Techenomics International recently held its annual budget conference in Batam Island where the company announced that a solid 2014 had created the opportunity for it to carry out new projects, expand laboratory services and exceed 210,000 samples across the group in 2015.

2015 promises to be a big year for Techenomics and CEO Chris Adsett says, “The company hopes to open a new laboratory in Sumatra and possibly South East Asia to meet our expanding customer base. We also intend to expand our services for power stations in Mongolia and rail locomotives in Turkey and expand our test work to include Fame testing, Furan testing, PCB testing, water testing and the development of waste water services.

“We have also just signed a hydraulic flushing joint venture and expect to compete for a number of multi-million dollar contracts in 2015, while continuing to work on our core discipline of condition monitoring and consolidation of existing long-standing relationships with major customers,” Chris Adsett adds.

Every year Techenomics brings representatives from its offices around the world together to discuss the year just gone and set goals for the coming year. The annual conference is fundamental to the company’s success and growth.

The conference, which was held on December 1 and 2, was attended by Techenomics’ director Richard Palmer, company secretary Grahame Clegg, CEO Chris Adsett and representatives from Techenomics’ worldwide offices and laboratories including Balikpapan, Australia, Mongolia, Indonesia, Turkey and Batam.

Techenomics has distributed specialty lubricants to the mining industry throughout Australia and Indonesia for more than 20 years with the business steadily growing into other parts of the world. In 1988, Techenomics introduced proactive condition monitoring and fluid management services.

Today, Techenomics focuses on its Total Fluid Management Services (TFMS), operating ISO 9001 accredited laboratories and consulting services. These laboratories all conduct lubricant analysis on used oils and greases, and analysis of wear debris. TFMS is operated by site-based teams who establish and maintain condition monitoring programs, and manage the total lubricant cycle at the clients’ facilities.