The advantages of becoming “Eurotherm by Schneider Electric” Glass Manufacturing Knowledge Series Written by Chris Ashworth and Klaus Lachmann Edited by Amber Watkin Executive summary Eurotherm are now part of Schneider Electric. This document explains the advantages of our brand becoming “Eurotherm by Schneider Electric” and the benefits Eurotherm bring to the Schneider Electric family in terms of the glass industry, as described by Chris Ashworth, VP & Managing Director, Eurotherm, and Klaus Lachmann, Mining, Minerals and Metals Solutions Marketing Director, Schneider Electric. 998-2095-10-15-14AR0 The advantages of becoming “Eurotherm by Schneider Electric” Introduction Q&A Following Schneider Electric’s purchase of Invensys Eurotherm early in 2014, senior management representatives discuss the change of ownership and benefits for the glass manufacturing industry. What were the main motivations for Schneider Electric to acquire Eurotherm? “Schneider Electric is the global specialist in energy management and efficiency technologies, along with an integrated product and solution portfolio, balanced global footprint and strong presence in new economies. The acquisition of Invensys in January 2014 enhanced Schneider Electric’s position as a solutions integrator, especially regarding automation in the process and power generation industries, providing Schneider Electric with good access to new markets in the Automation and Software sectors. We now have the broadest system portfolio in the industry to serve all the needs of our customer, from small-to-large DCS in discrete, hybrid or continuous processes, plus we are a leading software and operational efficiency provider. The large installed base and established brands, including Foxboro and Triconex significantly strengthens access to energy intensive industries, like Oil & Gas or Chemicals which, combined with Eurotherm expertise in the Glass industry provides Schneider Electric with a complete solutions offering for all these industries and a wider service base for its customers.” - Klaus Lachmann What does Eurotherm bring to Schneider Electric in general? Eurotherm’s glass industry Portfolio incudes Custom high temperature sensors Precision temperature control Recorders and historians PAC and PLC process controllers Advanced SCR power controllers “Since Eurotherm was founded in 1965, it has grown globally as a highly specialised supplier, domain expert and trusted advisor to regulated and energy intensive industries, holding a market leadership position in Temperature Control and Recording in our core markets. Our experience, gained over nearly 50 years, combined with our conti nued aggressive investment in R&D and innovation are key factors that will continue to benefit Schneider Electric and our Glass Industry customers. With 35 years of domain expertise in the Glass Industry and a global team, Eurotherm is the leading expert in the development of process control solutions for primary glass manufacturers throughout the world. Eurotherm is recognised by the Glass Industry as a “Trusted Advisor”, and with the acquisition by Schneider Electric and our combined synergies, we will work together to ensure that Schneider Electric are recognised as the same. Eurotherm’s comprehensive portfolio has proven its strength and many satisfied end users, system integrators and OEMs use our special custom made high temperature sensors, controllers, recorders and recorder/controllers. We are a specialised group within Schneider Electric with the agility and flexibility to act quickly to global customer demands and with our combined offerings, will ensure continued high customer satisfaction in the Glass Industry.” - Chris Ashworth How does Eurotherm now fit into the set-up and what are the main benefits to Eurotherm of being part of Schneider Electric? “Due to the nature of our specialised business, Eurotherm are part of the “Specialised Devices and Controls” Line of Business within the Industry segment. From here we will be taking advantage of Schneider Electric’s global reach, domain expertise, and portfolio Eurotherm Limited White Paper Revision 0 Page 2 The advantages of becoming “Eurotherm by Schneider Electric” synergies in order to enhance our offerings to industries of Eurotherm focus .” - Chris Ashworth What resources from Schneider Electric will Eurotherm benefit from? “Schneider Electric’s financial strength, their commitment to innovation and global presence. Additionally, their solid global team have a deep knowledge of Process Control, Transformer and Drive Technology allowing us to extend our R&D capabilities through combined expertise. Eurotherm and key team members within Schneider Electric are currently discussing high frequency drive technology for glass melting systems and boosting systems to enhance our offering. Eurotherm today are delivering power supply and control systems for boosting, as well as leveraging our key Glass System Integrators for the entire solution delivery.” - Chris Ashworth What does Schneider Electric specifically bring to the portfolio of Eurotherm in the glass sector? Schneider Electric’s Glass Portfolio includes Safety and Security Safety equipment and assessments “Schneider Electric owns leading positions in its businesses. In addition to our excellent position in discrete and process automation we are the number one in Low Voltage and Building Automation; Grid Automation and Medium Voltage; and Critical Power and Cooling, with numerous best-in-class products and solutions. In the glass sector we focus on four solution areas: Safety and Security, Sustainability, Operational efficiency and people effectiveness, and Value creation, which are a good fit and enhance Eurotherm’s offering.” - Klaus Lachmann Sustainability Energy consultancy, monitoring analytic and reporting Operational efficiency and people effectiveness Single supplier Smart grid technology Power distribution Value creation Asset Management Predictive maintenance What are the main benefits of the new set-up to Eurotherm’s existing and potential customers in the glass industry? “First, a more complete product and solution scope to address the glass manufacturing chain, from raw material preparation and furnace to packaging and shipping, and integrated solutions from production floor to enterprise level, with a special focus on energy management and sustainability. Second, a true global set-up. With presence in 190 countries, Schneider Electric serves its glass customers throughout the world and meets their needs with products adapted to local and international standards and services throughout the manufacturing li fe cycle from design to modernisation including, engineering, project management planning, implementation and after sales services. Finally, Schneider Electric has a comprehensive approach on selected segments. The Glass industry is part of our Mining, Minerals and Metals focus and is supported by a dedicated and worldwide organisation including sales, key account management, centres of expertise and marketing and R&D resources.” - Klaus Lachmann Eurotherm Limited White Paper Revision 0 Page 3 The advantages of becoming “Eurotherm by Schneider Electric” Will the Eurotherm name remain in the long term? “The value of the Eurotherm Brand has been recognised by Schneider Electric during the acquisition as having a high brand value in the core markets that we serve. As such, our Eurotherm Brand has been maintained and is now “Eurotherm by Schneider Electric.” - Chris Ashworth How important for continuity is it that key team members such as René Meuleman (Global Glass Business Manager) are still part of the new set-up? “The continuity of our key team members is vital for the continued success and sustained double digit growth that Eurotherm are seeing in the Glass market. As a combined Schneider/Eurotherm offering and team, our glass customers expect not only a comprehensive product and solution portfolio, but also a worldwide footprint. Business domain expertise, glass application and automation knowledge are of similar if not bigger importance because they help to understand our customers’ problems and to find the best technical and commercial solutions. René Meuleman and our Eurotherm team have very strong expertise in glass process control and their knowledge and know -how is fundamental to the continued growth of our business.” - Klaus Lachmann In the long term, what can the glass industry expect from Eurotherm and Schneider Electric? “The glass sector expects solutions that integrate different domains, increase efficiency, simplify operations to compensate for a lack of skilled workforces, and contribute to more sustainable manufacturing. Schneider Electric has started to successfully converge power and automation and the next step is better integration of IT (Information Technology) and OT (Operations Technology) to enable higher operational efficiency, increased asset utilisation and optimisation along the supply chain. - Klaus Lachmann Get the most from your process © 2014 Schneider Electric. All rights reserved. Our aim is to continue to improve vertical industry applications, machines and processes with a best-in-class product strategy and new solutions for power, control, supervision and process optimisation. Schneider Electric will be the ‘trusted advisor’ and strategic partner of the glass sector.” To find out more visit www.eurotherm.com/glass/ Template part number 998-2095 Eurotherm Limited White Paper Revision 0 Page 4