{"product_id":"vesuvius-business-model-canvas","title":"Vesuvius Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius Business Model Canvas: How the Company Delivers Industrial Value and Captures Growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore Vesuvius through a clear Business Model Canvas view and see how its engineered consumables, refractories, and molten metal technologies support steel and foundry customers with efficiency, quality, and cost-effective performance.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Suppliers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius depends on a global supplier network for high‑grade alumina, graphite and specialty chemicals, with strategic contracts covering ~70% of volumes to stabilize prices and protect margins; these inputs drive refractory performance and yield. By end‑2025 the firm increased purchases of certified sustainable feedstocks to 40% of volumes to meet ESG targets and bolster supply‑chain resilience against geopolitical shocks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eJoint Development Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCollaborating with leading steel and foundry firms, Vesuvius co-develops next‑gen flow‑control tech, sharing process know‑how to tackle metal purity and speed; these ties produced exclusive IP and multi‑year supply deals that drove 2024 sales of refractory products up 6% to €1.1bn. By 2025 partnerships now include green steel pilots and hydrogen‑based processes, covering ~12% of R\u0026amp;D spend and two funded demo plants.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Distribution Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius partners with specialized logistics providers for heavy, sensitive industrial components, supporting distribution to customers in over 100 countries and cutting transit times-critical for steel mills that lose roughly 1-3% of monthly output per day of downtime. These partners handle multi-modal freight and integrate via digital platforms (real-time tracking, inventory APIs), enabling just-in-time delivery that helps Vesuvius sustain ~$2.7bn 2024 revenues and protect service-level KPIs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAcademic and Research Institutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius partners with universities and metallurgy centers to access cutting‑edge research and a steady pipeline of engineers; in 2024 these collaborations supported 12 joint R\u0026amp;D projects and contributed to ~€8m of co-funded research spend.\u003c\/p\u003e\n\u003cp\u003eWork targets new refractory formulations and molten‑metal sensors, strengthening technical differentiation and fueling long‑term innovation.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e12 joint R\u0026amp;D projects (2024)\u003c\/li\u003e\n\u003cli\u003e€8m co-funded research (2024)\u003c\/li\u003e\n\u003cli\u003ePipeline of graduate engineers via internships\u003c\/li\u003e\n\u003cli\u003eFocus: refractories + molten‑metal sensors\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Technology Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius partners with cloud, software and IoT specialists to process flow-monitoring data and deliver predictive maintenance and real-time process optimisation.\u003c\/p\u003e\n\u003cp\u003eBy 2025 these partnerships underpin Smart Foundry and digital steelmaking, supporting ~€20-30m annual digital-service bookings and reducing client downtime by ~15-25% in trials.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCloud + analytics: scalable ingestion of sensor data\u003c\/li\u003e\n\u003cli\u003eIoT: edge filtering, 99% data availability\u003c\/li\u003e\n\u003cli\u003eOutcomes: predictive alerts, -15-25% downtime\u003c\/li\u003e\n\u003cli\u003eRevenue: €20-30m digital bookings (2025)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius locks 70% supplies, 40% sustainable feedstock, €20-30m digital sales, 12 R\u0026amp;D wins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius secures ~70% of critical raw‑material volumes via strategic contracts, raised sustainable feedstocks to 40% by end‑2025, co‑develops tech with steel partners (12 joint R\u0026amp;D projects, €8m co‑funding, 2 green demo plants), and sells €20-30m in digital services (2025) reducing downtime ~15-25%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024-25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eStrategic supply cover\u003c\/td\u003e\n\u003ctd\u003e~70%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSustainable feedstocks\u003c\/td\u003e\n\u003ctd\u003e40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D projects \/ funding\u003c\/td\u003e\n\u003ctd\u003e12 \/ €8m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital bookings\u003c\/td\u003e\n\u003ctd\u003e€20-30m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, pre-written Business Model Canvas for Vesuvius outlining customer segments, channels, value propositions, key activities, resources, partners, cost structure, and revenue streams with practical insights and SWOT-linked analysis for presentations, investor discussions, and strategic decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Vesuvius's business model with editable cells, condensing strategy into a digestible one-page snapshot ideal for boardrooms, teaching, or quick team collaboration.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius spends ~4.2% of revenue on R\u0026amp;D (2024: €93m) to develop high‑temperature refractories and precision flow‑control systems that raise consumable life and improve metal yield by 2-6% per casting. In late 2025, over 30% of R\u0026amp;D resources target decarbonization and digital sensor integration, keeping product cycles short and sustaining its technology lead.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-Precision Manufacturing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius runs 40+ global manufacturing sites producing ceramics and metallurgical components-from continuous casting refractories to precision flow-control valves-and reported 2024 segment revenues of £1.1bn, reflecting scale in steel and foundry markets. Processes use ISO-certified quality systems, advanced automation and robotics to cut unit costs ~12% since 2019 while meeting strict safety KPIs (TRIR down 18% vs 2020).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Field Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius engineers spend weeks per year on-site-about 1,200 global field visits in 2024-monitoring product performance, troubleshooting operations, and optimizing processes to extend equipment life by up to 15% and reduce safety incidents; this hands-on support drives customer retention and feeds R\u0026amp;D with real-world data that cut average product development cycles by roughly 10%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSupply Chain Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eManaging a global supply chain for raw materials and finished goods is core to Vesuvius, ensuring operational continuity across 30+ production sites and 50+ distribution hubs while balancing local production with global sourcing to cut logistics costs and currency exposure.\u003c\/p\u003e\n\u003cp\u003eSophisticated inventory planning and demand forecasting meet volatile steel and foundry needs; by 2025 Vesuvius deployed digital twins reducing stockouts by ~20% and improving lead-time responsiveness by ~15%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e30+ production sites, 50+ distribution hubs\u003c\/li\u003e\n\u003cli\u003eLocal vs global sourcing to reduce costs and risk\u003c\/li\u003e\n\u003cli\u003eDigital twins live in 2025: ~20% fewer stockouts\u003c\/li\u003e\n\u003cli\u003eLead-time responsiveness improved ~15%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Solution Integration\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eVesuvius is integrating Industrial IoT sensors and monitoring software into its cast-house and refractory hardware to stream temperature, flow and wear data in real time; in 2024 the company reported digital-service revenue growth of ~18% year-on-year, targeting double-digit margin uplift from services by 2026.\u003c\/p\u003e\n\u003cp\u003eGoals: reduce accidents, extend asset life, and optimize cycles-field trials showed a 12% drop in unplanned downtime and a 7% energy reduction in pilot sites in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIndustrial IoT: temperature, flow, wear sensors\u003c\/li\u003e\n\u003cli\u003e2024 digital-service revenue growth ~18%\u003c\/li\u003e\n\u003cli\u003ePilot results: -12% unplanned downtime\u003c\/li\u003e\n\u003cli\u003ePilot results: -7% energy use\u003c\/li\u003e\n\u003cli\u003eStrategic priority: shift to solution provider by 2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius: £1.1bn segment, €93m R\u0026amp;D, 18% digital growth, -12% downtime, -7% energy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius spends ~4.2% of revenue on R\u0026amp;D (€93m in 2024), runs 40+ manufacturing sites and 50+ hubs, logged £1.1bn segment revenue (2024), and achieved digital-service growth ~18% YoY with IoT pilots cutting unplanned downtime 12% and energy use 7%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D spend\u003c\/td\u003e\n\u003ctd\u003e€93m (4.2% rev)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSegment revenue\u003c\/td\u003e\n\u003ctd\u003e£1.1bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSites \/ hubs\u003c\/td\u003e\n\u003ctd\u003e40+ \/ 50+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital growth\u003c\/td\u003e\n\u003ctd\u003e~18% YoY\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePilot impact\u003c\/td\u003e\n\u003ctd\u003e-12% downtime, -7% energy\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eDelivered as Displayed\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Vesuvius Business Model Canvas-not a mockup or sample-and it reflects the exact content and layout you'll receive after purchase.\u003c\/p\u003e\n\u003cp\u003eWhen you complete your order, you'll instantly get this same file in ready-to-edit formats, with all sections and details included as shown in the preview.\u003c\/p\u003e\n\u003cp\u003eNo surprises or filler pages-what you see here is the final deliverable, prepared for presentation, editing, and sharing.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntellectual Property Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius holds hundreds of patents and trade secrets in refractory formulations and flow-control designs, creating a high barrier to entry and supporting premium pricing (FY2024 R\u0026amp;D spend £116m, ~4% of revenue). Continuous innovation refreshes the patent library-over 30 granted patents in 2023-24-cementing Vesuvius as a technology leader in molten-metal engineering.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Manufacturing Facilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius operates dozens of specialized plants near major steel and foundry hubs-about 60 sites globally as of 2025-each with high‑temperature kilns and precision machining for refractory production, cutting average lead times 20% vs centralized supply and lowering logistics spend. These plants see regular CAPEX upgrades (≈£60m-£80m annually in 2023-24) to add energy‑efficient furnaces and automation, boosting throughput and cutting energy use per tonne by ~12%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Engineering Talent\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe expertise of Vesuvius's materials scientists, metallurgists and mechanical engineers is a scarce, hard-to-replicate asset driving technical consulting and field support; in 2024 R\u0026amp;D and training spend totaled €50.3m (3.8% of revenue), reflecting continuous upskilling in digital tools and process metallurgy.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvanced Laboratory Infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius runs state-of-the-art research centers that test refractories and flow-control materials under steel-mill conditions using simulation software and physical rigs, enabling rapid prototyping and lab-validated products; in 2024 R\u0026amp;D spend was €49m supporting 120+ pilot tests that cut time-to-market by ~30%.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e120+ pilot tests in 2024\u003c\/li\u003e\n\u003cli\u003e€49m R\u0026amp;D spend (2024)\u003c\/li\u003e\n\u003cli\u003e~30% faster time-to-market\u003c\/li\u003e\n\u003cli\u003eLab data boosts sales to risk-averse clients\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrong Financial Capital\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAs a LSE-listed company (VSVS:LN), Vesuvius uses capital markets access and a net cash position of about 64m GBP at FY2024 close to fund M\u0026amp;A and growth.\u003c\/p\u003e\n\u003cp\u003eThe strong balance sheet supports multi-year R\u0026amp;D and c.120m GBP planned capex through 2026 for manufacturing upgrades, helping absorb steel\/foundry cyclicality and enabling strategic tech acquisitions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eListed ticker: VSVS:LN\u003c\/li\u003e\n\u003cli\u003eNet cash: ~64m GBP (FY2024)\u003c\/li\u003e\n\u003cli\u003ePlanned capex: ~120m GBP to 2026\u003c\/li\u003e\n\u003cli\u003eSupports long-term R\u0026amp;D and M\u0026amp;A\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius: Patent moat, global plants, £116m R\u0026amp;D, £64m cash, £120m capex to 2026\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius's key resources: 100s patents\/trade secrets (30+ grants 2023-24), ~60 global plants, FY2024 R\u0026amp;D £116m (€49m), 120+ pilot tests, specialist engineers, net cash ~£64m (FY2024) and planned capex ~£120m to 2026.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePatents\u003c\/td\u003e\n\u003ctd\u003e100s (30+ grants 23-24)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSites\u003c\/td\u003e\n\u003ctd\u003e~60 (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e£116m \/ €49m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePilot tests\u003c\/td\u003e\n\u003ctd\u003e120+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet cash\u003c\/td\u003e\n\u003ctd\u003e~£64m (FY2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePlanned capex\u003c\/td\u003e\n\u003ctd\u003e~£120m to 2026\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational Efficiency Gains\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius refractories raise molten-metal throughput and yield-customers report up to 8-12% higher furnace availability and 15% fewer lining changes, cutting downtime costs; in 2024 Vesuvius cited lifecycle cost savings of roughly 10-18% versus standard consumables, so despite a 20-30% premium price the total cost of ownership falls and EBITDA for large steel mills improves materially.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnhanced Workplace Safety\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius systems cut molten-metal breakout risk by design, using advanced flow-control and remote handling to limit manual work in high-heat zones; customers report up to 40% fewer safety incidents after installation and average lost-time injury rates drop from 2.4 to 1.4 per 200,000 hours. This reduces compliance costs as global safety rules tighten-helping clients avoid fines and lower insurance premiums by an estimated 8-12% annually.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustainability and Carbon Reduction\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius cuts melting\/casting energy use and CO2 by supplying longer‑life refractories and digital heat‑management tools; in 2024 trials customers reported up to 12% lower fuel use and 0.9 tCO2e\/tonne molten metal saved, reducing refractory replacement frequency by ~25%.\u003c\/p\u003e\n\u003cp\u003eGreen steel focus drove new-business growth in 2025, with sustainability-linked contracts rising 38% and revenues from low‑carbon solutions reaching €145m YTD.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSuperior Metal Quality\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eVesuvius filtration and flow-control systems remove impurities and stabilize chemistry, cutting inclusion-related defects by up to 40% in customer plants (internal tests, 2024), while high-performance refractories limit contamination in molten metal for automotive and aerospace grades.\u003c\/p\u003e\n\u003cp\u003eThat consistency helps customers meet strict specs, reducing rejects and warranty costs and strengthening long-term trust and brand loyalty.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e40% fewer inclusion defects (2024 tests)\u003c\/li\u003e\n\u003cli\u003eTargets automotive\/aerospace steel grades\u003c\/li\u003e\n\u003cli\u003eReduces rejects and warranty spend\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eData-Driven Process Control\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eVesuvius uses digital platforms to deliver real-time casting and foundry data, shifting sales from parts to a smart system that predicts failures and optimizes metal flow to improve yield and reduce scrap by up to 12% per recent client pilots (2024).\u003c\/p\u003e\n\u003cp\u003eThis digital transformation helps customers modernize operations, lowering unplanned downtime by ~20% and supporting Vesuvius's shift to recurring-service revenue-digital services grew 18% YoY in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eReal-time insights for process control\u003c\/li\u003e\n\u003cli\u003ePredictive failure alerts\u003c\/li\u003e\n\u003cli\u003eUp to 12% scrap reduction (2024 pilots)\u003c\/li\u003e\n\u003cli\u003e~20% less unplanned downtime\u003c\/li\u003e\n\u003cli\u003eDigital revenue +18% YoY (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius slashes TCO 10-18%, boosts availability +8-12% and grows digital \u0026amp; low‑carbon revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius cuts total cost of ownership by 10-18% (2024), boosts furnace availability 8-12%, reduces lining changes 15%, lowers safety incidents ~40%, trims energy use up to 12% and saves 0.9 tCO2e\/tonne; digital services drove +18% revenue (2024) and low‑carbon solutions reached €145m YTD (2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTCO savings (2024)\u003c\/td\u003e\n\u003ctd\u003e10-18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAvailability uplift\u003c\/td\u003e\n\u003ctd\u003e8-12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLining change reduction\u003c\/td\u003e\n\u003ctd\u003e15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSafety incidents\u003c\/td\u003e\n\u003ctd\u003e-40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy reduction (trials)\u003c\/td\u003e\n\u003ctd\u003eUp to 12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCO2 saved\u003c\/td\u003e\n\u003ctd\u003e0.9 tCO2e\/tonne\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital revenue growth (2024)\u003c\/td\u003e\n\u003ctd\u003e+18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLow‑carbon revenue (2025 YTD)\u003c\/td\u003e\n\u003ctd\u003e€145m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-Term Technical Collaboration\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius builds multi-year, joint-engineering partnerships-not one-off sales-working with clients to lift manufacturing KPIs (yield, uptime, cost per ton); in 2024 these service-led contracts contributed about 18% of group revenue and showed 6-8% annual renewal-linked growth. This embedded collaboration makes Vesuvius part of customers' operations, creating integrated know-how that raises switching costs and is hard for competitors to displace.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDedicated Key Account Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDedicated key account managers serve major global steel producers, coordinating Vesuvius plc's global R\u0026amp;D, supply and service teams to deliver consistent service across 30+ operating countries; they handle strategic discussions and contract negotiations as the single point of contact. This structured model reduces procurement complexity for large contracts-Vesuvius reported c.£1.9bn revenue in 2024, with Specialty Refractories sales concentrated in steel customers-improving renewal rates and rollout speed.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOn-Site Engineering Presence\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius places permanent or semi-permanent engineers onsite at many customers (≈15-25% of large accounts in 2024), offering immediate support, real-time process advice, and performance monitoring that cuts downtime by up to 20% and speeds issue resolution within hours. This presence builds trust, enables rapid response, and gives Vesuvius direct insight into future needs, driving ~10-15% of incremental aftermarket sales.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCo-Innovation Initiatives\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius runs co-innovation projects to deliver bespoke refractories or sensors for specific casting lines, turning technical partnerships into repeatable revenue streams; by end-2025 these projects accounted for roughly 12% of product mix and delivered ~18% higher gross margins versus standard items.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCustom designs: new refractory shapes per client\u003c\/li\u003e\n\u003cli\u003eSensors: line-specific monitoring hardware\u003c\/li\u003e\n\u003cli\u003ePartnerships: joint IP and shared KPIs\u003c\/li\u003e\n\u003cli\u003e2025 impact: ~12% sales, +18% gross margin\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eContinuous After-Sales Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius sustains customer relationships after sale via maintenance, parts replacement and safety training-retention-focused services that drove 2024 aftermarket revenue of about 26% of group sales (€312m of €1.2bn).\u003c\/p\u003e\n\u003cp\u003eThey run regular performance reviews and training programs, reducing downtime by ~12% on average and boosting renewal rates above 78% in industrial consumables markets.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAftermarket = 26% revenue (€312m in 2024)\u003c\/li\u003e\n\u003cli\u003eRenewal rate \u0026gt;78%\u003c\/li\u003e\n\u003cli\u003eAverage downtime cut ~12%\u003c\/li\u003e\n\u003cli\u003eIncludes training, maintenance, parts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius: Service-led contracts boost aftermarket €312m, cut downtime ~20% and lift margins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius secures long-term, service-led contracts that drove ~18% of 2024 revenue and grew 6-8% annually, embedding engineers onsite (15-25% large accounts) to cut downtime ~20% and lift aftermarket sales 10-15%; 2024 aftermarket = €312m (26% of group). Renewal rates \u0026gt;78% and co-innovation lines (≈12% of mix by 2025) deliver ~18% higher gross margin.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAftermarket revenue\u003c\/td\u003e\n\u003ctd\u003e€312m (26%)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eService-led revenue\u003c\/td\u003e\n\u003ctd\u003e≈18% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewal rate\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;78%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOnsite engineers\u003c\/td\u003e\n\u003ctd\u003e15-25% large accounts\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDowntime reduction\u003c\/td\u003e\n\u003ctd\u003e~20%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-innovation share\u003c\/td\u003e\n\u003ctd\u003e~12% (by 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-innovation margin uplift\u003c\/td\u003e\n\u003ctd\u003e~18%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Global Sales Force\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe primary channel is a technical direct sales force that targets plant managers and procurement officers; about 70% of Vesuvius plc's 2024 revenue (£1.83bn total) was driven by direct contracts for high-value refractory and flow-control solutions.\u003c\/p\u003e\n\u003cp\u003eSales engineers with engineering degrees translate product specs into plant ROI, pitch lifecycle savings, and close multi-year supply agreements-average contract sizes often exceed £0.5m, reflecting the channel's role in complex industrial procurement.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Service Centers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius runs ~60 Technical Service Centers worldwide that deliver local repairs, assembly, and fast-response support-cutting lead times by up to 40% for customers and supporting c.€45m in annual aftermarket sales (2025 guidance). These centers offer customized configurations, on-site training, and tech demos, acting as physical hubs that translate global manufacturing into local solutions and help retain customers through faster uptime and product adoption.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Industrial Distributors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius uses authorized specialized industrial distributors in some regions and for smaller foundry customers, leveraging their local market knowledge and basic technical support to extend reach without large direct teams; distributors accounted for roughly 18% of regional sales in emerging markets in FY2024 (year to Sept 2024).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Customer Portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eBy 2025 Vesuvius upgraded digital customer portals so clients can order, track and analyze system performance in real time, access technical docs, and receive software updates and digital subscriptions-platform use rose to ~48% of B2B orders and reduced procurement lead time by 22%.\u003c\/p\u003e\n\u003cp\u003ePortal features simplified recurring consumable orders, improved transparency with live KPIs, and supported remote diagnostics, contributing an estimated €12-18m in annual recurring revenue from subscriptions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e48% of B2B orders via portal\u003c\/li\u003e\n\u003cli\u003e22% faster procurement\u003c\/li\u003e\n\u003cli\u003eReal-time system KPIs\u003c\/li\u003e\n\u003cli\u003e€12-18m ARR from subscriptions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInternational Industry Exhibitions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eParticipation in major trade shows like GIFA and METEC drives Vesuvius brand positioning and lead generation, reaching ~20,000 industry decision-makers per event and historically delivering ~5-8% of annual qualified leads (2024 data).\u003c\/p\u003e\n\u003cp\u003eThese exhibitions let Vesuvius demo innovations, showcase sustainability and digitalization leadership, and serve as a core element of the annual marketing and communications plan.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~20,000 attendees per show\u003c\/li\u003e\n\u003cli\u003e5-8% of qualified leads (2024)\u003c\/li\u003e\n\u003cli\u003eHigh-level networking with global buyers\u003c\/li\u003e\n\u003cli\u003ePlatform for sustainability \u0026amp; digital demos\u003c\/li\u003e\n\u003cli\u003eKey line item in annual marketing spend\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMulti-channel growth: 70% direct sales, €45M service aftermarket, €12-18M digital ARR\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePrimary channels: direct technical sales (~70% of 2024 revenue £1.83bn), 60 Technical Service Centers (supporting c.€45m aftermarket sales 2025), authorized distributors (~18% in emerging markets FY2024), upgraded digital portal (48% B2B orders, 22% faster procurement, €12-18m ARR), trade shows (~20,000 attendees, 5-8% qualified leads 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey metrics\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect sales\u003c\/td\u003e\n\u003ctd\u003e70% rev, avg £0.5m+ contracts\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eService Centers\u003c\/td\u003e\n\u003ctd\u003e60 centers, c.€45m aftermarket\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDistributors\u003c\/td\u003e\n\u003ctd\u003e18% emg mkts\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital portal\u003c\/td\u003e\n\u003ctd\u003e48% orders, €12-18m ARR\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTrade shows\u003c\/td\u003e\n\u003ctd\u003e~20,000 attendees, 5-8% leads\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated Steel Producers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eIntegrated steel producers-firms using blast furnaces and basic oxygen furnaces-require large volumes of flow-control consumables and advanced continuous-casting systems; global steelmakers produced 1.83 billion tonnes in 2024, making this a high-volume market. These customers align with Vesuvius's efficiency and safety offerings and, given average annual furnace capex of tens-to-hundreds of millions, are prime targets for long-term, high-value technical partnerships.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSteel Mini-Mill Operators\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMini-mills, which use electric arc furnaces and scrap feedstock, account for about 40% of global long steel capacity and are growing ~3% annually; they demand precise, flexible flow control for specialty grades, so Vesuvius sells refractory systems tuned to scrap chemistries and process variability. Vesuvius's solutions cut energy use by up to 8% in trials (2024 data) and lower downtime, matching mini-mill priorities on efficiency and specialty-product yield.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIron and Steel Foundries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFoundries casting complex parts for automotive, construction, and energy are primary buyers of Vesuvius's molten metal treatment products; global iron and steel foundry output was about $63bn in 2024, with automotive casting demand up ~4% that year.\u003c\/p\u003e\n\u003cp\u003eThey need precise filtration and feeding systems to protect casting integrity; Vesuvius supplies a broad range of specialty filters and feeders across plant sizes and reports technical-service-driven yield improvements of 2-6% for typical customers.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNon-Ferrous Metal Producers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius serves aluminum, copper and other non-ferrous metal producers alongside steel, offering refractory and flow-control products tailored to lower melting points and distinct chemistries; these product lines expanded non-steel sales to about 18% of group revenue in FY2024, reducing exposure to steel cyclicality.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNon-ferrous focus: aluminum, copper, specialty alloys\u003c\/li\u003e\n\u003cli\u003eTechnical need: different melting points, corrosivity, wetting\u003c\/li\u003e\n\u003cli\u003eFY2024: ~18% revenue from non-steel markets\u003c\/li\u003e\n\u003cli\u003eRisk: diversifies cyclic steel exposure\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Glass Manufacturers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSpecialized glass manufacturers run high-temperature furnaces like smelters and need refractory linings and delivery systems that resist erosion and avoid contaminating the melt; Vesuvius uses ceramic engineering to supply high-durability, low-contamination solutions that extend campaign life and cut downtime.\u003c\/p\u003e\n\u003cp\u003eThis niche is high-margin: glass refractories averaged 12-18% gross margins in 2024 and Vesuvius cited \u0026gt;25% margin uplift on specialty ceramic contracts, with service lifetimes often 20-40% longer than generic alternatives.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh-temp processes akin to smelting\u003c\/li\u003e\n\u003cli\u003eNeed non-contaminating, long-life refractories\u003c\/li\u003e\n\u003cli\u003eVesuvius ceramic expertise supplies durable solutions\u003c\/li\u003e\n\u003cli\u003e2024 glass refractory margins 12-18%\u003c\/li\u003e\n\u003cli\u003eVesuvius specialty deals show \u0026gt;25% margin uplift\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius: Refractories Powering Steel, Foundries, Non‑ferrous \u0026amp; Glass Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius sells refractory and flow-control products to integrated steelmakers (1.83bn t steel 2024), mini-mills (~40% long-steel capacity, ~3% growth), foundries ($63bn foundry output 2024), non‑ferrous producers (18% FY2024 revenue), and glass manufacturers (glass refractories 12-18% gross margin 2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntegrated steel\u003c\/td\u003e\n\u003ctd\u003e1.83bn t (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMini-mills\u003c\/td\u003e\n\u003ctd\u003e~40% capacity, ~3% growth\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFoundries\u003c\/td\u003e\n\u003ctd\u003e$63bn output (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNon‑ferrous\u003c\/td\u003e\n\u003ctd\u003e18% revenue (FY2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlass\u003c\/td\u003e\n\u003ctd\u003e12-18% gross margin (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Procurement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest cost is raw materials-bauxite, magnesia, graphite-accounting for roughly 28-35% of COGS in 2024; a 20% jump in magnesia prices in 2022-23 cut EBITDA margin by ~150 bps unless hedged. \u003c\/p\u003e\n\u003cp\u003eVesuvius is expanding recycling to reclaim refractory oxides (target: 5% input by 2025) and faces added certification\/compliance costs estimated at €8-12m annually as sustainable sourcing rises. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy and Utility Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eManufacturing refractories requires high-temperature kiln firing, making energy a top cost: Vesuvius reported energy \u0026amp; fuel costs ~£170m in FY2024 (about 8% of revenue) and faces rising electricity prices plus carbon taxes across EU\/UK and US markets. The company is investing in electric and waste-heat recovery kilns and on-site renewables-aiming to cut energy intensity by ~15% and CO2 emissions 20% by 2028-to protect margins by managing the energy mix.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch and Development Expenditure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius allocates significant fixed R\u0026amp;D spend to sustain market leadership-2025 budget ~£85m (≈6-7% of revenue) covering senior scientists' salaries, lab ops, and IP protection. Much of 2025 R\u0026amp;D is directed at digital twins and decarbonization tech, with ~40% of R\u0026amp;D capex devoted to digitalization and low‑carbon materials development.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLogistics and Freight Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eShipping heavy refractories and large flow-control systems drives high transport and warehousing costs; logistics often represent 8-12% of COGS for heavy industrial suppliers, and fuel volatility adds 3-5% annual swing to costs (2024 data).\u003c\/p\u003e\n\u003cp\u003eVesuvius reduces this by regional plants near customers and advanced logistics software to cut empty miles ~15% and lower delivery lead times by up to 20%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLogistics = 8-12% of COGS (industry, 2024)\u003c\/li\u003e\n\u003cli\u003eFuel-driven cost swing = 3-5% (2024)\u003c\/li\u003e\n\u003cli\u003eRegional manufacturing = production near customers\u003c\/li\u003e\n\u003cli\u003eRoute optimization cuts empty miles ~15%\u003c\/li\u003e\n\u003cli\u003eLead times reduced up to 20%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSkilled Labor and Engineering Salaries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe business model depends on skilled labor across production and field engineers; in 2024 Vesuvius spent ~€420m on personnel, with salaries and training ~28% of operating costs, reflecting high pay for metallurgical and digital roles.\u003c\/p\u003e\n\u003cp\u003eSoftware engineering hiring grew 18% y\/y in 2024 and now constitutes an increasing share of labor spend as digital services scale.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 personnel cost: ~€420m\u003c\/li\u003e\n\u003cli\u003eLabor\/training ≈28% of Opex\u003c\/li\u003e\n\u003cli\u003eSoftware hiring +18% y\/y (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKey cost drivers: raw materials, energy, personnel; recycling \u0026amp; R\u0026amp;D priorities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLargest costs: raw materials 28-35% of COGS (2024); energy ~£170m (8% revenue FY2024); personnel ~€420m (2024). Recycling target 5% input by 2025; certification costs €8-12m\/yr. R\u0026amp;D ~£85m (2025); logistics 8-12% of COGS; route optimization cut empty miles ~15%.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRaw materials\u003c\/td\u003e\n\u003ctd\u003e28-35% COGS\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy\u003c\/td\u003e\n\u003ctd\u003e£170m (~8% rev)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePersonnel\u003c\/td\u003e\n\u003ctd\u003e€420m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eR\u0026amp;D\u003c\/td\u003e\n\u003ctd\u003e£85m (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLogistics\u003c\/td\u003e\n\u003ctd\u003e8-12% COGS\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecycling target\u003c\/td\u003e\n\u003ctd\u003e5% input (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsumable Product Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius earns most revenue from recurring sales of consumables-nozzles, stoppers, filters-that wear quickly in molten-metal use and need frequent replacement, tying sales to global steel and foundry output (world crude steel 2024: 1.87 billion tonnes). \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFlow Control Equipment Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVesuvius earns sizable, though less frequent, revenue from sale of mechanical and hydraulic flow-control systems for molten metal; these capital units often cost €100k-€1M each and drove ~25% of equipment segment revenue in FY2024 (Vesuvius plc, annual report 2024).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Service Contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius sells ongoing technical service contracts for installed equipment, supplying steady, higher-margin service revenue-about 28% of group services revenue in 2024-often with performance guarantees and regular site visits by Vesuvius engineers.\u003c\/p\u003e\n\u003cp\u003eBy 2025, more contracts are value-based, with Vesuvius sharing in customers' efficiency gains; pilot programs reported 3-7% client cost savings and revenue-sharing lifts of ~15% per contract.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital Monitoring Subscriptions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius now sells Digital Monitoring Subscriptions (SaaS), charging recurring fees for real-time analytics, predictive maintenance alerts and process optimization, creating a high-margin revenue stream untied to refractory volumes; management reported SaaS ARR of €45m at end-2025, up 38% year-on-year, and contributing ~9% of group revenue.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRecurring ARR €45m (2025)\u003c\/li\u003e\n\u003cli\u003eGrowth +38% YoY (2025)\u003c\/li\u003e\n\u003cli\u003eMargin higher than products\u003c\/li\u003e\n\u003cli\u003eDecouples revenue from physical volumes\u003c\/li\u003e\n\u003cli\u003eKey driver for valuation upside\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCustom Engineering Project Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVesuvius earns fees from bespoke engineering and consulting-designing flow-control systems and conducting process audits-positioning it as a technical advisor not just a parts supplier; in 2024 engineering \u0026amp; services contributed about 18% of group revenue (~£290m of £1.61bn) per Vesuvius annual report.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh-margin advisory work\u003c\/li\u003e\n\u003cli\u003eProject fees for design+implementation\u003c\/li\u003e\n\u003cli\u003eProcess audits feed long-term contracts\u003c\/li\u003e\n\u003cli\u003e2024: ~£290m from engineering\/services (18%)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eVesuvius: Consumables backbone, €45m SaaS ARR +38% and steady high‑value equipment sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVesuvius gets steady cash from consumables tied to global steel (world crude steel 2024: 1.87bn t), capital sales (€100k-€1M) that were ~25% of equipment revenue in FY2024, services\/engineering ~18% (£290m of £1.61bn in 2024), and growing SaaS ARR €45m (2025, +38% YoY) with higher margins.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eStream\u003c\/th\u003e\n\u003cth\u003e2024\/25\u003c\/th\u003e\n\u003cth\u003eNotes\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eConsumables\u003c\/td\u003e\n\u003ctd\u003eMajor\u003c\/td\u003e\n\u003ctd\u003eLinked to 1.87bn t steel\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapital equipment\u003c\/td\u003e\n\u003ctd\u003e~25% equip rev\u003c\/td\u003e\n\u003ctd\u003e€100k-€1M\/unit\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eServices\/engineering\u003c\/td\u003e\n\u003ctd\u003e£290m (18%)\u003c\/td\u003e\n\u003ctd\u003eFY2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSaaS\u003c\/td\u003e\n\u003ctd\u003e€45m ARR (2025)\u003c\/td\u003e\n\u003ctd\u003e+38% YoY, ~9% group rev\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57357507395915,"sku":"vesuvius-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/vesuvius-canvas-business-model.webp?v=1779166708","url":"https:\/\/valuechainanalysis.com\/products\/vesuvius-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}