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Home News ContiTech strategically reorganises conveyor belt business

ContiTech strategically reorganises conveyor belt business

by Staff Writer
January 16, 2017
in News
Reading Time: 2 mins read
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ContiTech has strategically reorganised its conveyor belt business to focus more on its industrial applications business in the future. For this purpose, the company has created the new segment, Industrial Belt Solutions. “Our conveyor belt portfolio for industrial applications is growing steadily. Service and digitalisation also offer the business further potential. Furthermore, many of our customers are merging into increasingly larger units, meaning that our way of thinking and working is taking on

ContiTech has strategically reorganised its conveyor belt business to focus more on its industrial applications business in the future.

For this purpose, the company has created the new segment, Industrial Belt Solutions.

“Our conveyor belt portfolio for industrial applications is growing steadily. Service and digitalisation also offer the business further potential. Furthermore, many of our customers are merging into increasingly larger units, meaning that our way of thinking and working is taking on new dimensions to meet their changing needs and requirements,” says Dr Michael Hofmann of the ContiTech Conveyor Belt Group, who has taken on the role of segment head.

ContiTech says it is combining its skills from the industrial business and expertise from the development of special conveyor belts, with the clear objective of catering for customers more purposefully and directly, focusing primarily on the raw materials processing industry; power and cement plants; steel manufacturers; port operators, and the recycling and wood industries.

With a portfolio of products comprising harvesters and work machines, the off-highway industry forms a second key pillar of the new segment.

ContiTech says that intelligent solutions for belt and temperature monitoring as well as planned and preventative maintenance, for example, open up additional opportunities for growth.

With products such as connection kits for conveyor belts, service materials and accessories, ContiTech is focusing on supporting its industry customers on site. “We will combine our skills in these areas to an even greater degree,” explains Hofmann, who, together with his segment, accounts for around one-third of the sales of ContiTech’s conveyor belt business.

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