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King ’ s Award for stainless specialist Paralloy
Teesside stainless steel specialist Paralloy has been recognised with the UK ’ s top honour for business .
By Joanne McIntyre , Stainless Steel World
The company , which has sites in Billingham , Middlesbrough and Sheffield will receive the prestigious King ’ s Award for Enterprise for Excellence in International Trade . CEO Robert McGowan said : “ We have worked really hard to reach a world-class level , and this honour will spur us on to achieve further goals , both abroad and at home .” The Award was launched in 1966 , a year before Paralloy opened its first foundry in Billingham . Although it has been in business for those 57 years , Paralloy has been transformed since its management buyout in 2020 . Revenue has increased three-fold , the workforce has more than doubled to more than 500 , and the company has spent millions of pounds on new equipment , infrastructure and R & D . It has also acquired four additional sites at the Tees Advanced Manufacturing Plant ( TeesAMP ) in Middlesbrough as well as new locations in Billingham and Sheffield . Paralloy designs and produces specialist stainless steel products for petrochemical , aerospace , blue hydrogen , turbines and defence . The products are cast in one of three foundries in Billingham and finished , assembled and tested in Middlesbrough .
Paralloy is currently working on one of the biggest orders in the company ’ s history , providing key components for the new USD 6 billion Ras Laffan petrochemical complex in Qatar . It is providing nearly 400 radiant coils to be installed inside the seven steam-cracking furnaces . The 15 m coils are being manufactured to withstand temperatures of 1,100 degrees centigrade . Paralloy was chosen ahead of the two other leading companies in the world with the capability to deliver the contract .
Könnern / DE
Knesebeck / DE
One brand – two production sites
High quality pipes
• From DN 15 to DN 1 200
• According to DIN EN , ISO and ASTM
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• More than 5,000 t in stock
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BUTTING Gruppe Phone : + 49 5834 50-0 info @ butting . de www . butting . com
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