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thyssenkrupp's plant engineering business won a second order from Turkish packaging producer KÖKSAN to build a PET plant next to an existing line in Gaziantep. The plant will double site capacity to 432,000 tons of PET resin per year, with completion planned for 2022.
Thyssenkrupp has expanded its camshaft unit in Poços de Caldas, Minas Gerais, Brazil, to meet rising automotive demand, as reported on 25 June 2019. The plant was opened in late 2015 and has 20 robots.
thyssenkrupp commissioned the world's first commercial plant using its PLAneo technology to make polylactide bioplastic in Changchun, China. The plant is operated by Jilin COFCO Biomaterial, a COFCO subsidiary, and started production in October 2018.
Germany's Thyssenkrupp and India's Tata Steel have notified the European Commission of a planned steel joint venture. The deal is under EU merger review with a deadline of October 30, 2018.
Tata Steel and ThyssenKrupp announced a merger of their European steel operations as a 50/50 joint venture. The article does not give a deal value.
thyssenkrupp announced a plant in Debrecen, Hungary, for coil springs and stabilizers, with construction starting in spring 2017 and production from 2018. The roughly EUR 35 million investment is expected to create around 250 jobs by 2020.
Thyssenkrupp plans to produce springs and stabilizers at a new plant in Pinghu, China, according to an Automotive News report dated 2017-01-26.
