Umicore Overview
Umicore is a leading circular materials technology company with an extensive expertise in the fields of material science, chemistry and metallurgy. The company overriding goal of sustainable value creation is based on the ambition to develop, produce and recycle materials in a way that fulfils their mission: "materials for a better life". The company divides its operations into four divisions: Energy Materials, Recycling, Catalysis, and Performance Materials. The Energy Materials division manufactures a range of specialised metal and metalloid products for industrial use, including fine metal powders for diamond and hard metal tools, as well as oxides and salts of cobalt, lithium and nickel for use in batteries, glass and ceramics. The Recycling business segment covers four main activities: its core business is the recycling and refining of various precious and other non-ferrous metals, as well as certain nonmetals such as selenium. The Recycling segment, based in Hanau, Germany, also encompasses a management unit, which sells precious metals in ingot form to industrial clients and offers access to related financial instruments for hedging purposes. A Catalysis is Umicore's third business segment, its largest in terms of revenue, is composed of two subdivisions, Automotive Catalysts and Precious Metals Chemistry. Performance Materials concentrates on the production of specialised items, chiefly from precious metals and zinc.
