Displaying items by tag: ThyssenKrupp

Germany: Jens Michael Wegmann is standing down as CEO of Thyssenkrupp’s Industrial Solutions division with immediate effect and leaving the company. Wegmann accepted a golden bracelet for his wife from a Pakistani business partner, according to Reuters.

“I made a mistake which I greatly regret and I am now paying the consequences. I realise that my conduct in my dealings with a sales partner was not in line with Thyssenkrupp’s values and that I can no longer credibly drive the necessary changes at Industrial solutions. For this reason I am standing down as CEO of Thyssenkrupp Industrial Solutions – irrespective of legal issues and the findings of the on-going internal investigation. I would like to wish all employees the very best for the future and every success in the continuing implementation of the transformation,” said Wegmann in a statement.

Stefan Gesing, chief financial officer of Industrial Solutions, will assume Jens Michael Wegmann’s duties and serve as chair of the business area board on an acting basis. The group will decide on a permanent successor in a structured process.

Germany: Vivek Bhatia has been appointed as the CEO of ThyssenKrupp Asia Pacific with effect 1 October 2016. He succeeds Stefan Schmitt, who will move to ThyssenKrupp AG as Head of Human Resources Strategy.

Bhatia, aged 38 years, has been Head of Strategy, Markets and Development at the Regional Headquarters in Singapore since May 2014. Prior to this he advised industrial businesses on their strategy and operations, as part of the Boston Consulting Group for several years. He earlier gained experience in the oil and gas Industry as part of Engineers India.

Algeria: Prime Minister Abdelmalek Sellal has laid the first stone at a cement plant being built at Sigus, Oum El Bouaghi by the Industrial Public Group of Cements of Algeria (GICA). Sellal said that his country had invested significantly in the cement sector and that Algeria should being exporting cement by 2019, according to the Algeria Press Service.

Polysius SAS France, a subsidiary of ThyssenKrupp, won the contract to build the cement plant in October 2015 on a budget of over Euro310m. The plant will have a production capacity of 2.2Mt/yr and it will start production in Febraury 2019.

Germany: Michael Höllermann and Johan P Cnossen are to join the management board of the Industrial Solutions division of ThyssenKrupp with effect from 1 August 2016. Höllermann, aged 51 years, CEO of the Regional Headquarters South America since 2012, will be the new Chief Human Resources Officer (CHRO). Johan P Cnossen, aged 56 years, who joined Industrial Solutions on 1 May 2016 as head of the transformation office for the implementation of ‘planets’, will hold the new position of Chief Operating Officer. The appointments are part of the ‘planets’ program reorganisation of the group’s Industrial Solutions business area.

With the appointments, Jens Michael Wegmann, CEO of the Industrial Solutions business area since 15 October 2015, has now filled all board positions. The new CFO, already in place since 1 June 2016, is Stefan Gesing. Also on the board is Dr Hans Christoph Atzpodien, who will focus on the management of Marine Systems.

Germany: ThyssenKrupp is reorganising its Industrial Solutions business area, its division responsible for engineering and construction. It aims to modernise its management structure by focusing on customers and business fields along with integrating the Marine Systems and System Engineering units more closely. The new position of chief operating officer will be created on the business area board for this. In addition, Johan P Cnossen will join the leadership team of Industrial Solutions to aid the reorganisation.

The new structure will be implemented at the start of the new fiscal year on 1 October 2016. Industrial Solutions will then have eight business units: Industrial Specialties, Mining Technologies, Cement Technologies, Electrolysis & Polymers Technologies, Fertilizer Technologies, Services, Marine Systems and System Engineering.

As part of the changes ThyssenKrupp’s plant technology business will be simplified by removing a layer of management. In addition the transformation program will hasten the integration of the company’s plant engineering businesses including Uhde, Polysius and Fördertechnik. Under the roof of Thyssenkrupp Industrial Solutions a uniform network structure is now being created that will make it possible to share expertise and capacities across all business units and also integrate Marine Systems and System Engineering more closely.

Germany: ThyssenKrupp Industrial Solutions has received a contract from HeidelbergCement to supply a new cement clinker production line. The 4500t/day line will be built at the Schelklingen cement plant in Baden-Württemberg as a replacement for an existing older production line. Start of production is planned for spring 2018.

“Although most of the cement contracts we have been awarded recently have been to build new production capacities in growth regions, this order shows that there is also demand in Europe to modernize and expand existing facilities. Our highly efficient technologies, which we continually improve together with our customers, guarantee maximum reliability and allow producing innovative products in an economical and environmentally friendly way,” said Lothar Jungemann, CEO of the Cement operating unit in the Resource Technologies business unit of ThyssenKrupp Industrial Solutions.

For the new kiln line ThyssenKrupp Industrial Solutions will supply components including a five-stage, single-strand DOPOL preheater, a POLRO rotary kiln with a POLGUIDE drive system and a POLYTRACK clinker cooler with roll crusher. The design of the calciner used in the preheater is intended to allow high fuel burnout with low nitrogen oxide emissions. The POLYTRACK cooler also features a highly efficient heat recovery system that minimizes fuel input.

Ivory Coast: Dangote Cement has started to build a 3Mt/yr clinker grinding plant in Yongbon near Abidjan. The plant will be cost US$200m and be completed by late 2017 according to Devakumar Edwin, Dangote Group Executive Director, Strategy, Projects and Portfolio Management.

The grinding plant will consist of two 1.5Mt/yr lines. Once complete the plant is expected to double the country’s cement production capacity. Indian engineering firm Ayoki Fabricon is managing the project subcontracting Thyssenkrupp. Once complete the plant is expected to create over 3000 direct and indirect jobs, according to local media.

India: Ravi Kirpalani will join ThyssenKrupp India on the 14 March 2016 and take charge as the CEO of the Regional Headquarters of ThyssenKrupp India effective from 1 July 2016.

Indian-born, Kirpalani's last role was the Managing Director of Castrol India. Prior to joining ThyssenKrupp, he spent over 16 years at BP where he held a number of roles in India and in the UK. He will provide on-going support for the strategic development of all ThyssenKrupp’s business in India. He succeeds Michael Thiemann, who has been responsible for the region since 1 May 2013 and previously held various management functions at ThyssenKrupp Uhde GmbH over a period of more than 35 years, including member of the Management Board and CEO.

India is currently the third most important market in Asia for ThyssenKrupp. In the 2014 - 15 financial year the group generated sales of around Euro560m in the country and employed almost 6000 people at local companies.

Saudi Arabia: Germany's thyssenkrupp has won a contract from Yamama Saudi Cement Company, one of Saudi Arabia's biggest cement producers, to build two turnkey cement clinker production lines. The two lines with an overall cement capacity of 20,000t/day will be built at a new site around 80km east of the capital Riyadh. The value of the contract is in the high three-digit million Euro range. It is the largest cement contract ever secured by thyssenkrupp.

Jens Michael Wegmann, CEO of the Industrial Solutions business area of thyssenkrupp said, "Our partnership with Yamama is built on a longstanding tradition and dates back many decades. We are delighted that Yamama is once again putting its faith in our comprehensive experience in the turnkey construction of complete cement plants worldwide."

The main components include two mobile primary crushers for limestone (each 1800t/hr throughput), three crushers for additives (each 500t/hr), two crushers for correctives (each 100t/hr) as well as two circular blending beds for limestone, each with a capacity of 80,000t and various additive storage facilities. Four QUADROPOL QMR2 roller mills with a throughput of 425t/hr and two 35,000t capacity homogenizing silos will be used to grind and store the raw material.

The kiln lines comprise six-stage and two-string preheaters with PREPOL AS-MSC calciner, rotary kilns with POLFLAME-VN clinkering zone burners, and POLYTRACK clinker coolers. The clinker will be stored in three 10,000t capacity clinker silos and two 100,000t capacity clinker storage facilities. Four combi grinding units consisting of POLYCOM high-pressure grinding rolls, ball mills and SEPOL separators as well as downstream cement coolers will each produce 300t/hr of cement.

The cement will be stored in six cement silos each with a capacity of up to 25,000t. The line will also feature six cement packing and loading stations. Quality control and monitoring will be handled by a POLCID process control system and POLAB laboratory automation system.

Yamama Saudi Cement and thyssenkrupp have been working together since the 1960s when the company placed an order for an initial 300t/day rotary kiln. Six larger cement production lines have since been added.

Germany: In the future, thyssenkrupp will use one common brand the world over. The redevelopment of the brand reflects the transformation of the technology company to a diversified industrial group.

"thyssenkrupp has changed in recent years. We are a different company today. We have become more diversified and, as a result, more stable," said Heinrich Hiesinger, CEO of thyssenkrupp. "However, we are not yet perceived everywhere as the high-performance industrial group we are and want to become even more. That's why we decided to redevelop the brand," said Communications Chief Alexander Wilke.

The new brand puts a stronger focus on customers. It communicates the company's positioning as a diversified industrial group and its aspiration to work in an integrated way, leveraging internal synergies and creating added value for customers, employees and shareholders. The new branding is based on a survey of more than 6000 customers, employees, applicants, investors, works council members, public figures and consumers.

The new brand condenses what thyssenkrupp stands for in a logo, a slogan and new colours. "But these are only the visible elements of our brand. At its core is our brand promise – because it places the focus on customers and says how we want to advance them," said Wilke. "The new brand does not mean that we have reached the end of our transformation. But it is designed to give a further boost to our change process both inside and outside the company," said Hiesinger.

Over 180 different brand identities currently exist side-by-side within the group. The single brand will create a unified image among customers and employees. thyssenkrupp will introduce the new brand gradually and in accordance with the company's financial situation. Service vehicles, trucks used by the logistics unit, office stationery, work clothes, among others, will only appear in the new brand look when they would normally have been replaced at the end of their service lives.