Entity

Time filter

Source Type

Saint-Sauveur-en-Rue, France

News Article
Site: http://www.materialstoday.com/news/

Bodycote has reported revenue of £299.8 million in the half year to 30 June 2015, a 4.0% decrease from the £312.3 million reported in the half year to 30 June 2014. ‘The group’s performance was resilient in the first half, with business improvements mitigating the sharp cutback in oil and gas activities,’ said Stephen Harris, group chief executive. ‘No upturn is anticipated in the second half in oil and gas and general industrial demand is expected to remain soft. However, the second half will benefit from the early results of restructuring and further progress in aerospace and automotive together with continued growth from the group’s specialist technologies. The goard is confident that management’s continued focus on business improvement will generate good returns throughout the cycle.’ The company experienced a very strong first quarter in the energy sector, driven by some large shipments from the hot isostatic pressing product fabrication (HIP PF) business, but the effect of the substantial slow-down in the oil and gas market was felt in the second quarter. This resulted in a significant decline in demand for heat treatment and surface technology services. The impact was lessened by robust subsea revenues in HIP PF and a stable situation in the industrial gas turbine and power generation markets. In total, revenue in the energy sectors was down 13.6% (at constant exchange rates) compared to the first six months of 2014. Revenues for the AGI business were £171.0 million in the first half of 2015, compared with £178.8 million in 2014, a decrease of 4.4%. Due to the marked economic decline in Brazil and any pickup in opportunities in oil and gas markets in the region looking quite distant, Bodycote decided to close business in Brazil with an exceptional charge of £11.0 million taken at the half year. In addition to the exit from Brazil, an additional £8.9 million restructuring charge was taken to reduce fixed costs and to rightsize operations elsewhere in the Group. The cash cost of all restructuring actions is expected to be £12 million. This story uses material from Bodycote, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.


News Article
Site: http://www.asminternational.org/news/industry;jsessionid=E0DE57F2BB9C9051EE13EEC74DEE0FE5?p_p_id=webcontentresults_WAR_webcontentsearchportlet_INSTANCE_bPy7zPdEmZHV&p_p_lifecycle=2&p_p_state=normal&p_p_mode=view&p_p_cacheability=cacheLevelPage&p

Bodycote, England, has produced an Interactive History of Metallurgy, a look back at the long history of metal processing and heat treatment. Containing over 200 high quality images and numerous videos, Bodycote pays homage to the artisans from thousands of years ago along with the scientists and inventors of more modern metallurgy and engineering. Starting in 8700BC with the world's oldest known copper artifacts, all the way through to the modern processes that Bodycote undertakes daily, the resource charts the development of metal working from the mystical and utilitarian requirements of early mankind, through to the scientific and technical breakthroughs of the 20th century. Bodycote, the leader in an industry that dates back thousands of years, developed the interactive resource to explore the evolution of metallurgy and heat treating and to acknowledge the collective work of scientists and engineers. Their hard work and discoveries have enhanced the properties of metals and alloys, making them deliver safer, more durable results for more and more applications. Visit the Interactive History of Metallurgy at http://www.bodycote.com/history-of-metal.


News Article
Site: http://www.asminternational.org/news/industry;jsessionid=E0DE57F2BB9C9051EE13EEC74DEE0FE5?p_p_id=webcontentresults_WAR_webcontentsearchportlet_INSTANCE_bPy7zPdEmZHV&p_p_lifecycle=2&p_p_state=normal&p_p_mode=view&p_p_cacheability=cacheLevelPage&p

Bodycote, Macclesfield, England, announces that it has acquired Nitrex Metal Technologies, which specializes in precision gas nitriding and ferritic nitrocarburizing in both batch and continuous processes. Nitrex potential-controlled gas nitriding and potential-controlled gas nitrocarburizing heat treatment technologies are applied in industries such as precision parts, automotive, aluminum extrusion, defense, gears, tool & die, plastics, machinery, and many others. Continuous gas nitriding and ferritic nitrocarburizing are unique in the industry and are particularly suited to high-volume automotive work. The addition of Nitrex Metal Technologies to the Bodycote Group broadens the range of thermal processing services that Bodycote offers. These services range from conventional atmosphere heat treatments such as batch IQ, vacuum, and induction, to more exotic specialty technologies such as LPC, BoroCote, and Corr-I-Dur. According to Dan McCurdy, President of Bodycote Automotive and General Industrial Heat Treating in North America and Asia, "Nitrex Metal Technologies is a great addition to the Bodycote Group. Along with the rest of Bodycote's existing service offerings, this acquisition really cements our position as the go-to expert source for all things nitriding."


News Article
Site: http://www.materialstoday.com/news/

Bodycote, one of the world’s largest thermal processing services providers, has launched an interactive website which details the history of history of metal processing and heat treatment. Containing over 200 images and numerous videos, the website pays homage to the artisans from thousands of years ago along with the scientists and inventors of more modern metallurgy and engineering by charting important and fascinating discoveries. Starting in 8700BC with the world’s oldest known copper artefacts, all the way through to the modern processes, the resource charts the development of metal working from the mystical and utilitarian requirements of early mankind through to the scientific and technical breakthroughs of the 20th century. Bodycote says that it developed the interactive resource to explore the evolution of metallurgy and heat treating and to acknowledge the collective work of scientists and engineers. The website can be found here. This story uses material from Bodycote, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.


News Article
Site: http://www.materialstoday.com/news/

Bodycote, the world’s largest heat treating services provider, reports that its facility in Ipswich, Massachusetts, USA has earned MedAccred accreditation. MedAccred, administered by Performance Review Institute (PRI), helps ensure critical manufacturing process quality throughout the medical device supply chain. It establishes consensus audit criteria that ensure compliance and quality. Adherence to the requirements leads to greater process discipline, operational efficiency and ongoing improvement which results in higher quality and performance. Bodycote’s plant in Ipswich offers heat treatment services to process and strengthen medical implants, surgical and dental tools, and other medical devices. This story uses material from Bodycote, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.

Discover hidden collaborations