Murex (company): Difference between revisions
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[[Image:Murexlogo.gif|right]] |
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{{Infobox company |
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| name = Murex Limited |
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| logo = Murexlogo.png |
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| logo_size = 100px |
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| type = [[Public company|Public]] |
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| slogan = |
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| fate = Acquired |
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| predecessor = |
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| successor = [[ESAB]] |
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| foundation = 1909 |
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| defunct = 1967 |
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| location = [[Rainham, London|Rainham]], [[Essex]], England |
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| industry = [[Iron]] |
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| products = [[Ferroalloy]]s |
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| key_people = |
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| num_employees = |
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| parent = |
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| subsid = }} |
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==History== |
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⚫ | In the |
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⚫ | Murex was founded in 1909 as an [[iron founder]] and a [[ferroalloy]] manufacturer. The company moved to [[Rainham, London|Rainham]], [[Essex]] in 1917.<ref name="Powell1978">{{cite book|author=W. R. Powell|title=History of the County of Essex (vol. 7)|url=http://www.british-history.ac.uk/vch/essex/vol7/pp134-138|year=1978|publisher=Victoria County History|page=134–38|isbn=0197227201}}</ref> |
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⚫ | In the 1930s, Murex made large quantities of electrodes at their factory in [[Waltham Cross]],<ref name="ukwelder">{{cite web |url=http://www.ukwelder.com/forum/index.php?showtopic=45|publisher=UKWelder forum|title=Vodex Electrodes}}</ref> and many ships including [[HMS Ark Royal (91)|HMS ''Ark Royal'']] and ''[[Queen Elizabeth 2]]'' have been welded using Murex equipment.<ref name="ukwelder"/> |
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The company's business was sustained by a high level of activity during [[World War II]] but when the war ended its profits showed a substantial reduction.<ref>[http://www.ft.com/cms/s/2/23bc9a3c-25cf-11da-a4a7-00000e2511c8.html Lex: The first column to appear in the FT, October 1945]</ref> |
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The business was sustained by a high level of activity during [[World War II]], but after the war ended, its profits reduced substantially.<ref>{{cite web|url=http://www.ft.com/cms/s/2/23bc9a3c-25cf-11da-a4a7-00000e2511c8.html |title=Lex: The first column to appear in the FT|date=October 1945|publisher=[[Financial Times]]}}</ref> |
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It fell out of the FT 30 index in 1967 when its share price declined, and it was replaced by [[Beechams]].<ref>{{cite web|url=http://www.ft.com/cms/78c12166-0773-11db-9067-0000779e2340.html|title=FT 30 - the UK's oldest surviving stock market index |publisher= Financial Times|archive-url=https://web.archive.org/web/20070301182435/http://www.ft.com/cms/78c12166-0773-11db-9067-0000779e2340.html| archive-date=1 March 2007}}</ref> |
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Welding equipment made by Murex continues to become available for sale from time to time.<ref>[http://www.dmm-gallery.org.uk/minequar/5909-01.htm Durham Mining Museum]</ref> |
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Welding equipment made by Murex occasionally comes up for sale.<ref>{{cite web|url=http://www.dmm-gallery.org.uk/minequar/5909-01.htm |publisher=[[Durham Mining Museum]]|title=Shap Granite - Part 2|archive-url=https://web.archive.org/web/20080426091019/http://www.dmm-gallery.org.uk/minequar/5909-01.htm|archive-date=26 April 2008}}</ref> |
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Murex was acquired by [[BOC Group]] in [[1967]].<ref>[http://www.twiprofessional.com/professional/unprotected/band_1/wjsnews_july05.html TWI News: Obituaries]</ref> In the [[United Kingdom|UK]] the rights to the Murex brand were sold to ESAB.<ref>[http://www.esabmiddleeast.com/global/en/news/upload/Svetsaren_1_2004-2.pdf ESAB News]</ref> |
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==Demise of the business== |
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Murex was acquired by the [[BOC (company)|BOC Group]] in 1967.<ref>{{cite web|url=http://www.twiprofessional.com/professional/unprotected/band_1/wjsnews_july05.html |title=Obituary: Peter Hobbs |publisher=Welding and Joining Society|archive-url=https://web.archive.org/web/20080119122801/http://www.twiprofessional.com/professional/unprotected/band_1/wjsnews_july05.html |archive-date=19 January 2008}}</ref> In the UK, the rights to the Murex brand were sold to [[ESAB]].<ref>{{cite web|url=http://www.esabmiddleeast.com/global/en/news/upload/Svetsaren_1_2004-2.pdf |title=ESAB Welding and Cutting Journal vol. 59 no. 1 2004 |archive-url=https://web.archive.org/web/20110710201527/http://www.esabmiddleeast.com/global/en/news/upload/Svetsaren_1_2004-2.pdf |archive-date=10 July 2011 |publisher=[[ESAB]]}}</ref> |
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Murex Limited was dissolved on 11 June 2013.<ref>{{cite web|url=https://beta.companieshouse.gov.uk/company/00300356|title=Murex Limited|publisher=[[Companies House]]|accessdate=13 November 2015}}</ref> |
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==References== |
==References== |
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{{FT 30 constituents}} |
{{FT 30 constituents}} |
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{{Authority control}} |
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[[Category:Manufacturing companies established in 1909]] |
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[[Category:Manufacturing companies disestablished in 1967]] |
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[[Category:Engineering companies of the United Kingdom]] |
[[Category:Engineering companies of the United Kingdom]] |
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[[Category:Defunct companies of the United Kingdom]] |
[[Category:Defunct manufacturing companies of the United Kingdom]] |
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[[Category:Companies formerly listed on the London Stock Exchange]] |
[[Category:Companies formerly listed on the London Stock Exchange]] |
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[[Category:1909 establishments in England]] |
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Latest revision as of 02:03, 4 July 2024
Company type | Public |
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Industry | Iron |
Founded | 1909 |
Defunct | 1967 |
Fate | Acquired |
Successor | ESAB |
Headquarters | Rainham, Essex, England |
Products | Ferroalloys |
Murex Limited was a leading British provider of services to metallurgists, smelters and refiners, and welders. It was an original constituent of the FT 30 index of leading stocks on the London Stock Exchange.
History
[edit]Murex was founded in 1909 as an iron founder and a ferroalloy manufacturer. The company moved to Rainham, Essex in 1917.[1]
In the 1930s, Murex made large quantities of electrodes at their factory in Waltham Cross,[2] and many ships including HMS Ark Royal and Queen Elizabeth 2 have been welded using Murex equipment.[2]
The business was sustained by a high level of activity during World War II, but after the war ended, its profits reduced substantially.[3]
It fell out of the FT 30 index in 1967 when its share price declined, and it was replaced by Beechams.[4]
Welding equipment made by Murex occasionally comes up for sale.[5]
Demise of the business
[edit]Murex was acquired by the BOC Group in 1967.[6] In the UK, the rights to the Murex brand were sold to ESAB.[7]
Murex Limited was dissolved on 11 June 2013.[8]
References
[edit]- ^ W. R. Powell (1978). History of the County of Essex (vol. 7). Victoria County History. p. 134–38. ISBN 0197227201.
- ^ a b "Vodex Electrodes". UKWelder forum.
- ^ "Lex: The first column to appear in the FT". Financial Times. October 1945.
- ^ "FT 30 - the UK's oldest surviving stock market index". Financial Times. Archived from the original on 1 March 2007.
- ^ "Shap Granite - Part 2". Durham Mining Museum. Archived from the original on 26 April 2008.
- ^ "Obituary: Peter Hobbs". Welding and Joining Society. Archived from the original on 19 January 2008.
- ^ "ESAB Welding and Cutting Journal vol. 59 no. 1 2004" (PDF). ESAB. Archived from the original (PDF) on 10 July 2011.
- ^ "Murex Limited". Companies House. Retrieved 13 November 2015.
- Manufacturing companies established in 1909
- Manufacturing companies disestablished in 1967
- Engineering companies of the United Kingdom
- Defunct manufacturing companies of the United Kingdom
- Companies formerly listed on the London Stock Exchange
- Companies based in Essex
- 1909 establishments in England
- 1967 disestablishments in England