ContiTech Strategically Reorganizes Conveyor Belt Business for Industrial Applications
ContiTech has strategically reorganized its conveyor belt business to focus more on its industrial applications business in the future. For this purpose, the conveyor belt specialist has created the new segment, Industrial Belt Solutions. “Our conveyor belt portfolio for industrial applications is growing steadily. Service and digitalization 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 (Fig. 1), who has taken on the role of segment head, and who, together with his segment, accounts for around a third of the sales of ContiTech’s conveyor belt business (Fig. 2).
ContiTech is therefore combining its skills from the industrial business and expertise from the development of special conveyor belts. The clear objective of the new industrial segment in the conveyor belt business is to cater for customers more purposefully and directly, focusing primarily on the raw-material-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.
Intelligent solutions, for belt and temperature monitoring as well as planned and preventative maintenance for example, open up additional opportunities for growth. In the future, new digital offerings will offer customers a greater choice, therefore also supporting sales. With products such as connection kits for conveyor belts, service materials and accessories, ContiTech is focusing on supporting its industry customers on site.
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