PJ Valves are proud to feature in the EIC’s survive and thrive report. Our efforts to fight against the extended period of low oil prices have been noted for export, innovation and optimisation.
The EIC Survive and Thrive initiative was borne out of CEO Stuart Broadley’s efforts to meet with as many EIC member companies as possible during his first few months in post.
Within his first 120 days he had met with 120 EIC members. These organisations’ determination to ‘stay in the game’, and even to prosper and grow, in spite of, and increasingly because of the challenging markets was truly inspiring.
From these early meetings, it became apparent that there were common factors that led to their success. The EIC realised that if these strategies and best practices were identified and shared with the wider industry they could help UK businesses to flourish, even during the downturn.
In-depth interviews during February and March 2017 were organised with 26 EIC member companies, a representative sample of companies ranging from small UK-only SMEs to Tier 1 EPC companies with thousands of workers spread across the globe - and representing all segments of the energy industry: oil and gas, power, nuclear and renewables.