As part of its ongoing strategy to strengthen its plant technology business, the Group’s previously separate plant technology companies are being combined under the roof of ThyssenKrupp Industrial Solutions, which brings together ThyssenKrupp Uhde and ThyssenKrupp Resource Technologies (created from ThyssenKrupp Polysius and ThyssenKrupp Fördertechnik).
Dr Heinrich Hiesinger, CEO of ThyssenKrupp, said: “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, added: “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 five percent per year in the coming years.”
With over €5.6 billion 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 5000 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 bands 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.
New regional organisations are being set up that 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.
ThyssenKrupp Industrial Solutions is one of six business areas of the ThyssenKrupp Group. Alongside Process Technologies and Resource Technologies it also includes the companies ThyssenKrupp Marine Systems, offering engineering services for submarine and shipbuilding, and ThyssenKrupp System Engineering, with production equipment for the automotive and aerospace industries.
Adapted from press release by Katherine Guenioui
Read the article online at: https://www.worldcement.com/europe-cis/15012014/thyssenkrupp_combines_plant_technology_business_594/