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Umicore Precious Metals (Thailand) Ltd. was incorporated on 3rd November 1993 as Degussa Thailand Ltd. as a trading company, with the first name change to JJ-Degussa (T) Ltd. after the joint venture on 1st April 1997. The name was changed to dmc-2 Metals (Thailand) Ltd. on 6th July 2000 after Allgemeine Gold-und Silberscheideanstalt, Pforzheim/Germany became shareholder in 1999. On 13th May 2002 the company name changed again to OMG Metals (Thailand) Ltd. after being acquired by the OM Group in 2001.
 
Effective 1st August 2003, the Belgian n.v. Umicore S.A., Brussels, took over the former Degussa precious metal business from the OM Group, Cleveland. Umicore is a materials technology group. Its activities are centred on four business areas : Advanced Materials, Precious Metals Products and Catalysts, Precious Metals Services, Zinc Specialties. Each business area is divided into market-focused business units.
 
Umicore focuses on application areas where it knows its expertise in materials science, chemistry and metallurgy can make a real difference, be it in products that are essential to everyday life or those at the cutting edge of exciting, new technological developments, Umicore’s overriding goal of sustainable value creation is based on this ambition to develop, produce and recycle metals in a way that fulfils its mission : materials for a better life.
 
Umicore Group has industrial operations on all continents and serves a global customer base; it generated a turnover of EUR 9.2 billion in 2008 and currently employs some 15,500 people.
 
Umicore Precious Metals (Thailand) Ltd. based on over one hundred years of Degussa experience and tradition in the precious metal business will remain focussed on precious metal business such as precious metal refining and production and distribution of semi-finished products for the jewellery and electroplating industry. The company is located in the Gemopolis Industrial Estate, on the eastern outskirts of Bangkok, close to Suvarnabhumi Airport.
 
Update: June 2009