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EME Accounts 31 December 2007 21 April 2008 Edgen Murray Europe has reported another record year for turnover and profits during 2007. The company, which is headquartered in Edinburgh, has a staff of 130 and is a global distributor of speciality steel pipes, long products, plates, fittings and valves for the energy infrastructure industries. Current overseas office locations include Dubai, Shanghai, Singapore and Perth, Australia with further office locations planned for the coming year.
Turnover for the year to 31st December 2007 was £179.8 million, a growth of 13.6 percent on the previous year, with pre-tax profits growing by 17.4 percent to £24.2 million.
Ken Cockburn, the company’s managing director said: “Edgen Murray Europe has significantly expanded their product offering and geographic reach since being acquired from the Murray group, in December 2005, by management and Jefferies Capital Partners”.
Cockburn added: “Our results over the years have been very impressive and are a tribute to the staff we employ throughout the Company”.
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New Edgen Murray Divisional Organisation Structure 18 January 2008
To better define and position our company for additional growth we will adopt a new divisional organizational structure and better define our corporate function and responsibilities.
Craig Kiefer has been named Executive Vice President and General Manager Edgen Murray Western Hemisphere. Mr. Kiefer will have full responsibility for the profitability, sales, marketing, operations, procurement, strategy, planning and leadership development for the division and will continue to report to me in his new capacity.
Dan Keaton has been named Chief Financial Officer, Edgen Murray Western Hemisphere. Dan will be responsible to Mr. Kiefer for the accounting, budgeting, and finance of the division. Additionally, he will report to David Laxton, Executive Vice President and Chief Financial Officer of Edgen Murray in matters related to consolidated reporting, new initiatives and execution of company wide financial and accounting policies. All current corporate accounting, credit, collections, and accounts payable personnel will become part of the Edgen Murray Western Hemisphere staff.
Ken Cockburn has been named Executive Vice President and Managing Director Edgen Murray Eastern Hemisphere. Mr. Cockburn has full responsibility for the profitability, sales, marketing, operations, procurement, strategy, planning and leadership development for the division and will continue to report to me.
David Kemp has been named Finance Director, Edgen Murray Eastern Hemisphere and will be responsible to Mr. Cockburn for the accounting, budgeting, and finance of the division. Additionally, he will report to David Laxton, Executive Vice President and Chief Financial Officer of Edgen Murray in matters related to consolidated reporting, new initiatives and execution of company wide financial and accounting policies.
David Laxton Executive Vice President and Chief Financial Officer Edgen Murray will continue to be responsible for all consolidated reporting, new initiatives, and execution of the company’s financial and accounting policies, treasury and external reporting functions. Mr. Laxton will continue to assist me in strategy and overall business development of Edgen Murray.
Glenn Marcel has joined the corporate staff of Edgen Murray as Vice President and General Counsel responsible to me for the coordination and execution of all legal affairs and regulatory compliance.
Jerry Daly has been named Sr. Vice President of Administration for Edgen Murray. Jerry’s responsibilities include human resource administration and coordination, facilities management, risk management, safety, security, travel, quality system coordination and environmental compliance.
Bob Gilleland, Sr. Vice President Global Supply Chain will continue his current responsibilities and is working closely with Mr. Kiefer to integrate procurement systems and inventory control responsibilities in the Western Hemisphere.
Alan Jones, Sr. Vice President and Chief Information Officer will continue to be responsible for all of Edgen Murray’s technology needs, information systems development and integration.
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Full ISO Certification 21 June 2007 Full ISO certification
In early 2007, our Singapore’s Management System was successfully audited and certified by DNV to the following levels:
• Quality Management System AS/NZS ISO 9001:2000
• Safety Management System AS/NZS 4801:2001 & OHSAS 18001:1999
• Environmental Management System AS/NZS ISO 14001:2004
This demonstrates our strong and absolute commitment to operate as per the stringent industry standards delivering quality products & services to its Clients while ensuring the safety of its employees and suppliers and the protection of environment.
This commitment has lead Edgen Murray Pte Ltd to become one of the leading project suppliers for onshore and offshore projects.
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Australian Office 12 June 2007 With the every increasing Engineering and Design base been established in Australia, Edgen Murray has opened a fully manned office in Perth, Western Australia.
The Perth office's expertise combines a world wide appreciation
of the steel market trends and can provide comment and assistance for Oil and Gas, Refinery, Petrochemical, Mining and infrastructure projects. In particular the office has been successful with assisting in projects looking at modular design out of South East Asia and Offshore Platform project work.
If you are looking for Australian Steels overseas or International Steels domestically our Perth office can assist.
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Australian Sections 12 June 2007 Edgen Murray will carry a full range of Australian dimension sections out of its Singapore facility in AS3678 Grade 350.
The grade will cater for projects looking for high strength Charpy Impacted steels with fully
traceable certification. Edgen Murray have taken the decision to support a 350 yield strength as we believe it will assist project with the possibility of designing around reduce weights. It can also be substituted for a Grade 300 material because of its superior mechanical properties.
Size range
Universal Beams 150UB14 through to 610UB125
Universal Columns 150UC37 through to 310UB158
Parallel Flange Channels PFC150 x 75 x 18 through to PFC380
x 100 x 55.
Lengths will be in 12.000mtrs.
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