Specialist manufacturer of steel castings up to 12,000 kgs Fabrications up to 30,000 kgs Bonds Hold Ltd BondsFoundry@Crook BondsFoundry@TowLaw • • • • • • BondsPrecision@Alston Darwins@Sheffield Manufacturing capability for single steel castings up to 12,000 kg Ability to fabricate 30,000 kg casting Quality, bespoke-engineered products to international standards Experience in the manufacture of 150+ grades of steel Competitive delivery times 240 employees and growing (excludes Darwins) Bonds Group Statistics Sales €m 25 20 15 10 5 0 2008 2009 2010 2011 2012 2013 2014 • Balance Sheet net worth €10 million • Low gearing with 17% debt ratio at 30/09/14 Export-led organisation • • • • Sell to >25 countries across the group 45% of sales direct export Trade executed in various currencies: £, $, € Recipient of Queen’s Award for international trade BondsFoundry@TowLaw – Chemically bonded sand system – 150+ grades of steel – Accreditations: • DNV ISO 9001 (combined with Crook) • Approval for Manufacture: Lloyds, DNV, ABS, GL, BV • Approval for supply to: Siemens, Alstom, Flowserve, Rolls Royce, Crane, Weir, Howden • Working in accordance with NORSOK M650 and ExxonMobil • 105 Employees BondsFoundry@Crook – £4m investment in new foundry with latest equipment and technology • New investment £860K in finishing, storage and fabrication – – – – Capable of producing castings from 50 kg to 2,500 kg DNV ISO 9001 certified (combined with Tow Law) Four furnaces ranging from 1T to 3T 10 acre site BondsPrecision@Alston – EcoShaw ceramic moulding method ideal for castings which need high definition, accuracy and integrity – Accreditations: – BS EN ISO 9001:2008 – NORSOK M-650 – ExxonMobil and Statoil approvals 90 Employees Bonds Acquire Darwins Darwins Castings • Foundry Type: Sand moulding, specialist, jobbing and high integrity • Size: £5 million turnover; 60 employees • Weights: 1kg – 3,000kg • Materials: carbon, stainless, duplex, super duplex, high alloy steels and nickel based alloys – all from the same pattern Darwins Castings - Products • Pump Sector: bowls, impellers, suction casings and diffusers • Valve Sector: bodies, bonnets, discs and covers Organisation – Bonds Group Organisation – Bonds Foundry (1) Organisation – Bonds Foundry (2) Material Expertise: 150+ grades of steel Material type Applications Carbon Steel General engineering applications and for use in specific oil and gas explorations and production. Upstream and downstream processes and both sour and sweet environments. Alloy Steel Providing high strength, low temperature impact properties and high temperature creep resistance. High Alloy Steel Imparting high strength for critical applications. Austenitic Stainless Steels A range of austenitic grades imparting resistance to a wide range of corrosive environments. Martensitic Stainless Steels A range of martensitic grades imparting resistance to cavitation at relatively high temperatures including steam turbines and excellent toughness especially at low temperatures. Duplex and Super Duplex Stainless Steels A range of duplex and super duplex stainless steel grades for high strength combined with corrosion resistance; particularly resistant to sulphide stress corrosion cracking and localised attack (pitting/crevice). Super Austenitic Stainless Steels Providing resistance to high corrosion environments in sea water, high chloride and extreme sour service applications and erosion corrosion. Nickel-based Super Alloys Imparting good mechanical strength and impact resistance. high resistance to creep at high temperatures. Excellent corrosion and oxidation resistance. Long history of supplying castings to marine industry • • For cruise and commercial ships we have made castings for stabiliser, steering equipment and stainless propeller bosses and associated equipment. We are also experienced in the manufacture of: stern tubes, stern bosses, stem bars , gudgeons and suction mouths for dredgers. 9T Stabilizer Crux in carbon steel [2T] King Pins in carbon steel ‘A’ and “I” Brackets to BAE Systems for the Royal Navy’s T45 Destroyers, RCB 2, Babcock & Royal Schelde on “grey” ships 4-year contract (plus 1 year extension) with UK Ministry of Defence for supply and refurbishment of anchors for the British Navy Recent Marine Castings RCB 2 ship 1 boss RCB 2 rudder bearing pattern Irish OPV - Stem Irish OPV – I and A frames Customers: 3D scan RCB 2 Pattern River Class Batch 2 (RCB 2) • BondsFoundry@TowLaw • Magma Simulation – Arm Casting River Class Batch 2 (RCB 2) • BondsFoundry@TowLaw • Magma Simulation – RCB 2 boss Development/ Strategy Bonds Group • Further investment at BondsFoundry@Crook – • • Fabrication and Pattern storage facilities at Crook • 5.5m product envelope • 30T capacity (T26 optimised) - complete • New pattern Store (s) on Crook site – under construction – Integrated inspection and finishing of all castings to Crook – Total Investment £840K Further investment at BondsFoundry@TowLaw – Crane and extraction upgrades –South Works – Integrated heat treatment facility including quench North Works – Total investment @ £1.5M Further Investment at BondsPrecision@Alston – Building for expansion improved layout and reduced costs • Total Investment @ £1.2M • Technical expertise and continuous investment in plant ensures integrity of castings • Dedicated project manager ensures on-time delivery and co-ordinated working with machinists • Commitment to invest in further project specific requirements: e.g grinding, scanning etc. • Acquisition of capacity Inspect CROOK FACILITY Construction Area Weld Melt Mould Cores Dress Shape New Fabrication Area Quality Culture • Manufacturing to an established ISO 9001:2008 system and in a transition to the 2015 standard, Bonds operate to the spirit of being quality conscious. • Quality management principles and new concepts have been detailed by our UKAS independent auditor. • Bonds recognise that the 2015 version of ISO 9001 is the most significant revision since the standard was first published in 1987. Quality Culture • Recognition that management responsibility becomes leadership. • Leadership and commitment shall be applied by top management. Reviews currently in place for the quality policy and quality objectives. • Strategic direction shall be commensurate with the systems objectives. • An intrinsic approach to quality shall be the culture. Quality Culture • The system drives continual improvement and develops leadership via management. • Bonds recognise that the top management are now explicitly required to maintain a focus on consistently providing products and services that conform to customer requirements. • Quality is not a one off activity. • Top management have established the quality policy, which will be implemented and maintained at the highest level. Improvements • Improvements in Quality are driven through continuous improvements methods using real time data. Bonds recognise that this is a new clause in 9001 (10.1). Bonds look ahead and use lessons learnt approach to meet future requirements. • Review of non conforming product and process innovation are led by both quality and production management. • Bonds use a ‘defectology’ format to review quality performance via Pareto analysis and statistics. • Quarterly reviews with the customer base are conducted as part of continuous improvement programmes. • Bonds engage with customers at the earliest stage to ensure the process is defined to deliver. • A lessons leant philosophy is used to review contract performance and where applicable CAPA applied to prevent reoccurrence / improvement. SQA (external provision). • Bonds take procurement seriously and use only approved suppliers via the QMS. • Key suppliers are identified. • Bonds work closely with the supply chain to ensure that products and services meet the high expectations of the business. • Emphasis on section 8.4 of ISO 9001 to address all forms of external provision. A risk based approach. Planning – actions to affect risk and opportunity. • Sub clause 6.1.1 of 2015 version of 9001 is a new and key requirement. • Planning involves process realisation through application of quality objectives, changes and resources. • Bonds apply quality tools such as ITP’s for process control linked to proven procedures and instructions. • Bonds acknowledge that risk should be measured through controlled planning procedures, however, we also focus on opportunity. Non conformance / dimensional example. • The following slides show the innovative techniques applied to the manufacture of port and starboard brackets using 3D scanning equipment. • Scanning of patterns, castings and the ‘material removal’ process enabled a planned approach to problem solving for dimensional accuracy. • The iterative process enables castings to be evaluated over a number of complex surfaces finding the best possible solution to achieve the required outputs. • Emphasis on corrective measures rather than preventive are commensurate with the new ISO standard where areas for opportunity and improvement are focussed upon. RCB 2 – In- Process Scanning to 3D model Ship 1 – Port and Starboard. Starboard after welding and Port prior to welding – agreed hold points. 32 RCB 2 – In- Process Scanning to 3D model Port prior to weld – details to machinist to compensate on inboard arm 33 RCB 2 – In- Process Scanning to 3D model Machinist finished machined bore and compensated for inboard arm on port bracket – agreed with BAE 34 RCB 2 – In- Process Scanning to 3D model Starboard at machinist 35 RCB 2 – In- Process Scanning to 3D model All arms and patterns scanned and checked against lay down in Crook Fabrication facility 36 TJM input – use scan data RCB 2 – In- Process Scanning to 3D model – Starboard Arm – no action 37 Visit our group website at: www.bondsfoundry.com
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