Displaying items by tag: ThyssenKrupp
Thyssenkrupp opens Reno service centre
24 February 2022US: Thyssenkrupp has opened its new Reno, Nevada, service centre to customers. The centre will serve cement customers in the Western US and Canada.
Thyssenkrupp Industrial Solutions president Mark Terry said “We want to be where our customers need us! Thyssenkrupp already has numerous service centres distributed around the world. With an understanding of our local markets, and clientele, we are able to react, deliver faster and reduce transport time as well as costs. The service centre in Reno is another milestone for us here in North America!”
GCC orders upgrade for Samalayuca plant from ThyssenKrupp Polysius
23 February 2022Mexico: GCC has signed an engineering, procurement and construction (EPC) contract with ThyssenKrupp Polysius for an upgrade to its integrated Samalayuca plant to increase clinker production capacity, raise the usage of alternative fuels and reduce emissions. The project includes the engineering, supply and modification of the preheater, including cyclones, and an extension to the calciner, with the installation of a Prepol SC-S type system to increase the utilisation of alternative fuels. The work also includes fitting a Polytrack type clinker cooler and the installation of a bypass system. The project will begin in 2022 with operations scheduled to start in the second quarter of 2023.
FLSmidth’s full-year sales in 2021 exceed guidance
01 February 2022Denmark: FLSmidth’s 2021 full-year sales were US$2.66bn, up by 6.8% year-on-year from US$2.99bn in 2020. The group had previously forecast sales of US$2.42 – 2.57bn in its guidance for the year. Its EBITA margin was 5.9%, in the upper end of the company’s guidance of 5 – 6%. The company said that the result included costs of acquiring Thyssenkrupp’s mining business.
ThyssenKrupp to upgrade Ciments Calcia’s Airvault cement plant
07 December 2021France: Germany-based ThyssenKrupp has won a contract for the installation of a new 4000t/day clinker line at Ciments Calcia’s Airvault cement plant in Poitou-Charentes. The supplier expects the new line to double the plant’s clinker capacity while also reducing its CO2 emissions. It is intended to replace the two existing lines at the site.
ThyssenKrupp will supply a 1200t/hr double-shaft hammer crusher, a longitudinal blending bed, a 370t/hr Quadropol QMR² 45/23 type vertical roller mill and a 10,000t tangential blending silo to process raw materials for the line. A single-string, five-stage Dopol type cyclone preheater with integral calciner will be supplied that is suitable to use with alternative fuels, with the possibility of conversion to oxyfuel in future. ThyssenKrupp plans to preassemble the preheater, reducing anticipated construction time ‘by several months.’ The plant also includes a Polytrack clinker cooler, a solid recovered fuel (SRF) preparation line and dedusting systems. Commissioning is scheduled for mid-2024.
No value for the project has been disclosed by Ciments Calcia or ThyssenKrupp. However, Ciments Calcia previously announced a proposed investment of Euro300m in January 2021.
Germany: ThyssenKrupp's consolidated sales rose by 18% year-on-year in its 2021 financial year to Euro34bn. Its adjusted earnings before interest and taxation (EBIT) rose to Euro796m, compared to a loss before interest and taxation of 1.76bn in the 2020 financial year. Its order intake during the year rose by 41% to Euro39.6bn.
The company's multi tracks segment, which includes cement plant production, recorded a 2% sales rise and a 34% rise in its order intake. Its plant technology segment's sales fell due to a depressed order intake in the 2020 financial year. It increased its order intake in all business areas and won its first contracts in the hydrogen market. Hydrogen is one of the division's key growth markets.
Chief executive officer Martina Merz said, “After a good two years of intensive transformation work, we can now say that the turnaround is evident. ThyssenKrupp is going in the right direction. Our performance is improving significantly, which is reflected in our figures." She continued, "We aim to benefit from this momentum in the next phase of our transformation in order to restore our businesses to profitable growth. However, enormous challenges remain, especially due to the semiconductor shortage and the uncertainties arising from the coronavirus pandemic.”
Exclusion of Indian mining activities reduces cost of FLSmidth’s acquisition of ThyssenKrupp Mining to Euro280m
06 September 2021India: Denmark-based FLSmidth has agreed with Germany-based ThyssenKrupp to exclude the latter’s mining activities in India from the final deal in its acquisition of ThyssenKrupp Mining. This reduces the total cost of the transaction by 14% to Euro280m from Euro325m. FLSmidth said that the exclusion of the Indian business will not affect the transfer of its key intellectual property and technologies to the supplier as part of the overall transaction.
Denmark/Germany: FLSmidth has agreed to buy ThyssenKrupp Industrial Solutions’ mining business (TK Mining) for Euro325m. FLSmidth says it hopes that the acquisition will allow it to create a global mining technology provider with operations from pit to plant. The purchase is also expected to benefit FLSmidth’s aftermarket business. The transaction is expected to complete in the second half of 2022 and it will be subject to approval by competition authorities.
TK Mining is a supplier of solutions for mining systems, material handling, mineral processing and services. It is present in 24 countries with engineering and global service centres, and has close to 3400 employees. In 2020 it reported sales of around Euro780m with around one-third deriving from services.
“TK Mining and FLSmidth are a perfect match, and I am proud to announce this agreement to join forces. This is a truly transformational deal allowing us to accelerate our growth ambitions in mining by creating a stronger talent pool and one of the world’s largest and strongest suppliers to the mining industry. Our complementary customer base and improved geographic coverage will offer a strong value proposition to our customers. There is a significant opportunity in transforming TK Mining towards FLSmidth’s business mix and model in which higher margin service business makes up about 60% of revenue. I look forward to welcoming TK Mining’s management team and talented staff to our organisation,” said Thomas Schulz, group chief executive officer of FLSmidth.
India: ThyssenKrupp Industrial Solutions India has appointed Rajesh Kamath as its chief executive officer and managing director. He succeeds PD Samudra. who plans to retire at the end of June 2021 after being in post since 2014.
Kamath is a graduate engineer from Bangalore University. Previously he was the managing director of Air Liquide Engineering and Construction in India. He has also held executive positions with Technip India and Aker Solutions.
Turkmen Enjam orders new 3000t/day kiln line at Lepab cement plant from Thyssenkrupp Industrial Solutions
14 June 2021Turkmenistan: Germany-based Thyssenkrupp has received an order for a new 3000t/day line for the Lebap cement plant from Turkmen Enjam. The Arab Times newspaper has reported that the line will include a raw materials crushing and preparation plant and storage facilities.
Germany: ThyssenKrupp Industrial Solutions has launched GooVi, a digitised vibrating screen with an ‘intelligent’ control system. The supplier says that the screen offers increased efficiency, reduced weight and height. It combines the control system with a new patented drive technology. The product’s name plays on the title of the Beach Boys’ 1967 hit song Good Vibrations.
Head of product line screens and feeders Achim Schönfelder said, “With the GooVi, all vibration modes (circular, linear and elliptical) can be realised in one machine, allowing flexible adaptation to changing job requirements and material properties. In addition, the low height of the GooVi facilitates simple installation in existing plants.”