TPT March 2010

I ndustry N ews

Newport firm’s pipe device scoops top UK awards

A HIGH-TECH Welsh company, which only started trading in 2007, has picked up two prestigious UK business awards. Abriox Ltd, based in Newport, South Wales, won the British Chambers of Commerce’s Most Promising Start-up Business Award, sponsored by BT, and the Award for Achievement in International Business for its innovative fuel pipeline monitoring equipment. The company took two years to develop its own unique ‘Merlin’ system, which monitors levels of protection from corrosion Abriox’s Paul Hales and Neil Summers with Nigel Mills from RBS Invoice Finance

on buried metal pipelines automatically, analysing and storing the data and transmitting it wirelessly to a central location. The system then identifies potential corrosion problems wherever and whenever they occur and alerts the operator immediately. Before Merlin, this kind of service could only be done manually in the field and was costly and time-consuming. Merlin is now used in the UK by gas distribution companies like National Grid and Wales & West Utilities as well as by petrol firms like Esso, BPA and Fina. The system has also been taken up widely in the US and the Middle East by crude oil firms. John Dunsmure, managing director of the British Chambers of Commerce said: “This is an innovative small company, and although it’s only been going for a couple of years, has already shown its big ambitions both in the UK and internationally. “In just two years of trading the company already has every major UK gas distribution company as its

customer. The fact that it picked up two national awards speaks for itself.” Abriox founders spent two years developing their unique product, funded by development grants from WAG’s SMARTCymru R & D programme, before they took it to market in 2007. Since then the business, which still only has eight employees, has improved profitability year-on-year and this year had an order book with more than £1.5m worth of deliveries in it, with a five-year objective to achieve a turnover of between £10m and £15m. MD Neil Summers said: “We are delighted to have been awarded these two impressive business accolades – especially as we are such a young company. Our vision for the future is simple: to produce more innovative products that will provide more important new techniques for the

pipeline industry.” Abriox Ltd – UK

Fax: +44 1633 816 849 Email: info@abriox.com Website: www.abriox.com

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www.galaxiecorp.com sales@galcorp.com

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M arch 2010

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