Lloyds Engineering’s New Technology Analyzed

Lloyds Engineering Works has made a deal to use a new, eco-friendly technology for making steel. They’ve partnered with The Material Works (TMW), a company that has spent 15 years developing a special way to clean steel. This new process, called Eco Pickled Surface (EPS) Generation 4, is much better for the environment than how steel is often cleaned today.

Key Points

• New technology licensed from TMW for steel cleaning.
• EPS Gen 4 is eco-friendly, no acid, zero waste.
• Lloyds can sell globally, excluding certain areas.
• TMW provides support, training, and marketing materials.
• Lloyds’ profits and sales increased significantly in Q2 2025.
• No shares exchanged; a straightforward licensing agreement.

The EPS Gen 4 technology works by cleaning steel without using harsh acids. This means no harmful chemicals are released into the environment and waste is completely eliminated. Lloyds Engineering will be able to build and sell these cells around the world, focusing on areas where it makes the most sense.

TMW will help Lloyds with everything they need, like designing new versions of the technology, teaching their team how to use it, and providing materials to sell the cells.

Lloyds Engineering is already known for making a lot of different equipment, like systems for factories and ships. They’re using this new technology to make their steel products even more sustainable.

Their business is doing well too! Their profits went up 18.75% and their sales increased by 14.99% in the last quarter. This shows that the new technology could be a big success for the company.

However, the company’s shares slightly decreased by 0.16% on the BSE.

The successful implementation of this technology represents a significant step towards environmentally responsible steel production.