Skip to main content

24 September 2008

John Crane today announced it has sealed over £100 million in potential and secure business for the provision of aftermarket services and ‘first fit’ products on a range of major global projects.

Two thirds of John Crane’s revenue is generated by aftermarket – maintenance and support - services, which are driven by the installation of products in the original equipment.

The potential aftermarket contracts, which have a combined value of £69.5 million, comprise:

• £9.5 million (€12 million) for services on the world’s largest Liquefied Natural Gas (LNG) project in Qatar, following completion of John Crane’s initial [€6 million] ‘first fit’ contract with GE Oil & Gas for mechanical gas seals.
• £20 million across Europe, Thailand, Korea and Australia for Performance Plus reliability improvement services
• £4.5 million for the supply of oil and water chemistry analytic services in the Middle East and North Africa awarded to its Oil Plus business
• £35.5 million in preferred supplier agreements covering the provision of mechanical seals, systems and reliability service to a number of major global oil and gas and chemical companies

John Crane, a division of the global technology business Smiths Group, has also won more than £37 million in first fit contracts in the petrochemical and oil and gas industry for the provision of:
• Seals, systems and project management for an integrated petrochemical complex and two ethylene crackers in China
• The supply of filtration systems in Japan, Central Europe and USA
• Expanded technology products including CDI artificial lift services into the upstream oil extraction industry

Paul Cox, President, John Crane said: “First fit orders for our products provide ideal opportunities for John Crane to gain value from all products in the aftermarket through our extensive global sales and service footprint.”


Related articles


Smiths Interconnect launches new technology to reduce power loss in industrial batteries

Innovative, environmentally friendly product provides up to 90% more energy transfer than existing offering

Find out more Call to action arrow icon
Alister Cowan

Smiths Group Appoints Alister Cowan as Non-Executive Director

Find out more Call to action arrow icon
Earth View

Smiths Group plc – Q3 Trading Update

Find out more Call to action arrow icon
Sign up for updates Call to action arrow icon