PORVAIR PLC (LON:PVR)

Industrial

Porvair plc is a UK-based global company that specializes in filtration and environmental technology. It was founded in the year 1982 and its headquarters are situated in King's Lynn, United Kingdom. The company has a substantial area of operation across the United Kingdom, the Netherlands, the United States of America, Germany, and China. The markets that are served by Porvair include aerospace, laboratories, metal melt quality, and energy and industrial process. A significant 45% of the company’s net revenue comes from the American market, 10% from the UK market, 18% from the rest of the countries in Europe, and 26% of the revenue comes from the Asian market. The company has a skilled workforce of around 700 professionals across the globe and has many subsidiaries, which include Porvair Filtration Group, Porvair Advanced Materials Inc., Kbiosystems Ltd, SEAL Analytical Ltd., SELEE Corporation, and J.G Finneran Associates Inc. etc. In 1992, the company got listed on the main market of the London Stock Exchange. It is a part of the FTSE main market and falls under the FTSE small cap index.

The ultimate goal of the company is to provide filtration and engineering expertise to serve its customers and create a high-quality portfolio to maximize the long-term returns for all its shareholders, through organic growth and also through targeted acquisitions. The company runs through 3 operating divisions, which include Laboratory, Aerospace & Industrial and Metal Melt Quality. The Aerospace & Industrial division offers a wide range of filtration products for many applications like industrial, bioscience, energy etc. The Laboratory Division offers a variety of products that can be used in environmental or bioscience labs, with the main focus on water analysis and sample preparation equipment. The Metal Melt Quality Division offers porous ceramic filters   for filtering the molten metals and has become a leader in filtering cast house aluminum across the globe.

Porvair plc follows a well-defined framework of corporate governance and aligns itself with the UK Corporate Governance Code. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, and accountability.

Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities. It has a comprehensive ESG (Environmental, Social, and Governance) framework in place and complies with international best practices and guidelines to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for all its stakeholders, which include shareholders, employees, customers, suppliers, and the wider community. The company supports the target of UK to reduce its greenhouse gas emissions to Net Zero by 2050 and is working in the direction to adopt the Task Force on Climate-Related Financial Disclosures (TCFD) guidelines with the further development of its ESG framework.

 

 

Contact Information

company address Porvair PLC Bergen Way, 7 Regis Place KING'S LYNN PE30 2JN United Kingdom GBR

company phone+44 155 376 5500

company websitehttps://www.porvair.com/

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