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1 Closing the Loop for Metals: The Umicore experience Dr. Christian Hagelüken Meeting of the Environment Policy Committee at Ministerial level 29 th September 2016, OECD Conference Centre, Paris

2016 ENV Ministerial - Christian Hageluken - Umicore -Circular economy

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Page 1: 2016 ENV Ministerial - Christian Hageluken - Umicore -Circular economy

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Closing the Loop for Metals:The Umicore experience

Dr. Christian HagelükenMeeting of the Environment Policy Committee at Ministerial level

29th September 2016, OECD Conference Centre, Paris

Page 2: 2016 ENV Ministerial - Christian Hageluken - Umicore -Circular economy

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19th century: start as a mining company Vielle-Montagne / Union Minière

1990s: moving away from mining and commodities/base metals production to high-tech products and recycling

2001: New name: Umicore, promoting the “closing the loop” philosophy

UmicoreFrom Linear to “Closing the Loop”

Closing the loop for metals, OECD, 29.9.2016

Page 3: 2016 ENV Ministerial - Christian Hageluken - Umicore -Circular economy

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A global materials technology & recycling group10,400 people, 66 manufacturing sites, €2.6 Bn revenues (2015)

One of three global leaders in emission control catalysts for light-duty and heavy-duty vehicles and for all fuel types

A leading supplier of key materials for rechargeable batteries used in portable electronics and hybrid & electric cars

The world’s leading recycler of complex waste streams containing precious and other valuable metals

Closing the loop for metals, OECD, 29.9.2016

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The Circular Economyrequirements from a metals perspective

Physical: EoL-materials need to find their way into new products focus on quality & performance of applied recycling processes

Economical: Revenues need to match costs of entire recycling chain comprehensive collection, chain optimisation, economies of scale special challenge for high quality recycling of complex consumer products

Recycling – key contributor to resource efficiency supply side: primary & secondary RM are complementary demand side: resource efficient materials, substitution, product design & resource efficient use

Circular economy = recovering materials comprehensively at product EoL, when ever and where ever this will take place Key role of business models

Closing the loop for metals, OECD, 29.9.2016

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Provide legal certainty and

appropriate frame conditions;

not less but right legislation

Creatively look for partners / alliances in business (upstream /

downstream) and beyond (policy &

society)

Make it part of your business strategy link to your core competencies and

(longer term) commercial benefits

Closing the Loop for Metals, Christian Hagelüken, 8,09,2016

consider whole product life cycle to identify opportunities & synergies

To increase “circularity” we need joint efforts