Business - 04/July/2019

How a sustainable vision led an old company to a new future

If you go into a transition you need a vision

Belgian company Umicore is a case study in how an old fashioned firm that for two centuries made its living from resource extraction transformed into a future-fit enterprise with sustainability at its heart, producing products essential to the energy transition


Changing vision: Umicore started out in the nineteenth century as a leader in the world of zinc refining. Today its focus is high-tech materials for sustainable mobility

Key to success: Sticking to a long-term vision even when the going gets tough

Wise words: You can be both a low-carbon economy leader and profitable at the same time


Egbert Lox loves chemistry. A chemical engineer, he has been senior vice president for government affairs at Belgian firm Umicore for the past six years and with the company for more than twice that time while it reinvented itself for the energy transition. A publicly traded enterprise with 10,000 staff, Umicore describes itself today as a global materials technology and recycling group.

Thanks to a series of visionary CEOs, the company has gone from miner and smelter to high-tech materials supplier for sustainable mobility. It makes exhaust cleaning systems for cars, materials for lithium-ion batteries and fuel cells and recycles them all. ...

Try FORESIGHT - 30 days for €29

Already a subscriber?

Login



Comments are closed.

Related articles

Despite an increase in sales in recent years, electric cars remain a novelty in many countries. One street in Norway, however, is miles ahead

Electric avenue

Despite an increase in sales in recent years, electric cars remain a novelty in many countries. One street in Norway, however, is miles ahead. Out of the 150 families living on Søndre Vei, a street outside Oslo, nearly 90% of them drive electric cars.

Read more

The rapid uptake of electric vehicles in California brings with it an increase in electricity storage capacity that perhaps calls into question the need to invest separately in batteries to support the bulk supply of electricity

Battery bravado

The rapid uptake of electric vehicles in California brings with it an increase in electricity storage capacity that perhaps calls into question the need to invest separately in batteries to support the bulk supply of electricity

Read more

Ensuring land use planning and transport policies are on the same page is vital if Auckland, New Zealand is to reduce emissions and meet its low carbon goals

Driving the transition

Ensuring land use planning and transport policies are on the same page is vital if Auckland, New Zealand is to reduce emissions and meet its low carbon goals

Read more

California is leading efforts to make the transition from combustion engines to electric vehicles fair and just for all including low-income groups

Electric vehicles for everyone

California is leading efforts to make the transition from combustion engines to electric vehicles fair and just for all including low-income groups

Read more

waste pollution

We live in a material world

Waste pollution in product lifecycles is set to ease: beer bottles made from wood‚ toilet rolls from sour milk; biodegradable plastic packing; and LEGO bricks in a new material

Read more

The race to build better batteries

Lithium-ion batteries have developed a competitive edge for some uses, but flow batteries could be best for grid scale storage

Read more