It will trade under the name ThyssenKrupp Uhde Chlorine Engineers and is operational with immediate effect. The new company combines the electrolysis business of the two companies under the managerial control of ThyssenKrupp Industrial Solutions, the majority shareholder. The shareholder board consists of seven members, three of which are from De Nora. The plan to create a joint venture had been announced on November 2013 but was subject to approval by the supervisory bodies and the relevant antitrust authorities.
An increased global presence will be achieved by combining and harmonizing the worldwide capabilities for engineering, procurement and construction of electrolysis plants as well as technical support and sales. The new global setup will be rolled out during the next months. The company is headquartered in Dortmund and its main entities are based in Okayama, Tokyo, Shanghai, Milan and Houston.
Dr. Sami Pelkonen, CEO of ThyssenKrupp Uhde Chlorine Engineers: “We are fully committed to innovation. Customer needs and local trends of the global market will drive the further development of our technologies and services.” It is intended to achieve annual sales in the mid three-digit million euro range.
Paolo Dellachà, CEO of De Nora: “This new joint venture will take the already proven cooperation between our two companies to a new level. We will be able to respond better and faster to our customers regardless of the technology they employ and the country where the support is required.”
ThyssenKrupp Uhde Chlorine Engineers will continue all existing electrolysis processes of the two companies, including, for example, the filter press-based BiTAC® process from Chlorine Engineers, all generations of single-element technology developed by UHDENORA/Uhde and the HCl ODC and NaCl ODC technologies. Another key area of the activities will be the development of water electrolysis for hydrogen production for the efficient intermediate storage of renewable energy.
ABOUT THYSSENKRUPP INDUSTRIAL SOLUTIONS
A full range of specialist engineering and construction services and a shipbuilding history stretching back centuries are the strengths of the ThyssenKrupp Industrial Solutions business area. High-quality engineering is at the center of our success. Global project management skills, first-class system integration expertise, reliable procurement and supplier management, and a service offering meeting the highest standards form the basis for lasting customer satisfaction. Around 19,000 employees at over 70 locations form a global network with a technology portfolio that guarantees maximum productivity and cost-efficiency.
Form more information: www.thyssenkrupp-industrial-solutions.com