Revenue Erases $ 1b skm
SKM revenue clears $ 1B
Sinclair Knight Merz consulting ENGINEERING announced that it has broken the $ A1 billion barrier income for the first time during the financial year 2007-08, although the year was relatively quiet for mergers and acquisitions, with only one – REM in South Australia.
Chief Paul Dougan said this year's annual review focused largely on the company's commitment to sustainability following the commitment reduce emissions from the company of greenhouse gas by 30% per capita in 2011.
"Sustainability is now essential for all what we do. And we believe that the biggest impact we can make is in the delivery of sustainability principles through major projects around the world, "said Doug.
This year, the annual review presented several case studies to illustrate the company delivers the principles of sustainability.
A major project has been modernization of the port of Dampier, Western Australia for Pilbara Iron, a subsidiary of Rio Tinto for Iron ore
SKM was appointed as the engineering, procurement and construction management (EPCM) contractor for the expansion ports $ US1.4 billion and delivered the project ahead of schedule, budget and with an exceptional safety record.
"The sectors of mining and metals and water and the environment have been the highlights of 2007-08, "said Doug.
"The rise of world mining continued its unprecedented growth and our knowledge base and long established relationships with major customers SKM put in a strong position to benefit from this boom, we still continue for at least another five years, if not much longer. "
Dougan said the company is offering studies and EPCM projects with a total capital value of $ 25 billion in Western Australia, Queensland, New South Wales, South Australia, Chile, Peru, Brazil and Africa.
Another highlight for the year was negotiating the largest contract in the history of SKM – a work program including my own, rail links and port.
"This joint venture with Fluor is working as program director for the expansion of BHP Billiton iron ore Pilbara, Western Australia, "he said.
"This work has a capital expenditure of $ 20 million over the next five to seven years."
Dougan said the company his experience in the Pilbara region in iron ore projects, led Brazilian mining company Vale, to commend the company to undertake a series of engineering projects in Brazil during the year.
During the year, the environment of South Australia Consultancy SKM merged with REM, so that high-level skills in soil, catchment and groundwater assessment.
Doug said this merger SKM put in a good position to become the practice of leadership groundwater in Australia.
"Our partnership and joint-venture produced solid results during the year, particularly our work in the United States where we have signed a memorandum of understanding with environmental consultant Malcolm Pirnie Inc., said.
Doug said the next year the company will see new opportunities abroad, after venture in China ( cnmining ) and India in 2007-08.
He said Chile's regional operations continue to be an outstanding success, attracting new business and growing strongly. Now is the largest business outside Australia SKM.
"While there uncertainty in global financial markets, we are cautiously optimistic about the outlook, recognizing that we must be alert to changes and ready to respond quickly, "Doug said.
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