Umicore has reported 2018 revenues of €3.3 billion, an 17% increase from 2017.

The company said that it won significant new business in the latter half of 2018, including the largest share of gasoline platforms requiring particulate filters in Europe and China in the automotive catalyst sector. It also made an 56% increase in the number of patent family filings compared to the previous year.

‘I am really pleased to see that our strategic choices and recent investments are paying off,’ said Marc Grynberg, CEO. ‘We have reached the original Horizon 2020 objectives two years ahead of schedule and are on track to achieve our raised ambitions notwithstanding a less favorable macro-economic environment in 2019.’

This story uses material from Umicore, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.