Further consolidation at ThyssenKrupp under Industrial Solutions

first_imgAs part of what it calls its “strategic way forward”, ThyssenKrupp is strengthening its plant technology business as a major growth area for the group. To better exploit global market opportunities the previously separate plant technology companies of the group are being combined under the roof of ThyssenKrupp Industrial Solutions. The merger of the German companies of ThyssenKrupp Uhde and ThyssenKrupp Resource Technologies, itself created from ThyssenKrupp Polysius and ThyssenKrupp Fördertechnik, with ThyssenKrupp Industrial Solutions, is described as an important milestone in the integration process.Dr Heinrich Hiesinger, CEO of ThyssenKrupp comments: “The integration and regionalisation of our plant technology business is an important element of our transition into a diversified industrial group. This growth area offers great potential, which we can exploit optimally with ThyssenKrupp Industrial Solutions as a global, integrated engineering and construction company. Our aim is to grow faster than the market.”Dr Hans Christoph Atzpodien, CEO of ThyssenKrupp Industrial Solutions said: “Combining the strengths of our three successful long-standing plant technology companies and acting as one company on the global stage in the future will increase our impact particularly in the growth regions and enable us to carry out projects worldwide on a whole new scale. We plan to increase ThyssenKrupp Industrial Solutions’ sales by on average more than 5% per year in the coming years.”With over €5.6 billion euros in sales in fiscal year 2012/2013 and around 19,000 employees, ThyssenKrupp Industrial Solutions ranks among the world’s leading plant technology companies and holds top-three positions in key market segments. The company offers its customers engineering, procurement and construction (EPC) as well as associated services from a single source and has decades of experience gained in building more than 5,000 plants.Under the roof of ThyssenKrupp Industrial Solutions, plant technology operations worldwide will be managed by the two business units Process Technologies and Resource Technologies. Process Technologies is focused on engineering, procurement and construction for chemical, refinery and other industrial plants, while Resource Technologies offers a comprehensive product portfolio and a wide sales and service network to customers in the mining, cement, mineral processing and materials handling industries. The traditional brands Uhde and Polysius will be retained as product names. Besides Essen, the future headquarters of ThyssenKrupp Industrial Solutions, the company will have 40 branch offices in 25 countries around the world. Further engineering locations in Germany are among others Bad Soden am Taunus, Beckum, Dortmund, Ennigerloh, Leuna and St Ingbert-Rohrbach.To support the global exchange of knowledge and engineering services and present a single face to the customer, new regional organisations are also being set up. These will make it possible to manage projects in the regions with a stronger focus on local requirements. As the integration process continues the respective foreign subsidiaries of ThyssenKrupp Uhde and ThyssenKrupp Resource Technologies will also be gradually combined into one company per country under the name ThyssenKrupp Industrial Solutions. This will create a much larger and more efficient organisation worldwide. The new centralised website is www.thyssenkrupp-industrial-solutions.comlast_img read more