12th Jan 2012
Guppy Dhariwal, a former finance director for Lord Sugar and the late Lord Weinstock, and until recently Director of Finance and Business Services at Aston University, has joined Metalysis as Chief Financial Officer.
Guppy has operated at Financial and Managing Director level and has specialised in turnaround / profit improvement in a variety of blue chip companies. These have included GEC, STC, Thorn EMI and Amstrad, with products ranging from consumer durables, heavy engineering, telecommunications and electronics, with sales ranging between £20m and £200m per annum. Between 1998-2009, he contributed substantially to Aston University’s growth from a £38m enterprise to £100m high-performing university.
Born in India, Guppy came to England at the age of five. He obtained a BSc degree in Electrical Engineering from Newcastle University and subsequently became a Fellow of the Chartered Institute of Management Accountants.
He began his career in 1972 in engineering before training as an accountant. Engineering companies have featured extensively in his private sector experience, including the two years he spent working with Lord Sugar on acquisitions, disposals and operational efficiences across the Amstrad business.
Guppy joined Aston University in 1998 to realise its growth ambitions. Whilst improving the finance, audit, purchasing, management information systems and commercial capabilities, his greatest contribution was to bring tens of millions of pounds to the University through innovative projects. This additional money was used to fund growth and improve quality thus transforming Aston into one of the UK’s leading universities.
Guppy has held a number of non-executive appointments and currently, he is Director and Chair of the Finance and New Business Committee at Midland Heart.
Metalysis owns the global Intellectual Property and commercial exploitation rights to the FFC Process. When compared to conventional technologies, this process opens up a cheaper, less capital intensive and more environmentally favourable production route to high value metals and alloys.
Metalysis, based in Rotherham, UK, is focused upon exploiting its disruptive FFC Process technology to produce titanium, tantalum, and related high value alloys. These are used increasingly by major worldwide industries such as aerospace, marine, medical, chemical, automotive and electronics industries. The business is already supplying low volumes of metallurgical grade powders to suppliers and expects to commission its semi-continuous pilot plant later this year.
"Guppy is a very experienced Finance Director, whose background in handling complex project funding, will be invaluable to Metalysis as we continue to scale-up our technology.
As well as being naturally commercial and experienced in diverse private and public sector companies and markets, as a trained engineer he has an implicit understanding of the products and processes. His appointment further strengthens Metalysis and I am delighted to welcome him to the Board.”
Mark Bertolini, Chief Executive of Metalysis
Metalysis Ltd is the UKs leading technology business for the global manufacture of special metals and alloys. Using the FFC Process, the company has developed an important new technology for producing tantalum, titanium and other metals from the oxide.
Metalysis was named as one of the worlds hundred most promising private clean technology companies in the Global Cleantech 100. All companies in the Global Cleantech 100 were identified for being at the forefront of clean technology innovation and offering solutions to some of the worlds most pressing environmental problems. Metalysis was selected for its innovative FFC Process for producing metals such as titanium, one of the worlds most vital metals used in a wide range of high-end technologies.
The FFC Process works for a vast range of metals, alloys and carbides with significant economic and environmental benefits over existing processes. Metalysis owns the worldwide exclusive exploitation rights to the FFC Process.
The Metalysis business, while focused mainly at present on scaling up its innovative technology, is already supplying low volumes of metallurgical grade powders. From 2010 the company will embark upon the commercialisation of its technology. It expects to see substantially increased sales as its semi-continuous pilot production plant comes on stream. Following successful completion of that two-year project, in its next phase of commercialisation the company will begin competing for volume markets serving such worldwide industries as aerospace, marine, medical, chemical, automotive and electronics.
During the last five years Metalysis has raised £19 million in venture capital and a further £4.8 million in grants. From a workforce of three in 2005, the business now employs 50 people in science and engineering, scale-up and commercial development operations. Metalysis holds 24 patent families, filed in 88 countries.
17th May 2010
Michael Saxton
PR Director
00 44 (0) 207 602 9222
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[Metalysis] [Guppy Dhariwal] [FFC Process] [FFC Cambridge Process]
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