thyssenkrupp

(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release →

(IN BRIEF) thyssenkrupp nucera’s 20 MW scalum® electrolysis module has won the German Sustainability Award for its pioneering role in green hydrogen production. Recognized for its modular, scalable design, scalum® enables large-scale green hydrogen production and supports industry sustainability goals. … Read the full press release →

(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 →

(IN BRIEF) Thyssenkrupp Steel, E.ON, and König-Brauerei have launched an innovative project that repurposes waste heat from steel production to power the brewing processes at König-Brauerei. The initiative, which includes the construction of a steam transfer pipeline by E.ON, allows … Read the full press release →

(IN BRIEF) Dr. Jens Schulte is set to assume the role of Chief Financial Officer (CFO) at thyssenkrupp AG starting June 1, succeeding Dr. Klaus Keysberg who will retire on May 31. Approved by the Supervisory Board last November, Schulte … Read the full press release →

(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 →

(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 →

(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 →

(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release →

(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release →

(IN BRIEF) thyssenkrupp Steel has initiated a call for tenders to supply hydrogen to its first direct reduction plant as part of the tkH2Steel decarbonization project. The project aims to transition to 100% hydrogen operation by 2029, with hydrogen use … Read the full press release →

(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 →

(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 →

(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 →