UMICORE (D) : Umicore to invest in new production capability for automotive catalysts
06/12/2012| 04:48am US/Eastern
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Press release 12 June 2012
CP-2012-21-R 09:00 CET
Umicore to invest in new production capability for automotive
catalysts
Umicore today announced that it will install a new automotive
catalyst production capability in Bad Säckingen, Germany. The
new facility will be an extension of the plant in Rheinfelden
some 15 km away. The investment will provide additional
capacity as well as greater flexibility to produce various
catalyst systems for light duty vehicles. The new capacity is
expected to be commissioned in mid 2013.
William Staron, Umicore's Executive Vice President of
Catalysis said: "We continue to see strong growth for
automotive catalysts in Europe, mainly driven by an
increasing need for more complex catalyst systems to meet the
requirements of stricter emission legislation. The Bad
Säckingen operation will further enhance our ability to serve
our customers in this market. It also enhances our
operational flexibility while providing the opportunity for
future expansion."
Umicore
Group Communications
Naamloze vennootschap/Société Anonyme phone +32 2 227 71 11
VAT BE0401 574 852
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Broekstraat 31 Rue du Marais
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fax
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+32 2 227 79 00
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Company numb
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er 0401574852
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B-1000 Brussels
Belgium
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e-mail
web
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info@umicore.com
www.umicore.com
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Registered office
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Broekstraat 31 Rue du Marais
B-1000 Brussels
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For more information
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Investor Relations
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Geoffroy RASKIN Evelien GOOVAERTS
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+32 2 227 71 47
+32 2 227 78 38
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geoffroy.raskin@umicore.com
evelien.goovaerts@umicore.com
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Media Relations
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Elcke Vercruysse
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+32 2 227 71 29
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elcke.vercruysse@umicore.com
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Umicore profile
Umicore is a global materials technology group. It focuses on
application areas where its expertise in materials science,
chemistry and metallurgy makes a real difference. Its
activities are centred on four business areas: Catalysis,
Energy Materials, Performance Materials and Recycling. Each
business area is divided into market- focused business units
offering materials and solutions that are at the cutting edge
of new technological developments and essential to everyday
life.
Umicore generates the majority of its revenues and dedicates
most of its R&D efforts to clean technologies, such as
emission control catalysts, materials for rechargeable
batteries and photovoltaics, fuel cells, and recycling.
Umicore's overriding goal of sustainable value creation is
based on an ambition to develop, produce and recycle
materials in a way that fulfils its mission: materials for a
better life.
The Umicore Group has industrial operations on all continents
and serves a global customer base; it generated a turnover of
€ 14.5 billion (€ 2.3 billion excluding metal) in 2011 and
currently employs some 14,600 people.
12/06/2012 - 09:00 CET CP-2012-21-R 2/2
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