Annual report 2003

More documents

Recommendations

Info

Group Management Thomas Leysen Chief Executive Officer Jean-Luc Deleersnyder Executive Vice-President Martin Hess Executive Vice-President Hugo Morel Executive Vice-President Pascal Reymondet Executive Vice-President Marc Van Sande Executive Vice-President Marc Grynberg Chief Financial Officer Alain Godefroid Corporate Vice-President Michel Moser Corporate Vice-President Guy Beke Senior Vice-President Purchasing & Transportation Joerg Beuers Senior Vice-President BU Jewellery & Electroplating Thierry Caeymaex Senior Vice-President BU Copper Michel Cauwe Senior Vice-President BU Electro-Optic Materials Sidnei Cestari Senior Vice-President Umicore Brasil Stephan Csoma Senior Vice-President BU Zinc Alloys & Chemicals Edwin D'Hondt Senior Vice-President Information Systems Ralf Drieselmann Senior Vice-President BU Precious Metals Management Guy Ethier Senior Vice-President Corporate EHS Luc Gellens Senior Vice-President Research Development & Innovation Leo Jacobs Senior Vice-President BU Zinc Smelting Tom Kreuzer Senior Vice-President R & D Automotive Catalysts Hans Kuehn Senior Vice-President Production & Technology Automotive Catalysts Michael Neisel Senior Vice-President BU Automotive Catalysts Europe & Africa Joerg Plessow Senior Vice-President BU Technical Materials Ernst Pleyer Senior Vice-President BU Building Products Bill Staron Senior Vice-President BU Automotive Catalysts North America Dirk Uytdewilligen Senior Vice-President BU Specialty Oxides & Chemicals Pierre Van de Bruaene Senior Vice-President Umicore Marketing Services André van der Heyden Senior Vice-President, Managing Director of Padaeng Jan Vliegen Senior Vice-President BU Engineered Metal Powders
Main products and applications ADVANCED MATERIALS Batteries › Zinc powder Alkaline batteries › Cobalt oxides and powders Rechargeable batteries for mobile phones, › Nickel hydroxide laptops, tools, etc › Lithium cobaltite › Cobalt chemicals Ceramics and Chemicals › Cobalt oxide and chemicals Ceramic applications, chemical catalysts, › Nickel oxide and chemicals paint drying, tyres, electroplating › Manganese chemicals Engineered Powders › Cobalt powders Hard metal and diamond tools High-Purity Chemicals › Germanium tetrachloride Internal coatings for fibre optic cables › Germanium dioxide Catalyst for PET plastics Optics › Germanium Infrared lenses, infrared applications and lasers › Chalcogenide glass Lower cost infrared applications (night vision in cars) › Optical components Lenses, beam-splitters, scanner optics Substrates › Germanium wafers Satellite solar cells, laser diodes Synthetic Diamond › Synthetic diamond and Tools eg. saws, drills, grinders polycrystalline products COPPER › Wire rod Copper wires, power cables, telephone cables, flexible power cords, motor windings, overhead conductors for high-speed trains, robotics, magnetron, etc. › Cakes Roofing materials, gutters and rainpipes, electronic connectors, power transistors, cable shielding, copper foils, etc. › Billets Sanitary tubes, industrial tubes, air conditioners, special profiles, bearings, etc. › Nuggets Electroplating, alloys, galvanizing, powders PRECIOUS METALS SERVICES › Gold Jewellery, electronics, coins › Silver Jewellery, photography, catalysts, mirrors, coins, dentistry, electronics › Platinum Group Metals Car catalysts, chemical applications, glass, electronics, dentistry, jewellery › Metals management services Hedging, leasing, trading, liquidity provision PRECIOUS METALS PRODUCTS AND CATALYSTS Automotive Catalysts › Diesel and gasoline catalysts Emission control in automobiles, and other vehicles › Diesel particulate filters Control of particulate emissions in automobiles and other vehicles › NOx adsorber catalysts Emission control in lean burn gasoline engines Technical Materials › Metallic and composite soldering, Electronic (micro and power) packaging attaching and sealing materials applications › Platinum/rhodium components, Production of high-quality glass (flat panel coatings and systems displays) and also chemical applications › Contact and fuse materials Circuit breakers and switches › Soft solders, brazing alloys, solder pastes Joining metal to metal 1 1 via BrazeTech subsidiary Jewellery and Electroplating › Sheets, tubes, strips, wires, blanks Jewellery, coins › Refining Services Closed loop offering to various customers › Precious metal electrolytes, Electroplating salts and additives Precious Metals Chemistry › Organic and inorganic precious Heterogeneous and homogeneous catalysts metal compounds Thin Film Products › Specialty alloys Coatings for optical data storage, optics, electronics and displays ZINC Zinc Smelting/Zinc Alloys and Chemicals › Specialty alloys Special alloys for continuous galvanizing of sheets and wire and shop galvanizing of manufactured parts › Die-casting alloys Alloys for injection of parts for cars, locks, electronic/electric components › Commodity products Special High Grade zinc (for various applications) and basic alloys (for galvanizing) › Zinc oxide Rubber (general rubber goods, tyres), ceramics, glass, chemicals, pharmaceuticals, cosmetics, electronics, paints, lubricants, animal feed › Zinc fine powder Coatings (anticorrosive paints, mechanical plating), chemicals (reducing agent, catalyst, organic synthesis), metallurgy (zinc purification, recovery of precious metals), batteries Building Products Zinc (and lead) sheets, manufactured products and building systems for roofing and façade applications, rainwater systems, flashings and ornaments CORPORATE AND INVESTMENTS Fuel Cells › Membrane electrode assemblies, Proton Electrode Membrane (PEM) fuel cells fuel processing catalysts and electrocatalysts The above list is not exhaustive but highlights Umicore’s key products and some of their more important applications. Umicore also produces a range of by-products during the manufacturing processes in each business area. Some of these, such as lead and sulphuric acid, are important components of Umicore’s business. For more information on Umicore’s full range of products please visit www.umicore.com 118 | 119
Page 1 and 2:
Annual report 2003 Umicore’s germ
Page 3 and 4:
Umicore is the world leader in coba
Page 5 and 6: Adapting the Group’s structure De
Page 7 and 8: Contribution to Recurring EBIT (1)
Page 9 and 10: however, was in reconfiguring a pre
Page 11 and 12: Sigurd ADLER, Vice President & Gene
Page 13: packaging materials, precious metal
Page 16 and 17: Sales by Business Line Engineered p
Page 18 and 19: 200 150 100 50 0 Sales Trends of Ge
Page 21 and 22: 1| Precious Metals Services is the
Page 23: Source of Materials in 2003 (Expres
Page 26 and 27: Geographical Breakdown of Business
Page 29 and 30: 1| The properties of zinc make it t
Page 31: 120 116 112 108 104 100 96 Share %
Page 34 and 35: 400 350 300 250 200 150 100 50 ('00
Page 37 and 38: 1| Thanks to the acquisition of PMG
Page 39 and 40: 50 40 30 20 10 0 € million R&D Ex
Page 41 and 42: Environment Health and Safety 30 25
Page 43 and 44: Some industry terms & definitions A
Page 45 and 46: Treasury shares and stock option pl
Page 47 and 48: Belgian GAAP IFRS 1999 2000 2001 20
Page 49 and 50: while the growth in primary supply
Page 51 and 52: Compensation of the Executive Commi
Page 53 and 54: Jean-Luc Dehaene, 63 Independent no
Page 55: Hugo Morel, 53 Executive Vice-Presi
Page 59 and 60: Umicore: a worldwide presence Vanco
Page 61 and 62: Dividends Starting 21 April 2004 If
show all

Annual report 2003

Create successful ePaper yourself

Delete template?

Save as template?