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Umicore to acquire cobalt refinery and cathode precursor operations in Finland

Through this acquisition Umicore expands its integrated battery materials footprint

27-May-2019

Umicore announced that it has reached an agreement to acquire Freeport Cobalt’s cobalt refining and cathode precursor activities in Kokkola, Finland, for a total consideration of $ 150 million on a debt and cash free basis, plus the value of the working capital to be taken over at closing, which ...

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Umicore expands production capacity for fuel cell catalysts

19-Dec-2018

Umicore announced 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. The low double-digit million euro investment entails the construction of a new production plant close to ...

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Umicore announces record results

09-Feb-2018

Umicore set a record performance in 2017 on the back of strong growth in Energy & Surface Technologies. Revenues of €2.9billion (+9%) or €2.8billion (+16%) excluding discontinued operations Recurring EBITDA of €599million (+14%) or €587million (+18%) excluding discontinued ...

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BASF and Argonne reach resolution with Umicore

25-Apr-2017

BASF and Argonne National Laboratory reached a business resolution of their pending patent disputes with Umicore. Umicore is now licensed to make, use, sell, offer to sell, distribute and import nickel-manganese-cobalt (NMC) cathode material for lithium ion batteries in the United States under ...

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Umicore and Solvay sell SolviCore joint-venture

02-Jul-2015

Umicore and Solvay announced that they have sold their respective 50% stakes in joint venture SolviCoreto Japanese chemical company Toray. Since its inception in 2006, SolviCore has built up a strong portfolio of clients for its membrane electrode assemblies used in fuel cells and proton exchange ...

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Umicore and Evonik announce business partnership

19-Dec-2012

Umicore and the Evonik Group subsidiary Evonik Litarion GmbH have announced a business relationship for the supply of lithium-ion cathode materials. Evonik selected Umicore as the supplier of cathode materials for large format Li-ion batteries that are used in electric vehicles and in energy ...

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Umicore and Solvay launch Solvicore to develop and supply core technology for fuel cell industry

Joint Venture for Membrane Electrode Assemblies (MEA) Started Operations

27-Jul-2006

Umicore and Solvay announced that operations have started earlier this month at SolviCore, their joint venture for the research, development, production and sales of Membrane Electrode Assemblies (MEA) and related compounds, to be used in Fuel Cell (FC) applications. The 50-50 percent joint ...

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Umicore, Solvay join forces to develop and supply Core Technology for Fuel Cell industry

10-Mar-2006

Umicore and Solvay have reached an agreement in principle to join forces in the research, development, production and sales of Membrane Electrode Assemblies (MEA) and related compounds, to be used in Fuel Cell (FC) applications. The 50-50 percent joint venture (JV), named SolviCore, will be ...

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Palladium use in diesel emission control systems for cars now a reality

05-Apr-2004

Umicore announced the introduction of new technology that will enable the use of palladium as a catalyst in diesel emission control systems for passenger cars. Until now platinum has been the only material capable of fulfilling this function. This breakthrough is the result of significant ...

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