DOCSLIB.ORG

Investor Presentation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Investor Presentation Umicore Investor Presentation May 2019 Introduction to Umicore Who we are A global materials technology and recycling group One of three global A leading supplier of key The world’s leading leaders in emission control materials for rechargeable recycler of complex waste catalysts for light-duty and batteries used in electrified streams containing heavy-duty vehicles and transportation and portable precious and other for all fuel types electronics valuable metals 3 Our foundations Supportive Unique business Industry leader in megatrends & model sustainability legislation resource scarcity more stringent emission control electrification recyclingrecycling of the automobile 4 5 Unique position in clean mobility materials and recycling Present across all drive trains and offering sustainable closed-loop services Internal Plug-In Hybrid Combustion Engine Electric Vehicle Umicore provides: Umicore provides: Emission control catalysts Battery cathode materials and emission control catalysts Full Electric Vehicle Fuel cells Umicore provides: Umicore provides: Battery cathode materials Electro-catalyst and battery cathode materials 5 Unique position in clean mobility materials Full service offering vs competitors Automotive Battery Fuel cell Refining & catalysts materials catalysts recycling ✔✔✔ Incumbent services ✔ Early stage Umicore ✔✔✔ ✔✔✔ ✔ ✔✔✔ Automotive ✔✔✔ ✔ ✔ ✔ catalyst competitors (incumbent in spent automotive catalysts) Battery material competitors ✔✔✔ ✔ Fuel cell catalyst competitors ✔✔✔ ✔ ✔ 6 6 Unique position in recycling Metallurgical leadership and closed loop offering Unique technologies in Hoboken for treating LONG complex residues and LOOP by-products Unique technologies Closing the loop for treating in product businesses complex residues & by offering recycling by-products services Over 200 input streams SHORT Recovery LOOP of 20 metals Recycling services for customer production scrap & residues 7 Where we come from Two centuries’ transformation away from mining & base metals 1800 1850 1900 1950 2000 2019 1805 1853 1873-1887-1901 1906 1908-1919 1989 2003 2005-2007 2015-2018 Vieille Asturienne des Degussa - Union Minière du Métallurgique Union Minière Acquisition Spin-off Streamlined portfolio Montagne Mines Usine de Haut Katanga Hoboken & Group of PMG Zinc – Focus on and acceleration in désargentation - Société de Copper clean mobility and recycling ACEC Minerais refining growth drivers Where it all began Crossing borders Pieces of the puzzle A defining decade Today • Several mining and smelting • Acquisition of Union Minière du • Merger in 1989 of UMHK with • Acquisition of PMG in 2003 • Since 2015, increased focus on accelerating companies coming together Haut Katanga (UMHK), mining and smelting subsidiaries adding presence in automotive clean mobility and recycling (“Horizon 2020”) producer of copper and other resulting in an integrated catalyst sector metals industrial group “Union Minière” • Divested four non-strategic units and acquired • In 2005, spin-off of copper Haldor Topsoe’s heavy duty diesel and • Gradual sale of mining activities; business to Cumerio, later stationary catalyst business in 2017. focus on precious metals, zinc Aurubis products and advanced materials • Ongoing €1.1bn capacity expansion in battery • In 2007, spin-off of zinc refining illustrated by name change to materials in China, Korea and Poland Umicore in 2001 and alloy business, resulting in Nyrstar • Today Umicore is a global materials technology and recycling group, with more than 10,000 employees and revenues (excl. metals) of € 3.3 billion 8 Global presence COLLEAGUES PRODUCTION SITES R&D / TECHNOLOGY CENTERS 10,419 48 14 838 11 5,723 2 17 2,992 5 14 6 678 259 5 1 1 9 Our Group structure : focused and balanced CATALYSIS ENERGY & SURFACE RECYCLING TECHNOLOGIES Automotive Catalysts Rechargeable Battery Materials Precious Metals Refining Precious Metals Chemistry Cobalt & Specialty Materials Jewelry & Industrial Metals Electroplating Precious Metals Management Electro-Optic Materials Revenues EBIT Capital employed (excluding metal) (recurring) (average) RE RE RE CA 15% 19% 24% 30% CA CA 38% 42% E&ST E&ST E&ST 39% 47% 46% 1011 CA = Catalysis, E&ST = Energy & Surface Technologies, RE = Recycling; Corporate not included Our Horizon 2020 strategy Clear leadership Doubled the size in clean mobility of the business in materials and terms of earnings recycling Rebalanced the Turned portfolio sustainability into & earnings a greater contributions competitive edge 11 In 2018, we made significant progress towards the 2020 ambitions Clear leadership Doubled the size Turned sustainability Rebalanced in clean mobility of the business in into a greater portfolio & earnings materials and recycling terms of earnings competitive edge contributions REVENUES ROCE Capex Record results in 2018 €3.3bn +17%* 15.4% €478m REBIT Strategic choices and REC NET PROFIT R&D recent investments €514m +29%* paying off REBITDA €326m +22% €196m €720m +23%* *Excluding discontinued operations 12 Consistent execution of the strategy Main investment projects • Capacity expansion in Europe, China and India following major business wins • Initial investment in fuel cell catalyst Catalysis capacity expansion in Korea TIANJIN, CHINA • Completion of € 460 million investment program in China and Korea on an accelerated schedule Energy & Surface • € 660 million greenfield investments in China Technologies and Poland ongoing INCHEON, KOREA • Completion of environmental investments in Hoboken resulting in significant reduction in emissions. Recycling HOBOKEN, BELGIUM 13 Consistent execution of the strategy Technology innovation drives our business R&D • Up 12% to € 196 million ENERGY & SURFACE • 6% of Umicore’s revenues TECHNOLOGIES • Innovation roadmap spanning the CATALYSIS next 20 years for rechargeable battery materials • New product developments for upcoming emission • Developing new process regulations in Europe technologies and China; fuel cell technology • Battery recycling • State of the art process technologies 14 Business Group Overview Catalysis Catalysis A world leader in emission control catalysts for light-duty and Automotive heavy-duty vehicles and for all fuel types. Complemented by Catalysts smaller stationary catalyst applications (marine, power generation, …). Precious Develops and produces metal-based catalysts used in chemistry, Metals life sciences and pharmaceutical applications. Also has a Chemistry complete portfolio of catalyst technologies for fuel cells. 16 Automotive Catalysts: business model We develop technologies which allow our customers to meet automotive emission legislation at the lowest Total Cost of Ownership Complete catalyst systems Customer to reduce exhaust focus gas emissions People Operational engagement excellence Global manufacturing & technical footprint 17 Total LDV and HDD catalyst market set for unprecedented value growth MARKET VALUE EVOLUTION BY REGION Massive tightening of Europe emission norms in China, Europe and India drive Greater China massive value uplift in both Japan / Korea the LDV and HDD catalyst markets Middle East / Africa Value growth North America by far outpacing South America vehicle production South Asia (mainly India) Technology and Innovation play 20171 20202 20253 Source: IHS, KGP, Umicore estimates 18 Automotive Catalysts Production Footprint 19 plants in 14 countries, 10 R&D / tech. centers in 7 countries Frederikssund Karlskoga Lyngby Nowa Ruda Songdo Denmark Sweden Denmark Poland Korea Onsan Burlington Hanau Korea Canada Germany Tokoname Auburn Hills, MI Florange Japan USA France Kobe Japan Tulsa, OK Rheinfelden/ USA Bad Säckingen Himeji Germany Japan Houston, TX USA Tianjin China Americana Suzhou Brazil China (2) Production plant R&D/Tech. center Joinville Port Elizabeth Pune Rayong Production plant/R&D Tech. center Stationary Brazil South Africa India Thailand 19 Umicore well positioned to capture this growth Next to volume growth, unprecedented future system value step-up due to tightening emission norms in Europe, China and India in particular. Light-Duty Vehicles Heavy-Duty Diesel Stationary : ▪ Gaining significant share ▪ Growing from a distant # ▪ Growing niche in growing gasoline 3 position ▪ New legislation segment ▪ Strong position in China, ▪ Leverage global ▪ Disproportionate share of the largest HDD market presence gasoline GPF platforms ▪ Development partner of won in China and Europe most major HDD OEMs Through R&D, we continue to build a competitive technology portfolio and invest in additional flexible capacity using proprietary processes 20 Catalysis financials 2018: Revenues +9%, REBIT +2%, REBITDA + 6% REVENUES Automotive Catalysts 1500 1.360 1.094 1.163 1.253 917 1000 651 • Increased contribution of HDD activity 620 H1 545 565 450 • Growth driven by higher gasoline volumes, 500 H2 708 despite slowing market (incl. diesel) 467 549 598 633 0 • Significant gasoline platform wins million € 2014 2015 2016 2017 2018 • Late 2017 acquisition synergies not yet included REBIT & REBIT margin 300 13,2% Precious Metals Chemistry 250 12,3% 12,4% 10,6% H1 200 8,2% 152 166 168 • Higher sales of APIs and chemical metal 150 124 H2 83 75 85 82 deposition applications 100 63 REBIT 41 Margin • Increased revenues from fuel cell catalysts 50 78 81 86 41 61 0 million € 2014 2015 2016 2017 2018 21 Impressions Bad-Säckingen plant AC, Germany Catalyst elements Test bench Nowa Ruda plant AC, Poland Canned catalyst Installation stationary DNox catalyst 22 Business Group Overview Energy &
Load more

Recommended publications
  • Stronger Together Annual Report 2007/ 08 the NA Group
    Stronger together Annual Report 2007/ 08 The NA Group Norddeutsche Affi nerie is the leading integrated copper group in Europe. Our core competence lies in the production and processing of copper, the material of the future. We are excellently represented all along the value added chain of copper from raw material processing and cathode production through to the production of copper products. We are also outstandingly positioned worldwide in the recycling of copper and other metals. Copper Production Copper Processing Cathodes, precious Shapes, wire rod, wires, metals and by-products strips and profi les In the Copper Production Segment we produce As an integrated copper group, we process our copper copper cathodes from copper concentrates and recy- cathodes into a variety of copper products, fi rst and cled raw materials. Both types of raw materials are foremost electrolytic copper wire rod for the cable and sourced internationally; recycled raw materials are wire industry. In addition, we produce continuous also procured in Germany. Our earnings are primarily cast shapes from cathodes for the market and for pro- determined by treatment and refi ning charges that cessing internally into pre-rolled strip as well as strips, are agreed with the raw material suppliers as the pro- shaped wires and profi les. Our revenues are deter- cessing fee. Our copper cathodes fulfi l the very high mined inter alia by processing fees that refl ect the quality requirements of the metal exchanges. The value added. Copper Production Segment also includes the produc- tion of precious metals, sulphuric acid, iron silicate products and other metal and chemical products from the by-elements of copper in the raw materials.
    [Show full text]
  • September 2020 Introduction to Umicore We Are a Global Materials Technology and Recycling Group
    Umicore Investor Presentation September 2020 Introduction to Umicore We are a global materials technology and recycling group One of three global A leading supplier of key The world’s leading leaders in emission control materials for rechargeable recycler of complex waste catalysts for light-duty and batteries used in electrified streams containing heavy-duty vehicles and transportation and portable precious and other for all fuel types electronics valuable metals 3 With a unique position in clean mobility materials and recycling Internal Plug-In Hybrid Combustion Engine Electric Vehicle Umicore provides: Umicore provides: Emission control catalysts Battery cathode materials and emission control catalysts Full Electric Vehicle Fuel cells Umicore provides: Umicore provides: Battery cathode materials Electro-catalyst and battery cathode materials Present across all drive trains and offering sustainable closed- loop services 4 Built on sound foundations Supportive Unique business Industry leader in megatrends & model sustainability legislation resource scarcity more stringent emission control electrification recyclingrecycling of the automobile We help improve air quality, make electrified transport possible and tackle resource scarcity 5 5 With a robust financial performance and a global presence Key figures (FY 2019) Adj. Revenues EBITDA € 3.4 bn € 753 m Adj. EBIT ROCE € 509 m 12.6% 40% - Europe Revenues* by Clean geography 14% - North America mobility and R&D Recycling 6% of 4% - South America 75% of revenues revenues 39% - Asia-Pacific
    [Show full text]
  • Umicore Intends to Launch Squeeze-Out for Remainder of Agosi
    Press release 3 February 2021 – 08:30 am CET Umicore intends to launch squeeze-out for remainder of Agosi shares Umicore has informed its listed subsidiary Allgemeine Gold- und Silberscheideanstalt AG (“Agosi”) that it intends to purchase the 8.8 % shares it does not yet own from Agosi’s minority shareholders through a merger squeeze-out in accordance with German law. To determine the cash compensation for Agosi’s minority shareholders, a valuation of Agosi will be carried out by an independent valuer appointed by Umicore and a court-appointed auditor. Following a squeeze-out and subsequent delisting, Umicore would have flexibility to consider strategic options for the Jewelry & Industrial Metals activities within Agosi. These activities perform well from a commercial and financial point of view and Umicore wants to explore the best conditions for their further development. Umicore expects that the merger squeeze-out would be resolved upon by the general meeting of Agosi in the second or third quarter of 2021. Note to the editor: Umicore acquired Agosi upon the acquisition of the Precious Metals Group (“PMG”) in 2003 and currently holds 91.2 % of its shares. Agosi shares are listed on the Munich Freiverkehr stock exchange. Agosi, headquartered in Pforzheim, Germany, has an international presence and offers the full precious metals cycle and other precious metals services for the jewelry and coin industries, as well as for various industrial applications in electrical engineering, in automotive, in the chemical industry and in medical technology. Agosi’s activities are integrated in Umicore’s Jewelry & Industrial Metals business unit and one Agosi subsidiary is part of Umicore’s Electroplating business unit.
    [Show full text]
  • 2016 Dec Patricio Barrios RESUME
    December 2016 RESUME – P. Barrios RESUME EDUCATION: BSc. Chemistry - University Seville, Spain MSc. Chemical Engineering - University Seville, Spain PhD. Chemistry - University Seville, Spain; Thesis: “Kinetics of the Copper Blow Stage during pyrometallurgical Copper-Making” (A Kinetic Model) Dipl. Environmental Eng. - Technical University Madrid, Spain Dipl. R&D Management - CSIC (High Counsel Scientist Research) Madrid, Spain Dipl. Business Administration -ESADE Barcelona, Spain, and The International Social Science Council Paris, France PROFESIONAL EXPERIENCE: January 2016 – Present: Aurubis AG; Principal Adviser – Primary Copper. Responsible to provide high level strategic advice to the EVP-Primary Copper BU which includes assisting on the overall direction and function of Business Development, participating on special projects, including liaison and development of key relationships with selected business partners. April 2008 – December 2015: Aurubis AG (new public company resulting from the merging of Cumerio and Norddeutsche Affinerie ,with operations and activities in 22 countries around Europe, North America and Asia, totaling 6400 employees and 13.8 Billion € revenues): Senior Vice President - Projects Primary Copper. Responsible for Primary Copper Business Unit’s growing projects, with main focus on new business opportunities and external projects. April 2006 – April 2008: Cumerio (public Belgian company resulting from the carve-out of the former Union Miniere’s Copper operations): Vice President Operations & ExCom Member. Full corporate responsibility for the Cumerio Group operations: Copper Refining BU and Copper Products BU with operations in Pirdop (Bulgaria), Olen (Belgium) and Avellino (Italy); totaling 1500 employees and 3.5 Billion € of revenues. 2005 – March 2006: Associated, as Senior Adviser- Non Ferrous Metals at Hatch Corporate Finance (HCF) International Advisers (formerly HB Advisers) –Hatch Group-; a London based leading corporate finance advisory firm focused exclusively on the metals and mining sectors worldwide.
    [Show full text]
  • Official Journal C161
    ISSN 1725-2423 Official Journal C 161 of the European Union Volume 51 English edition Information and Notices 25 June 2008 Notice No Contents Page II Information INFORMATION FROM EUROPEAN UNION INSTITUTIONS AND BODIES Commission 2008/C 161/01 Non-opposition to a notified concentration (Case COMP/M.5032 — Roxel/Protac) (1) ......................... 1 2008/C 161/02 Non-opposition to a notified concentration (Case COMP/M.5094 — Nokia/Trolltech) (1) ..................... 1 IV Notices NOTICES FROM EUROPEAN UNION INSTITUTIONS AND BODIES Council 2008/C 161/03 Notification by Romania concerning visa reciprocity .................................................................... 2 2008/C 161/04 Notification by Romania concerning visa reciprocity .................................................................... 3 Commission 2008/C 161/05 Euro exchange rates ............................................................................................................... 4 2008/C 161/06 Final report of the Hearing Officer in Case COMP/M.4781 — Norddeutsche Affinerie/Cumerio (Pursuant to Articles 15 and 16 of Commission Decision 2001/462/EC, ECSC of 23 May 2001 on the terms of reference of Hearing Officers in certain competition proceedings — OJ L 162, 19.6.2001, p. 21) ............................. 5 EN (1) Text with EEA relevance (Continued overleaf) 1 Notice No Contents (continued) Page 2008/C 161/07 Opinion of the Advisory Committee on Mergers given at its meeting of 9 January 2008 regarding a draft decision relating to Case COMP/M.4781 — Norddeutsche
    [Show full text]
  • UMICORE SA (GROUP) Brussels - Belgium | Manufacture of Basic Precious and Other Non- 2020 Ferrous Metals Significant Operations in at Least One Risk Country
    EcoVadis Scorecard www.ecovadis.com UMICORE SA (GROUP) Brussels - Belgium | Manufacture of basic precious and other non- 2020 ferrous metals Significant operations in at least one risk country Publication date: 24 Jul 2020 Valid until: 24 Jul 2021 CSR Performance Insufficient Partial Moderate Advanced Outstanding Average score OVERALL SCORE ENVIRONMENT LABOR & HUMAN ETHICS SUSTAINABLE RIGHTS PROCUREMENT 73 /100 80 /100 80 /100 60 /100 60 /100 99th Weight Weight Weight Weight percentile Overall score distribution Theme score comparison 100 UMICORE SA (GROUP) ENVIRONMENT LABOR & HUMAN 100% 80 73 RIGHTS 60 75% 40 20 50% 50.36 41.55 25% 0% 4.36 3.74 SUSTAINABLE ETHICS 0 0 25 45 65 85 100 PROCUREMENT All companies assessed by EcoVadis in this industry UMICORE SA (GROUP) score All companies assessed by EcoVadis in this industry Strengths and Improvement Areas Environment Weight Strengths (38) Policies Strengths Quantitative objectives set on some relevant issues [i.e. GHG emissions, water] Comprehensive policy on a majority of environmental issues Endorsement of external initiative on environmental issues [i.e. The International Platinum Group Metals Association (IPA), Eurometaux, CIRAF, Fachvereinigung Edelmetalle] Actions Strengths Company-specific emergency preparedness and response procedure regarding local pollution Measures to minimize odor generation in rendering plant operations Control measures to monitor and/or prevent contamination of groundwater Measures to reduce CO2 emissions from transport Formalized procedure related to materials / chemicals management (e.g. storing, handling, transportation) Purchasing of renewable energy Registration of substances to the ECHA Reuse by-products from the process as raw materials or as raw material substitutes in other processes Monitoring of pollutant concentrations into waste gas (e.g.
    [Show full text]
  • Investor Presentation June 2021
    Umicore Investor Presentation June 2021 Introduction to Umicore We are a global materials technology and recycling group One of three global A leading supplier of key The world’s leading leaders in emission control materials for rechargeable recycler of complex waste catalysts for light-duty and batteries used in electrified streams containing heavy-duty vehicles and transportation and portable precious and other for all fuel types electronics valuable metals 3 With a unique position in clean mobility materials and recycling Internal Plug-In Hybrid Combustion Engine Electric Vehicle Umicore provides: Umicore provides: Emission control catalysts Battery cathode materials and emission control catalysts Full Electric Vehicle Fuel cells Umicore provides: Umicore provides: Battery cathode materials Electro-catalyst and battery cathode materials Present across all drive trains and offering sustainable closed- loop services 4 Built on sound foundations Supportive Unique business Industry leader in megatrends & model sustainability legislation resource scarcity more stringent emission control electrification recyclingrecycling of the automobile We help improve air quality, make electrified transport possible and tackle resource scarcity 5 5 Unique position in Automotive Catalysts CATALYSIS Strong growth drivers: Umicore best positioned to Tightening emission norms for capture growth in growing LDV and HDD, in particular in gasoline segment; technology China, Europe and India leader in cGPF platforms in China and Europe Significant value uplift
    [Show full text]
  • Umicore 2020 FY Presentation
    Umicore FY 2020 performance 11 February 2021 Overview Highlights 2020 2021 outlook Maintaining strategic course while responding effectively to COVID-19 crisis 2020 business review 2020 financial review Wrap-up Q&A Umicore FY 2020 performance 2 Highlights 2020 Record earnings in unprecedented conditions ENERGY & SURFACE CATALYSIS TECHNOLOGIES RECYCLING Significant impact of pandemic Impact of pandemic on several end-markets Record performance with a on automotive market in H1 nearly doubling of adj. EBIT Umicore disproportionately Excluding impact of excess YoY, reflecting strong growth exposed to market recovery in inventories, Umicore’s EV across all business units H2 due to strong position in cathode materials volumes grew gasoline for LDV broadly in line with EV battery Exceptional metal price demand environment Strict cost management and operational excellence Adj. EBIT reflecting underutilized High activity levels despite initiatives capacity and pricing pressure in COVID-19 crisis and favorable China, as well as costs related to trading conditions recent and ongoing expansions Umicore FY 2020 performance 3 2021 outlook 2021 outlook Umicore expects to achieve substantial growth in earnings in 2021, with growth in all business Groups Given the current limited visibility, this outlook statement is made under the assumption that the ongoing COVID-19 outbreak would not result in additional material or protracted disruptions to the economy or Umicore’s operations CATALYSIS ENERGY & SURFACE RECYCLING TECHNOLOGIES Substantial growth in sales volumes of Favorable metal prices Further benefit from leading edge cathode materials for EVs technology offering in gasoline Supportive supply mix and applications for LDV in China and Persisting Chinese overcapacity and moderate volume growth in Europe pricing pressure Precious Metals Refining Initial impact of China VI legislation Some € 50m increase in fixed costs in If current elevated metal price for HDD applications Rechargeable Battery Materials levels were to prevail throughout the year, Adj.
    [Show full text]
  • 4Oct200722045121 1Dec200517045043
    4OCT200722045121 This prospectus (the ‘‘Prospectus’’) relates to the initial offering (the ‘‘Offering’’) to subscribe for up to A75 million of new common shares in Ablynx NV (the ‘‘Company’’ or ‘‘Ablynx’’), with VVPR strips (the ‘‘VVPR Strips’’). This amount of New Shares with VVPR Strips may be increased by up to 15 per cent, to an amount of A86.25 million (the ‘‘Increase Option’’, the new shares initially offered and the shares offered as a result of the possible exercise of the Increase Option jointly being referred to as the ‘‘New Shares’’). Any decision to exercise the Increase Option will be announced, at the latest, on the date the Offer Price is announced. JPMorgan and KBC Securities (the ‘‘Joint Global Coordinators’’) will be granted an over-allotment option by the Company (the ‘‘Over-allotment Option’’), exercisable as of the listing date (the ‘‘Listing Date’’) and until 30 days thereafter, corresponding to up to 15 per cent of the New Shares subscribed for in the Offering for the sole purpose of allowing the Joint Global Coordinators to cover over-allotments, if any. The existing shares covered by the Over-allotment Option (the ‘‘Additional Shares’’ and, together with the New Shares, the ‘‘Offered Shares’’) and the New Shares issued upon exercise of the Over-allotment Option, if any, will not have a separate VVPR Strip. The Offered Shares are offered to the public in Belgium (including to employees, consultants and independent directors of the Company in Belgium) and, pursuant to a private placement, to institutional investors, both within and outside Belgium and to employees, consultants and independent directors of the Company outside Belgium.
    [Show full text]
  • IEA: the Role of Critical Minerals in Clean Energy Transitions
    The Role of Critical Minerals in Clean Energy Transitions World Energy Outlook Special Report INTERNATIONAL ENERGY AGENCY The IEA examines the full spectrum of IEA member countries: Spain energy issues including oil, gas and Australia Sweden coal supply and demand, renewable Austria Switzerland energy technologies, electricity Belgium Turkey markets, energy efficiency, access to Canada United Kingdom energy, demand side management Czech Republic United States and much more. Through its work, the Denmark IEA advocates policies that will Estonia IEA association countries: enhance the reliability, affordability Finland Brazil and sustainability of energy in its 30 France China member countries, 8 association Germany India countries and beyond. Greece Indonesia Hungary Morocco Please note that this publication is Ireland Singapore subject to specific restrictions that Italy South Africa limit its use and distribution. The Japan Thailand terms and conditions are available Korea online at www.iea.org/t&c/ Luxembourg Mexico This publication and any map included herein are Netherlands without prejudice to the status of or sovereignty New Zealand over any territory, to the delimitation of international frontiers and boundaries and to the Norway name of any territory, city or area. Poland Portugal Slovak Republic Source: IEA. All rights reserved. International Energy Agency Website: www.iea.org The Role of Critical Minerals in Clean Energy Transitions Foreword Foreword Ever since the International Energy Agency (IEA) was founded in world to anticipate and navigate possible disruptions and avoid 1974 in the wake of severe disruptions to global oil markets that damaging outcomes for our economies and our planet. shook the world economy, its core mission has been to foster secure This special report is the most comprehensive global study of this and affordable energy supplies.
    [Show full text]
  • DNX® SCR Catalysts and Technologies
    Comply without compromise DNX® SCR catalysts and technologies High-performance DeNOx catalysts and efficient SCR system designs 02 Umicore is a global materials technology and recycling group with over 11,000 employees and a turnover of €17.5 billion in 2019. We generate the majority of our revenues and dedicate most of our R&D efforts to clean technologies. These include emission control catalysts, materials for rechargeable batteries 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. 03 Comprehensive solutions for DeNOx applications Reduce NOx by up to 99% with proven Umicore technology Complying with emission standards without compromising performance or profitability is a challenge many industries are facing. With decades of broad experience, Umicore DNX® SCR applications, our high-efficiency solutions can reduce catalysts and system designs are meeting the challenge NOx by up to 99% with maximum reliability, even for customers around the world. For stationary when operating under severe conditions. The scope of SCR DeNOx products and services UMICORE Waste Stationary Biomass incineration and marine fired boilers SCR DENOX engines General Coal, oil Gas turbines FCC units, industrial and gas fired single and crackers, heaters processes boilers combined and other cycle processes Benefits at a glance: Our Services include: 1. Our SCR process designs have been implemented at • SCR system management including onsite inspections, over 2,000 sites worldwide performance assessments, and assistance with catalyst regeneration or disposal 2. Our engineering services make sure the value of investments is maximized • Catalyst sample retrieval, activity testing, accumulated poison analysis and remaining service life projection 3.
    [Show full text]
  • Innovation Roadmap in Clean Mobility Materials
    Seoul, Korea 6 June 2018 Innovation roadmap in clean mobility materials SPEAKER Denis Goffaux Chief Technology Officer Executive Vice-President Energy & Surface Technologies 2 Agenda Well to wheel efficiency considerations Key developments in xEV battery materials Key developments in fuel cells Wrap-up 3 On the road towards clean mobility Well to wheel efficiency considerations Well to wheel – efficiency to convert fossil energy into motive energy Well to tank – energy consumed to Tank to wheel – energy extract and transform fossil fuel into consumed to transform usable fuel (by extension, electricity) the chemical energy from fuel into motive energy 4 On the road towards clean mobility There’s nothing like BEV in terms of tank to wheel efficiency ENERGY CONTENT (Wh/kg) Gasoline 13,100 Diesel 12,700 Hydrogen 39,400 Li-Ion battery 280 APPROXIMATE TTW PER DRIVETRAIN Gasoline 25% Diesel 30% Tank to wheel – energy FCEV 50% consumed to transform the chemical energy from BEV 90% fuel into motive energy 5 On the road towards clean mobility Well to wheel sets a clear trend towards BEV…. 140 120 …. but it is an 2021: 100 95 g/km evolution and not a revolution 80 /km 2 Beyond During which 60 2021: gCO we need: <95 g/km 40 20 1 2 Typical C-segment car 0 Sources: JEC consortium, Cleaner and more Roland Berger study and Umicore estimates Diesel ICEs xEVs Gasoline CNG (EU-mix) BEV (renewables) FCEV (50% renew.)BEV (EU-mix 2030) Full Hybrid (gasoline)PHEV (30% electric) Tank to wheel Well to tank 6 Agenda Well to wheel efficiency considerations Key developments
    [Show full text]