Tag «ThyssenKrupp»

OUTOKUMPU COMPLETES THE DIVESTMENT OF TERNI AND VDM TO THYSSENKRUPP AND CONCLUDES THE DEBT FINANCING ARRANGEMENTS

Outokumpu has completed the divestment of the Terni remedy assets, certain service centers and the VDM-business to ThyssenKrupp. Furthermore, Outokumpu has finalized the comprehensive debt financing arrangements. The transaction and measures were originally announced on November 30, 2013. Divestment of Terni and VDM to ThyssenKrupp completed In the transaction, the stainless steel mill in Terni, …

ThyssenKrupp issues 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 BNP Paribas, Crédit Agricole, Deutsche Bank and SEB. The bond, which was issued with a maturity of 5 years and 8 months, carries a coupon of 3.125 percent p.a. at an issue price …

ThyssenKrupp building new automotive supply plant in Brazil

· New production location for cylinder-head modules in Poços de Caldas · Further step in global establishment of new production facilities for the automotive industry · New production process opens up growth options in Asia, South America and Europe ThyssenKrupp today began construction of a new automotive supply plant in Brazil. In the coming months, …

ThyssenKrupp makes good operating start to 2013/2014 fiscal year

· 6 percent growth in order intake from continuing operations · Adjusted EBIT from continuing operations more than doubled to €247 million · Significant improvement in free cash flow before divestments / further reduction in net financial debt · Clear operating improvement at Steel Americas · Special items lead to net loss of €69 million …

EU Commission approves transaction of AST and VDM

The European Commission has today approved the divestiture of Terni remedy assets, related service centers and VDM business unit to ThyssenKrupp, which was announced on November 30, 2013. ThyssenKrupp expects to close the transaction in the next few weeks, subject to fulfillment of all closing conditions. ThyssenKrupp has around 157,000 employees in just under 80 …

ThyssenKrupp combines capabilities in plant technology

Uhde, Polysius and Fördertechnik combined under the roof of ThyssenKrupp Industrial Solutions – company is one of the world’s leading engineering and construction firms As part of its strategic way forward, ThyssenKrupp is strengthening its plant technology business as a major growth area for the Group. To better exploit global market opportunities the previously separate …

ThyssenKrupp initiates project to convert process gases from steel production into base chemicals

CO2 from steel mill gases to be converted into valuable chemicals In collaboration with partners from research and industry, ThyssenKrupp AG is initiating a cross-sector technology transfer project focusing on converting process gases from steel production into valuable chemicals. The electricity for this is to come from renewable sources. “The philosophy behind the project is …

Outokumpu comments the transaction with ThyssenKrupp announced on November 30, 2013

Outokumpu announced on November 30, 2013 comprehensive measures to strengthen its balance sheet and the divestment of Terni and VDM business to ThyssenKrupp in exchange for Outokumpu’s loan note to ThyssenKrupp (EUR 1.269 million at the end of September 2013) at full amount at closing. Outokumpu now comments speculations related to the transaction made with …

Sustainable solution found for Steel Americas – ThyssenKrupp to end shareholding links with Outokumpu – capital increase of up to 10 percent planned

ThyssenKrupp sells rolling and coating plant in the USA and signs long-term slab supply contract for Brazil / Settlement of financial receivable from Outokumpu – transfer of VDM and AST planned / Adjusted EBIT from continuing operations excluding Steel Americas €1.1 billion / Adjusted EBIT from continuing operations including Steel Americas up 50 percent to …

Launch of Jugend forscht 2014: “Realize Your Idea!”: ThyssenKrupp sponsors Germany’s best known competition for young inventors

The 49th edition of the Jugend forscht young scientists competition, being held this year under the motto “Realize Your Idea!”, is underway. Young people with an interest in mathematics, computers, science and technology can once again register for Germany’s best-known competition for budding scientists. ThyssenKrupp is sponsoring the competition at local level in North Rhine-Westphalia …