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The Beginnings
The Second Generation
At the age of 26, Max Polysius joined the company management team. At the same time, the legal form of the company was changed to a general partnership. Through this step the brothers documented that they had no need for outside capital or shareholders.
On 1st July 1928, the legal form of the company was changed to a joint stock company. The shares were all held by members of the family.
Otto and Max Polysius both hold seats on the Supervisory Board. The third generation of Polysius men now forms the company's Board of Management. With his threes sons Gustav, Otto II and Walter, Otto Polysius' family is strongly represented. They were joined by Gottfried Karl, Max Polysius' only son.
On 7th March, 1945 English bomber squadrons destroyed the town of Dessau and the Polysius AG company buildings were largely razed to the ground. Two month later the G. Polysius AG was the first company in Dessau to receive the Allied military government's permission to resume activities.
After the Russians took over the occupation from the Americans, the legal form of the company was altered to that of a Sovjet joint stock company (SAG) in 1946.
The Polysius company came through the Fascist years under the management of the third generation. This consisted of Otto’s and Max's son, and Max’s son-in-law Dr. Alexander Hasselbach. After the death of Dr. Otto Polysius, Gustav Polysius became managing director and was in charge of the company until his tragic death in 1947. Walter Polysius had already died in 1931.
Westpol GmbH and Polysius GmbH
Bernd Helming joined Dr. Curt Prüssing in the company management. The interim name Westpol GmbH was changed on 25th February to Polysius GmbH.
The first complete cement plant was delivered to Syria. Within the next six years eight new factories or factory extensions were to follow. Furthermore, the Polysius office building at Graf-Galen-Straße 17 was constructed. Building work for a test plant facility commenced in March. The good name of Polysius regained its old renown and re-established itself step by step on the world market.
In order to remain competitive, the company had to install bigger and bigger units. As the value of each individual order rose but the number of orders awarded worldwide continuously decreased. Furthermore, the demand for complete plants tied-up capital to a hitherto unknown extent and involved a large number of technological and commercial risks.
It became obvious to the owners of Polysius that sooner or later the demands imposed on the financial liquidity of the company would exceed the capabilities of a family-owned enterprise. There was only one solution for the Polysius family: a cooperation with a strong partner! The owners of Polysius brought in the Fried. Krupp GmbH in Essen as a shareholder. In 1971 they took over the majority of the capital.
"The cooperation with Fried. Krupp GmbH means a strengthening of our position on the world market and contributes to the further successful development of our company."
In 1992 the company was incorporated into the Krupp plant engineering division, as part of the group structure of Fried. Krupp AG Hoesch-Krupp.
Another important milestone was set in 1999, when Fried. Krupp AG Hoesch-Krupp merged with the Thyssen Group to form ThyssenKrupp AG, placing Polysius in an even stronger position to master the challenges of the future.
At the start of the new millennium another mainstay, Service, was built up in the company’s business structure. In 2008 the first service center opened its doors in Peru.
Celebrating 150 Years - Engineering made by Polysius.
Furthermore, CemCAT, the specialist for SCR for the cement industry, was founded.
Every year more than four billion tons of cement are produced worldwide. In 2018 thyssenkrupp Industrial Solutions launched the green technology solutions. With the vision of the green cement plant thyssenkrupp Industrial Solutions turns conventional into greener and more sustainable cement plants. #grey2green
Another achievement marks the launch of the Digital and AI solutions.
In addition, the devision into standalone business units with end-to-end responsibility - CEM and MIN - took place.
Completion of the largest cement plant in our company history YAMAMA.