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Umicore inaugurated its new global R&D center for cathode materials in Cheonan, Korea. in order to meet the constantly evolving cathode requirements for automotive, energy storage system (ESS) and portable electronics applications. Product research will continue to focus on next-generation battery materials, including very high-nickel NMC, low cobalt NMC, manganese-rich chemistries as well as solid-state battery materials technology.
Umicore SA, a global major in the cathode materials sector that is based in Belgium, will invest $30 million to build its largest research and development center in Asia in South Korea’s Cheonan, South Chuncheong Province. It will be the largest in size ever built by the Belgian company in Asia.