ThyssenKrupp combines capabilities in plant technology
As part of 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 are being combined under the roof of ThyssenKrupp Industrial Solutions. The merger of the German companies of ThyssenKrupp Uhde and ThyssenKrupp Resource Technologies (created from ThyssenKrupp Polysius and Thyssen-Krupp Fördertechnik) with ThyssenKrupp Industrial Solutions is now an important milestone in the integration process.
Dr. Heinrich Hiesinger, CEO of ThyssenKrupp: “The integration and regionalization 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.”
Dr. Hans Christoph Atzpodien, CEO of ThyssenKrupp Industrial Solutions: “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 TKIS’ sales by on average more than 5 % per year in the coming years.”
Under the roof of ThyssenKrupp Industrial Solutions, plant technology operations worldwide will be managed by the two business units Process Technologies and Resource Technologies. PT is focused on engineering, procurement and construction for chemical and other industrial plants, while RT offers a comprehensive product portfolio and a wide sales and service network for the mining, cement, mineral processing and materials handling industries. The traditional brands Uhde and Polysius will be retained as product names.
To support the global exchange of knowledge and engineering services and present a single face to the customer, new regional organizations are being set up to make it possible to manage regional projects 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 Thyssen-Krupp Industrial Solutions.