Thyssenkrupp confirmed the October 28 spin-off of its largest division, tk accelis, via a stock market listing. Shareholders will receive one new share for every twenty held, aiming to simplify the co
Thyssenkrupp Steel Europe targets tripling core profit to at least €1.2 billion mid-term via job cuts and capacity adjustments, leveraging trade barriers against Asian steel.
Thyssenkrupp is amending the funding framework for its €3 billion green steel plant in Duisburg following European Commission approval. The change permits continued government support despite the init
Thyssenkrupp shareholders will vote on spinning off its raw materials trading division, tk accelis, which handles steel and alloys globally. The unit targets improved margins and potential acquisition
Thyssenkrupp plans to spin off its materials trading division, tk accelis, via a separate listing before year-end. The move values the unit at €3.6 billion as part of the company's restructuring into
thyssenkrupp Uhde secured pre-FEED contracts for two 400,000-ton annual green ammonia projects in Brazil powered by renewable energy. The company will provide integrated engineering including electrol
Thyssenkrupp plans a summer shareholder meeting to vote on spinning off its materials trading division MX. The restructuring follows a failed steel sale and aligns with broader industry consolidation
Thyssenkrupp plans to close its Terre Haute, Indiana production site by March next year, consolidating chassis business in Ohio and impacting 320 jobs.
IG Metall union opposes Thyssenkrupp's plan to restructure its Materials Services (MX) division via a KGaA legal form to aid divestment. The unit represents over €11 billion in annual sales and employ
Thyssenkrupp Uhde will execute the front-end engineering design for Brunei Fertilizer Industries' ammonia export infrastructure expansion. The scope includes cryogenic storage tanks and jetty interfac
Uniper and Thyssenkrupp have signed an agreement to establish up to 7,200 metric tons per day of ammonia processing capacity across six commercial plants for European hydrogen imports.
Thyssenkrupp completed a hydrogen recovery unit for Fertiglobe in Abu Dhabi, increasing ammonia output by 6%.
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