| Umicore is a materials technology group, which | | | | and precious metal recycling. |
| focuses on four business areas; advanced | | | | They even have a method called Umagine where |
| materials, precious metals products and catalysts, | | | | they transform their research, and development, |
| precious metal services and Zinc specialties. | | | | and make it more modern, and improved. |
| Umicore was a company that was formed when | | | | Umicore supports open innovation and certifies |
| four other companies, from the smelting and | | | | exemplary scientific research compiled outside the |
| refining industries, merged. Umicore was formerly | | | | company. They also give awards internally in all |
| called Union Miniere. It has included into its sphere | | | | areas where innovation occurs. This greatly |
| the areas of refining, and recycling of precious | | | | improves motivation, and encourages people to |
| metals, and manufacturing products from metals. | | | | come up with more and better ideas. |
| Union Miniere was firstly a mining and refining | | | | Today, Umicore is a flourishing company that is |
| company, although in the 1990s they took a | | | | listed in the Euronext Brussels stock exchange. In |
| different approach and diversified. They placed | | | | 2005, Umicore came out with Cumerio, which was |
| themselves as a specialty materials company. To | | | | an independent copper business. Cumerio also |
| mark this change of moving away and adjusting | | | | made it to the Euronext Brussels. In 2007, |
| for changes, the company altered their name to | | | | Umicore amalgamated its zinc refining, and alloy |
| Umicore in 2001. The company now performs at | | | | business with Zinifex. Nystar, the newborn, also |
| the edge of chemistry, metallurgy, and materials | | | | made it to the stock exchange. In 2007, Umicore |
| sciences. | | | | was driven to top charts, with the help of the |
| In 2003, Umicore took over PMG, and this added | | | | automotive catalyst division of Delphi, as they |
| another component to its impressive repertoire. | | | | overtook the market in the field of passenger |
| PMG was formerly a unit in the German Degussa | | | | cars. |
| group, which coincidently was also the founding | | | | Umicore is a company that welcomes change, a |
| shareholder of Hoboken firm of Umicore. | | | | way of thinking that every firm wanting to |
| They provide employment for around fifteen | | | | succeed today has to accept. The company |
| thousand, and five hundred employees, and have | | | | believes in searching for new ways to become |
| a turnover of around 9.2 billion Euros. Umicore | | | | efficient and performing their tasks more |
| operates on all continents, and serves a global | | | | effectively. This will assist them in laying the |
| customer base. | | | | foundation for a loyal customer database as well |
| Umicore has a Research and Development | | | | as increase their profits in the long term. Currently |
| department that is completely decentralised. | | | | Umicore is a company that never tires of |
| Research and Development expenditure had an | | | | undertaking difficult tasks, and achieving their |
| addition of 33% in 2008. Umicore spends an | | | | goals, in striving towards the discovery of |
| estimated eighty percent of its research budget | | | | innovative clean techniques. Their aim is to |
| on finding ways for clean technology; examples | | | | develop, produce, and then recycle materials in |
| include emission catalysts, materials used for | | | | some way that yield materials for a better life. |
| rechargeable batteries and photovoltaic, fuel cells | | | | |