UMICORE KOREA LTD.

Umicore Korea Ltd., including its classification and the English translation.

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Umicore Korea Ltd. 회사 소개 (Company Introduction)

유미코아 코리아 (Umicore Korea Ltd.)는 벨기에에 본사를 둔 글로벌 소재 기술 및 재활용 그룹인 유미코아(Umicore)의 한국 법인입니다. 유미코아 코리아는 한국 시장에서 그룹의 핵심 사업 분야, 특히 촉매(Catalysis), 에너지 및 표면 기술(Energy & Surface Technologies), 그리고 재활용(Recycling) 부문에서 중요한 역할을 수행하고 있습니다.

주요 활동 및 특징:

1. 첨단 소재 생산: 유미코아 코리아는 특히 이차 전지용 양극활물질(Cathode materials for rechargeable batteries) 생산 분야에서 핵심적인 역할을 합니다. 충청남도 천안에 위치한 대규모 생산 공장은 전기자동차(EV) 배터리 시장에 필수적인 고성능 양극재를 공급하는 주요 거점입니다. 이는 한국의 주요 배터리 제조사(예: LG에너지솔루션, 삼성SDI, SK온 등)들과 긴밀하게 협력하며 한국 배터리 산업 생태계의 중요한 부분을 차지합니다.

2. 자동차 촉매: 또한 자동차 배기가스 정화용 촉매를 생산하여 한국의 자동차 산업에도 기여하고 있습니다.

3. 귀금속 서비스: 그룹의 역량을 바탕으로 귀금속 관련 서비스 및 재활용 사업도 일부 수행할 수 있습니다.

4. 연구 개발(R&D): 생산뿐만 아니라 차세대 소재 개발을 위한 연구 개발 활동에도 투자하고 있습니다.

공장 또는 무역상 분류:

유미코아 코리아는 주로 제조업체(Manufacturer)에 해당합니다. 천안 등에 자체 생산 시설(공장)을 운영하며 직접 제품을 생산합니다. 생산된 제품을 한국 및 해외 시장에 판매하므로 무역 활동도 수행하지만, 핵심 정체성은 첨단 소재를 제조하는 공장을 운영하는 것입니다. 단순 중개나 유통을 주로 하는 무역상(Trading Company)과는 구별됩니다.

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English Translation:

Umicore Korea Ltd. - Company Introduction

Umicore Korea Ltd. is the South Korean subsidiary of Umicore, a global materials technology and recycling group headquartered in Belgium. Umicore Korea plays a significant role in the Korean market, particularly within the group's core business areas: Catalysis, Energy & Surface Technologies, and Recycling.

Key Activities and Characteristics:

1. Advanced Materials Production: Umicore Korea is a key player, especially in the production of cathode materials for rechargeable batteries. Its large-scale production plant located in Cheonan, South Chungcheong Province, is a major hub supplying high-performance cathode materials essential for the electric vehicle (EV) battery market. It works closely with major Korean battery manufacturers (e.g., LG Energy Solution, Samsung SDI, SK On, etc.), forming an important part of the Korean battery industry ecosystem.

2. Automotive Catalysts: The company also contributes to the Korean automotive industry by producing catalysts for automotive emission control.

3. Precious Metals Services: Leveraging the group's capabilities, it may also engage in precious metals related services and recycling activities.

4. Research & Development (R&D): Beyond production, Umicore Korea invests in research and development activities for next-generation materials.

Classification: Factory or Trading Company?

Umicore Korea Ltd. is primarily classified as a Manufacturer. It operates its own production facilities (factories) in locations like Cheonan, directly manufacturing products. While it engages in trading activities by selling its manufactured goods to the Korean and international markets, its core identity is based on operating factories that produce advanced materials. This distinguishes it from a Trading Company, which primarily focuses on brokerage or distribution without direct manufacturing.

here are the main types of products manufactured or sold by Umicore Korea Ltd. (유미코아 코리아 유한회사), translated into English:

Based on Umicore's global business structure and known activities in South Korea, Umicore Korea Ltd. primarily focuses on:

1. Rechargeable Battery Materials:

Cathode Active Materials (CAM): Especially Nickel Manganese Cobalt (NMC) oxides, which are critical components for lithium-ion batteries used in electric vehicles (EVs) and energy storage systems. Umicore has significant production capacity for these materials in Cheonan, South Korea.

Precursor Cathode Active Materials (pCAM): These are intermediate materials used to produce the final cathode active materials.

2. Automotive Catalysts:

Emission Control Catalysts: For gasoline and diesel vehicles, helping to reduce harmful emissions like NOx, CO, and hydrocarbons to meet environmental regulations. South Korea's large automotive industry makes this a key market.

3. Cobalt & Specialty Materials:

While potentially less prominent in manufacturing compared to battery materials and catalysts within Korea itself, Umicore globally produces various cobalt compounds and other specialty chemicals (like nickel chemicals, carboxylates) used in diverse applications (e.g., chemicals, pigments, electronics). These may be sold into the Korean market by Umicore Korea Ltd.

4. (Potentially) Recycling Services:

Umicore is a global leader in recycling complex materials containing precious and other non-ferrous metals, including spent rechargeable batteries and electronic scrap. While large-scale refining might occur elsewhere in Umicore's network, Umicore Korea Ltd. could be involved in the logistics, collection, or initial processing stages for battery recycling within South Korea.

In summary, the most prominent products associated with Umicore Korea Ltd.'s manufacturing activities are Cathode Active Materials for EV batteries and Automotive Catalysts for emission control. They also likely sell other products from Umicore's global portfolio into the Korean market and may engage in recycling-related activities.