Latest news with #thyssenkruppnucera
Fibre2Fashion
26-07-2025
- Automotive
- Fibre2Fashion
TGV SRAAC expands Kurnool plant with thyssenkrupp tech
Indian caustic soda major TGV SRAAC Ltd. (formerly Sree Rayalaseema Alkalies and Allied Chemicals Ltd.) has commissioned thyssenkrupp nucera to expand its chlor-alkali plants in Kurnool in the Indian state of Andhra Pradesh. The package includes supply of proprietary cell elements, while the engineering covers the cell room with electrolyzers and associated equipment. Considering the high-energy efficiency of the technology of one of the worldwide leading suppliers of electrolysis technology, TGV SRAAC has now selected thyssenkrupp nucera's latest generation BiTAC technology for chlor-alkali electrolysis. The eBiTAC v7 for highly-efficient production of caustic soda using the proven BiTAC bipolar ion exchange membrane process electrolyzer, enables energy consumption at low levels. TGV SRAAC Ltd has selected thyssenkrupp nucera to expand its chlor-alkali plant in Kurnool, Andhra Pradesh, increasing caustic soda capacity by 50 per cent from 1,000 to 1,500 tons/day. The project uses thyssenkrupp's energy-efficient eBiTAC v7 electrolysis technology. This milestone strengthens a partnership that began in 2004 and reinforces commitment to innovation and efficiency. With this safe, proven, and energy-efficient technology, the flagship company of the Indian TGV Group is increasing the production capacity for caustic soda at its plant in Kurnool by 50 percent from the current 1,000 tons per day to 1,500 tons per day. After the expansion of the plant, TGV SRAAC will be able to produce a total of approximately 500,000 tons of caustic soda per year. 'This is a watershed project for us, especially since it involves expanding our plant significantly. We are convinced of the merits of thyssenkrupp nucera's technology, and eagerly look forward to them delivering a state-of-the-art plant,' says T.G. Venkatesh, Chairman of the TGV Group. The collaboration in the field of chlor-alkali electrolysis between thyssenkrupp nucera and TGV SRAAC, as well as the former Sree Rayalaseema Alkalies and Allied Chemicals Ltd., spans more than two decades. It began in 2004 when thyssenkrupp nucera's bipolar membrane (BM) electrolyzezs were used in the expansion of the chlor-alkali plant at that time. The German electrolysis specialist then repeatedly supported the expansion of production capacities with its chlor-alkali technology. 'We thank the customer for the faith reposed in us. The project is a testimony of our capabilities and commitment to innovation. It also symbolizes the excellent synergies we have in our group, with our China Office collaborating with our India office to support the customer for this project,' says Dr. Roland Beckmann, Executive Director Chlor-Alkali thyssenkrupp nucera. Kiran Joseph, CEO (a.i.) and CFO of thyssenkrupp nucera India , adds: 'We are honored to have been selected to implement this prestigious project, and our team looks forward to beginning implementation. We have always prided ourselves on our ability to offer 'under-one-roof' solutions including after-sales services for the Chlor-Alkali industry'. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. ALCHEMPro News Desk (HU)
Fibre2Fashion
28-06-2025
- Business
- Fibre2Fashion
Thyssenkrupp nucera bags $17.65 mn deal for BCI's Jubail expansion
thyssenkrupp nucera has received a news order in the field of chlor-alkali technology. Chemical Marketing and Distribution Company (CMDC), part of Basic Chemical Industries Company (BCI), has commissioned thyssenkrupp nucera to implement the next expansion phase of its chlor-alkali plant in Jubail Industrial City. The leading international provider of electrolysis technologies will supply its energy-efficient and environmentally friendly membrane technology. BCI is one of the largest chemical companies in the Kingdom of Saudi Arabia, and has been listed on the Saudi Stock Exchange (TASI) since 2008. The contract, valued at approximately EUR 15 million (~$17.65 million), covers the supply, delivery, and provision of equipment, spare parts, and engineering services for the expansion. Using the latest BM2.7 single-element generation from thyssenkrupp nucera, chemical plants benefit from improved energy efficiency and performance through innovative, energy-saving design elements. Thyssenkrupp nucera has secured a €15 million (~$17.65 million) contract from CMDC, part of BCI, to expand its chlor-alkali plant in Jubail, Saudi Arabia. The deal includes equipment, spares, and engineering services using nucera's energy-efficient BM2.7 membrane tech. This builds on a decade-long partnership, enhancing BCI's production and market position. Over the past five decades, BCI, headquartered in Dammam, has grown into one of the Kingdom's leading private chemical companies, supplying a wide range of industries with organic and inorganic specialty chemicals and technical services. The collaboration between BCI and thyssenkrupp nucera spans more than ten years. In 2013, BCI signed its first contract with the predecessors of thyssenkrupp nucera for the Dammam chlor-alkali plant, followed by another in 2017 for the first phase of the Jubail project. The plant produces caustic soda, sodium hypochlorite, hydrochloric acid, and liquid chlorine, serving local markets, exports, and specialized needs, such as chlorine for water treatment. 'BCI is a highly successful chemical company – and by using our cutting-edge chlor-alkali membrane technology, they are strengthening their market position. This new contract in Jubail marks another milestone in our long and successful partnership with BCI in Saudi Arabia', says Dr. Gerhard Henssen, CEO of thyssenkrupp nucera Italy SRL. Fibre2Fashion News Desk (HU)
Fibre2Fashion
17-06-2025
- Business
- Fibre2Fashion
KMCI starts chlor-alkali plant in Yeosu using thyssenkrupp nucera tech
Kumho Mitsui Chemicals (KMCI) has enhanced its production process of Methylene Diphenyl Diisocyanate (MDI) by utilizing the latest generation e-BiTAC v7 electrolyzer technology from thyssenkrupp nucera. The supplier of world-leading technologies for high-efficiency electrolysis plants designed and supplied a chlor-alkali plant for KMCI in Yeosu, South Korea with a capacity of 60,000 tons per year of chlorine production. Recently, the operation of the plant has been started successfully. Kumho Mitsui Chemicals has started a new chlor-alkali plant in Yeosu using thyssenkrupp nucera's e-BiTAC v7 electrolyser technology to produce 60,000 tons of chlorine yearly for MDI production, reducing reliance on imports. The plant recycles by-product brine, cutting effluent and environmental impact while supporting eco-friendly, cost-effective operations. KMCI, a South Korean petrochemical company and a world-leading polyurethane maker, will use the produced chlorine for MDI production – replacing imported raw material of chlorine. MDI is an essential raw material for production of Spandex, TPU (Thermoplastic polyurethane), synthetic leather, shoes, paints, coating, adhesives, and various elastomers. Furthermore, the chlor-alkali plant will recycle by-product brine from MDI production which is usually discharged as effluent. This enables KMCI to comply with stringent environmental regulations on industrial effluent in a cost effective manner and to reduce their environmental footprint. 'The start-up of our new chlor-alkali plant is an important step to expand our production capacities and to secure an independent supply of MDI without importing chlorine. It also underlines our commitment to supplying eco-friendly products,' says Kwon Hyung Seob General Manager of KMCI. thyssenkrupp nucera initially supplied a lab cell facility as a pilot test and verified the technical feasibility for operating the chlor-alkali plant with waste brine from MDI process. Afterwards, in 2021, the electrolyzer specialist was awarded an EP contract to design and supply the entire chlor-alkali plant. 'Once again, our proven electrolysis technology made an important contribution to our clients' path to improve their production processes and reduce their environmental footprint. By recycling by-product brine, KMCI and thyssenkrupp nucera have jointly addressed one of the major concerns of the polyurethane industry,' says Akira Shigeta, CEO of thyssenkrupp nucera Japan. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
The Market Online
06-06-2025
- Business
- The Market Online
Greentech is now exploding – a 300% comeback for hydrogen? nucera, dynaCERT, Plug Power and Nel ASA
Although the US administration under Donald Trump does not think much of climate change, the outlook for the hydrogen sector is improving all the time. This is because it is no longer the US setting the tone but Europe and Asia. Global efforts to make local transport cleaner and more sustainable are now also reaching the transport, logistics, and mining industries. There is still enormous potential for improvement here in terms of reducing climate-damaging emissions. Innovative technologies such as those developed by dynaCERT (TSX:DYA) are now well-known in the market. Therefore, decision-makers in public office will no longer be able to avoid discussing these issues if they want to remain in their positions in the coming years. The public pressure to combat negative climate change globally is increasing. Forward-looking investors should start positioning themselves now. thyssenkrupp nucera – Major order gives cause for hope A major player in electrolyser technology is thyssenkrupp's hydrogen subsidiary, nucera. After a successful IPO in 2023 at EUR 20, the share price initially slumped to EUR 8, but the outlook now appears to be improving steadily. nucera is to develop a comprehensive front-end engineering and design study (FEED) for a pioneering hydrogen project in Europe. This future-oriented project involves the construction of a large-scale water electrolysis plant with a nominal capacity of around 600 MW. The client has not yet been disclosed, but such a scale highlights thyssenkrupp nucera's ambitions to get off to a flying start with innovative solutions. This project also marks a significant step toward an environmentally friendly energy future in the EU, and further inquiries are likely to follow. Although a decision on the specific order volume will not be made until 2026, preliminary work is already underway. The share price has returned to the upper end of the range between EUR 8.00 and EUR 11.00, where it has been trading for a year. All that is missing now is a break above the resistance level of EUR 11.50, after which higher targets can be set again. Compared to other hydrogen stocks, nucera has already proven in the past that it can operate profitably. dynaCERT – A small spark can ignite big momentum There has already been a lot of buzz around dynaCERT. The Canadian hydrogen specialist is considered a technology supplier for large diesel engines across all commercial segments. With its in-house hydrogen retrofit devices under the name HydraGEN™, diesel combustion processes can be optimized to such an extent that, depending on usage, fuel savings of between 5 and 15% can ultimately be achieved. In fall 2024, the coveted VERRA certificate was obtained, meaning that dynaCERT customers will also receive credits for emission certificates if they report their driving logs to dynaCERT accordingly. The rollout of the latest retrofit devices is now on schedule. Following the 'bauma 2025' trade fair in Munich, pre-production of 1,000 units has already been completed in order to meet growing demand as quickly as possible. With a manageable investment of around CAD 6,000 per unit, valuable fuel can be saved. For public transport companies, logistics providers, and construction machine operators of all kinds, large-scale carbon reductions are a critical ESG issue for the future of their corporate mission and, simultaneously, a door opener for a sustainable customer base. In 2024, investor Eric Sprott already invested CAD 14 million at around CAD 0.50 per share; currently, the share price is hovering between CAD 0.14 and CAD 0.16. The reason: the wait for certification took nearly two years. Many investors lost patience and sold in line with the downward industry trend. But now, the signs have turned positive. With a German management team on board, industrial capacity expansion is proceeding exactly according to plan, so initial revenue successes should soon be announced. In addition, the stock has been listed on the OTCQB Venture Market in the US since June. Liquidity is likely to increase sharply soon – time to get in! Nel ASA and Plug Power – Is this the start of a turnaround? There has been a lot of movement in industry in recent days. After three years of total losses of up to 95%, the protagonists Nel ASA and Plug Power made their first attempts at bottoming out in May. For Plug Power, it was the announcement of a new production record in Georgia: 300 tons of liquid hydrogen were produced there in April. In Calistoga, California, Plug Power delivered six hydrogen fuel cells for a new emergency power system. This system replaces diesel-powered generators and can supply the city with clean electricity for up to 48 hours – especially during planned power outages aimed at reducing wildfire risks. The Q1 figures were not encouraging, with net losses of USD 196 million on revenues of USD 133.7 million. A cost-cutting program is now expected to save over USD 200 million annually. Despite the ongoing operational woes, 6 out of 25 analysts on the LSEG platform still recommend buying Plug Power shares. The average 12-month price target is USD 1.86 – a chance for speculative investors to double their money! Investors appear to have lost interest in Nel ASA. Here, too, the ongoing slump in orders is weighing on the Company, which is currently implementing another restructuring program. Not a single expert on LSEG is now recommending the stock as a buy. At EUR 0.21, the share is still 20% above its all-time low of EUR 0.166. There is no sign of an upward trend yet, but at least the major losses now seem to be over. Keep an eye on the price display to react quickly when momentum picks up! Over the past 12 months, thyssenkrupp nucera and dynCERT have already made progress on their path upward. Nel ASA and Plug Power are still working intensively on their turnaround. (Source: LSEG as of June 5, 2025) The stock markets are moving from one high to the next. While defense and precious metal stocks have recently been shining, hydrogen stocks are now also coming into play. However, there is still a long way to go before losses are recouped. dynaCERT has positioned itself perfectly at Bauma in Germany to supply the international transport, local transport, and mining industries with energy-saving solutions. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This is sponsored content issued on behalf of Apaton Finance GmbH and dynaCERT, please see full disclaimer here.
Yahoo
18-05-2025
- Business
- Yahoo
Analysts Have Made A Financial Statement On thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) Second-Quarter Report
It's been a sad week for thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2), who've watched their investment drop 12% to €8.73 in the week since the company reported its second-quarter result. Revenues were €216m, with thyssenkrupp nucera KGaA reporting some 2.0% below analyst expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Following the recent earnings report, the consensus from eleven analysts covering thyssenkrupp nucera KGaA is for revenues of €895.7m in 2025. This implies a discernible 7.6% decline in revenue compared to the last 12 months. Statutory earnings per share are expected to nosedive 62% to €0.072 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €890.3m and earnings per share (EPS) of €0.072 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. Check out our latest analysis for thyssenkrupp nucera KGaA It will come as no surprise then, to learn that the consensus price target is largely unchanged at €12.30. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on thyssenkrupp nucera KGaA, with the most bullish analyst valuing it at €17.00 and the most bearish at €8.50 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 15% by the end of 2025. This indicates a significant reduction from annual growth of 33% over the last year. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.0% per year. It's pretty clear that thyssenkrupp nucera KGaA's revenues are expected to perform substantially worse than the wider industry. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for thyssenkrupp nucera KGaA going out to 2027, and you can see them free on our platform here. Even so, be aware that thyssenkrupp nucera KGaA is showing 1 warning sign in our investment analysis , you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
