Umicore

M&A Activity • Jun 10, 2014

Press release 10 June 2014

CP-2014-29-R Regulated information 08:00 CET

Umicore announces investment in new catalyst facility in Poland

Brussels, 10 June 2014. Umicore announced today the construction of a production facility in Nowa Ruda, Poland, for emission control catalysts used in cars and trucks. The investment will allow Umicore to meet the growth in demand for automotive catalysts from its customers in Europe. This growth is driven mainly by the recent introduction of new emission legislation in the European Union.

The facility, which will be Umicore's first industrial operation in Poland, complements Umicore's existing European automotive catalyst production capabilities in Germany, France and Sweden. The plant will provide catalyst systems for both light duty and heavy duty vehicles and will be equipped with the newest generation equipment comprising two production lines and all peripheral installations and assets for logistics, quality assurance and analytical inspection of products. Umicore will also incorporate measures to minimize energy use and CO² emissions at the plant.

The investment amounts to approximately € 40 million and will initially create over 80 new jobs. Construction of the plant will start in July 2014 and completion is planned for the beginning of 2016.

Franz-Josef Kron Senior Vice President Operations of Umicore's Automotive Catalysts business unit commented: "This investment demonstrates our commitment to serve our customers in the European automotive industry. The decision to invest in Nowa Ruda is the result of excellent cooperation with the local special economic zone and authorities as well as with the Polish government. We are proud that Umicore's investment will contribute to the economic development of the region".

For more information

Media Relations:
Elcke Vercruysse	+32 2 227 71 29	elcke.vercruysse@umicore.com
Investor Relations:
Tim Weekes	+32 2 227 73 98	tim.weekes@umicore.com

Umicore profile

Umicore is a global materials technology and recycling 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 € 9.8 billion (€ 2.4 billion excluding metal) in 2013 and currently employs some 14,000 people.