of service before signing a new contract with fengbao .
sheng said :
our work for the time being will be to extensively solicit workers ' opinions on restructuring and the future development path of linzhou iron and steel .
in halting the privatization of the linzhou mill , xinhua said , the province’s government and its communist party committee issued a decision that , “issues regarding the future of linzhou iron and steel co . ltd . and benefits of its workers should be decided by its workers’ congress . ”
issues regarding the future of linzhou iron and steel co . ltd . and benefits of its workers should be decided by its workers ' congress ,
says the decision .
before linzhou iron and steel resumes production , each worker will get a monthly living allowance of 550 yuan ( 81 u . s . dollars ) , according to the decision .
the puyang sasac evaluated linzhou steel ' s assets at about 320 million yuan . the workers insist that the enterprise is worth
at least 800 million yuan
. they see the sasac report , which valued a linzhou steel - affiliated cement factory with an annual produc - tion capacity of 100 , 000 tons at no more than 17 yuan , as a joke .
officials say linzhou steel ' s impending bankruptcy is a core rationale for restructuring . but a senior employee , who has worked at the factory for 39 years , said its management
deliberately screwed up
to le - gitimize linzhou steel ' s privatization , which workers see as a move to
sell them out
to fill the pockets of the rich and the powerful .
workers had tried unsuccessfully to halt the privatization by blocking the traffic twice since march . many workers also believe linzhou iron and steel is worth 330 million yuan , but was undervalued at the auction .
with the headline : bowing to protests , china halts sale of steel mill .
xinhua said that fengbao iron & steel had already paid 180 million yuan , or $ 26 . 5 million , of the 259 million yuan it bid at an auction to acquire linzhou steel . the 180 million yuan will be refunded , xinhua said , citing an unidentified local official .
on thursday , faced with a glut of steel - making capacity and many small steel companies vying to buy iron ore , beijing officials ordered a three - year moratorium on the construction of any new steel mills or the expansion of existing mills .
the newspaper china daily reported on saturday that the police had tried to break through the ranks of workers on friday in the latest incident , at the linzhou iron and steel company in the city of anyang .
but that was the end of it . we never heard anything from them since ,
the staffer said . wang , also former chief of linzhou steel ' s restructuring team , was fired after the protest .
the decision was taken by the provincial committee of the communist party of china ( cpc ) and the provincial government in an attempt to calm workers at the linzhou iron and steel co . ltd . , based in anyang city , who protested a planned takeover by fengbao iron and steel co . ltd . .
sheng guomin , chief of the restructuring working group , said sunday ,
our work for the time being will be to extensively solicit workers ' opinions on restructuring and the future development path of linzhou iron and steel .
xinhua said that the fengbao iron and steel company had already paid $ 26 . 5 million of the $ 38 . 1 million it bid at an auction to acquire linzhou steel , which has 2 , 995 workers . the $ 26 . 5 million will be refunded , xinhua said , citing an unidentified local official .
yet many older , less efficient steel mills are deeply troubled . founded in 1969 , the linzhou mill has not been operating since march because its sales fell , it ran short of cash and it failed to meet environmental standards .
yet many older , less efficient steel mills are deeply troubled . the linzhou mill is 40 years old and has not been operating since march because its sales fell , it ran short of cash and it failed to meet environmental standards .
henan ' s vice party chief chen quanguo and deputy governor shi jichun , who arrived at the trouble - plagued linzhou iron and steel on friday , promised earlier next morning to suspend the takeover by fengbao iron & steel co . ltd and give each worker a monthly subsidy of 550 yuan ( us $ 80 ) until production resumes .
on saturday , the provincial mediation team met with representatives from linzhou steel and employees about the privatization . but the workers feel they were still left out of the decision - making process , and demanded future meetings be held with representatives of their own .
on july 24 , almost a year after local authorities decided to privatize the firm , linzhou steel was sold to fengbao for 258 . 9 million yuan , or about 64 million yuan less than the initial bid at auction , without the workers ' consent .
a working group responsible for the restructuring of linzhou iron and steel was reorganized under the leadership of sheng guomin , deputy secretary of puyang city cpc committee . the group was originally headed by a lesser official in charge of politics and law enforcement in puyang city .
in this weekend’s action , xinhua said that the henan provincial government and the province’s communist party committee issued a decision that “issues regarding the future of linzhou iron & steel co . ltd . and benefits of its workers should be decided by its workers’ congress . ”
they said fengbao , with only 1 , 500 available job positions , had a bad reputation for unpaid wages and lack of work insurance . they insisted that fengbao is just an empty shell and has no right to buy a healthy organization such as linzhou steel .
local , provincial and national government agencies have been reluctant to use overwhelming force against protesting workers . china daily newspaper reported saturday that police had tried to break through the ranks of workers friday in the latest incident , at linzhou iron & steel in anyang city , in henan .
set up in 1969 , linzhou steel has 5 , 122 workers and pensioners on the regular payroll and 2 , 995 workers on the job . the plant is in anyang , but au - thorities in puyang , which was formed from part of anyang , administer its operations .
copyright @ 2012 - 2013 linzhou fengbao pipe co . , ltd . all rights reserved . address : hexi village , yaocun town , linzhou , henan province sales tele : ( + 86 - 372 ) 6500505 after service tele : ( + 86 - 372 ) 6500771 fax : ( + 86 - 372 ) 6500799 email : fbpipe @ urltoken
it ' s a classic model of how state - owned assets are lost in corporate restructuring efforts in china . all 40 years of linzhou steel ' s assets are now in the hands of a single person ,
said the worker , who refused to give his full name .
faced with a glut of steelmaking capacity and many small steel companies vying to buy iron ore , beijing officials on thursday ordered a three - year moratorium on the construction of any new steel mills or the expansion of existing ones .
shang xinkai , a worker in her 20th year at linzhou steel , told china daily that privatization , or
corporate restructuring
in official terms , should aim for the healthier development of the enterprise , not
selling state - owned assets off to private hands and sending workers home like trash
.
hong kong — a chinese provincial government on sunday halted the privatization of a state - owned steel mill where thousands of workers protested last week and took an official hostage , in the latest sign of increasing labor activism in the country’s steel industry .
the success of steel workers in blocking privatization could embolden workers in other industries , experts on chinese labor issues said sunday .
the global economic downturn has severely hurt the steel industry , which may be feeding labor unrest in the sector . chinese steel exports were down 15 . 4 percent in the first half of this year . the chinese government is also locked in a series of disputes with australia over iron ore imports for steel production , the most notable of which led to the arrest of four rio tinto executives on accusations of bribery and trade secret infringement during price negotiations with chinese steel makers . rio tinto has strongly denied any wrongdoing .
the apparent capitulation of the government of henan province in central china came three weeks after rioting workers beat to death the executive overseeing the sale to a private business of another state - owned steel company , tonghua iron & steel works , in the northeastern province of jilin .
the protests , in henan province in central china , were the latest sign of increasing labor activism in china’s steel industry , the world’s largest and a cornerstone of china’s construction - dependent economy . three weeks earlier , rioting workers beat to death an executive who had been overseeing the sale of another state - owned steel company , tonghua iron and steel , in northeast china’s jilin province , to a private business .
last month , some workers assaulted and killed an executive who was managing the acquisition of state - owned tonghua steel in jilin province in northeast china .
linzhou fengbao pipe industry co . , ltd . ( hereinafter refers to fengbao company ) is the pillar branch company of henan fengbao special steel co . , ltd . , but also the largest professional seamless pipe manufacturer in henan province with innovative and high technology . the company covers an area of 423 , 000 square meters , owns more than 900 employees , including more than 260 senior professionals and technicians . the company also manages provincial seamless pipe r & d center , with an annual output of 800 , 000 tons of various kinds of high - end seamless steel tube .
the chinese steel industry , the world’s largest and a cornerstone of the country’s construction - dependent economy , is in turmoil this year , which may have fed labor unrest .
it was the second time in less than a month that protests by workers have stopped the privatization of a chinese steel plant , as the country tries to overhaul the sprawling industry .
authorities in central china ' s henan province sunday ordered an immediate halt to the takeover of a state - owned steel factory by a private company after mass protests by the factory workers .
hong kong — a chinese provincial government halted the privatization of a state - owned steel mill on sunday , apparently capitulating to thousands of workers who protested last week and took an official as hostage .
the global economic downturn has severely hurt the sector , with chinese steel exports down 15 . 4 percent in the first half of this year . in addition , the chinese government is locked in a series of disputes with australia over iron ore imports , and has arrested four rio tinto executives accused of bribery and trade secret infringement during price negotiations with chinese steel makers . rio tinto has strongly denied any wrongdoing .
anyang , henan : thousands of workers at a state - owned steel plant in anyang last sunday were still waiting for government promises to be delivered after a five - day protest against the takeover of their plant by a private firm .
but beijing has had less success in its efforts to force a consolidation of existing steel mills , a step that might strengthen their bargaining power with the handful of multinationals that dominate the global iron ore business . local and provincial government agencies have been wary of losing control of businesses that are often vital to their economies , and many workers are opposed .
fengbao company will be guided by scientific development concept to promote the technology progress , strengthen enterprise management and establish environment friendly , economy recycling enterprise , realizing comprehensive , balanced and sustainable development . referring to its development program , to the end of national “twelfth five - year plan” , fengbao company shall achieve annually production capacity of 2million tons of high - end seamless steel pipe including oil well pipe , casing pipe , structural pipe , high / middle - pressure boiler pipe , line pipe and mechanical processing pipe , etc , being the leading enterprise and domestically main production center and r & d center with product quality ranking the first ones of its industry .
fengbao , which bid 259 million yuan ( 38 . 1 million u . s . dollars ) for the plant at auction on july 24 , has already paid 180 million yuan . management were unavailable for comment sunday .
the decision also requires the resumption of normal production at the plant as soon as possible .
it reiterated that fengbao should not interfere in the company ' s internal affairs until all problems concerning restructuring were ironed out .
they also demanded higher redundancy compensation and the resolution of issues concerning unpaid wages during the restructuring .
the crowds dispersed after a government mediation team , comprising officials of the communist party and the government , promised to reconsider the takeover .
saturday ' s protest followed a mass demonstration that began on tuesday at the site and ended at 3 a . m . saturday , which involved up to 3 , 000 people .
it produces about 400 , 000 tonnes of pig iron and 100 , 000 tonnes of cement a year and is china ' s only production base of low - titanium iron . it stopped production due to a number of factors , including a shortage of cash , falling sales , and a failure to meet state environmental protection standards .
the plant is in anyang city , but authorities in puyang , which was formed from part of anyang , administer its operations .
restructuring of the plant along commercial lines began in august 2008 under the approval of the government of puyang and the factory suspended all operations in march , sending all employees home .
they also said fengbao had a bad reputation for unpaid wages and lack of work insurance .
an unidentified official from puyang city government has promised fengbao that the payment of 180 million yuan would be reimbursed in full before the end of the month .
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being well - equipped , the company’s overall technology ability and equipment level reaches the most advanced domestically . installed with new type diescher rolling units as leading equipment in china , phase - ⅰ φ273 mill obtains advantages of high precision from pipe rolling , wide range of specifications , uniform wall thickness , quality surface of pipe internal and external , etc . φ273 mill utilizes advanced technologies of centralized deformation on working roll , mandrel pre - rotation , etc . the ancillary facilities of high level online preheating treatment and production line of finishing work for various kinds of pipes ensure the stable product quality ; phase - ⅱ φ 159 mill adopts the german meer technology which is known as currently the most advanced world level three - roll retained - mandrel continuous rolling equipment ; inspection facilities of multifunctional ones for length , wall thickness , and diameter measuring and equipment for impact testing , tensile testing and metallographic analysis , etc . are well installed , also with eddy current flaw detector , ultrasonic flaw detector and other ndt testing equipment . successively fengbao company has passed certification of iso 9000 quality system , classification society , the american petroleum institute api , national special equipment manufacturing license , environment management system and occupational health management system etc .
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china daily did not say if the police had been successful . the official xinhua news agency said that the workers decided saturday to halt their protests , which had attracted up to 3 , 000 participants at a time , after a government mediation team agreed to reconsider the takeover . xinhua did not mention what became of the official who had been held hostage .
“it is no longer possible to push through privatization regardless , without considering the workers’ interests , ” said geoffrey crothall , a spokesman for the china labor bulletin , a labor rights advocacy group based in hong kong .
in a sign of high - level interest in the recent unrest , the government - sponsored all china federation of trade unions has posted a prominent series of commentaries at the top of its web page under the heading , “corporate restructuring : participation of the trade union is essential . ”
chinese law has long required that each privatization be approved by the workers’ congress of the affected company . but local government officials and company managers have frequently been able to rig the approval by running the congresses themselves , mr . crothall said .
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but the government has had less success in its efforts to force a consolidation of existing mills , which might strengthen their bargaining power with the handful of multinationals that dominate the global iron ore business . local and provincial government agencies have been wary of losing control of businesses that are often vital to their economies , and many workers are opposed to consolidation .
mary e . gallagher , the director of the center for chinese studies at the university of michigan in ann arbor , predicted that china would be able to continue privatizing state - owned enterprises in the years ahead , but that it would be costlier than during the big shift toward private ownership from 1997 to 2001 . at least 30 million workers at state - owned enterprises were laid off then , but local protests did not spread .
“i’m betting they can do it again , but that it will cost them with higher compensation packages to laid - off workers , ” she said .
a version of this article appears in print on august 17 , 2009 , in the international herald tribune .
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they also demanded higher compensation and the resolution of issues concerning unpaid wages during the restructuring .
after they reached a deal with provincial authorities , demonstrators released dong zhangyin , a deputy director of the local state - owned assets supervision and administration ( sasac ) , about 3 am on saturday , when the protest ended .
dong had been sent by puyang city to oversee the takeover and was held hostage by workers during the protest .
the company produces 400 , 000 tons of pig iron and 100 , 000 tons of cement a year , and has been china ' s only production base of low - titanium iron .
the workers insisted the july 24 bidding was
illegal
, which would cause severe losses of state - owned assets .
the law says any item that nobody bids for can be sold at no more than 20 percent lower than the initial bid ,
he said .
workers had tried unsuccessfully to halt the privatization by blocking traffic twice since march .
dong , the puyang sasac official who shang claimed to have treated during his days as a hostage , reportedly acknowledged that all eight state - owned enterprises he helped privatize in puyang went bankrupt .
puyang ' s deputy mayor , wang xiangling , and police chief ruan jinquan reportedly has promised the workers to take their concerns seriously .
the current representatives , they say , are cadres who
can no way
stand for their interests .
we must re - elect workers ' representatives ,
a senior staff said .
not one among us has ever agreed to privatize or sell off the enterprise .
introduction : carbon content : 4 . 0 % ; phosphorus content : 0 . 045 % ; sulfur content : 0 . 020 % ; silicon content : 1 . 25 % .
china daily did not say whether the police had been successful . government agencies at all levels have been reluctant to use overwhelming force against protesting workers .
the official xinhua news agency said that the workers had decided on saturday to halt their protests , which had attracted up to 3 , 000 participants at a time , after a government mediation team agreed to reconsider the takeover ; xinhua did not mention what became of the official who had been held hostage .
in a sign of high - level interest in the recent unrest , the government - sponsored all - china federation of trade unions has posted a prominent series of commentaries at the top of its chinese - language web site under the heading , “corporate restructuring : participation of the trade union is essential . ”
chinese law has long required that privatizations be approved by the affected company’s workers’ congress . but local government officials and company managers have frequently been able to rig the approval until now by running the congresses themselves , mr . crothall said .
“i’m betting they can do it again , but that it will cost them with higher compensation packages to laid - off workers , ” professor gallagher said .
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castolin eutectic was established in 1906 by jean-pierre wasserman in lausanne , switzerland .

he discovered a new method of low-temperature brazing of cast iron , which was a revolutionary process for the repair and wear-protection of metals .

during the last decades fluxes , brazing alloys as well as coating and welding equipment and consumables have been developed and the company is present with its own subsidiaries in over 100 countries on all five continents .

in 2005 , the messer group bought the entire stake of eutectic castolin .

castolin eutectic

castolin eutectic : furnace mineral products ( fmp ) , inc . joins castolin eutectic group
castolin eutectic ' s ceo , friedrich herold , currently has an approval rating of 71 % . castolin eutectic ' s primary competitors are
castolin eutectic provides welding , brazing and thermal spraying technology solutions for repair and wear protection of metal . castolin eutectic was founded in 1906 . castolin eutectic ' s headquarters is located in st - sulpice , other , ch 1025 . castolin e . . .
owler has collected 13 screenshots of castolin eutectic ' s website since jun 2014 . the latest castolin eutectic website design screenshot was captured in sep 2017 .
castolin eutectic provides welding , brazing and thermal spraying technology solutions for repair and wear protection of metal . castolin eutectic is headquartered in st - sulpice , other . friedrich herold is the ceo of castolin eutectic . castolin eutectic has acquired 1 companies , with the most recent being furnace mineral products inc . for an undisclosed amount on feb 2017 . castolin eutectic has 26 followers on owler .
a big step for laser coating worldwide : castolin eutectic acquires whertec , inc .
wearresist technologies is perceived as one of castolin eutectic ' s biggest rivals . wearresist technologies was founded in , } in null . compared to castolin eutectic , wearresist technologies generates $ less revenue .
castotubes® are castolin eutectic ' s response to the market request for erosion - resistant pipe sections and elbows .
on an expansion path for more production space , eutectic castolin china moved on 5th october into new . . .
castolin eutectic and tarek nasser al akeel company ( taco ) have entered into a joint venture concerni . . .
seco tools has been one of castolin eutectic ' s top competitors . seco tools is a private company that was founded in 1960 in fagersta , other . compared to castolin eutectic , seco tools has 4 , 607 more employees .
mec group , through its division castolin eutectic , announces the acquisition of whertec , inc . , a priv . . .
feb . 8 , 2017 - the castolin eutectic group , a division of the messer eutectic castolin gmbh holding with headquarters in bad soden , germany , has aquired furnace mineral products ( fmp ) , inc . a privately owned corporation based in toronto .
sales exceed one billion euros for the first time : messer group and messer eutectic castolin . expansion of activities in europe and asia
he castolin eutectic group ( lausanne , switzerland ) , a division of messer eutectic castolin gmbh holding ( bad soden , germany ) , recently announced the acquisition of privately owned furnace mineral products , inc . ( fmp ) ( toronto , ontario , canada ) .
one year later , under the direction of american financial investors carlyle , the company’s cutting and welding division merged with the swiss company castolin eutectic to form the messer eutectic castolin group – a new company with the messer family holding 36 per cent of the shares .
kennametal is seen as one of castolin eutectic ' s biggest rivals . kennametal is a public company that was founded in pittsburgh , pennsylvania in 1938 . kennametal is in the industrial machinery & equipment industry . kennametal has 9 , 811 more employees vs . castolin eutectic .
these are all the companies that castolin eutectic has acquired . castolin eutectic ' s latest acquisition was furnace mineral products inc . in feb 2017 . fmp focuses on developing , manufacturing and delivering surface protection solutions to power generation , oil , gas and chemical processing markets .
castolin eutectic has employees and is the second highest among it ' s top 10 competitors . the top 10 competitors average 1 , 488 .
castolin eutectic ' s revenue is the third highest among it ' s top 10 competitors . the top 10 competitors average $ 238 . 5m .
castolin eutectic is a worldwide leader of application solutions in maintenance , repair and wear protection . more than 100 years of experience in welding , brazing and thermal spraying technologies stand for professional and innovative solutions . castolin eutectic is your partner with industrial expertise in surface protection , repair and joining solutions .
castolin - eutectic is a worldwide leader of application solutions in maintenance , repair and wear protection . more than 100 years of experience in welding , brazing and thermal spraying technologies stand for professional and innovative solutions . castolin eutectic is your partner with industrial expertise in surface protection , repair and joining solutions .
how much do castolin eutectic employees make ? glassdoor has salaries , wages , tips , bonuses , and hourly pay based upon employee reports and estimates .
the expertise and technical resources of castolin eutectic are available throughout the world . this part of our website provides you with contact information for our entire organisation .
produkte und dienstleistungen zum schweißen , löten und thermischen beschichten . castolin eutectic hilft der industrie , verschleiß zu minimieren , stillstandszeiten zu vermeiden und wartungskosten zu reduzieren .
the castolin eutectic business unit is one of the world’s leading suppliers of products and services in maintenance , repair and wear protection for industrial facilities and factory equipment .
the know - how of eutectic engineers together with the reliability and versatility of its products enabled eutectic to become the predominant specialist brand in the americas and anglo - saxon countries .
“adding fmp to the castolin eutectic group compliments other recent acquisitions like whertec , inc . [ jacksonville , florida ] and monitor coatings [ north shields , united kingdom ] , to strengthen the group’s position as a leading global player in providing the broadest range of innovative protective coating solutions to the industry , ” castolin eutectic says in a news release .
new autoflam oh torch for water - fueled brazing machine castolin dyomix ohm 2 . 4
batimat 2017 paris : coup de coeur le poste de brasage castolin dyomix ohm 2 . 4
with a vast service and product range in the areas of welding , brazing and coating technologies , we have the solutions for all wear problems . your business will become stronger with castolin eutectic .
castolin eutectic invested in hvof booths , machining and arc - spray equipment to supplement the capabilities of its oiltec services facility in the dubai headquarters . the castolin services workshop in the jebel ali free zone is currently in process of being equipped with state - of - the - art capabilities :
for any other request and immediate assistance from our eutectic experts , please fill in the form below .
with a vast service and product range in the areas of welding , brazing and coating technologies , we have the solutions for all wear and fusion problems . your business will become stronger with castolin eutectic .
extensive castolin eutectic product range the castolin eutectic business unit is one of the world’s leading suppliers of products and services in maintenance , repair and wear protection for industrial facilities and factory equipment . our product range includes consumables and equipment for technologically sophisticated applications in the areas of welding , coating and brazing . in addition , we offer our industrial customers specially developed product packages for complex applications in their industry . our products and services are available via our subsidiaries in over 35 countries as well as through a worldwide dealer network . castolin eutectic employs 1 , 570 people worldwide with field staff comprising more than 530 highly qualified engineers and international application specialists .
extensive castolin eutectic product range the castolin eutectic business unit is one of the world’s leading suppliers of products and services in maintenance , repair and wear protection for industrial facilities and factory equipment . our product range includes consumables and equipment for technologically sophisticated applications in the areas of welding , coating and brazing . in addition , we offer our industrial customers specially developed product packages for complex applications in their segment . our products and services are available via our subsidiaries in over 35 countries as well as through a worldwide dealer network . castolin eutectic employs 1 , 590 people worldwide with field staff comprising more than 530 highly qualified engineers and international application specialists .
the following samples from castolin eutectic ' s exclusive range of welding , brazing and coating products illustrate a selection of maintenance , repair , joining and fabrication solutions . if your required product is not listed below , please contact us .
1949 - milan
castolin italiana s . r . l .
( salteco s . p . a . )
the castolin eutectic philosophy to conserve the earth ' s precious resources and give added value to old and worn parts is acknowledged worldwide . in our production facilities we have programs to reduce our environmental impact , and have just launched the greenbraz range of products that are cadmium and boric acid free . we were also one of the first welding companies to market exhaust equipment for welding . as a pioneer in this area , castolin eutectic has created the conservationist of the year award in 1973 .
1967 - recognising the importance of making technical know - how easily available to customers and the international technical community , rené wasserman created the castolin eutectic institute . a visionary initiative which has since trained many thousands of technicians from all over the world .
“both whertec’s and fmp’s application capabilities fit well to castolin eutectic’s 111 years of dedication to conserve the earth’s resources , enhance plant performance , and reduce maintenance costs through technology and a [ high ] quality and service level , ” the company adds .
the top 10 competitors in castolin eutectic ' s competitive set are seco tools , kennametal , wearresist technologies , kent automotive , walter , ingersoll rand , ceratizit , guhring , flsmidth and minmetals . together they have raised over 0 between their estimated 83 . 9k employees .
castolin - eutectic’s r & d is decentralised involving : france , ireland , italy , poland , austria , switzerland , usa , canada , japan , india and brazil . this modern r & d structure and progressive communication means that excellent researchers around the globe can be fully utilised .
the oiltec division of castolin eutectic , world experts in wear protection of drilling equipment and tools , presented key solutions to drilling contractors , service and production companies at the 12th moscow international exhibition “oil and gas” / “mioge 2013” . the event took place in moscow on 25 – 28 june 2013 .
castolin eutectic is a worldwide leader of application solutions in wear protection , maintenance and repair , with more than 100 years of experience in welding , brazing and thermal spraying technologies providing for professional and innovative solutions . with today’s increasing well depths and highly deviated trajectories , both casing and drill string are subjected to severe wear . otw hardbanding wires were developed by castolin eutectic with its experience in welding and wear protection to address the needs of the industry , while being focused on taking hardbanding to the next level in standard operations , extended reach , ttrd and managed pressure drilling applications . our wires are manufactured in - house with superior quality control by our dedicated experts .
foundation of castolin in lausanne , switzerland , by jean - pierre wasserman . his stroke of genius : to discover a way of brazing cast iron at low temperature - a revolutionary process for the protection and repair of metals that would have been impossible to join otherwise . castolin also developed fluxes , brazing alloys , and cast - iron repair techniques .
furnace mineral products ( fmp ) , inc . joins castolin eutectic group . privately owned corporation based in toronto , canada , fmp specializes in the research , development , manufacture and field application of innovative , inorganic - hybrid coatings . fmp enjoys a strong presence in the usa as well as more recently also succeeded entering markets in the middle east and asia .
these coatings have been used frequently by the power generation industry , but they are also applicable across a spectrum of industries where innovative wear or corrosion protection solutions are required , according to castolin officials .
fmp specializes in the research , development , manufacture and field application of innovative , inorganic - hybrid coatings . these coatings have found success primarily in the power generation industry but are also applicable across a spectrum of industries where innovative wear or corrosion protection solutions are required . fmp enjoys a strong presence in the usa as well as more recently also succeeded entering markets in the middle east and asia . adding fmp to the castolin eutectic group compliments other recent acquisitions like whertec inc . and monitor coatings , to strengthen the group’s position as a leading global player in providing the broadest range of innovative protective coating solutions to the industry . both whertec’s and fmp’s application capabilities fit well to castolin eutectic’s 111 years of dedication to conserve the earth’s resources , enhance plant performance and reduce maintenance costs through technology and an industry - leading quality and service level . urltoken
the following samples from eutectic ' s exclusive range of welding , brazing and coating products illustrate a selection of maintenance , repair , joining and fabrication solutions . if your required product is not listed below , please contact us .
part of messer world . on january 31 , 2005 , the messer family became the majority shareholder . we are extremely happy to be a family company again and messer is an ideal owner . if you take a look at the histories of the messer companies and of castolin eutectic , there are surprising similarities . both businesses were founded at the start of the 20th century and had nearly identical philosophies to grow through innovation , quality and partnership with customers .
since may 2004 , the former messer griesheim group has once again become an owner - managed industrial gases company operating under the name of messer group . finally , in early 2005 , stefan messer also bought out financial investor carlyle’s holding in the messer eutectic castolin group , thus restoring to family control what his grandfather adolf messer had founded more than a century earlier and what his father hans messer had built up after the second world war – a company with a global reach operating in the industrial gases and cutting & welding technology sectors .
castolin eutectic and the oiltec division experienced great success at the offshore technology conference 2013 in houston usa , an industry event attracting yearly more than 80 , 000 attendees from more than 100 countries worldwide . our booth visitors had the chance to test and experiment with our new line of otw hardbanding wires , which provide you with optimised performance for oil and gas drilling and keep cracks away , while staying casing - friendly . strongly focused on drilling , exploration , production and environmental protection , we are yearly present at otc , the world’s foremost event for the development of offshore resources .
rené wasserman , the founder ' s son , joined the company in the 1930´s . through his remarkable foresight and the use of
modern
sales techniques ( demos , application marketing ) , castolin started on its road to glory . seeing immense possibilities in the u . s .
the messer brand name stands for a constant presence in the markets for industrial gases and cutting and welding technology stretching back since 1889 . the messer group ( messer ) and the messer eutectic castolin group ( mec ) operate under the “part of the messer world” umbrella brand , signifying that they are part of the “messer world” group of companies . 73 per cent of shares in messer and mec are owned by stefan messer and other family members , while the remaining 27 per cent are held by the adolf messer foundation . the foundation , which promotes science and research , was established in 1978 in memory of adolf messer , who founded the messer company in frankfurt / main in 1898 .
geographical expansion by joint venture agreements in nigeria and saudi arabia . besides growing existing branches , plans for 2015 focused on the cement , steel and mining industries in saudi arabia . the goals of castolin west africa ltd in nigeria are to create strategic alliances with the country´s major oil and cement industrial players and to establish advanced on - site repair capabilities .
our service strategy is one of the focal points of the castolin eutectic group’s strategic development . across all our locations , we have continuously invested in expansion and in the range of technical services we offer . this was based to a considerable extent on our acquisitions : with monitor coatings , england ( 2013 ) , we made a move towards high - technology applications in the oil and shipbuilding industries . whertec , usa ( 2014 ) , provided us with additional technological expertise in the energy and waste management industries . we have transferred these technologies to new regions and expanded our infrastructure . in the 2016 financial year , this yielded the first significant successes . going forward , we will continue our efforts and seek to further boost the service segment’s importance to the company .
oiltec is a division of castolin eutectic , a long - established industry leader in wear protection . it is dedicated to providing a comprehensive offer to the oil and gas industry , be it for products , services - or both . oiltec thus provides welding , hardfacing , hardbanding and surface engineering consumables , equipment and services , together with cost - effective oem parts manufacturing . coating services include state - of - the - art high velocity coatings ( hvof ) , air plasma ( aps ) , vacuum plasma ( lpps ) , twin wire arc - spray capabilities , as well as world - class laser cladding services . headquartered in jebel ali free zone , dubai and incorporating the recently acquired monitor coatings group of companies , today oiltec is a global network of production and distribution centres present in : the middle east , africa , europe , russia , china , singapore , australia , canada , usa , mexico and south america .
messer group - manufacturer of industrial gases , welding gases , specialty gases , food gases , medical gases and provider of technologies for industrial gases . - urltoken
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in the production of day - to - day products , gases are as important as water and electricity .
as part of the society , messer committed to acting in a responsible manner .
the name messer has been associated with expertise in industrial gases for more than 100 years . messer group manufacture and supply oxygen , nitrogen , argon , carbon dioxide , hydrogen , helium , inert welding gases , special gases , gases for medicinal use and a wide variety of gas mixtures .
messer guided the children through the permanent company exhibition in small groups . the exhibition offers lots of scope for discovery and fascinating experiences .
here , we have compiled information especially for you . please just chose your field of competence !
from the production to the storage and about the use of gases in your business .
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weld smarter , weld 4 . 0 : new powermax with reduced weight & compact size
the future of maintenance in cement . man - free , wear - free , self - repairing ?
download our 2018 catalogue to get acquinted with our full range of products & main services .
what we do in a few words : repair and maintenance services , wearplate production , robotic welding , plant surveys , training and much more . . .
co - ni - cr - b - si alloy and tungsten carbide . 50 % tungsten carbides .
alloy nickel - based powder for anti - wear protective coatings on metals including steel , stainless steel , cast iron and nickel alloys .
gas - shielded metal cored wire developed for producing multi pass , anti - wear coatings on parts subject to abrasion and erosion by small particles .
gas - shielded metal cored wire developed for producing multi pass , crack - free coating of parts subject to wear by combined abrasion and impact with high pressures .
gas - shielded metal cored wire developed for multi pass , anti - wear coatings having excellent resistance to abrasion and moderate impact .
gas shielded , unique nanoalloy metal cored wire developed for anti - wear coatings extremely resistant to abrasion , erosion combined with minimal impact on carbon , low alloy , stainless and cast steel parts .
gas - shielded metal cored wire developed for welding difficult - to - weld steels , armour plate and manganese steel .
gas - shielded metal cored wire develped for producing anti - wear coating depositing steel alloyed with chromium , cobalt and molybdenum . excellent resistance to wear by metal - to - metal friction , mechanical properties stable up to 500°c .
gas - shielded metal cored wire developed for producing anti - wear coatings with high speed steel properties for fabrication or repair of damaged tools . increased resistance to shock , pressure , cracking and oxidation at high temperature .
the right welding wire at the right time . to combat sophisticated combined wear phenomena .
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we employ more than 1 , 500 people worldwide in over 100 countries . our motto is : quality , service and technical leadership = customer value added .
more than 700 application specialists care for you all over the world . their tasks : helping you to improve the lifetime of machinery and equipment , to save resources , and to provide solutions for your needs .
our company ' s international standing is founded on a long history of world leadership in its field , springing from the vision of the wasserman family in the early 20th century .
we are part of messer world and we regard people as our most important asset . get to know us and our sister companies better !
we believe in conserving the earth ` s precious resources . all our production is iso 9001 : 2008 certified .
we can literally be at 90 % of customers in europe within 2 hours . we manage warehouses and keep stocks adapted to local requirements in every european country .
launch of the conservationist of the year award recognising a company ' s commitment to the environment by utilising wear protective technologies . environmental responsibility has always been a cornerstone of our philosophy . long before it became fashionable , our company was promoting the concept of conserving natural resources by extending the life and increasing the efficiency of machinery and industrial equipment .
the wassermans sold the family company to private investors ( carlyle , messer and others ) – mec holding was created .
aquisition of monitor coatings , technology leader for surface engineering in extreme environments with facilities in the uk , singapore and china .
acquisition of whertec , a privately owned company with headquarters in jacksonville , florida . whertec has secured a leading position in the boiler coatings market covering the power , recycling , biomass , steel and pulp & paper industries .
all our production is iso 9001 : 2008 certified . to provide you with an outstanding quality of repairs we also collaborate closely with professional institutes as tüv and the welding association . in many workshops , welders are scc certified .
with more than 1 , 500 people worldwide in over 100 countries and more than 700 international application specialists in the field , we can provide unbeatable services all over the world . our applications experts can literally be at your plant in very short times , allowing us to give you unsurpassed services and support .
castodur diamond plate® lc8 is a thin steel plate coated with a highly wearresistant layer . the very high density of ultra - hard tungsten carbide phases homogeneously distributed into a nickel - based matrix offer an extreme resistance up to 10 times better than standard heat treated ( ht ) wearplates . consequently , similar or even superior life - times over traditional thick and heavy wearplates . castodur diamond plate® lc8 can be handled manually by operators . it is ideal where lifting devices cannot be installed , in particular inside restricted areas . due to it’s low temperature , focused beam , laser technology has proved to be extremely effective for protecting parts exposed to high wear . show less
trio norway : green laser energy for re - dimensioning of 6 ton part from hydro power plant .
more than 100 years of experience application solutions in maintenance , repair and wear protection .
this new smartphone app helps you choose the correct endotec welding wire depending on the wear phenomena your industrial parts suffer from : abrasion , erosion , impact , fatigue , heat or friction .
our goals through development & innovation are to bring new and innovative solutions to the market in order to respond to customer needs . the core development themes are : understanding wear , developing materials and optimal microstructures together with the latest processes .
owing to their daily contact with customers , our technical experts are focussed on solving practical problems .
as a result , during the last decades our researchers have developed numerous new alloys , equipment and processes , using the most modern technologies such as : nanoalloy® , patented boiler coating non - magnetic alloys , pta torches , terolink® applications software .
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in 2015 we achieved total sales of 534 million euros in the mec group , an increase of 2 . 6 per cent above the previous year .
for the mec group , 2015 was marked by heterogeneous economic trends in our key markets . while we
earnings in our traditional markets in europe as a result of economic as well as geopolitical factors . in particular ,
the chinese economy also had a negative influence on the utilisation of our local production capacities .
nevertheless , in 2015 we achieved total sales of 534 million euros in the mec group , an increase of 2 . 6
per cent above the previous year . thanks to continuous efforts to boost profitability and reduce costs , we once again generated a profit before taxes . we were able to conclude the 2015 financial year with a positive cash flow and considerably improve on the previous year .
structures and staff recruitment and development . we are pursuing our core strategies across many
to the future profitable growth of our group of companies . we are well placed across the mec group ,
sales and earnings trend the 2015 financial year saw a five per cent increase on the previous year’s high level of sales . we were also able to improve our ebitda by eleven per cent compared to the previous year . our service activities remain an important element of our core strategy . compared with the previous year , we were able to increase this service segment as a percentage of total business worldwide from 27 . 7 per cent in 2014 to 32 . 8 per cent in 2015 .
growth through service strategy as in previous years , we also made growth - orientated investments in this area in 2015 . we regard our strategic acquisitions in recent years as well as our development activities in complex technical applications as a way of strengthening the service segment and laying the foundation for further growth in our key strategic sectors such as the production of minerals , oil and gas , steel , energy generation , recycling and cement .
by setting up a joint venture in saudi arabia in which we have the majority of the shares and by expanding our production capacities for products and applications in the cement , steel and recycling sectors at our location in dubai / uae , we see a good basis to integrate the positive growth and earnings potential of this emerging region into our corporate strategy . also key to our future worldwide growth are further investments and developments in new technologies for the manufacture of coated protective plates , along with the expansion and equipping of our mobile service facilities for time - critical and complex maintenance work in the cement industry .
sales and earnings trend in 2016 , our sales were almost unchanged from the previous year’s figure . it is gratifying that we were able to significantly improve adjusted ebitda compared with the previous year . this increase can be largely attributed to the successful implementation of the structural and strategic projects begun in 2015 . at the end of 2015 , we announced the merger of our activities in france , which led to a marked reduction in operating costs in the region . in the africa and middle east region in particular , we managed to significantly expand our business activity , which among other things led to a marked improvement in the utilisation of our fixed costs . we have been consistent in investing heavily in the expansion of our service activities over the past few years .
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offers an entire range of thermal cutting solutions and specializes in autogenous welding as well as gas supply systems .
carlyle executives share their views and expertise on a range of investment , public policy and economic matters through podcasts , commentaries , policy papers , tv interviews , speeches and presentations .
we believe that being a good corporate citizen is good business practice and creates long - term value for our investors .
during the period of carlyle ' s ownership , mec group had a global presence in the market for high - value - added maintenance and repair related welding consumable products and was the leading manufacturer of metal cutting machines and equipment .
© 2018 carlyle investment management l . l . c . all rights reserved .
messer cutting systems is a supplier of pioneering technologies and services for the metal - working industry .
mmhch regards itself as a service provider which looks after patients in the home environment .
for inquiries related to this message please contact support . for sales inquiries , please visit urltoken
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alloy co - cr - w - ni - fe ( gr . 6 type ) . very good metal to metal friction properties , not prone to adhesion .
premium open arc wearfacing wire . for impact , high compression loading and combined abrasion .
small diameter flux - cored wire formulated to combat both grinding and gouging abrasion as well as light impact .
premium open arc , wearfacing wire . for combating the most extreme forms of abrasion
ni - b - si - fe a nickel base fusible alloy designed for sealing , cladding , filling and joining cast irons .
ni - b - si a nickel - base fusible alloy designed for sealing , cladding , filling and joining cast irons .
ni - b - si a slightly less hard nickel - base fusible alloy designed for sealing , cladding , filling and joining cast irons .
ni - b - si specially formulated nickel - base fusible alloy designed for optimized surface finishing .
ni - b - si a mid range hardness alloy with excellent puddle control and a good combination of wear resistant properties .
ni - b - si specially formulated nickel - base fusible alloy designed for coating preheated mold necks .
ni - b - si a unique mid range hardness alloy with exceptional wettability and point - to - point deposition control .
self fluxing nickel - base alloy , low energy input for the fusion and small to medium repairs .
self fluxing nickel - base alloy , low energy input for the fusion and fast deposition .
self fluxing nickel - base alloy with the addition of cr and mo , low energy input for the fusion and good wetting properties .
self fluxing nickel - base alloy with the addition of cr and mo , low energy input for fusion enhanced fluidity and fast deposition .
self fluxing nickel - base alloy with the addition of cr and mo , low energy input for fusion enhanced fluidity and fast .
ni - b - si a medium hardness alloy specifically developed to reduce overspray with improved fluidity and machinability .
ni - b - si a low hardness alloy specifically developed to reduce overspray with improved fluidity and machinability .
ni - b - si a soft to medium hardness alloy specifically developed to reduce overspray with improved fluidity and machinability .
ni - b - si an intermediate hardness alloy with a good combination of hardness and wear resistance coupled with good mchining properties .
ni - cr - b - si - fe alloy and tungsten carbide . a blend of nickel - base fusible alloy plus 50 % cast and crushed tungsten carbides .
24v kd2 can feed wires from 0 . 8 to 2 . 8mm with a 4 rolls system , that ensures an ideal precision .
fmp specializes in the research , development , manufacture , and field application of inorganic - hybrid coatings .
the company notes that fmp enjoys a strong presence in the united states , but adds that fmp also recently entered into markets in the middle east and asia .
materials performance 15835 park ten pl . , houston , tx 77084 tel : + 1 281 - 228 - 6200 © copyright 2017 materials performance magazine | privacy policy | terms of use
the driltec® stc coating system has been carefully designed to cover the needs for coatings on all components of the bottom hole assembly ( bha ) drilling tools . the high performance features of these coating systems will match customers ' expectations and assist to improve today ' s drilling technology . through use of carefully selected material and alloys , the wear performance has been maximized by combining an understanding of the wear and the choice of the right microstructure , combined with wc .
otw - 12 has been formulated to confer optimum hardbanding wear resistance in open hole drilling situations whilst retaining “casing friendly” properties . some of its specific performance enhancing properties are :
bei extremen umweltbedingungen müssen wir ran . man kennt uns als experten für verschleißschutz aber wir können noch viel mehr .
metalle schneiden mit plasma ? science fiction ist schon heute realität bei uns . und für die umwelt tun wir auch so einiges .
beim umgang mit gasen in der industrie , laboren und krankenhäusern kennen wir keinen spaß . sondern nur ihre sicherheit .
wir gestalten rahmenbedingungen , die technologische exzellenz sowie stabilität und kontinuität in unterschiedlichen märkten unter vielfältigen herausforderungen ermöglichen . im wettbewerb die nase vorn behalten – dafür formen wir konsequent „the best team for the job“ . wir denken und handeln langfristig .
) für messer cutting systems an und übernimmt interimsmäßig als geschäftsführer die messer cutting systems gmbh europa .
weltweit führend beim thermischen schneiden von stahl mit laser , plasma oder dem autogenverfahren . messer cutting systems ist partner der schiffsbau - , eisenbahn - und automobilindustrie , und im landwirtschaftlichen maschinenbau , der verteidigungs - und der umwelttechnik tätig .
präzisions - gasversorgungssysteme für alle ansprüche der industrie , labors und im gesundheitswesen . von reinstgasversorgungssystemen bis zu der sauerstoffversorgung in krankenhäusern , all das liefert spectron .
ist spezialisiert auf blut - und gewebeanalyse in den bereichen hämatologie , klinische chemie , immuntests , infektionsimmunologie , mikrobiologie und genetik .
als arbeitgeber bieten wir ausgezeichnete entwicklungs - und karrieremöglichkeiten im in - und ausland sowie stabilität und kontinuität . umgekehrt sind wir auf der suche nach engagierten und begeisterungsfähigen kolleginnen und kollegen mit einer gewissen hands - on - mentalität .
mitarbeiter , die herausforderungen lösungsorientiert und mit frischen ideen begegnen und die freude daran haben , verantwortung zu übernehmen , sind das fundament unseres erfolges .
academy haben wir ein mehrstufiges trainingsprogramm für unsere talente erstellt , in dem sowohl erfahrene führungskräfte unserer unternehmensgruppe als auch externe spezialisten ihr wissen und können strukturiert weitergeben .
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adolf messer founds frankfurter acetylen - gasgesellschaft messer & cie . in höchst for the manufacture of acetylene generators and lighting appliances
ernst wiss develops first hydrogen - oxygen cutting torch at griesheim - elektron . this is followed by equipment and machinery for oxyfuel welding and cutting
birth of messer griesheim gmbh under hans messer . merger of adolf messer gmbh with parts of knapsackgriesheim ag belonging to hoechst
in 2009 the messer group became 111 years old - and despite this was not a birthday with a zero at the end , we took the opportunity to offer our heartfelt thanks to our customers , partners and employees for their commitment and loyalty . also in 2010 messer was always active , e . g . by the start - up of six new air separation plants ! you can obtain an overview of the messer group’s exciting history by selecting the year that interests you in our history , or by reading the extracts of the book
100 per cent messer
.
adolf messer was born on 6 april 1878 in hofheim / taunus , the son of johann matthäus and margarethe messer . in 1898 , aged 20 and still a mechanical engineering student , he set up a small workshop , which quickly led to his first successes with the construction of acetylene generators and lighting appliances . even at this very early stage , messer was looking beyond the german market . in the first seven years following the founding of the company , approximately 300 installations were exported .
even though messer succeeded in continuously diversifying and modernising its product range , the company was not spared the effects of the great depression of 1929 – 1932 / 33 . the global economic collapse led to a dramatic crash in industrial production . sharply declining sales and job losses also characterised messer’s day - to - day business from the late 1920s onward .
with the still young hans messer at the helm of the company , who had succeeded his father , adolf , as managing director at the age of 28 , adolf messer gmbh shared in the economic boom of the 1950s .
messer’s growth in the early years of the federal republic was not , however , solely due to the business it conducted with the key industries of the “economic miracle” ( iron and steel and shipbuilding industries etc . ) , but also to the formation of numerous subsidiaries and joint ventures abroad . after the company’s growth hit internal limits in the early 1960s , adolf messer gmbh merged with parts of knapsack - griesheim ag , which was part of the hoechst ag group of companies , to form messer griesheim gmbh in 1965 .
the merger meant a certain loss of corporate power for the family , at least on paper , since the ownership structure of the company had fundamentally changed : 66 2 / 3 percent of the initial share capital of 30 million deutschmarks was now held by hoechst while 33 1 / 3 percent was held by the messer family through messer industrie gmbh .
although the merged company started life as part of a large corporate group , the family was able to secure its long - term influence on the history of messer griesheim through the basic agreement between hans messer and hoechst ag . as agreed beforehand between messer and karl winnacker , the permanent presence of the family on the executive committees was laid down . the executive board was to consist of “at least three , and no more than four people . the messer family is entitled to nominate one executive director , as long as its stake does not fall below ten percent , while hoechst is entitled to nominate two executive directors . ” it goes on to say : “each party will comply with the nomination of the other party for the appointment of the executive directors unless there is an important reason that stands in the way of a particular appointment . ”
hans messer was appointed as the first ceo , “if he himself wishes this” . moreover , both parties agreed to constitute a shareholders’ committee , “on which hoechst and the messer family will each have two members” and which “is supposed to be authorised to give instructions , in particular with regard to the executive board” . finally , the agreement in principle stipulated company policy decisions which require “a 75 % majority” . these included a “change in the purpose of the company” , the “taking out of larger loans” or the “appointment and dismissal of executive directors” . there were also various agreements within the family to ensure that the family’s influence on the operational business was not put at risk . for example , hans and ria messer decided to sign an agreement with their children which obligated every family member only to exercise their voting rights collectively in future . the agreement of june 29 , 1979 , which designated hans messer as the person with the deciding / casting vote / / sole voting member , was also supported by the family of erika heberer ( daughter of the company founder adolf messer ) as well as the adolf messer foundation . in short : despite a shareholding of “only” around 33 % , the family definitely exerted a 100 % influence on company policy .
in the second decade after its formation , it quickly became clear that messer griesheim gmbh had been successful in forming potential synergies which were now exploited to the full . in the wake of a general economic recovery phase lasting several years , there was continuous growth in worldwide sales after 1975 , passing the magic figure of one billion deutschmarks for the first time in 1978 , and reaching over dm 1 . 7bn , almost double what it had been ten years before , in 1984 , which was messer griesheim’s most successful financial year up to that point . the industrial gases business remained the real engine of growth , accounting for around 70 % of total turnover between 1975 and 1989 . the company particularly benefited from the fact that , in addition to its traditional customers in the steel , shipbuilding , automotive and chemical industries , it also succeeded in developing new applications for compressed and liquefied gases , gas mixtures and speciality gases thanks to intensive research work , leading to business partnerships in new growth sectors .
after the rusting away of the “iron curtain” in eastern europe , messer griesheim was also able to take advantage of the new opportunities opening up in the emerging markets of the former socialist countries , before an era in the history of messer griesheim came to an end in the spring of 1993 . after 40 years of service as ceo , hans messer retired from the company’s operational business at the age of 68 , in accordance with the agreement with hoechst ag . however , the company continued to benefit from his experience and expertise in different capacities as he served on the shareholders’ committee and the supervisory board until his death in 1997 .
following hans messer’s retirement from senior management , both the long - standing harmonious arrangement between messer industrie gmbh and hoechst ag and the family’s position in the company came under severe threat from several directions as the 1990s progressed .
in 1993 , hans messer passed the responsibility for running the company to herbert rudolf , a family outsider who had a good track record in managing messer’s usa subsidiary .
under herbert rudolf’s leadership , messer griesheim embarked on an aggressive course of globalization which was ultimately to end in failure . the numerous and , in some cases , highly speculative acquisitions and start - ups of foreign companies and subsidiaries led to a massive deficit which , just before the millennium , would provoke the dismissal of herbert rudolf and a sharp correction in the company’s overall policy . but that wasn’t all : following hans messer’s departure , practices that had long been regarded as fundamental in the development of the company were now called into question by the new man in charge . it was herbert rudolf’s clear intention to eradicate family influence on the running of the company altogether .
during the 1990s , the business policies of messer griesheim became closely linked to the strategic goals of the hoechst group . from 1994 onwards , hoechst’s prime focus was on their core businesses of pharmaceuticals , agrochemicals and industrial chemicals and they were now keen to divest themselves of their two - thirds majority share in messer griesheim . there followed many years of debate about the future ownership structure of the messer griesheim group and a remarkably passive attitude on the part of the hoechst board towards the spiralling messer deficit . early warnings emanating from the messer family about the imminent collapse of the company were brushed aside and herbert rudolf was given virtual carte blanche .
after the stock market flotation failed and the much touted sale to linde ag fell through at the last minute because of complications arising from anti - trust legislation , the hoechst / aventis shares in messer griesheim were finally transferred to the financial investment companies goldman sachs and allianz capital partners in april 2001 . they also took on two thirds of the net deficit which by spring 2001 had reached the not inconsiderable figure of 1 . 72 billion euros .
however , disputes within the family were also endangering the continued existence of the company . for example , thomas messer , the eldest son of hans messer , declined to take “any further responsibility for the maintenance and development of the family business” as he wished to chart his own future . in december 1996 , thomas messer resigned from messer industrie gmbh and gave away the greater part of his mig shares to the charitable adolf messer foundation .
when , in the second half of the 1990s , the fate of messer griesheim was hanging in the balance , stefan messer – second son of hans messer , who died in 1997 – made his view quite clear that the family should retain their long - term influence over the company . in 1999 , he purchased the messer cutting & welding subsidiary from messer griesheim gmbh on behalf of the family .
at messer griesheim , where control of the far bigger industrial gases side of the business still lay , the financial investors’ prime focus after 2000 was on restructuring and debt relief . messer griesheim divested itself of a number of its holdings , concentrated on certain core regions and successfully completed its “slimming down” process . when discussions about the future of messer resurfaced after autumn 2003 , one section of the family led by stefan messer resolved to take responsibility for the company back into their own hands ( much to the surprise of the financial investors ) . they withdrew from operations in germany , the usa and the uk and acquired the shares held by goldman sachs and allianz capital partners .
( 4 - traders . com ) the interim report is due to be released on 8 august around 8 . 00 noon cet and will be . . .
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