
Photo courtesy of Terex Materials Processing
Terex Materials Processing (MP), a United Kingdom-based recycling equipment business unit of Connecticut-based Terex Corp., is highlighting sustainability aspects of the models it has on display at the ConExpo-Con/Agg 2023 trade fair in March in Las Vegas.
“Terex MP has transformed in recent years to solidify our position and respond to robust demand trends in each of our end markets,” says Kieran Hegarty, president of the business unit. “Visitors to our booth are seeing our broadened portfolio of equipment and investment in new technologies and innovative solutions that will help our customers operate their equipment safely, while achieving profitability, sustainability and superior returns.”
Regarding sustainability, Terex MP says it is making a positive impact to the environment through product innovation and environmental stewardship. Terex MP says 60 percent of its product offerings now have electric power options. This, says the firm, not only supports its “aggressive environmental social and governance (ESG) program on a global basis, but helps customers achieve their own ESG objectives.”
In addition to electrification, Terex MP is focused on growing its environmental processing equipment offerings—one the segment’s fastest-growing areas, in support of the circular economy, says Terex MP.
“The demands of our customers are constantly evolving and meeting their needs with a sustainable approach has been a core value of Terex,” says Hegarty. “Our latest product innovations support the circular economy, reduce greenhouse gas (GHG) emissions and offer alternative energy sources with electric and hybrid options.
Adds Hegarty, “This supports our customers in reducing carbon footprint globally. In operations, we have committed to a 15 percent reduction in GHG emissions and 15 percent reduction in global energy intensity by 2024.”
The company also has focused on growth through acquisition since the 2020 ConExpo. The additions include: Finland-based ZenRobotics Ltd., a producer of robotic sorting arms for recycling applications, last year; U.K.-based Steelweld Fabrications last year; and Canadian company ProAll, a maker of mobile concrete mixers, also last year. The firm also purchased a facility in China to bolster the presence of its Powerscreen brand of recycling trommels, apron feeders and conveyor systems in Asia.
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“Each of the acquisitions now operate as a stand-alone business alongside other brands within the Terex MP segment, while also benefiting from Terex MP’s broader market presence, as well as efficiencies enabled by its global scale and investments in areas such as sustainability, digital solutions, and factories of the future,” states the company.
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