Latest press releases

7/22/24

thyssenkrupp Aerospace supports Magellan's global expansion with renewed partnership

thyssenkrupp Aerospace, part of thyssenkrupp Materials Services, one of the world’s leading mill-independent materials distribution and service providers, has agreed to a 10-year contract extension to manage the material demand for Magellan Aerospace (UK) Limited (“Magellan”), a global aerospace company that develops, designs and manufactures aircraft components worldwide. The agreement is a continuation of the successful, long-standing relationship between the two companies dating back more than 20 years.

Under the agreement, which also covers Magellan’s subcontractors, thyssenkrupp Aerospace will handle the entire supply chain management of raw materials, warehousing and other processing services for Magellan’s facilities in Europe and India. The main product group is aluminum plates, which will be serviced from the thyssenkrupp Materials Services sites in the UK, India and Poland, with tube and extrusion products supplied from the thyssenkrupp Materials UK site in Milton Keynes. These materials will be delivered just-in-time to Magellan’s facilities.

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7/8/24

thyssenkrupp MillServices & Systems receives QUBA quality seal for steel mill slag

In Germany, the construction sector is responsible for 36% of greenhouse gas emissions, 50% of raw material extraction and 35% of waste generation. The circular economy is an important lever for achieving climate neutrality[1]. Circular raw materials, such as steel mill slag, are of particular importance. thyssenkrupp MillServices & Systems has set itself the goal of going beyond the legal requirements and has successfully completed the QUBA certification for its two sites in Brandenburg. The QUBA (Qualitätssicherung Sekundärbaustoffe GmbH) seal of approval certifies the tested, quality-monitored and certified steel mill slag throughout Germany. It also guarantees the implementation of and compliance with the requirements of the German Substitute Building Materials Ordinance (English for “Ersatzbaustoffverordnung”).

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7/3/24

Changes in the management of thyssenkrupp Schulte: Astrid Meicherczyk becomes CEO – Detlef Schotten heads European business

Astrid Meicherczyk has taken over as CEO of thyssenkrupp Schulte, a German subsidiary of the materials distribution and service provider thyssenkrupp Materials Services, effective July 1, 2024. She succeeds Detlef Schotten, who at the same time assumed responsibility for the pan-European materials distribution and trading business of thyssenkrupp Materials Services to which thyssenkrupp Schulte is organizationally assigned.

Astrid Meicherczyk has extensive international general management and sales experience from more than 25 years in leading positions in the industry. Most recently, she was CEO of the Plastics Europe operating unit, the European plastics distribution business of thyssenkrupp Materials Services. Before joining thyssenkrupp, the industrial engineer spent many years at Bertelsmann in leading positions in Germany and abroad, including as CEO of Prinovis Germany and member of the Management Board of the Bertelsmann Printing Group.

In April thyssenkrupp Schulte announced a fundamental structural transformation of its business model. The aim is to sustainably improve the competitiveness and profitability of the German market leader and meet changing customer needs by focusing on the material-related services business.

thyssenkrupp Schulte GmbH, headquartered in Essen, is part of thyssenkrupp Materials Services and is the leading materials trader and service provider for steel, stainless steel and non-ferrous metals in Germany. Through a network of over 40 locations, it serves customers from various sectors of the manufacturing industry, including industry, trade and construction. The portfolio ranges from a broad product range of flat products, profiles and tubes to competent expert advice and a comprehensive range of services along the value chain. thyssenkrupp Schulte currently employs around 2,300 people.

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6/5/24

Vegetable oil instead of diesel: thyssenkrupp Materials Services invests in sustainable drives

thyssenkrupp Materials Services has taken a further step in the area of alternative drive systems and invested in three HVO-powered (hydrotreated vegetable oil) trucks in the UK. The subsidiary thyssenkrupp Materials UK has already put one of the Mercedes-Benz trucks into operation, with two more to follow at the end of the year. The move is part of the sustainability activities of the materials distribution and service provider, which has set itself the goal of becoming climate-neutral by 2030.

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5/24/24

Strategic network expansion: Pelagus 3D partners with Immensa to enter new markets

Pelagus 3D, a joint venture between thyssenkrupp Materials Services and Wilhelmsen in the field of additive manufacturing, has signed a Strategic Collaboration Agreement with Immensa, the largest digital manufacturing provider in the Middle East and North Africa (MENA) region. The partnership will develop spare parts for the maritime and energy industries in the Middle East and North Africa to expand its service offering and market presence in the region. With this step, Pelagus 3D is strategically developing its business, which until now has focused primarily on the maritime and offshore industries.

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5/8/24

Growth in North America: thyssenkrupp Materials Services opens steel service center in Texas

  • The location in Sinton, Texas, is the fourth steel service center in the USA.

  • The focus is on steel processing and supply chain management between steelworks and OEMs in a variety of market segments.

  • Investments of more than EUR 30 million will create additional capacity for increasing demand in the region.

thyssenkrupp Materials Services, one of the world's leading mill-independent materials distribution and service providers, celebrated the opening of its new steel service center in Sinton, Texas, on May 7, 2024. The company invested a total of EUR 30 million (approx. USD 32 million). The new location will be part of the network of the US unit thyssenkrupp Materials NA. A key objective of the new service center is to support the materials and supply chain management needs of manufacturing companies across multiple markets in the region and neighboring Mexico, which previously relied on materials with long transportation routes due to their geographic location. Previously, the nearest producing mill was over 700 miles (1,100 kilometers) away. Due to its geographic location, the Sinton site is an important strategic addition to the three existing steel service centers in Richburg, South Carolina; Woodstock, Alabama; and Detroit, Michigan. The move continues thyssenkrupp Materials Services' expansion in North America, where the company has invested more than EUR 100 million in the past two years.

"North America is an important growth market for us, which is why we are continuously expanding our position as a strategic partner to the automotive industry," said Martin Stillger, CEO of thyssenkrupp Materials Services, at the opening of the site. "With our new steel service center in Sinton, we are ensuring the flexible and reliable supply of high-quality materials to existing and new customers. In line with our 'Materials as a Service' strategy, we take over the efficient and secure management of supply chains, while our customers can concentrate on their core business."

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