Tag Archives: ThyssenKrupp

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

EPCG Acquires Stake in thyssenkrupp’s Steel Business: A Step Towards Decarbonization

(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release

Carbon-Neutral Cement: Groundbreaking for Innovative Plant in Lägerdorf

(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release

thyssenkrupp Veerhaven Pioneers Climate-Friendly Pusher Tug Fleet for Steel Supply Chain Decarbonization

(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release

thyssenkrupp’s Fiscal Performance Aligned with Expectations Despite Market Challenges

(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release

German Navy Extends Contract with ARGE F125 for Frigate Support, Ensuring Operational Readiness

(IN BRIEF) The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has prolonged the contract with ARGE F125 for technical-logistical support (TLB) of the F125 frigate class, encompassing four ships and a testing/training center in Wilhelmshaven, until … Read the full press release

thyssenkrupp Materials Services Expands Operations with $37 Million Investment in San Luis Potosí, Mexico

(IN BRIEF) thyssenkrupp Materials Services has opened a new $37 million service center in San Luis Potosí, Mexico, with a focus on sustainability and electromobility. The facility will create approximately 65 jobs and aims to support the growing automotive supply … Read the full press release

thyssenkrupp Unveils Decarbon Technologies Segment to Lead the Green Transition

(IN BRIEF) Industrial and technology company thyssenkrupp is undergoing a significant transformation, reorganizing its portfolio to create the “Decarbon Technologies” segment, set to launch on October 1, 2023. This new segment will consolidate key technologies for decarbonizing industries, such as … Read the full press release

thyssenkrupp Sustains Resilient Performance Amidst Challenges in Q3 2022/2023; Refines Fiscal Year Forecast

(IN BRIEF) Despite a challenging business environment, thyssenkrupp reported a robust performance in the 3rd quarter of the 2022/2023 fiscal year. Order intake of €9.4 billion and sales of €9.6 billion were lower than the prior year due to normalization … Read the full press release

Germany’s Vice-Chancellor Robert Habeck Commits €2 Billion to thyssenkrupp’s Green Steel Project tkH2Steel

(IN BRIEF) Robert Habeck, Germany’s Vice-Chancellor and Minister for Economic Affairs and Climate Action, pledges around two billion euros in funding to thyssenkrupp Steel’s “tkH2Steel” decarbonization project. The joint effort with the state government of North Rhine-Westphalia aims to revolutionize … Read the full press release

thyssenkrupp Lists Hydrogen Business on Frankfurt Stock Exchange, Raises €526 Million in Successful IPO

(IN BRIEF) thyssenkrupp has successfully listed its hydrogen business, thyssenkrupp nucera, on the Frankfurt Stock Exchange. As one of the world’s leading suppliers of electrolysis plants for green hydrogen production, thyssenkrupp nucera raised approximately €526 million through the IPO. The … Read the full press release

Detección de daños en tiempo real para operadores de flotas impulsada por carValoo, Acuerdo de tecnología de flotas

(NOTICIA EN BREVE) La subsidiaria de Thyssenkrupp, carValoo, se ha asociado con Fleet Technology GmbH en un acuerdo de crecimiento. Fleet Technology ha adquirido el 77,5 % de las acciones de carValoo y Thyssenkrupp conserva el 22,5 %. La inversión … Read the full press release

Real-time damage detection for fleet operators boosted by carValoo, Fleet Technology deal

(IN BRIEF) Thyssenkrupp subsidiary, carValoo, has partnered with Fleet Technology GmbH in a growth deal. Fleet Technology has acquired 77.5% of carValoo’s shares, with thyssenkrupp retaining 22.5%. The investment will boost carValoo’s cloud services for fleet operators, which offer real-time, … Read the full press release

L’économie circulaire dans la production de véhicules reçoit un coup de pouce du ministère allemand et du consortium

(ACTUALITÉ EN BREF) Un consortium de 19 entreprises industrielles et instituts de recherche de premier plan, dont BMW et Evonik, travaille au développement de nouveaux procédés d’utilisation de matériaux durables dans la production de véhicules circulaires. Evonik apporte son expertise … Read the full press release

Circular Economy in Vehicle Production Gets Boost from German Ministry, Consortium

(IN BRIEF) A consortium of 19 leading industrial companies and research institutes, including BMW and Evonik, is working on developing new processes for using sustainable materials in circular vehicle production. Evonik is contributing its expertise in plastics and recycling additives … Read the full press release

La empresa de ingeniería danesa FLSmidth recibe autorizaciones regulatorias para completar su adquisición del negocio minero de thyssenkrupp

(COMUNICADO DE PRENSA) COPENHAGEN, 23-Mar-2022 — /EuropaWire/ — FLSmidth (CPH: FLS), una empresa de ingeniería multinacional danesa, ha anunciado que ya se han recibido todas las autorizaciones reglamentarias relativas a la adquisición del negocio minero de thyssenkrupp. Además de las … Read the full press release

Danish engineering company FLSmidth receives regulatory clearances for the completion of its acquisition of thyssenkrupp’s mining business

(PRESS RELEASE) COPENHAGEN, 23-Mar-2022 — /EuropaWire/ — FLSmidth (CPH: FLS), a Danish multinational engineering company, has announced that all regulatory clearances concerning its acquisition of the thyssenkrupp’s mining business have now been received. In addition to the approvals already in … Read the full press release

thyssenkrupp to test the industrial production, use and system integration of green hydrogen as part of German Federal Ministry of Education and Research’s hydrogen lead projects

H2Giga: thyssenkrupp is driving forward the industrialization of alkaline water electrolysis through automated series production H2Mare: thyssenkrupp tests the offshore production of green methanol and ammonia TransHyDE: thyssenkrupp tests ammonia cracking (PRESS RELEASE) ESSEN, 7-Oct-2021 — /EuropaWire/ — thyssenkrupp (ETR: … Read the full press release

thyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers

Further milestone achieved in focusing the portfolio and realigning the group Stainless steel business will profit from new owner’s willingness to invest and attractive development prospects Parties agree not to disclose purchase price; closing expected within first half of 2022 … Read the full press release

Austrian Action Composites GmbH takes over thyssenkrupp Carbon Components GmbH

thyssenkrupp group posts further success in focusing portfolio Change of ownership gives thyssenkrupp Carbon Components GmbH positive prospects for continuation Closing expected within the coming weeks Michael Höllermann, CHRO Multi Tracks: “Carbon Components stands for highly innovative products. Under the … Read the full press release