Thyssen Krupp is strengthening its plant technology business. Uhde, Polysius and Fördertechnik is combined under the roof of Thyssen Krupp Industrial Solutions.
To better exploit global market opportunities the previously separate plant technology companies of Thyssen Krupp are being combined under the roof of Thyssen Krupp Industrial Solutions, the company The merger of the German companies of Thyssen Krupp Uhde and Thyssen Krupp Resource Technologies (created from Thyssen Krupp Polysius and ThyssenKrupp Fördertechnik) with Thyssen Krupp Industrial Solutions is part of the integration process.
Dr. Heinrich Hiesinger, CEO of Thyssen Krupp says: “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 Thyssen Krupp 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 Thyssen Krupp Industrial Solutions says: “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.”
The traditional brands Uhde and Polysius will be retained
As the company says, Thyssen Krupp Industrial Solutions ranks among the world’s leading plant technology companies and holds top-three positions in key market segments. The company earned over 5.6 billion euros in sales in fiscal year 2012/2013 and around 19,000 employees. 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 Thyssen Krupp 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 organizations are 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 Thyssen Krupp Uhde and Thyssen Krupp Resource Technologies will also be gradually combined into one company per country under the name Thyssen Krupp Industrial Solutions. This will create a much larger and more efficient organization worldwide.
Thyssen Krupp 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 Thyssen Krupp System Engineering, with production equipment for the automotive and aerospace industries.
Thyssen Krupp has some 157,000 employees in almost 80 countries working with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012/2013 ThyssenKrupp generated sales of around €39 billion.
For us, innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of “Material”, “Mechanical” and “Plant”, we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-efficient way.
A full range of specialist engineering and construction services and a shipbuilding history stretching back centuries are the strengths of the ThyssenKrupp Industrial Solutions business area. High-quality engineering is at the center of our success. Global project management skills, first-class system integration expertise, reliable procurement and supplier management, and a service offering meeting the highest standards form the basis for lasting customer satisfaction. Around 19,000 employees at over 70 locations form a global network with a technology portfolio that guarantees maximum productivity and cost-efficiency.