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Going beyond

Materials Services will operate on a climate neutral basis worldwide as early as 2030.
Sustainability
Going beyond

thyssenkrupp PlasticsNew green product range

Green Product Range by thyssenkrupp Plastics
New green product range

New in our StoriesInterview: impulses for a circular economy

Dr. Michael Dohlen
Interview: impulses for a circular economy

Strategic investments in growth market North America

Strategic investments
Strategic investments in growth market North America

Latest press releases

4/28/22

thyssenkrupp Schulte invests in new high-rack storage system

thyssenkrupp Schulte has invested in a new high-rack storage system at its Radebeul site.

Since commissioning in February 2022, the new system has increased process efficiency in operations and paved the way for automated materials warehousing. In the future this will allow the loading sequence and warehouse handling to be optimized with the help of a system.

 

Efficient use of space creates growth opportunities

With dimensions of 21 meters high, 17 meters wide and 59 meters long, the high-rack offers many advantages for the eastern district of the materials trading experts. The efficient use of space creates additional storage capacity. In total, over 6,000 tons of long material can be stored in the 2,020 cassettes of the high-rack. This offers further growth potential: "The new high-rack storage system will enable us to further expand our business and optimally meet increasing customer requirements in the future," says Tobias Huppenthal Sales Manager in the Eastern District.

 

Contribution to CO2-reduction

The high-rack storage system supports the company-wide goal of CO2-savings in many aspects. Energy is recovered via dynamic energy storage systems during automated processes. The increased storage capacity for materials will also significantly reduce transports from other warehouses in the future, which will reduce CO2-emissions. These and other companywide measures are small but important steps towards achieving the goal of climate neutrality at thyssenkrupp Schulte by 2030.

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4/20/22

thyssenkrupp Materials Trading and Ucore Rare Metals Inc. sign memorandum of understanding for the supply of rare earth carbonate

thyssenkrupp Materials Trading has signed a memorandum of understanding (MoU) with Ucore Rare Metals Inc. (TSXV: UCU) (FSE: U9UA), a Canadian-based rare earth carbonate processing company, for the purchase of the carbonate. Through the MoU, thyssenkrupp Materials Trading, a subsidiary of thyssenkrupp Materials Services, strengthens its position in the global distribution of rare earths.

Ucore Rare Metals Inc. is developing the Alaska Strategic Metals Complex (SMC) in Alaska, USA, a facility for processing rare earths and other critical minerals, which is scheduled to start production in 2024. For this, thyssenkrupp Materials Trading will provide at least 1,000 tons per year of rare earth carbonate through its global supplier network from that date. Optionally, advance delivery to Ucore Rare Metals Inc. for testing purposes is possible. In addition, both parties are discussing offtake options from the oxide production of Ucore Rare Metals Inc.

Due to their unique physical and chemical properties, rare earths are an essential component of the energy transition. They are used in the form of rare earth magnets in electric vehicle motors and generators in wind power plants, among other things. Other applications are in the special alloys, chemical catalysts, laser crystals, polishing agents for the glass industry and phosphors.

“thyssenkrupp Materials Trading is a stalwart in the global critical metals industry and the perfect prospective partner for Ucore’s development of an independent rare earth supply chain in North America,” says Pat Ryan, P.Eng., Ucore Chairman and CEO. “The execution of this MoU ensures that Ucore will have diverse sources of feedstock for the Alaska SMC, increasing our security of supply. Additionally, it allows the parties to consider various forms of a contractual supply and marketing relationship as Ucore continues to develop and secure aspects of its envisioned rare earth elements supply chain, and as thyssenkrupp further strengthens its position as a worldwide critical materials acquisition leader.”

Wolfgang Schnittker, CEO of thyssenkrupp Materials Trading, says: "The partnership with Ucore Rare Metals Inc. underlines the consistent expansion of our sales activities in the global distribution of rare earth products, which is made possible by our strong and broad supplier base. By supplying our partner with high quality carbonate, we now have the opportunity to contribute to the development of a strategically important and reliable supply chain of rare earth products in North America."

thyssenkrupp Materials Trading is an international trading and services company headquartered in Essen, Germany. Its product range includes raw materials such as alloys, nonferrous metals, minerals, coke, coal and ores, various raw materials for future technologies, metallurgical products such as steel and pipes, pipe accessories, finished steel and stainless steel, as well as trading with new and used industrial equipment, machine tools, spare parts, and structural elements for hydraulic steel engineering and the offshore sector, plus materials and logistics services of all kinds. The range is rounded out by tailored offers, including financing and shipment.

About Ucore Metals Inc.

Ucore is focused on rare- and critical-metals resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore has a 100% ownership stake in the Bokan-Dotson Ridge Rare-Earth Element Project in Southeast Alaska, USA. The Company’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

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4/8/22

Hamburg: New thyssenkrupp Plastics logistics center starts operation

Since April 4, the German market leader for plastics products in the building construction, visual communication, piping systems and engineering plastics segments has been serving its customers from a new logistics hub for northern Germany: thyssenkrupp Plastics has rented a state-of-the-art logistics center at the Tornesch business park to better serve the needs of major customers in the region. In addition to plastics products, this includes numerous services for product and application advice as well as an extensive processing service.

 

"With a direct connection to the A23 federal highway, Tornesch is integrated into the Hamburg metropolitan region, and the state capital Kiel as well as the North and Baltic Seas can be reached in less than an hour. The area has undergone constant development in recent years. The modern environment with its diverse sectors offers ideal conditions for our business," says Nicolas Neuwirth, Chairman of the Management Board of thyssenkrupp Plastics GmbH, explaining the company's decision in favor of the new location. The logistics center consists of a single-story hall measuring around 7,800 square meters with a height of 10 meters, housing warehousing, production and sales. A total of 35 employees work at the new Tornesch site.

 

The move to Tornesch, north of Hamburg, finally completes the disposal of the previous Hamburg site in Waidmanstrasse, which was already sold in 2017. "We have moved into a modern and efficient building that is technically and environmentally up to date and precisely tailored to our needs," says Christian Wisley- Schulz, branch manager of thyssenkrupp Plastics.

 

Essen-based thyssenkrupp Plastics GmbH is part of thyssenkrupp Materials Services and is a German-wide service provider for product and application advice, processing, procurement and supply. The portfolio of over 40,000 plastics products and brands comes exclusively from well-known, internationally active producers who are among the technology and market leaders in their respective product areas. The sales program is geared to the specific requirements of customers in the DIY and construction trade, building construction, industrial piping systems, engineering plastics and visual communication sectors.

https://www.thyssenkrupp-plastics.de/de/startseite.html (German only)

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2/28/22

Foundation stone laid for new thyssenkrupp Magnettechnik headquarters

thyssenkrupp Magnettechnik, a business unit of thyssenkrupp Schulte GmbH, laid the foundation stone for the construction of its new headquarters in Bochum, Germany, on February 25, 2022. The new building in the Gerthe-Süd industrial park is a local joint project supported by Bochum Wirtschaftsentwicklung and financed by investor Hans H. Sudhoff. A total of approximately 3.5 million euros will be invested in the new building and thus in the settlement of the international distribution experts in the field of magnets. Investor Sudhoff will be the builder and owner of the building.

Representatives of the project members involved took part in the symbolic act – in strict compliance with the current pandemic requirements. Among those taking part were project manager Matthias Schlottke and business unit manager Bettina Schotten from thyssenkrupp Magnettechnik, Peter Zarth, CFO at thyssenkrupp Schulte, accompanied by Mayor Thomas Eiskirch and Rouven Beeck, managing director of Bochum Wirtschaftsentwicklung, and investor Hans H. Sudhoff. The ceremonial highlight of the laying of the foundation stone was the sinking of a time capsule filled with personal wishes and instant photos, the front page of the daily newspaper and magnets.

"The new location offers us excellent opportunities to find specialized partners for individual applications in the field of magnet technology and to expand our service portfolio for our customers. We are very grateful to the city of Bochum for its committed and full support, which has made it possible for us to locate here in the first place," says project manager Matthias Schlottke of thyssenkrupp Magnettechnik.

"We are delighted to have created a forward-looking perspective for our internationally successful business unit. It once again underlines the importance of thyssenkrupp Magnettechnik within the thyssenkrupp Schulte Group," reports Peter Zarth, CFO of thyssenkrupp Schulte.

"For Bochum, the establishment of thyssenkrupp Magnettechnik is a further success in strengthening our city's reputation as a modern technology location. I am particularly pleased that we have also been able to make an offer to an internationally active company to settle in Bochum," said Mayor Thomas Eiskirch at the laying of the foundation stone.

"The investment has been designed for the long term from the outset due to the shortage of commercial space in the Ruhr region. In addition, with the long-established company thyssenkrupp Magnettechnik we have found a tenant with great potential for the future," says investor Hans H. Sudhoff.

Efficient new building with sustainable concept

The new location with a total area of more than 2,000 m2, including approximately 1,300 m2 of warehouse space and almost 800 m2 of office space, will be built in accordance with the energy-saving standard "Effizienzhaus 40". Attached to the building is a state-of-the-art measuring and testing laboratory for quality assurance of the magnets and magnet systems. With the help of a wide range of environmentally friendly measures, great importance is attached to the issue of sustainability. For example, the roof of the administration building is designed as a climate-positive green roof on an area of approximately 250 m2. The installation of a photovoltaic system is also planned to ensure almost complete self-sufficiency in electricity. The sustainable aspect will be supplemented in the parking lot by eight charging stations for e-cars. Last but not least, a green area behind the hall building will serve as a place for employees to take their lunch breaks and an outdoor work area. The modern workplace concept continues inside the administration building, with open-space as well as co-working solutions. The planned move from thyssenkrupp Magnettechnik's current Essen headquarters will take place in stages between June and October 2022.

thyssenkrupp Magnettechnik has been an expert in magnetic materials, systems and components for over 100 years. The company has extensive experience and knowledge and offers tailored solutions for complex applications. The wide product range of permanent and holding magnets, filter and lifting magnets, and measuring devices is used in elevator and drive technology, for example in electric motors, and in sensor technology. Both small companies and major international corporations are served. The magnet specialists are a business unit of thyssenkrupp Schulte GmbH – the biggest materials distribution and service provider for steel, stainless steel and nonferrous metals in Germany.

About thyssenkrupp Materials Services

thyssenkrupp Materials Services is the biggest mill-independent materials distributor and service provider in the Western world with around 380 locations – including around 260 warehouse sites – in more than 30 countries. The versatile range of services offered by the materials experts allows customers to focus even more strongly on their individual core businesses. As part of its strategic further development "Materials as a Service" the company is focusing on the supply of raw materials and materials as well as products and services in the area of supply chain management. Digital solutions ensure efficient and resource-saving processes for customers and thus provide the basis for sustainable action. From 2030 Materials Services will operate on a climate-neutral basis.

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2/9/22

thyssenkrupp Aerospace and Airbus Atlantic strengthen their industrial partnership with prolongation of their existing supply chain management agreement

thyssenkrupp Aerospace has signed a new multi-year agreement to provide supply chain management solutions to Airbus Atlantic, the world number 2 player in the aerostructures market, number 1 in pilot seats and in the top 3 for premium passenger seats. This agreement is an extension of the partnership the two companies have already had since 2010.

“We have already had an excellent relationship and industrial partnership with Airbus Atlantic and this extension shows the trust they have in our capabilities as a leading supply chain management solution provider,” says Emmanuel Soubigou, VP Supply Chain Services/Aerospace at thyssenkrupp Materials France. “The benefits of outsourcing supply chain management are well-known and I’m delighted to see how Airbus Atlantic has endorsed our ‘Materials as a Service’ strategy by extending the partnership we have together.”

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2/3/22

Recycling instead of landfill: thyssenkrupp MillServices & Systems launches research project with climate protection effect

  • Until now, part of the slag produced during hot metal desulfurization has been disposed of in landfills.

  • thyssenkrupp MillServices & Systems: Components can be extracted and reused across industries.

  • Economic efficiency and CO2 reduction potential are being explored in a cross-industry partnership.

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