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Umicore SA (UMI.BR)

UMI.BR on Brussels Stock Exchange

51.17EUR
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Umicore acquires full ownership of automotive catalyst JV in Korea
Tuesday, 14 Mar 2017 02:31am EDT 

Umicore SA : Reg-Umicore acquires full ownership of automotive catalyst jv in Korea . Announced acquisition of combined 50 pct shareholdings of Samkwang Glass Ind. Co., Ltd. and OCI Company Ltd. in South Korean automotive catalyst joint venture, Ordeg Co. Ltd. for 82 million euros ($87.30 million) . Transaction will contribute immediately to earnings of Umicore .Umicore - which previously held 50 pct of the equity - now has full ownership of Ordeg.  Full Article

Umicore acquires NMC battery material patents from 3M
Tuesday, 10 Jan 2017 01:32am EST 

Umicore SA : Umicore acquires nmc battery material patents from 3M . Umicore takes over all rights and responsibilities with existing licensees of 3M .Patents collectively cover South Korea, China, Japan, Europe and United States and have a validity of between 2021 and 2024.  Full Article

BASF says International Trade Commission determins Umicore infringes BASF laboratory patents
Tuesday, 20 Dec 2016 01:29pm EST 

BASF SE : Says International Trade Commission issues final determination that umicore infringes basf and Argonne National Laboratory patents . Says Commission confirms infringement by Umicore and its customers . Says exclusion order bans importation of Umicore's infringing lithium metal oxide cathode material into United States Further company coverage: [BASFn.DE] ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Umicore announces reorganization plans in Germany, expansion in Poland
Tuesday, 27 Sep 2016 09:35am EDT 

Umicore NV : Announces plans to consolidate automotive catalyst production in Germany and expand activities in Poland .The intention is to transfer the production at the Rheinfelden plant to Bad Säckingen over a period of three years.  Full Article

Umicore H1 revenues of 1.4 billion euros, up 1 pct
Friday, 29 Jul 2016 01:30am EDT 

Umicore NV : H1 recurring EBIT of 176 million euros ($194.99 million) (+3 pct) . H1 recurring net profit (group share) of 111 million euros (-15 pct) . Umicore has reached an agreement to sell its Zinc Chemicals business unit to OpenGate Capital . Expects full year recurring EBIT to be in range of 345 million euros - 365 million euros assuming current metal prices continue to prevail . Interim dividend of 0.60 euros per share will be paid out in August . H1 revenues of 1.4 billion euros (+1 pct) . H1 recurring EBITDA of 259 million euros (stable versus first half of 2015) .H1 net debt at 298 million euros corresponding to a gearing ratio of 14.3 pct.  Full Article

Umicore to sell zinc chemicals activities to Opengate Capital
Wednesday, 1 Jun 2016 11:40am EDT 

Umicore Nv : Umicore to sell zinc chemicals activities to Opengate Capital .Transaction places an enterprise value of 142.4 million euro ($159.0 million) on business and is expected to be closed during second half of 2016.  Full Article

Ruling regarding Umicore's alleged infringement of patents to be reviewed
Thursday, 12 May 2016 02:49am EDT 

Umicore NV :Says the United States International Trade Commission (ITC) has decided to review elements of the preliminary ruling made by an administrative law judge on Feb. 29, regarding Umicore's alleged infringement of patents licensed by the German chemical company BASF.  Full Article

Umicore gives FY 2016 guidance in line with analysts' estimates
Tuesday, 26 Apr 2016 01:30am EDT 

Umicore SA:Expects full year recurring EBIT to be in range of 335-360 million euros.FY 2016 EBIT: 333.2 million euros - Thomson Reuters I/B/E/S.  Full Article

Umicore announces US ITC judge's initial determination in patent case
Sunday, 28 Feb 2016 07:00pm EST 

Umicore SA:Said that in a mixed initial determination by an administrative law judge at the U.S. International Trade Commission (ITC), it was confirmed that Umicore did not directly infringe or induce infringement of patents asserted against it by BASF.The initial determination did, however, find that Umicore contributed to the infringement of these patents with respect to certain activities, including testing and evaluation, solely in the United States.As a next step, the case will be subject to review by the full Commission, which is expected to issue a final determination in June of this year.  Full Article

Umicore will propose a gross annual dividend of 1.20 euros per share
Friday, 5 Feb 2016 01:00am EST 

Umicore SA:Will propose a gross annual dividend of 1.20 euros per share.  Full Article

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