Explosive Developments Limited Information

EDL was established in the mid-1970s as a manufacturer of packaged and bulk mining explosives. It has a strong bias towards research and development. With its sister companies across Europe and North America, it generates an income in excess of $15million per annum. It continues to grow; despite the global economic downturn in all major mining civil construction and quarrying markets. EDL has been extremely successful in sustaining significant self funded growth over the past decade. It has tripled sales and turnover and recently added six new mixer-trucks; indications are that this growth, albeit at a lower level, will continue through the challenging environment. This has been achieved by targeting those customers and market segments that can best benefit from the company's focus on providing simple, safe, reliable and superior emulsion products, at a cost effective price. This has often meant that EDL has signed agreements whereby the company leases its equipment and the customer uses its own staff to conduct loading and blasting operations. This could not be achieved without EDL's simple and robust emulsion technology, fully computerized loading software and precise product delivery- system; facilitating a significant improvement in overall customer efficiency, essential in today's competitive European markets.