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Umicore completes acquisition of cobalt refining and cathode precursor activities in Finland
Umicore announced today that it has completed the acquisition of the cobalt refining and cathode precursor activities in Kokkola, Finland, from Freeport Cobalt for an amount of $ 203 million on a debt and cash free basis (including approximately $…
515 years of service
On Friday, November 15, 2019, 14 employees of the materials technology and recycling group Umicore and the company Saxonia Technical Materials were honored for 40 and 25 years of service, respectively. The employees honored at the celebration for…
Umicore has signed a multi-year strategic agreement with Samsung SDI for the supply of close to 80,000 metric tonnes of high-performance NMC (Nickel Manganese Cobalt) cathode materials starting in 2020. The cathode materials will be supplied from…
Umicore inaugurated today its new production facility for fuel cell catalysts in SongDo Incheon City (Seoul area), Korea, close to Umicore’s technology development center for catalysts. The facility will support the growth of Hyundai Motors Group…
Half year results 2019
Umicore delivered a robust performance in the first half of 2019 with revenues amounting to € 1.6 billion and a recurring EBIT of € 240 million against a backdrop of challenging conditions in key industries and reduced consumer confidence,…
At a formal certificate presentation ceremony, Federal Minister for Family Affairs Dr. Franziska Giffey presented the berufundfamilie certificate to the materials technology and recycling group Umicore. The company received the award for the fifth…
Last Friday, the recycling and materials technology group Umicore celebrated the 10th anniversary of its in-house daycare center, “umikids world,” together with company representatives, employees, and their children. Since the daycare center opened…
Through this acquisition Umicore expands its integrated battery materials footprint Umicore announced today that it has reached an agreement to acquire Freeport Cobalt’s cobalt refining and cathode precursor activities in Kokkola, Finland, for a…
Formula E to work with Umicore to recycle the battery cells used to power the fully-electric racing cars The ABB FIA Formula E Championship has today announced a new partnership with Umicore - the Belgian materials technology and recycling group -…
Umicore reaches Horizon 2020 targets two years ahead of schedule and reaffirms upside potential
Record results in 2018
Umicore has been ranked 7th in the 2019 top 100 of the world’s most sustainable companies published by Corporate Knights, a research division focused on sustainable performance rankings. Umicore is also ranked number 1 globally among companies…
Umicore announced today that it will be expanding its production capacity for fuel cell catalysts in South-Korea to support the growth of Hyundai Motors Group as well as other automotive customers.