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Umicore
Umicore

-4.54%

Recycling & waste management / Materials technology and recycling solutions

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Overview
Umicore is a global materials technology and recycling company. They focus on developing innovative products and services that are used in a wide range of industries, including automotive, electronics, and energy.
Founded in 1805, Umicore has a long history of producing materials such as cobalt, nickel, and other specialty alloys. Today, they continue to develop and produce advanced materials for a variety of technologies and applications.
In addition to materials technology, Umicore is also a leader in recycling and sustainability. They specialize in recycling end-of-life materials, such as used rechargeable batteries, and turning them into valuable raw materials for new products.
Umicore has operations in over 50 countries and employs around 11,200 people worldwide. They are committed to creating a sustainable future through their innovative products and responsible business practices.
What is special about the company?
1. Global Presence: Umicore is a multinational company with a strong global presence in over 50 countries. This allows them to access a diverse network of customers and suppliers, as well as tap into new markets and opportunities.
2. Sustainable Solutions: Umicore is committed to developing and producing sustainable solutions for its customers. From recycling to clean tech products, the company is dedicated to minimizing its environmental impact and promoting a circular economy.
3. Focus on Technology and Innovation: Umicore invests heavily in research and development to continuously develop new and improved products. This focus on technology and innovation has helped the company stay ahead of its competition and maintain a competitive edge.
4. Diversified Portfolio: The company’s portfolio is well diversified, with activities in various industries such as automotive, clean energy, electronics, and recycling. This diversification helps the company mitigate risks and maintain steady growth even in challenging economic conditions.
5. Ethical and Responsible Business Practices: Umicore is committed to conducting its business in an ethical and responsible manner. This includes promoting human rights, fair labor practices, and maintaining high standards of health, safety, and environmental protection.
6. Strong Financial Performance: Umicore has consistently delivered strong financial results, with a steady increase in revenue and profits over the years. This has helped the company maintain a strong position in the market and attract investors.
7. Employee Development: Umicore values its employees and invests in their development by providing training and career opportunities. This has helped the company retain top talent and foster a culture of innovation and excellence.
8. Sustainability Reporting: Umicore is transparent about its sustainability efforts and regularly publishes sustainability reports. This allows stakeholders to track the company’s progress towards its sustainability goals and hold them accountable for their actions.
What the company's business model?
Umicore is a global materials technology and recycling company. Its business model focuses on sustainable development, using its expertise in materials science, chemistry, and metallurgy to design and produce materials and solutions for a wide range of industries and applications.
The company has four main business units:
1. Catalysis: This unit specializes in the production of catalysts used in the automotive, chemical, and food processing industries.
2. Energy & Surface Technologies: This unit focuses on developing and producing advanced materials for use in rechargeable batteries, fuel cells, and electronic devices.
3. Recycling: This unit collects, sorts, and recovers valuable materials from end-of-life products such as electronics, cars, and industrial waste.
4. Advanced Materials: This unit produces a range of high-performance materials for use in various industries, including automotive, aerospace, and construction.
Umicore’s business model is centered on sustainability and the circular economy, with a strong focus on reducing the environmental impact of its operations and products. The company also invests heavily in research and development to drive innovation and maintain a competitive edge in the industry. Additionally, Umicore places a high value on corporate social responsibility, with a commitment to ethical and responsible business practices.
Interesting facts about the company
1. Umicore is a materials technology and recycling company based in Belgium.
2. The company was founded in 1805 under the name Union Minière du Haut Katanga and was originally focused on mining and smelting operations.
3. In 2001, the company changed its name to Umicore and shifted its focus to materials technology and recycling.
4. Umicore’s main products include automotive catalysts, rechargeable batteries, and specialty materials for electronics and other industries.
5. The company has a strong commitment to sustainability and is a world leader in the production of eco-friendly materials.
6. Umicore has operations and facilities in over 50 countries, including a research and development center in Belgium and a recycling plant in Hoboken, Belgium.
7. The company has approximately 10,000 employees worldwide and is listed on the Euronext stock exchange in Brussels.
8. In 2018, Umicore was ranked as the most sustainable company in the world by Corporate Knights, a research and media organization.
9. Umicore has a history of innovation, with over 1,800 patent applications filed in the last five years.
10. The company has received numerous awards and recognition for its achievements in sustainability and innovation, including being listed on the Dow Jones Sustainability Indices and being recognized as one of the world’s most ethical companies by the Ethisphere Institute.
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