November 23, 2014 11:14 PM ET

Electrical Equipment

Company Overview of Mersen S.A.

Company Overview

Mersen S.A. is engaged in the materials and electrical businesses worldwide. Its Advanced Materials and Technologies segment markets a range of graphite and metal equipment. The company’s Electrical Components and Technologies segment markets components and solutions for electrical installations, as well as a range of related maintenance services. Its products and solutions include anticorrosion and process equipment, such as columns, anticorrosion materials, pressure vessels, GRAPHILOR bursting discs, heat exchangers, anticorrosion systems, and piping and accessories; and electrical solutions for motors and generators comprising carbon brushes, brush-holders, brush-rockers, slip-ring assemb...

Immeuble La Fayette

2 place des Vosges

Courbevoie La Défense 5

Paris,  92400

France

Founded in 1892

6,474 Employees

Phone:

33 1 46 91 54 00

Key Executives for Mersen S.A.

Chairman of the Management Board
Age: 53
Total Annual Compensation: $668.7K
Chief Financial Officer and Member of the Management Board
Age: 43
Total Annual Compensation: $240.7K
Member of the Management Board
Age: 56
Total Annual Compensation: $273.2K
Member of the Management Board
Age: 46
Total Annual Compensation: $234.3K
Member of the Management Board
Age: 54
Total Annual Compensation: $226.1K
Compensation as of Fiscal Year 2013.

Mersen S.A. Key Developments

Mersen Receives ITER Project Contract

Mersen has received a contract as part of the ITER project. Worth approximately EUR 2 million, the contract is for the supply of key components for the power converters of the larger scientific experiment in the world to prove the viability of fusion as an energy source. A unique example of international cooperation in the energy sector, the aim of the ITER (International Thermonuclear Experimental Reactor) project is to build the first demonstration reactor in Cadarache in southern France, engineered to generate 500 MW of fusion power from 50 MW of input power. The group was selected by South Korean Company Dawonsys, which won the contract from the ITER Korea Agency for the manufacture of the power converters for the reactor.

Mersen Reports Unaudited Consolidated Sales Results for the Third Quarter and Nine Months of 2014; Reiterates Earnings Guidance for the Year 2014

Mersen reported unaudited consolidated sales results for the third quarter and nine months of 2014. For the quarter, the company reported total sales of EUR 184.2 million against EUR 182.4 million for the same period a year ago. For the nine months, the company reported total sales of EUR 546.3 million against EUR 559.4 million for the same period a year ago. For the year 2014, the company reiterated its target of a small improvement in the operating margin before non-recurring items compared with 2013.

Mersen S.A. Million €6 Million Contract

Mersen S.A. announced the signing of a contract worth over 6 million for the supply of graphite heat exchangers. This order is destined to equip a new phosphoric acid production unit in the Persian Gulf. In 2015, Mersen will deliver 13 tubular graphite heat exchangers (Polytubes®), each comprised of 1000 six- meter-long tubes. Measuring a record 6 meters in length without joints, these tubes offer reinforced reliability for a highly corrosive and abrasive procedure. This characteristic was a crucial factor in securing the contract. The Group was chosen by Hanwha Engineering & Construction awarded as Engineering Procurement Construction contractor. This unit will be an integral part of the phosphate product industrial complex which will be developed near a phosphate mine located in northern Saudi Arabia. Phosphoric acid is mainly used in the production of fertilizer.

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