Thyssenkrupp Reviews Plan to Wean Itself Off Fossil Fuels
The company has been trying to turn the fortunes of its steel business around while making operations more sustainable, an effort complicated by rising costs and market conditions.
Germany's Thyssenkrupp reviews green steel production plans, shares fall
Germany's Thyssenkrupp said on Monday it is reviewing its plans for the production of green steel, casting doubt over its ambitions to use hydrogen in its push to decarbonise what is one of the most polluting industrial processes.
Thyssenkrupp reviewing 'green transformation' after cost report
Investors were spooked when the German industrial giant announced it was reviewing its plans for the production of green steel.That statement came after a report Sunday it was considering halting a major decarbonisation project.
Thyssenkrupp Shares Fall as Green Steel Plan Under Review
The company said its steel decarbonization effort was under review after the its steel business warned last month that its plan for its site in Duisburg, Germany, could cost more than envisioned.
Thyssenkrupp May Scrap Green Steel Project, Handelsblatt Says
Thyssenkrupp is carrying out a review of its plans for a green steel project that may lead to its eventual cancellation, Handelsblatt reported, citing internal documents.
Thyssenkrupp sticks to steel spin-off plans following court judgement
German industrial group Thyssenkrupp reaffirmed its intention to establish its steel division as an independent entity on Friday, following a court ruling. It issued the statement after the European Court of Justice (ECJ) published a ruling upholding a 2019 European Commission ban on a merger between Thyssenkrupp's steel division and the European steel business of the Indian company Tata Steel.
Germany's Thyssenkrupp reviewing green steel production plans
Germany's Thyssenkrupp said it is reviewing its plans for the production of green steel following a report on Sunday that it was considering halting a major decarbonisation project. The crisis-ridden conglomerate said it is reviewing the plan for its steel division,
German steel company Thyssenkrupp may rethink plans for green steel
Thyssenkrupp is revisiting its ambitious plan to produce green steel at its Duisburg site due to escalating costs. The German government has spent billions of Euros subsidising the project. View on eu
EQS-AFR: thyssenkrupp nucera AG & Co. KGaA: Preliminary announcement of the publication of quarterly reports and quarterly/interim statements
EQS Preliminary announcement financial reports: thyssenkrupp nucera AG & Co. KGaA / Preliminary announcement on the ...
Thyssenkrupp Loses Court Bid to Topple EU’s Tata Deal Veto
Thyssenkrupp AG lost a European Union court fight to overturn an antitrust veto of its plans for a European steel joint ...
Thyssenkrupp Warns Nearly 30,000 Steel Workers To Prepare For 'Tough Cuts'
German conglomerate Thyssenkrupp is warning nearly 30,000 steel workers to brace for layoffs, according to a report Saturday.
thyssenkrupp nucera Receives HBJ Best Places to Work Award
"Achieving this honor is particularly meaningful as it stems directly from our employees’ insights," said Sachin Nijhawan, CEO of thyssenkrupp nucera USA. "In today's competitive landscape, it’s vital ...
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Thyssenkrupp loses appeal against EC veto on Tata Steel joint venture
Thyssenkrupp has lost its fight against an anti-trust ruling by European Commission on its proposal for a joint venture with ...
Thyssenkrupp Says It Is Keeping to Current Strategy After Break-Up Report
Thyssenkrupp said it is keeping with its current portfolio strategy after a report by German online newspaper Handelsblatt said the German industrial company was pursuing a break-up of its group of ...