Umicore announced today an acceleration of its capacity expansion investments for NMC (nickel manganese cobalt) cathode materials. The acceleration is required to meet a surge in demand for materials used in hybrid and electric vehicles.
Today Umicore published its Annual Report for 2015. The report elaborates on the accomplishments of the Vision 2015 strategy and also outlines Umicore’s new social and environmental objectives.
Recent collaboration between Umicore and Prysmian Group has led to innovative recovery processes that reduce waste and lower the consumption of germanium, a scarce resource.
Olen has been an important part of Umicore for over a century. Now, after a large-scale improvement programme, the site is proudly prepared to play a key role in the years to come.
Revenues were well up (+11%) compared to 2014 with strong growth in Catalysis and Energy & Surface Technologies more than offsetting the impact of lower metal prices on the recycling activities. The revenue growth, which was in part driven by the…