Umicore has selected a site in Nysa, Poland, for its first production plant to manufacture cathode materials for the European automotive market.
The plant will build upon the state-of-the-art and proprietary production technologies developed to meet the highest automotive performance and quality standards. The first phase of this investment is included in the €660-million (US$774 million) program announced earlier this year and is due to start deliveries in late 2020.
Nysa is in the vicinity of its European customers and will give access to a skilled technical workforce as well as low-carbon electricity supply.
Umicore has also decided to build a new Process Competence Center at its existing site in Olen, Belgium, where it operates one of its largest R&D centers. The center will further strengthen Umicore’s leadership in innovative energy-efficient production processes which will be applied to its high-technology installations worldwide. This investment is expected to be commissioned in late 2019.