Umicore is engaged in the materials technology business. It operates through the following business segments: Catalysis, Energy Materials, Performance Materials and Recycling. The Catalysis segment produces automotive catalysts for emission abatement in light and heavy duty vehicles, and catalyst products used in chemical processes such as the fine-chemical and life science industries. The Catalysis segment is composed of the Automotive Catalysts and Precious Metals Chemistry business units. The Energy Materials segment focuses on materials used in rechargeable batteries, in both portable electronics and hybrid electric vehicles and solar energy. The Energy Materials segments is composed of the following business units: Cobalt Specialty Materials, Electro-Optic Materials, and Thin Film Products. The Performance Materials segment applies its technology and know-how to the unique properties of precious and other metals, and is composed of the following business units: Zinc Chemicals, Electroplating, Platinum Engineered Materials, Technical Materials, and Building Products. The Recycling segment treats complex waste streams containing precious and other non-ferrous metals, and is composed of the following business units: Precious Metals Refining, Precious Metals Management, Battery Recycling, and Jewellery & Industrial Metals. The company was founded on July 7, 1904 and is headquartered in Brussels, Belgium.