Innovation and technology are at the heart of what we do. Today, Umicore is already an innovation and technology leader, pioneering in chemistry, material science and metallurgy. Our future success relies on us maintaining our technological advantage and value creation.
To push the boundaries and to contribute to a sustainably-driven world, Umicore embeds research and innovation in the core of all our activities. This is reflected in our ambitions to continuously be an innovation and technology leader to reach our next strategic chapter, Umicore 2030 RISE. We aim to rapidly scale-up our business as we meet the powerful megatrends of mobility transformation to electrification, the growing need for metal-based advanced materials, and the push for circularity of critical metals. Umicore is uniquely positioned to serve these fast-accelerating global demands, through our strength in metallurgy, chemistry and materials science.
Our innovation pipeline is focused on sustainable product and process technologies that enable continued long-term business growth and secure our leadership in the areas of clean mobility materials, metal-based advanced materials and recycling.
A significant part of our technology is delivered through our own R&D findings, including scaling new technologies to commercial realisation through our New Business Incubation (NBI) unit. At an early stage, NBI identifies winning technologies with the potential to become mature businesses over a horizon of 5 to 15 years.
We operate 15 R&D sites across the world, with a team comprising over 35 nationalities. We continually invest to ensure we can attract the best scientific talent to our international R&D team, helping us develop the next generation of sustainable products and process technologies.
However, we cannot find all the solutions to these fast-moving societal megatrends alone. That is why Umicore also forges partnerships and develops technologies in collaboration with leading industrial or academic partners, through market intelligence, open innovation and investment in start-ups.