25 August 2014
Details
Umicore announced today
the acquisition of the business and assets of
CP Chemicals in Wickliffe, Ohio.
CP Chemicals is a refiner and recycler of
cobalt and nickel containing secondary materials
such as superalloy scrap and transforms these into chemicals
for the catalyst and petrochemical refining industries.
CP Chemicals also recycles rhenium
from superalloy turbine blades
used in the aviation industry.
The business, which employs 40 people,
will be integrated in
Umicore’s Cobalt & Specialty Materials business unit.
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