ADNOC partners with thyssenkrupp Uhde on ammonia cracking facilities

ADNOC partners with thyssenkrupp Uhde on ammonia cracking facilities

The Abu Dhabi National Oil Company (ADNOC) has collaborated with thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group, to create new markets for clean hydrogen and encourage global clean energy value chains. The partnership will develop large-scale ammonia cracking facilities with thyssenkrupp uhde reformer technology to extract hydrogen from ammonia after transportation. The agreement will […]

thyssenkrupp divests AST stainless steel mill in Italy to Arvedi

thyssenkrupp divests AST stainless steel mill in Italy to Arvedi

German conglomerate thyssenkrupp (tk) said that it has sold the Acciai Speciali Terni (AST) stainless steel mill in Italy to Italian company Arvedi for an undisclosed price. The deal, which includes the associated sales organization in Italy, Germany, and Turkey, is part of thyssenkrupp’s realignment. Subject to approval by thyssenkrupp’s supervisory board and merger control […]

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Indian steel company Tata Steel and German multinational conglomerate thyssenkrupp have signed agreements to merge their European steel businesses – Tata Steel Europe and thyssenkrupp Steel Europe, respectively into a new company to be named as thyssenkrupp Tata Steel. The new steel business joint venture to be headquartered in the Amsterdam region in the Netherlands […]