Umicore Inaugurates New Battery Recycling Facility in Belgium

Brussels, Belgium-based Umicore has officially inaugurated its new rechargeable battery recycling facility in Hoboken, Belgium. In late 2009 the company announced plans to invest €25 million (US$34.1 million) to build a battery recycling plant that would produce batteries for hybrid electric vehicles and mobile phone batteries. In inaugurating the new facility, Umicore says that the market is anticipated to gain momentum, driven by a combination of intensifying recycling legislation, a continuously growing portable electronics market and an increasing share of hybrid and electric vehicles on the roads

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Umicore Inaugurates New Battery Recycling Facility in Belgium