Sulzer Ltd. is a Swiss industrial engineering and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as Sulzer Brothers Ltd. (Gebrüder Sulzer) in 1834 in Winterthur, Switzerland. Today it is a publicly traded company with about 180 manufacturing facilities and service centers around the world. The company's shares are listed on the Swiss Stock Exchange. Sulzer is a global leader in fluid engineering. The company specializes in pumping, agitation, mixing, separation and purification technologies for fluids of all types. Sulzer provides new equipment for large infrastructure across various markets, among others water and wastewater, energy, chemicals, renewables and industrial processes. The service business makes up half of the company's sales. A growing part of the business are renewable applications such as biopolymers, recycling and low-carbon solutions. In its almost 200-year history, the company has gained international recognition with inventions such as the first precision valve steam engine (1876), the Sulzer-Diesel motor (1898) and artificial hip joints (1965). Sulzer Brothers helped develop shuttleless weaving, and their core business in the 1970s-1980s was loom manufacture. Rudolf Diesel worked for Sulzer in 1879, and in 1893 Sulzer bought certain rights to diesel engines. Sulzer built their first diesel engine in 1898. Organization Corporate structure The company is organized into three divisions: Flow Equipment: Pumping solutions - it produces pumps, agitators, compressors, grinders, screens and filters for the water, power generation, oil and gas, hydrocarbon, paper, food, metals and fertilizer industries. Services: Full-spectrum service provider for pumps, compressors, turbines, motors, and generators, for Sulzer's own equipment and third party equipment run by customers. Chemtech: mass transfer, static mixing and polymer solutions for chemicals, petrochemicals, refining and LNG. Also provides a range of ecological solutions such as bio-based chemicals, polymers and fuels, recycling technologies for textiles and plastic as well as carbon capture and utilization/storage. Ownership structure The Sulzer Ltd shares are registered at the SIX Swiss Exchange. As of 29 May 2018, Tiwel Holding AG (controlled by Renova Group) held a total of 48.82% of Sulzer's share capital. Board of Directors Sulzer’s Board of Directors consists of six members, none of which has ever held an executive position at the company. Members of the Board of Directors are individually elected by Sulzer’s shareholders once a year at the company’s Annual General Meeting. The current members of the Board of Directors of Sulzer Ltd are: Suzanne Thoma, Chairwoman of the Board of Directors