Latest News
February 22nd, 2010
Matrix is pleased to announce that we have officially passed the accreditation requirements of ISO 9001:2008 and have been awarded a certificate of registration by SAI Global. Read More
February 1st, 2010
Investors fortunate enough to have received an allocation of shares in the recent float of Matrix Composites & Engineering Ltd have seen their investment double in value in the 10 weeks since the Company was listed on the Australian Stock exchange on November 16th 2009. Read More
October 20th 2009
Matrix Composites & Engineering has completed the delivery of several major deepwater buoyancy contracts to major international OEM’s and Drilling Contractors.Read More
October 20th 2009
Matrix Composites & Engineering Limited announced today that it is undertaking the construction of a new state of the art facility in the Australian Marine Complex (AMC) Subsea Cluster at Henderson, south of Perth.Read More
October 18th 2009
Matrix Composites & Engineering Limited announced today that it will construct a fully instrumented 52 MPa ( approximately 7500PSI) full scale test chamber capable of testing subsea equipment.Read More
History
Year |
Company History |
1982 |
Heavy Engineering business established to service the offshore oil & gas industries
|
1996 |
Heavy Engineering workshops sourced in Malaga
Orders secured for iron ore materials handling equipment
Advanced Materials business established
|
1998 |
First deepwater syntactic foam buoyancy block manufactured
|
1999 |
First riser buoyancy orders received and completed
|
2000 |
Purpose built deepwater syntactic foam plant constructed
|
2001 |
First major riser buoyancy contracts completed for Asian and Australian customers
|
2003 |
Orders for acoustic syntactic foams for military applications delivered
Several orders for specialised offshore oil & gas equipment received
|
2004 |
Ultra deep ROV buoyancy system delivered
|
2005 |
Major expansion of Heavy Engineering facilities
Several deepwater riser buoyancy contracts awarded
Full scale underwater pressure testing chamber constructed
Deepwater drill string constructed for a major European drilling contractor
|
2006 |
Major expansion of syntactic foam plant
|
2007 |
Production of over 100 bend restrictors for a major offshore Brazilian field
Several large orders received for ultradeep water riser buoyancy strings
|
2008 |
Acquires 100% of ownership of heavy engineering business
Phase I of Malaga capacity expansion commenced
Financial year order book exceeds $100 million for the first time
Advanced Materials Division’s tooling production integrated with the Heavy Engineering Division
|
2009 |
Phase II of Malaga capacity expansion commences
Lease agreement to lease and develop a purpose build facility at the Australian Marine Complex in Henderson, Western Australia
Construction on the world’s highest capacity full scale underwater pressure testing chamber commences
Financial year order book approximates $250 million for the first time
|
