- The first phase of the €660 million investment will start deliveries in late 2020.
- The plant in Nysa will create up to 400 jobs.
- A new Process Competence Center in Olen, Belgium, will be commissioned in late 2019.
- The center in Olen will employ around 20 researchers.
Investment and Production Timeline
Umicore has selected Nysa, Poland, for its new cathode materials production plant, aimed at serving the European automotive market. This plant is part of a €660 million investment program announced earlier this year. The first phase of this investment is set to begin deliveries in late 2020.
Job Creation and Location Benefits
The Nysa plant is expected to create up to 400 jobs. The location offers proximity to European customers, access to a skilled technical workforce, and a low-carbon electricity supply. These factors contribute to a stable environment for Europe’s first substantial cathode material factory.
Process Competence Center in Belgium
In addition to the Nysa plant, Umicore will establish a new Process Competence Center at its existing site in Olen, Belgium. This center will enhance Umicore’s leadership in innovative, energy-efficient production processes. The center is expected to be commissioned in late 2019 and will employ around 20 researchers.
