Tue. Nov 12th, 2019

Umicore launched a new plant in Korea

Umicore has inaugurated its new production facility for electric cell catalysts in Songdo Chemulpo town (Seoul area), Korea.

The facility can support the expansion of Hyundai in addition to different automotive customers.

It is expected to work up to production in 2020 and permits more enlargement on the far side of 2020. With production enlargement in Choson and existing production capability in Hanau, Germany, Umicore is placed to serve the growing demand for electric cell catalysts from its automotive customers globally.

The electric cell catalysts market is gaining momentum, supported by a mix of deepening clean quality legislation and growing world awareness of temperature change.

Umicore has entered into collaboration agreements with Hyundai and different OEMs for existing automotive platforms in addition to future development programs.

“I am proud to open this new facility that illustrates Umicore’s commitment and talent to support the transition to cleaner quality,” said Umicore chief operating officer, Brandy Grynberg.

“I am convinced fuel cells can grow in importance within the drivetrain combine for each traveler cars and significant duty applications. Our providing of solutions for all future drivetrain technologies, combined with our ability to shut the materials loop, are key ingredients for fulfillment.”

Umicore has developed electric cell catalysts for a variety of Polymer Electrolyte Membrane (PEM) electric cell technologies since the end of the 1980s.

Umicore is a world player in materials technology. A solid international cluster, but an organization in the peninsula, with Umicore Battery Materials Korea promoting Services and Order across the country.