TPi April 2010

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newsbusiness & market
16 Tube Products International April 2010
Polysoude has posted financial results
showing a rise from €12mn in 2000 to
over €33mn in 2009, and states that
its success is the result of continuous
forward planning, which can be broken
down into a number of key factors.
The company has developed
generators and welding heads
since 1960, together with the
software enabling it to be at the
cutting edge of technology. Its
innovative equipment combines
performance and ergonomics.
Another success factor is its
international outlook, with 50%
in Europe and 85% exported
globally. In recent years,
emerging countries/regions
such as China, India and the
countries of Eastern Europe
(including Russia, the Czech Republic
and Poland) have played an increasingly
decisive part. In these regions Polysoude
has become established locally with its
own teams.
A major change is Polysoude’s focus
on mechanised welding with turnkey
equipment. Based on the development
of a range of generic and modular ‘tools’
(weld torches, motorised slides, wire
feeders, etc) combined with numerical
control for all applications, Polysoude
has become a key partner in many
Automated welding – forging ahead
Welding head type TS for tube to tubesheet joints
Welding of a distribution line for ultra pure
water in the pharmaceutical industry
industries, such as the construction
of nuclear and conventional power
stations. Particular attention is also given
to another specific feature: cladding by
mechanised welding technology, used in
many industrial sectors which are faced
with abrasion or oxidation which age
tubular structures and their components
exponentially when manufactured
without the use of this technology.
Polysoude SAS – France
Wolseley Plc has announced a number
of board changes:
Steve Webster is stepping down as
chief financial officer (CFO) and as an
executive director. He leaves Wolseley
following the completion of the £1
billion capital raising in April 2009 and
the disposal of Stock Building Supply,
which have significantly strengthened
the group’s financial position.
John Martin will join the company and
will succeed Steve Webster as CFO
and an executive director of Wolseley
Plc, following an effective handover
period. He joins Wolseley from Alchemy
Partners, where he has been a partner
since 2008. He was CFO at Travelex
Group between 2006 and 2008, and
prior to that spent six years at Hays Plc,
a specialist recruitment company, in
senior finance positions including three
years as CFO.
In order to focus on business unit
performance and accelerate decision
making in response to local market
conditions, there will no longer be a
role of chief executive officer (CEO)
of Europe. Therefore, Rob Marchbank,
the holder of this role, is leaving the
group and will cease to be an executive
director.
As a result of this action, the regional
managing directors in the principal
geographic regions in Europe, namely
the UK, France and Nordic regions, will
now report to Ian Meakins, group CEO.
Steen Weirsoe, managing director of the
Nordic Region, and Philippe Gardies,
managing director of France, will also
join the group executive committee.
Arecruitmentprocessforanewmanaging
director of the UK is underway. During
the transition period Ian Meakins will
assume overall operational responsibility
for the UK.
Wolseley UK
Wolseley announces board changes Interpipe
supplies pipes
for oil terminal
Interpipe, Ukraine, has announced
that it has supplied pipes for the
building of an oil terminal in the port
of Antwerp, Belgium. The volume
of pipes supplied amounts to 2,000
tons.
The pipes have been produced
according to the client’s specific
requirements, which included a
bead-blasting treatment of pipes
for surface condition SA 2.5 and a
corrosion-resistant epoxy coating.
The new oil terminal will be used
for the transfer and storage of
mineral oil and oil-loading fleet
replenishment tankers.
Interpipe – Ukraine