As Wales and Australia do battle on the rugby pitch, Cardiff based Torgy Atlantic are already celebrating after winning a £2.5m contract to supply specialised products to one of the world’s largest LNG projects in Australia.
Torgy Atlantic – the R&D and sales and marketing arm of the Norwegian based Torgy Group – will supply thermal pipe supports capable of withstanding temperatures of -196ºC to the new Gorgon gas development project on Barrow Island, off the north west coast of Australia.
The pipe supports sophisticated technology to create a thermal barrier preventing freezing temperatures migrating into the structural steel causing the build up of ice and brittleness.
Torgy Atlantic designs, develops and engineers all the group’s highly specialised products for the petrochemical and oil and gas industry.
Marketing director Phillip Evans described the contract as significantly important for the company and that support from the Welsh Assembly Government had helped them on a number of levels.
“Winning this contract in the current economic climate is of strategic importance to us as we are a project based business and operate in a global market competing against the best in the world.
“Support from the Welsh Assembly Government enabled us to identify new business opportunities in Australia and carry out market research which informed our development strategy. It also helped us to identify and target partners within the global supply chain which can be quite complex when engineering can be carried out on one continent and procurement on another.”
Ieuan Wyn Jones, Minister for the Economy and Transport, congratulated the company on securing the contract.
“This is a significant contract secured during very challenging trading conditions in a particularly competitive industry and it’s very good to hear that support from the Assembly Government has helped bring about such a result.
“The importance of innovation for business success was highlighted in Economic Renewal so it’s very pleasing to note that all the research and product development for the Torgy group is carried out in Wales.”
The Torgy group is a family business employing 55 people with offices and manufacturing facilities in Norway, Latvia, Kazakhstan and India with all the R&D and marketing activity run from their Cardiff offices. Atlantic Supports Engineering was acquired by the group in 2006 and now called Torgy Atlantic.
