Umicore SA inaugurated its new global R&D center for cathode materials in Cheonan, Korea. The new center marks another important step as Umicore's rechargeable battery materials activity prepares for further growth and is strengthening its long-term top-notch technology position. The new center went into full operation early April and gives its customers access to the highest quality R&D services with industry-leading efficiency 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. The center also houses a new large battery cell laboratory with extensive testing capabilities. The 30,000 meter square building complex with top-grade equipment is situated next to Umicore's existing R&D center and cathode materials production plants in Cheonan and can accommodate future growth of the R&D activities.

Umicore currently employs more than 160 engineers and scientists in the center and employment is expected to grow close to 300 people in 2024.