1
For achieving this we need to have an attitude: "Setting goals is the first step in turning the invisible into the visible." “There is always room at the top." “It's not about having the right opportunities. It's about handling the opportunities right.” "Don't watch the clock; do what it does. Keep going." "The secret of getting ahead is getting started." “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time." "Outstanding people have one thing in common: An absolute sense of purpose and mission." petrochemical, oil & gas and chemical industries. CREATE COMPETITIVE STRENGTHS: ŸTo be one of the leading sealing technology company in our chosen sector. ŸEmphasis on strong technology and expertise in application engineering. ŸCreate a wider global service offering, with around 85% of sales in the markets outside of India. ŸTo be at the heart of rotating equipments and to be in touch with thousands of sealing applications and thus providing innovative solutions. ŸTo push boundaries to solve sealing challenges, making it safer and more efficient. DELIVERING GROWTH: Our ambition is to establish Sealmatic as one of the world's leading technology companies. The year marks 2020 - 2021 an important milestone on that journey. We are proud to be Sealmatic, pushing boundaries to deliver innovative solutions for challenging sealing applications. Balance sheet remains strong and with a commitment of further investment capacity for sustainable growth. Sealmatic's expert engineers and technicians work closely with customers to provide rapid onsite support – analysing root-cause for failures, identifying areas for improvement and applying performance-based solutions to reduce equipment outages. TO OUR BIGGEST ASSETS – OUR EMPLOYEES: We employ around 160 associates and are building a learning organisation that enables them to be the best that they can be and we are united by our shared values. Financial Year 2019 – 2020, marked the beginning of a pivotal change for Sealmatic. With the capability of our people and the proven legacy of our product technology, we believe that Sealmatic has significant potential. Through the changes we made in 2019 - 2020, we believe we will unlock Sealmatic's true potential and reach the next level of performance for the company. Additionally, we made significant progress on the start of our new journey including: Adding new leaders to the executive leadership team. Implementing a flatter corporate organizational structure. Creating the Marketing & Technology organization to ensure that we are market led and customer focused. Additionally, we believe that we will see a higher level of aftermarket activity. As the journey continues into 2020 – 2021 and beyond, we will look to capitalize on the foundation that has been built. We believe an improved operating model will provide more value to our key stakeholders — our employees, our customers and our shareholders. On behalf of the Sealmatic management, I want to personally thank all our employees for their commitment and focus during what has been a very memorable year. Mira Road (E), Thane 401104, India. T: +91 22 50502700 / +91 9820261376 E:[email protected] www.sealmaticindia.com API SPEC Q1 API ISO 9001:2015 EU 1935:2004 ATEX - 2014/34/EU ISO 9001:2015 ISO 14001:2015 BS-OHSAS 18001:2007 PED-CE . . . . . . . . April 2020 Sealmatic Annual Progress Report WE ARE CREATING THE FUTURE - Mission 50:15 When we look back at , there's no doubt: Sealmatic had a very great year. 2019- 2020 Revenues were up 25%, and we delivered EBITDA of 25% in earnings. 8th Regards, Umar Balwa

8th · The mechanical seals must be rugged enough to withstand high pressures, temperatures and sliding velocities. The mechanical seals also have to deal with different media, such

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Page 1: 8th · The mechanical seals must be rugged enough to withstand high pressures, temperatures and sliding velocities. The mechanical seals also have to deal with different media, such

SBF/SBP Mechanical Seals In Boiler Feed Pumps at 300 MW

Az-Zour North Gas-Fired Combined Cycle Power Plant

No power plant can be operated without a reliable and a competent mechanical seal. The number of sealing

locations to be controlled is correspondingly large. Hence there are substantial number of rotating equipments

that need to be sealed: such as pumps, agitators, coal mills and compressors.

Fossil-fueled power plants are defined as coal, gas or oil-fueled power plants that are equipped with a flue gas

desulfurization plant. The mechanical seals installed in them run continuously and reliability and low

susceptibility to failure are the crucial criteria in all of these applications.

The mechanical seals must be rugged enough to withstand high pressures, temperatures and sliding velocities.

The mechanical seals also have to deal with different media, such as river, sea or ultra-pure water in feed pumps

and cooling circuits. Mechanical seals in flue gas desulfurization must be designed to be resistant against abrasive

and corrosive lime milk suspensions and slurries.

Sealmatic’s SBF/SBP mechanical seals are installed in main feed and suspension pumps.

API SPEC Q1 API ISO 9001:2015 EU 1935:2004 ATEX - 2014/34/EU ISO 9001:2015 ISO 14001:2015 BS-OHSAS 18001:2007 PED-CE ? ? ? ? ? ? ? ?

Mira Road (E), Thane 401104, India.T: +91 22 50502700 / +91 9820261376 E:[email protected] SPEC Q1 API ISO 9001:2015 EU 1935:2004 ATEX - 2014/34/EU ISO 9001:2015 ISO 14001:2015 BS-OHSAS 18001:2007 PED-CE ? ? ? ? ? ? ? ?

SBF/SBP Mechanical Seals In Boiler Feed Pumps at 300 MW

Az-Zour North Gas-Fired Combined Cycle Power Plant

No power plant can be operated without a reliable and a competent

mechanical seal. The number of sealing locations to be controlled is

correspondingly large. Hence there are substantial number of rotating

equipments that need to be sealed: such as pumps, agitators, coal mills

and compressors.

Fossil-fueled power plants are defined as coal, gas or oil-fueled power

plants that are equipped with a flue gas desulfurization plant. The

mechanical seals installed in them run continuously and reliability and

low susceptibility to failure are the crucial criteria in all of these

applications.

The mechanical seals must be rugged enough to withstand high

pressures, temperatures and sliding velocities. The mechanical seals also

have to deal with different media, such as river, sea or ultra-pure water in

feed pumps and cooling circuits. Mechanical seals in flue gas

desulfurization must be designed to be resistant against abrasive and

corrosive lime milk suspensions and slurries.

Sealmatic’s SBF/SBP mechanical seals are installed in main feed and

suspension pumps.

For achieving this we need to have an attitude:

"Setting goals is the first step in turning the invisible into the visible."

“There is always room at the top."

“It's not about having the right opportunities. It's about handling the opportunities right.”

"Don't watch the clock; do what it does. Keep going."

"The secret of getting ahead is getting started."

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time."

"Outstanding people have one thing in common: An absolute sense of purpose and mission." petrochemical, oil &

gas and chemical industries.

CREATE COMPETITIVE STRENGTHS:

ŸTo be one of the leading sealing technology company in our chosen sector.

ŸEmphasis on strong technology and expertise in application engineering.

ŸCreate a wider global service offering, with around 85% of sales in the markets outside of India.

ŸTo be at the heart of rotating equipments and to be in touch with thousands of sealing applications and thus

providing innovative solutions.

ŸTo push boundaries to solve sealing challenges, making it safer and more efficient.

DELIVERING GROWTH:

Our ambition is to establish Sealmatic as one of the world's

leading technology companies. The year marks 2020 - 2021

an important milestone on that journey. We are proud to

be Sealmatic, pushing boundaries to deliver innovative

solutions for challenging sealing applications. Balance

sheet remains strong and with a commitment of further

investment capacity for sustainable growth.

Sealmatic's expert engineers and technicians work closely

with customers to provide rapid onsite support – analysing

root-cause for failures, identifying areas for improvement

and applying performance-based solutions to reduce

equipment outages.

TO OUR BIGGEST ASSETS – OUR EMPLOYEES:

We employ around 160 associates and are building a learning organisation that enables them to be the best that

they can be and we are united by our shared values. Financial Year 2019 – 2020, marked the beginning of a pivotal

change for Sealmatic. With the capability of our people and the proven legacy of our product technology, we believe

that Sealmatic has significant potential. Through the changes we made in 2019 - 2020, we believe we will unlock

Sealmatic's true potential and reach the next level of performance for the company.

Additionally, we made significant progress on the start of our new journey including:

Adding new leaders to the executive leadership team. Implementing a flatter corporate organizational structure.

Creating the Marketing & Technology organization to ensure that we are market led and customer focused.

Additionally, we believe that we will see a higher level of aftermarket activity.

As the journey continues into 2020 – 2021 and beyond, we will look to capitalize on the foundation that has been

built. We believe an improved operating model will provide more value to our key stakeholders — our employees,

our customers and our shareholders.

On behalf of the Sealmatic management, I want to personally thank all our employees for their commitment and

focus during what has been a very memorable year.

Mira Road (E), Thane 401104, India.T: +91 22 50502700 / +91 9820261376 E:[email protected]

www.sealmaticindia.com

API SPEC Q1 API ISO 9001:2015 EU 1935:2004 ATEX - 2014/34/EU ISO 9001:2015 ISO 14001:2015 BS-OHSAS 18001:2007 PED-CE . . . . . . . .April 2020

Performance Capabilities

Sealmatic Annual

Progress Report

WE ARE CREATING THE FUTURE - Mission 50:15

When we look back at , there's no doubt: Sealmatic had a very great year. 2019- 2020

Revenues were up 25%, and we delivered EBITDA of 25% in earnings.

8th

Regards,

Umar Balwa