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Umicore’s strategy
Umicore’s strategy is pursued along four primary axes:
Focus on applications
The development of new products and new services is dictated by the requirements of Umicore’s customers and its customers’ customers. Through its focus on applications and the offer of flexible solutions, Umicore strives for market leadership in all selected areas where it is present.
Adding value
Umicore is active over a large segment of the value chain, looking for ways to add value beyond the production of refined metals. Umicore does not seek to be a producer of pure commodities. Umicore has been stretching its presence in the value chain in almost all of the market segments in which it is active: starting from its historic expertise in smelting and refining of base metals (Umicore’s roots), Umicore has successfully targeted more downstream parts of the value chain and also a wider range of metals and materials to serve various downstream markets.
Recycling
Recycling is part of Umicore’s core business, a vital service to many of its customers, a key requirement for sustainable development of its business and an opportunity to recover metals at a competitive price.
Excellence in technology, operations and people management
Umicore strives for excellence in technology, operations and people management. Continuous improvement of both the cost base and product quality remains vital in order to prosper in the materials business. In all its operations, Umicore is also committed to the well-being of its people and seeks to improve environmental performance in a pro-active way.