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Pressure Equipment, News

Family-owned FFF Australia secure contracts totalling over $4 million

Our loan helped FFF Australia fulfil contracts without losing sight of their own business growth.

For more than 21 years, family-owned FFF Australia are known as strategic sourcing specialists, supplying into the mining, petrochemical, sugar engineering and oil & gas industries across Australia.

Their international manufacturing partner network means they can source key parts that are not available in the Australian market.

“We have over 800 supply partners around the world that we work with,” said Dave Derman, Managing Director of FFF Australia.

After securing a number of contracts totalling over $4 million with one of Australia’s largest Alumina producers in Queensland, FFF Australia needed financing to help them meet supplier payment terms and support their growing order book.

 

A successful reconnection 

Having received our support several years ago to help them fulfil an export, FFF Australia knew they wanted to work with us again.

“I was quite impressed with the level of service and speed in which we were able to line up a deal and actually get it through – we’ve had a very successful relationship so far.”

Our $1 million Export Line of Credit Facility allowed them to pay suppliers and fill gaps in the cash cycles that vary from contract to contract.

“Nature of our business is that we have a very long transaction cycle time. It’s a long time before we see any income or revenue flow in our direction,” said Dave.

“It makes our working capital requirements very bumpy – we’ll have a few large projects that have soaked up a large amount of our working capital.”

Smoothing out the bumps 

Dave said that our financial support made a big impact on FFF Australia’s ability to meet customer needs without losing sight of their own business’ growth.

“We focused on making sure we could meet our business-as-usual requirements, but with some of that pressure taken off, we were able to step back a little bit and work on our business.”

“The facility that Export Finance Australia gave us was flexible enough to smooth out the bumps. You free up the time to work on your business rather than being in your business just trying to survive.”

Accelerating growth 

FFF Australia said they would recommend us to other businesses and continue working with us.

“It’s fantastic, and we hope to continue to maintain this relationship. It was about accelerated growth which Export Finance Australia has made possible.”

 

With the help from Export Finance Australia, we were able to free up cash and basically work on our own diversification: adding additional products into our line, recruit critical people and strengthen our in-house capabilities.
Dave Derman, Managing Director, FFF Australia

 

Original Article: https://www.exportfinance.gov.au/resources-news/case-studies/fff-australia/

Pressure Equipment, News

URGENT STRATEGIC SOURCING

Respirator Filter Cartridges

A significant Australian refinery involving highly hazardous production processes required urgent sourcing of respirator equipment to protect against vapours, acid gases, ammonia derivatives, dusts, mists and fumes.

Within one week, FFF Australia were able to urgently source branded MSA and 3M filter cartridges which prevented production shutdown and costly down-time.

Using our global sourcing network, we identified distributors of 3M and MSA filter cartridges and engaged our local representatives to strictly verify the quality and authenticity of the cartridges.

The high-performance filters provide strong protection against a wide range of toxic gases and particles in full accordance with European standards.

We then acted promptly to secure 600+ filter cartridges and arranged for these to be airfreighted, including further testing to verify allowable levels of active carbon in accordance with international aviation rules.

“We’re very grateful for the swift assistance of FFF Australia. It’s evidence of their reputation as international strategic sourcing specialists with a well-connected global network on which they can draw.”

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AUSTRALIA’S INTERNATIONAL SOURCING SPECIALISTS
Conveyor, Gearing & Mechanical Components, Mineral Processing, Materials Handling, Pressure Equipment, Forgings, Flanges & Fittings, Pipe & Tube, Rail, News

Australia’s International Sourcing Specialists

Providing Australian businesses access to a global supply chain of nearly 800 providers, for over 20 years.

FFF Australia commission the manufacture, production or fabrication of equipment, products or components to any design and specification. We’ve been supporting Australian companies for over 20 years by sourcing quality, compliant and often superior products from our global network of suppliers. During this time we’ve built up an unrivalled network of nearly 800 suppliers across the globe. Over 23% of our suppliers are based in Europe, Africa, and the Middle East, providing access to industry leading manufactured products.

We believe in supporting Australian businesses, like our own, as well. Over a fifth of our suppliers are based across our nation, offering cost effective and timely delivery, whilst supporting the economy in Australia.

The diagram above highlights our broad reach that, combined with our accreditations, gives our clients confidence that regardless of the trading conditions or request, at FFF Australia we’ll be able to source a solution.

Pipe & Tube, News

INTERNATIONAL SOURCING AND SUPPLY OF SEAM WELDED, NICKEL CLAD PIPES

Quality Surveillance & Expedited Delivery

FFF Australia has successfully undertaken the strategic procurement, quality surveillance & expedited delivery of 136 metres of seam welded, nickel clad pipes, supplied to the client in 8m lengths.

As international sourcing specialists, FFF Australia commissioned the fabrication of high-quality seam welded, nickel clad pipes with a manufacturing partner in Italy, even during restrictive trading conditions of COVID-19. This was possible due to FFF Australia’s reputation and evidenced adherence to current safe working practices that provided a level of comfort for the Italian government, in turn granting permission to continue to trade.

All certificates (A516-70/ UNS N02201), testing and documentation was provided to the client to satisfy quality requirements.

FFF’s supply scope also included Incoterms DDP, packaging and crating to ensure secure sea-freight delivery to the client site to meet their timescales. The team at FFF ensured adherence to procedures and processes to mitigate COVID-19 whilst ensuring the safe and timely delivery of the materials.

“The commitment and enterprise that FFF Australia demonstrated to fulfil our requirements during this time has been excellent. Very grateful to the team at FFF, thanks.”

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Pressure Equipment, News

URGENT DELIVERY OF EX-STOCK 304H BOILER TUBES

International sourcing, testing, and airfreighted delivery

FFF Australia has expedited the ex-stock supply, testing and airfreight delivery of approximately 500 metres (4.2 Tonnes) of SA213-TP304H boiler tubes.

Independent testing included;

  • Spectro for chemical,
  • Mechanical – UTS, Yield, % elongation, flaring test, flattening test, hardness,
  • Corrosion test – IGC Practice E,
  • Metallography – Grain size,
  • Visual, dimensional and PMI performed on 100% of the tubes by FFF inspector.

All material, testing and documentation was provided to the client to satisfy quality requirements.

FFF’s supply scope also ensured airfreight supply and delivery to the client site to meet their timescales. The team at FFF ensured that they adhered to procedures and processes to mitigate COVID-19 whilst ensuring the safe and timely delivery of the urgent materials.

“I appreciate your efforts in getting the inspections carried out in a timely manner and sourcing at short notice. Your due diligence on meeting the supply specs is refreshing to see.”

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Pressure Equipment, News

REPLACEMENT S&T HEAT EXCHANGER BONNETS

Petrochemical S&T Heat Exchanger Bonnets

FFF Australia supply and monitor the fabrication and testing of the

3 Shell & Tube Heat Exchanger Channel Heads in accordance with the petrochemical refinery standards.

The S&T Heat Exchanger bonnets are for an AS1210 class 2A vessel. It was identified that the Channel bonnets required replacement due to corrosion. All material, fabrication, testing, and documentation was provided to satisfy AS1210 quality requirements.

The supply scope also involved, NDE – RT, MT, hardness testing, Post weld heat treatment & surface treatment suitable for in-situ insulation when installed.

“Client was extremely satisfied giving us 5 stars in our ISO feedback assessment and indicating that they would recommend FFF Australia.”

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Pressure Equipment, Pipe & Tube, News

CONVECTION BANK TUBES

Boiler Convection Bank Swaged & Bent Tubes

Boiler Convection Bank Swaged & Bent Tubes project-managed, quality certified and delivered to a satisfied customer. Great feedback resulting in additional orders for the next two boiler retube packages.

Manufactured with high precision and swaged ends 100% checked with ring gauges to guarantee a ±0.1mm tolerance on both OD and wall thickness. All bends laid out and checked on a full scale template of the boiler to ensure seamless installation onsite. Packed in built-for-purpose transportable frames.

FFF can offer on all package types of replacement boiler tubes including furnaces, convection banks, superheaters, economisers, air heaters and water-walls. Boiler Tube material grades in seamless carbon steel and/or chrome molybdenum, plain or finned; can be supplied with adherence to any additional client-specific requirements.

Got a retube coming up? Let FFF Australia project manage the tube supply and ensure your shutdown is successful.

International Strategic Sourcing Specialists giving all Australian businesses access to the global supply chain.

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