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Company News, 2006-10-31, 11:00 AM

ThyssenKrupp MinEnergy acquires AT.PRO tec

ThyssenKrupp MinEnergy GmbH, Essen, a ThyssenKrupp Services AG company, has retroactively as of August 1, 2006, acquired a 61-percent stake in the Gelsenkirchen-based AT.PRO tec Technologie-Team GmbH.

This latter will in future continue its business from Essen under the name of ThyssenKrupp AT.PRO tec. The remaining stake is held by company management that will stay in this function.

Founded in 2000, AT.PRO tec specializes in consultancy, engineering and optimization of metallurgical production processes in metal industry. AT.PRO tec also markets a series of pan-European patented processes for upgrading furnace performance.

Meriting special mention is SIP (Sequence-Impulse-Technology). Resources efficiency increase during simultaneous operating cost lowering, a broad power spectrum as well as maximum flexibility of the processing are thereby the crucial arguments for the use of the SIP technology at kupol and shaft furnaces, which are already optimized with oxygen injection via special jets. The process is already being successfully used at a number of foundries. ThyssenKrupp AT.PRO tec is marketing the system worldwide.

"The acquisition has extended our capabilities in line with our objectives," states a confident Kai-Norman Knötsch, CEO at ThyssenKrupp MinEnergy. "Given the rising raw material and fuel prices, the metal-producing industry finds itself exposed to enormous cost pressures. Through our longstanding contacts with the foundries we are well aware that our customers have vast potential for introducing new technologies. The joint systems expertise of ThyssenKrupp MinEnergy and AT.PRO tec will enable them to further upgrade their efficiency while reducing costs."

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