Tag «ThyssenKrupp»

ThyssenKrupp meets operating targets in 1st half 2012/2013

€241 million adjusted EBIT in 2nd quarter at top end of guidance and higher quarter-on-quarter / Free cash flow significantly improved / Steel Americas: aiming to sign deal promptly – impairment of €683 million / Group initiative ACT optimizing leadership structure – savings target of €250 million and reduction of around 3,000 jobs in administrative …

Ulrich Lehner to reduce number of directorships

Prof. Dr. Ulrich Lehner, who will take over as Chairman of the Supervisory Board of ThyssenKrupp AG from April 01, 2013, has decided to resign from a total of three directorships to concentrate on his duties at ThyssenKrupp. Effective March 31, 2013 Prof. Lehner will step down as member of the supervisory board of Henkel …

ThyssenKrupp to build complete cement plant in Indonesia

Holcim awards follow-up contract for second plant on Java – Production to begin in 2015 ThyssenKrupp Polysius has won a contract from PT Holcim Indonesia Tbk., Jakarta, to build a second cement plant near the town of Tuban on the northern coast of the island of Java. The contract is worth around 250 million US …

ThyssenKrupp issued bond with a volume of 1.25 billion Euro

ThyssenKrupp AG today issued a 1.25 billion Euro bond documented under the company´s 10 billion Euro Debt Issuance Programme. Joint bookrunners are BayernLB, Citigroup, HSBC and UniCredit Bank AG. The bond, which was issued with a 5 ½ year maturity, carries a coupon of 4.0 % p.a. at an issue price of 99.681 %. With …

ThyssenKrupp achieves operating targets and realizes key strategic milestones in first quarter 2012/2013

Adjusted EBIT on target at €229 million / All continuing business areas with positive earnings contributions / Significant improvement in free cash flow / Record orders for plant technology and elevators / Disposal of Inoxum completed / Net financial debt reduced / Optimization program at Steel Europe: around €500 million contribution to EBIT by 2014/2015 …

BAGFAS enlarging fertilizer complex in Bandirma – ThyssenKrupp to supply two new plants

Major order from Turkey – ThyssenKrupp’s plant construction business has received an order from Bandirma Gübre Fabrikaları A.Ş. (BAGFAS) in Bandirma, Turkey, to supply a plant for the production of calcium ammonium nitrate fertilizer. Under the roughly €141 million contract, the new plant will be integrated into the existing facility on the southern coast of the …

ThyssenKrupp to supply another gearless drive overland belt conveyor to Peruvian copper mine

Efficient solution for longer, high-performance overland conveyors. ThyssenKrupp Robins, Colorado/USA, has received a further order from Xstrata Copper to supply an overland conveying system for the Peruvian Las Bambas copper mine. This will be the second ThyssenKrupp gearless drive overland belt conveyor in Peru and sees a continuation of the company’s successful cooperation with Siemens, which …

ThyssenKrupp firmly continues strategic development in fiscal year 2011/2012

Adjusted, operating EBIT target achieved with €399 million (without Inoxum, with Steel Americas) / Adjusted EBIT of future continuing operations €1.4 billion / Portfolio optimization program executed / Sale process for Steel Americas plants running to plan / Impairment charge of €3.6 billion at Steel Americas / Group financing on secure basis / Corporate program …

Current matter of ThyssenKrupp Executive Board

Dr. Jürgen Claassen (54), Member of the Executive Board of ThyssenKrupp AG, today has requested that the Supervisory Board suspend him from his duties as a Member of the Executive Board until further notice. Dr. Jürgen Claassen: “With this step, in the face of the current news coverage, I intend to keep damage away from …