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Umicore

@umicore.com

Umicore is a leading circular materials technology company with an extensive expertise in the fields of material science, chemistry and metallurgy.

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Umicore, headquartered in Brussels, Belgium, is a multinational materials technology company that focuses on sustainable processes and products. The company was founded in 1805 as a zinc smelting and refining business, and it has since evolved into a globally renowned provider of materials and recycling solutions. Umicore's headquarters are based in Brussels, Belgium, where the company was originally established.


The headquarters serve as a central hub for Umicore's operations, research and development, and corporate functions. The company offers a wide range of products and services across various industries. Its main business divisions include Catalysis, Energy & Surface Technologies, and Recycling.


Umicore's Catalysis division provides catalysts for several applications, including automotive catalytic converters. The Energy & Surface Technologies division specializes in materials for rechargeable batteries, fuel cells, and electronic devices. Additionally, Umicore's Recycling division focuses on recycling precious metals from various sources, such as electronic waste and automotive catalysts.


Umicore operates on a global scale, with production sites, research centers, and sales offices spread across Europe, Asia, North America, and South America. The company has several noteworthy subsidiaries, joint ventures, and partnerships. For instance, Umicore has a joint venture with BASF called Nornickel Harjavalta, which focuses on the production of cathode materials for electric vehicles.


Umicore also collaborates with various automakers to develop sustainable solutions for e-mobility. In terms of market position, Umicore is a leader in many of its areas of expertise. The company is one of the world's largest producers of automotive catalysts and is highly regarded for its sustainability initiatives and commitment to circular economy principles.


Umicore faces competition from other global players in the materials technology industry, but its strong focus on innovation and sustainable practices helps maintain its position as a key player. Umicore has undergone significant changes in recent years to align with evolving market demands. The company has expanded its operations in the electric vehicle market, investing in research and development to develop cutting-edge battery materials.


Umicore also launched a new segment, Recycling & Precious Metals Services, to strengthen its position as a leading recycler of precious metals. As of the latest updates, Umicore continues to invest in capacity expansions and research and development initiatives to support sustainable growth. The company remains committed to its vision of becoming the world leader in clean mobility materials and recycling solutions.


In conclusion, Umicore is a Belgian materials technology company with a rich history and a global presence. Its commitment to sustainability, diverse product portfolio, and strategic partnerships position it as a leader in the industry. The company's continuous focus on innovation and growth ensures its relevance in the evolving global landscape

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Company Type

Public Company

Company Size

10,001+

Year Founded

1805

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