Synopsisthyssenkrupp, a titan in the industrial realm, embarks on a green transformation by uniting key business units under the Decarbon Technologies segment. CEO Miguel López spearheads this visionary shift while also launching the ambitious "APEX" program to bolster financial stability. With a focus on emerging technologies, thyssenkrupp adapts to a swiftly changing world, dissolving some segments for agility. Decarbon Technologies, with its four vital threads, takes center stage, ushering in an eco-friendly future. This transformation is not solitary; the "APEX" program is pivotal for financial success. Thyssenkrupp's odyssey signifies a renaissance in the green revolution.ArticleIn a strategic maneuver of paramount significance, industrial giant thyssenkrupp is poised to usher in a new era of environmental consciousness. The cornerstone of this monumental shift is the amalgamation of pivotal business units, including thyssenkrupp rothe erde (Business Unit Bearings), thyssenkrupp nucera, Uhde, and Polysius, under the banner of the newly established Decarbon Technologies segment. This audacious endeavor is set to take flight at the commencement of the fiscal year on October 1, 2023.At the heart of this transformation stands Miguel López, the captain of this newly formed segment and the incumbent CEO of thyssenkrupp. It's a dual role, a testament to the gravity of this endeavor, and a sign of unwavering determination.To infuse vitality into the corporate framework, thyssenkrupp has unfurled the "APEX" program. This ambitious initiative, spanning the entirety of the corporation, is dedicated to cultivating financial resilience and ensuring a consistent flow of dividends for its stakeholders. The program's lofty objective is to elevate the adjusted EBIT margin to the stratospheric realms of 4 to 6% at the group level, a feat that demands resilience amid tempestuous economic conditions.Miguel López, the visionary at the helm, provides insight into the grand symphony underway. He elucidates how thyssenkrupp, already equipped with cutting-edge technologies for curbing CO₂ emissions, is poised to unlock the latent potential of these enterprises, steering them towards growth anchored in value. In this grand endeavor, Decarbon Technologies emerges as the linchpin, the "green industrial powerhouse," while the "APEX" program acts as the catalyst fortifying and empowering each business entity.In the intricate mosaic of thyssenkrupp's transformation, the spotlight is squarely on emerging technologies and future-centric domains. The conglomerate seeks to realign its businesses toward these frontiers, positioning itself favorably in anticipation of the impending green revolution.Amidst this seismic transformation, the conglomerate streamlines its portfolio by dissolving Multi Tracks and Industrial Components segments. The remnants, such as Automation Engineering and Springs & Stabilizers, find their new home in the Automotive Technology segment, reflecting the agility to adapt and evolve in a swiftly changing world.The Decarbon Technologies segment, the nucleus of this transformational enterprise, houses approximately 15,000 employees and boasts a fiscal footprint of around 3 billion euros, pro forma, in the 2021/2022 fiscal year. Strategically headquartered in Dortmund, it is ideally situated for synergy with its constituent businesses. The reach of this segment extends to growth territories like the Middle East, marking an exploratory foray into uncharted domains.In the tapestry of Decarbon Technologies, four vital threads intertwine to form a compelling narrative. thyssenkrupp rothe erde leads the charge with cutting-edge bearings, an indispensable component for the energy turnaround. Green hydrogen, heralding a sustainable future, finds its champion in thyssenkrupp nucera, a stalwart in electrolysis plant manufacturing. Uhde, renowned for ammonia cracking and green ammonia production, stands ready to supply the building blocks for a climate-neutral future. Lastly, Polysius takes center stage in the eco-friendly transformation of the cement industry, with its pioneering oxyfuel plants.However, thyssenkrupp's transformation is not a solitary endeavor. The "APEX" program emerges as the cornerstone for achieving financial milestones, tasked with bridging gaps exacerbated by a challenging global milieu. This multifaceted initiative addresses areas like material costs, with each business shouldering the responsibility for its success.As the curtain rises on thyssenkrupp's metamorphosis, special attention is accorded to the Decarbon Technologies businesses. Notably, Polysius and Uhde embark on a trajectory of technological transformation, pivoting towards green products and services, promising sustainable profitability.Thyssenkrupp's journey is an odyssey of transformation, a testament to the power of visionary leadership and corporate resilience. It positions itself as a vanguard of the green revolution, and with the "APEX" program as its lodestar, the conglomerate charts a course towards a sustainable, prosperous future. It's not just a transformation; it's a renaissance.Conclusionthyssenkrupp's bold move to consolidate key business units under the Decarbon Technologies segment signifies a monumental step toward environmental consciousness and sustainability. CEO Miguel López's dual role as the captain of this transformation underscores its gravity.The "APEX" program, a sweeping initiative, aims to fortify the corporation's financial resilience amid economic uncertainties. Miguel López envisions the corporation's growth anchored in value, propelled by existing technologies for emissions reduction, with Decarbon Technologies at its core.
Synopsisthyssenkrupp, a titan in the industrial realm, embarks on a green transformation by uniting key business units under the Decarbon Technologies segment. CEO Miguel López spearheads this visionary shift while also launching the ambitious "APEX" program to bolster financial stability. With a focus on emerging technologies, thyssenkrupp adapts to a swiftly changing world, dissolving some segments for agility. Decarbon Technologies, with its four vital threads, takes center stage, ushering in an eco-friendly future. This transformation is not solitary; the "APEX" program is pivotal for financial success. Thyssenkrupp's odyssey signifies a renaissance in the green revolution.ArticleIn a strategic maneuver of paramount significance, industrial giant thyssenkrupp is poised to usher in a new era of environmental consciousness. The cornerstone of this monumental shift is the amalgamation of pivotal business units, including thyssenkrupp rothe erde (Business Unit Bearings), thyssenkrupp nucera, Uhde, and Polysius, under the banner of the newly established Decarbon Technologies segment. This audacious endeavor is set to take flight at the commencement of the fiscal year on October 1, 2023.At the heart of this transformation stands Miguel López, the captain of this newly formed segment and the incumbent CEO of thyssenkrupp. It's a dual role, a testament to the gravity of this endeavor, and a sign of unwavering determination.To infuse vitality into the corporate framework, thyssenkrupp has unfurled the "APEX" program. This ambitious initiative, spanning the entirety of the corporation, is dedicated to cultivating financial resilience and ensuring a consistent flow of dividends for its stakeholders. The program's lofty objective is to elevate the adjusted EBIT margin to the stratospheric realms of 4 to 6% at the group level, a feat that demands resilience amid tempestuous economic conditions.Miguel López, the visionary at the helm, provides insight into the grand symphony underway. He elucidates how thyssenkrupp, already equipped with cutting-edge technologies for curbing CO₂ emissions, is poised to unlock the latent potential of these enterprises, steering them towards growth anchored in value. In this grand endeavor, Decarbon Technologies emerges as the linchpin, the "green industrial powerhouse," while the "APEX" program acts as the catalyst fortifying and empowering each business entity.In the intricate mosaic of thyssenkrupp's transformation, the spotlight is squarely on emerging technologies and future-centric domains. The conglomerate seeks to realign its businesses toward these frontiers, positioning itself favorably in anticipation of the impending green revolution.Amidst this seismic transformation, the conglomerate streamlines its portfolio by dissolving Multi Tracks and Industrial Components segments. The remnants, such as Automation Engineering and Springs & Stabilizers, find their new home in the Automotive Technology segment, reflecting the agility to adapt and evolve in a swiftly changing world.The Decarbon Technologies segment, the nucleus of this transformational enterprise, houses approximately 15,000 employees and boasts a fiscal footprint of around 3 billion euros, pro forma, in the 2021/2022 fiscal year. Strategically headquartered in Dortmund, it is ideally situated for synergy with its constituent businesses. The reach of this segment extends to growth territories like the Middle East, marking an exploratory foray into uncharted domains.In the tapestry of Decarbon Technologies, four vital threads intertwine to form a compelling narrative. thyssenkrupp rothe erde leads the charge with cutting-edge bearings, an indispensable component for the energy turnaround. Green hydrogen, heralding a sustainable future, finds its champion in thyssenkrupp nucera, a stalwart in electrolysis plant manufacturing. Uhde, renowned for ammonia cracking and green ammonia production, stands ready to supply the building blocks for a climate-neutral future. Lastly, Polysius takes center stage in the eco-friendly transformation of the cement industry, with its pioneering oxyfuel plants.However, thyssenkrupp's transformation is not a solitary endeavor. The "APEX" program emerges as the cornerstone for achieving financial milestones, tasked with bridging gaps exacerbated by a challenging global milieu. This multifaceted initiative addresses areas like material costs, with each business shouldering the responsibility for its success.As the curtain rises on thyssenkrupp's metamorphosis, special attention is accorded to the Decarbon Technologies businesses. Notably, Polysius and Uhde embark on a trajectory of technological transformation, pivoting towards green products and services, promising sustainable profitability.Thyssenkrupp's journey is an odyssey of transformation, a testament to the power of visionary leadership and corporate resilience. It positions itself as a vanguard of the green revolution, and with the "APEX" program as its lodestar, the conglomerate charts a course towards a sustainable, prosperous future. It's not just a transformation; it's a renaissance.Conclusionthyssenkrupp's bold move to consolidate key business units under the Decarbon Technologies segment signifies a monumental step toward environmental consciousness and sustainability. CEO Miguel López's dual role as the captain of this transformation underscores its gravity.The "APEX" program, a sweeping initiative, aims to fortify the corporation's financial resilience amid economic uncertainties. Miguel López envisions the corporation's growth anchored in value, propelled by existing technologies for emissions reduction, with Decarbon Technologies at its core.
