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Supplier Name Address Major Parts Suppliers Reports Country
N.V. Bekaert S.A. Bekaertstraat 2 BE-8550 Zwevegem, Belgium Major Parts Suppliers image
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Recticel N.V./S.A. Bourgetlaan 42 Avenue du Bourget 1130 Brussels, Belgium Major Parts Suppliers image
ADF TIB Pantserschipstraat 171, 9000 Gent, Belgium image
Adient - Assenede Paul Christiaenstraat 1, 9960 Assenede, Belgium image
Adient Oevel-Westerlo Nijverheidsstraat 13, Oevel-Westerlo 2260, Belgium image
Adler Pelzer Genk (HP Pelzer N.V.) 15, Henri Fordlaan, Genk, 3600, Belgium image
Advionics NV Siemenslaan 16, 8020 Oostkamp, Belgium image
A.F Belgium S.A Chaussée de Tubize 485 F1420 Braine-L'Alleud, Belgium image
AGC Automotive Europe S.A Avenue Jean Monnet 4, 1348 Louvain-la-Neuve, Belgium image
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Oct 18, 2021

On October 15, Umicore announced the signing of long-term lithium supply agreements with Ganfeng Lithium Co., Ltd. and Vulcan Energy Resources. Both contracts have an initial duration of five years and can be extended upon mutual agreement. These agreements will provide Umicore with an additional sustainable and regional supply of this key raw material to meet the growing demand for cathode materials of its global automotive customers.
The agreement with Ganfeng Lithium Co. Ltd, based in Jiangxi - China, concerns the supply of lithium as of 2022 and will cover a significant part of Umicore’s future lithium requirements in Asia. Lithium is mined from hard-rock deposits in Australia under the strictest sustainability standards. The agreement with Vulcan Energy Resources, based in Karlsruhe – Germany, will take effect as of 2025. It will cover part of Umicore’s future lithium hydroxide needs in Europe, allowing Umicore to purchase between 28,000 and 42,000 tons over the duration of the contract. 

Umicore press release

Oct 12, 2021

Recticel N.V. (Recticel) announced that it has received a binding offer from Carpenter Co. for its Engineered Foams business for a cash consideration based on an enterprise value of EUR 656 million on a cash and debt-free basis. The Board of Directors will review options for the use of proceeds from the sale of the Engineered Foams business. Carpenter Co., headquartered in the US (Richmond, Virginia), is one of the world’s largest producers of foam products. Combining Recticel’s Engineered Foams business with Carpenter’s Foams business will create the world’s largest vertically integrated manufacturer of polyurethane foams and specialty polymer products. Following the offer by Greiner in May 2021, Recticel’s Board of Directors concluded that the offer was not in the interest of shareholders and other stakeholders, and significantly undervalued the company. Subsequently, Recticel’s Board of Directors initiated a complete review of its strategic alternatives taking into account the interest of all stakeholders. After due consideration of these alternatives, the Board of Directors concluded that a better strategic project and superior value can be created by pursuing a strategy to separate its businesses and to dispose of Engineered Foams. (From a press release dated October 11, 2021)

Oct 11, 2021

On October 7, Sabic started a new polypropylene (PP) compounding line in Genk, Belgium. It will produce next-generation lightweight applications for automotive and other industries. The new line is an addition to the company’s existing production capacity for Sabic polypropylene compounds at the Genk site and will use raw materials from Sabic’s PP plants at Gelsenkirchen, Germany, and Geleen, The Netherlands. It has been equipped with cutting-edge large-scale extrusion technology to meet the market’s growing demand for high-quality, high-performance PP compounds with reliable and consistent supply.

Sabic press release