Vesuvius plc - Company Profile
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Business Description
Vesuvius plc (Vesuvius) is a provider of metal flow engineering services and solutions. It develops, manufactures, and markets ceramic consumable products and systems for the steel and foundry casting industries. The company offers a range of specialized consumable ceramics, steel flow control products, advanced refractories, and foundry consumables and equipment.
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R&D Overview
R&D activities focus on artificial intelligence, robotics technologies, mechatronics, automation, and digitization to develop and offer new products and services. The company’s main focus area is on innovation in materials science, with the objective to continuously improve the performance of its consumables, and the development of mechatronics solutions to enable its customers to substitute operators to manipulate its consumables to improve their safety, reliability, cost and quality performance. The result of the company’s R&D efforts include Smart Tundish Spray Robot which is a safe and reliable user interface for usage in industries. It operates six R&D centers in the Americas, EMEA, and Asia-Pacific. In FY2022, the company spent GBP36million on R&D, which was 1.75% of its revenue, which increased 16.1% YoY.
Business Segments
Overview
Supplies consumable products, technical advice and application support to the foundry industry across the world, improving casting quality and foundry efficiency. Operates in the foundry sector under the brand name FOSECO. Serves both ferrous and non-ferrous foundries including large bespoke castings to high-volume automotive pieces. In FY2022 the segment's capital expenditure stood at GBP19 million, which decreased 5% YoY.
Performance
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Overview
Provides a range of products and services to control and regulate the flow of steel in the continuous casting process. Aggregates three business units: steel flow control, advanced refractories, and digital Services. Steel flow control: Offers consumable products which can withstand extreme temperature changes, whilst resisting liquid steel and slag corrosion. Products are used for continuous casting process to manufacture steel in a blast furnace or electric arc furnace to cast directly into blooms. Serves steel producers and other high-temperature industries Digital Services: Offers temperature sensors, oxygen, hydrogen and sublance probes, iron oxide and metal sampling for the steel, aluminium and foundry industries. Provide solutions to enhance the control and monitoring of the customers’ production processes Steel Advanced Refractories: Offers refractory materials for lining steel-making vessels such as blast furnaces, ladles, and tundishes, which are subject to extreme temperatures, corrosion, and abrasion Provides advanced installation technologies, computational fluid dynamics capabilities and laser systems for measuring refractory wear Serves steel producers and manufacturers of steel production equipment. In FY2022 the segment's capital expenditure stood at GBP85.0 million, which grew 80.9% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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