Umicore is a materials technology group. Its activities are centered on four business areas: Advanced Materials, Precious Metals Products and Catalysts, Precious Metals Services and Zinc Specialties. Umicore focuses on application areas where it knows its expertise in materials science, chemistry and metallurgy can make a real difference. Umicore generates approximately 50 % of its revenues and spends approximately 80 % of its R&D budget in the area of clean technology, such as emission control catalysts, materials for rechargeable batteries and photovoltaics, fuel cells, and precious metals recycling. Umicore’s overriding goal of sustainable value creation is based on this ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life.
Cobalt and Specialty Materials, one of its business units, is a world leader in active materials for secondary Ni-Cd, Ni-MH and Li-ion batteries, with production units in Belgium, South Korea and China. Production brand includes cobalt oxide and lithium metal oxides for Li-ion batteries, nickel hydroxide and cobalt additives for Ni-Cd and Ni-MH batteries.
Umicore is also the largest recycler of Precious Metals based products and recovers in total 20 Precious or Special Metals in its recycling processes.