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Our purpose
We think beyond today to create the innovative solutions that will shape the future, delivering products and services that help our customers make their industrial processes safer, more efficient and more sustainable.
In turn, we provide our employees with a safe workplace where they are recognised, developed and properly rewarded, and aim to deliver sustainable, profitable growth to provide our shareholders with a superior return on their investment.
How we create value
Our business approach
We are...
Entrepreneurial, decentralised, a non-matrix organisation.
We operate...
A profitable, flexible, cash-generative model focused on sustainable growth.
Collaboration with our Steel and Foundry customers
We work in partnership with our customers to develop the products and solutions that improve their performance.
Supported by our strengths:
- Global presence
- Intellectual capital
- Robust balance sheet
- Global supply network
- CORE Values
- Skilled and motivated people
- Technological product design
- Global manufacturing presence
- Product application
- Customer knowledge
Our strengths
Values-led ways of working
We champion our values of Courage, Ownership, Respect and Energy, and our ethical approach to business conduct. We have more than 11,000 employees and more than 3,000 directly supervised contractors in our skilled and motivated workforce.
Strategically located manufacturing assets
Our global footprint of 55 production and sales sites on six continents places us in close proximity to our customers and is aligned with growth markets.
Intellectual capital
We have six R&D centres of excellence and dedicated R&D staff worldwide, generating innovative products and services.
Financial capital
We have a strong balance sheet and use the cash generated by our business to invest in innovation and technology, site expansion and automation, and acquisitions to generate further growth.
Global supply network
We work closely with a wide range of suppliers to establish reliable and well-developed sustainable supply chains to secure high-quality raw materials.
Making a difference
Technological product design
Our customer-facing marketing and technology teams understand our customers’ challenges through regular dialogue. Our network of talented scientists and technicians create differentiated products and solutions to address those challenges. This allows us to maintain our technology leadership.
Global manufacturing
Our manufacturing sites expertly make our products, which are often bespoke for each customer. We operate a regional manufacturing model, with products usually made on the same continent as the customer.
Product application
We provide on-site support for all our customers through the Marketing & Technology team. In addition, we have c. 3,000 employees operating within customer sites to apply our products, which is a common contract type in some regions.
Customer knowledge
Our customer intimacy and deep knowledge of their processes and requirements give our engineers an unparalleled ability to deliver on customer needs.
The value we create
Our shareholders
Our cash-generative and low capital intensity business provides returns to our shareholders and underpins sustainable growth.
£92.7m
returned through our share buyback programmes and dividend payments in 2025.
Our people
We encourage and reward high performance to create an environment where all can realise their individual potential.
£386m
paid to employees in wages and salaries in 2025.
Our customers
Our cutting-edge products and solutions deliver enhanced value for our customers.
20.5%
new product sales ratio in 2025.
Our environment
We are taking active steps to improve our environmental efficiency.
31.4%
pro forma reduction in Scope 1 and Scope 2 CO2e emission intensity per metric tonne of product packed for shipment (vs 2019)1.
Value for customers
Safety
Better working environments through reducing the number of interactions between manual operators and the steel-making process, and high reliability of safety-critical parts.
Quality
Optimised products driving higher-quality, higher value steel, and better castings.
Efficiency
More efficient production through improved yields, and cheaper casting and steel through reduction of input costs and improved operational efficiency.
Sustainability
Less energy usage and reduced wastage resulting in lower CO2 emissions in our customers’ processes.
1 Pro forma performance calculated as if dolime production had been operating normally in 2025. The actual reduction in Scope 1 and 2 CO₂e emission intensity in 2025 was 47.4%. See page 53 of the Annual Report 2025 for further information.