Control Components, Inc
A wholly owned subsidiary of IMI, plc.
Severe Service: Control
Control of steam flow through
a turbine in a power station
Control of gas flow through a gas
processing plant
Severe Service: Isolation
Emergency shutdown of gas
flow into a LNG plant
Shut-off of gas flow in a high
integrity pressure protection
system (HIPPS)
Severe Service: Characteristics
Cost of failure is many times the cost of the solution
• High pressure drop
• High velocity flow control
• Extreme temperatures/cryogenics
• Fine control requirements
• Tight shut-off
• Corrosive/erosive environments
• Nuclear applications
• Operational reliability
• Safety critical/emergency shutdown
• An engineered solution
incorporating high levels of
performance and reliability
Severe Service – Top of the Pyramid
Severe Service
Applications and
Technologies
~$3bn
General Service
Applications and
~$22bn
Technologies
Source: McIlvaine, PMSI, ARC, IMI estimates – Oil/Gas, Power and Petrochem only – excludes Service
CCI Today
• Leader in severe service solutions
• Serving major customers in the global energy and power markets
• Over 2,000 dedicated employees worldwide
• Global manufacturing, sales and support capability
• Emerging market focus
• Unrivalled reputation for aftermarket support
• Experienced and talented management team
• Heroically, customer focused culture
Strong growth orientation with potential for strategic development
Control Components Inc., our journey…
1971
B&W
acquires CCI
1981
1997
IMI
acquires CCI Sulzer valves
2002
STI
2003
Fluid Kinetics
and Herion
Valves
2006
Truflo
IMI Severe Service
1961
Founded
2010
1979
Bailey Valves
1967
CCI Patents the
DRAG® valve
1992
2001
Dikkers nuclear BTG valves
valves
2005
ABB Japan Control
Valves; 100% of
CCI Korea;
Shanghai CCI JV
formed
???
Foundations of our success …
Committed people everywhere
Foundations of our success …
The Valve Doctor®
CCI Valve Doctors
• Our best engineering talent
• Strong application knowledge
• Great, personal customer relationships
• Keep us “ahead of the game” in terms
of innovation and technology
• Focus on results for the end-user –
“Plant Betterment”
• Our most experienced valve engineers:
– 40 Valve Doctors
– 9 countries
– >600 years combined experience
Foundations of our success …
Proven technology
• Track record of solving severe service problems in over 4,500 plants
worldwide
• Recognized as the leader in custom engineered solutions
• Focus on engineering leadership and innovation
Foundations of our success …
Global service and operations capability
IMI Severe Service: Competitive landscape
#1 or #2 in markets we serve
Severe Service: Control
Power
Oil and Gas
Severe Service: Isolation
Power/O&G*
Nuclear
* Tri-X technology
Growth Strategy: Severe Service Solutions
From product provider to system integrator
Severe Service Solutions
Valves
Actuation
Control
Increasing end-user influence
CCI ‘Core Strategic’ 2010 Priorities
GROW
•
•
•
•
Leveraging existing markets
Adjacent market penetration
Investment in emerging markets
Acquisition & Commercial Integration
Simplify
•
•
•
•
Global supply chain
Low cost procurement
Reduce product complexity
Lean Manufacturing
Execute
• Key Performance Indicator driven
• Project Management as a core function
• Risk Review Process
World
Class
Talent
• Human Resources Review
• CCI Leadership Guide & Training
• Recognition for Performance
Control Components – In summary
• Excellent IMI platform business
• Positioned for profitable growth
• Exposure to buoyant, global energy markets
• Direct relationship with the partners, customers and end-users
• Significant recurring aftermarket and service revenues
• Strategic development potential
• High proprietary, engineering content
• Experienced, committed and talented team
Delivering on our commitments; developing the business