The three-year technology-based partnership is a landmark for the FIA Formula E Championship. Through this partnership, Umicore and Mahindra Racing show that top electric car racing performance can be achieved using alternative energy sources,…
Umicore recorded a strong performance in the first half of 2017 generating revenue and earnings growth in all segments. Revenues excluding discontinued operations were up by 13% while recurring EBIT was up by 26%. The most significant growth was…
Umicore announced today that is has reached an agreement to acquire the heavy duty diesel and stationary catalyst businesses of Haldor Topsoe for an enterprise value of DKK 900 million (approx. EUR 120 million) plus an earn-out.
Revenues from continued operations increased 13%, reflecting strong growth particularly in activities related to clean mobility.
In Catalysis, revenues increased by 9%, largely driven by growth in sales of automotive catalysts for both light-duty…
Umicore announced today an investment programme of € 300 million between 2017 and 2019 to further increase its production of NMC (nickel-manganese-cobalt) cathode materials for lithium-ion rechargeable batteries. NMC is the preferred cathode…
Umicore today announced the acquisition of the combined 50% shareholdings of Samkwang Glass Ind. Co., Ltd. and OCI Company Ltd. in the South Korean automotive catalyst joint venture, Ordeg Co. Ltd. for € 82 million (KRW 100 billion). Umicore –…
Revenues and recurring EBIT from continued operations were up 3% and 7% respectively. Revenues for the Group including iscontinued operations were up 1% and recurring EBIT increased by 6%. Strong growth in Automotive Catalysts and Rechargeable…
Today Umicore officially opened its new production plant for emission control catalysts in Rayong, Thailand. The plant produces automotive catalysts for gasoline and diesel light duty vehicles, serving customers in Southeast Asia.
Umicore has acquired from 3M the ownership of three Nickel Manganese Cobalt (NMC) patent families for cathode materials that are the reference in a wide range of lithium ion rechargeable batteries.
The U.S. International Trade Commission (ITC) today issued notice of its decision relating to the patent infringement complaint brought against Umicore by BASF and University of Chicago Argonne National Laboratory. Umicore strongly disputes the…
Umicore, the global materials technology and recycling group, today unveiled annual third-party verification for its Sustainable Procurement Framework for cobalt. Umicore was the first company in the world to have introduced such a framework for…