5 articles
Hyosung and Umicore plan a 1.2 trillion KRW investment for a silicon anode production facility in Ulsan, aiming to boost EV battery capacity and Korean industry competitiveness.
Umicore raised its full-year adjusted EBITDA guidance above 1 billion euros after reporting a 33.5% surge in first-half profits driven by strong recycling and special materials demand. Record margins
Umicore inaugurates its first corporate R&D facility outside Europe in China, marking a strategic expansion of its global research capabilities in materials technology.
Umicore reported rising earnings driven by efficiency measures and favorable metal prices, while planning increased capital expenditure and AI investments in 2026.
HS Hyosung plans to invest €120 million to acquire an 80% stake in Umicore's battery materials unit, marking its entry into the sector.
ChemBrief