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lucyhendersonfinance-blog · 3 years

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UMCOR: Who leads the group?

Who’s Umcor

Founded in 2003 by Markus Mueller, who is also the chairman, Umcor - The United Metal Corporation, operated as a pure trader from 2003 to 2009, before acquiring production plants and expanding its focus. With its headquarters in Zurich, step by step to becoming recognised as a major player across the globe, Umcor AG has developed into a major trade and production group with an international presence and over 1,000 employees in non-ferrous metal markets.

About Markus Mueller

With 25 years of experience in founding and running trading non-ferrous metal companies and holdings, Markus founded Umcor in partnership with other esteemed traders with over 15 years’ experience in the non-ferrous metal industry.Montanwerke Brixlegg group

The Montanwerke Brixlegg group was acquired by Umcor in 2012. Operations conducted at this site include the production of copper cathodes, round bars and cakes from secondary materials. Various precious metals (gold, silver, platinum, palladium) and chemical products (dicopper chloride trihydroxide, iron silicate slag and nickel sulphate) are accrued as by-products of the copper extraction.

Umcor’s mission statement

The Umcor Group and its subsidiaries supply the non-ferrous metal markets with excellent-quality copper products. Our copper has a high recognition value with a wide range of applications across varied industries. Umcor works across global markets to provide exceptional quality metal products to our clients around the world.

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lucyhendersonfinance-blog · 3 years

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UMCOR: What are their products?

Umcor’s mission statement

Umcor’s leadership

Umcor was founded by Markus Mueller, who is also the Chairman. Markus has over 25 years of experience in founding and running trading non-ferrous metal companies and holdings. He founded Umcor in partnership with a number of other experienced metal traders with over 15 years’ experience in the non-ferrous metal industry.

Umcor’s products

Umcor supplies metal products to a wide range of industries globally. Umcor are proud to have long-term customers like Nexans, Anglo American, Prysmian, Gerald Metals and Mercuria among their customer base.

Copper

Copper is a soft metal with high electrical conductivity and thermal properties which makes it a popular metal in varied industries, with a wide range of uses. Our copper products are used in a wide variety of applications including:

Medical technology

Electrical and electronic

Mechanical and engineering

Automotive

Construction

Other metals

Our other metals, including lead, zinc and steel alloys also have uniquely valuable properties, which are used in a range of specialist industries:

Battery production

Radiation protection

Galvanising metals

Umcor’s background and history

Umcor - The United Metal Corporation - was founded in 2003. Umcor operated as a pure trader from 2003 to 2009, before acquiring production plants and expanding its focus.

Umcor AG acquired Montanwerke Brixlegg AG (MWB) – the oldest copper smelter in Europe - in April 2012. Together with MWB, Umcor also acquired Krombachy in Kovohuty Slovakia. This factory mainly produces Copper Anodes for MWB.

In the same year, Umcor bought the French industrial group Gindre Duchavanynear Lyon, which is strategically important for Montanwerke Brixlegg and purchases a large part of its input materials from Montanwerke.

These acquisitions brought Umcor’s employees worldwide to over 1,000 individuals and made Umcor a leading global metal trader with offices across continents.

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lucyhendersonfinance-blog · 3 years

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UMCOR: Who are they and what do they do?

Umcor’s mission statement

The Umcor Group - with its production subsidiaries – is proud to supply the non-ferrous metal markets with high-quality copper products that have a high recognition value, excellent quality, and a wide range of applications. Umcor prides itself on working around the clock to provide exceptional quality metal products to our clients globally, with outstanding service.

History of Umcor

2003-2009

The United Metal Corporation – Umcor - was founded in 2003.

From 2003 to 2009, Umcor operated as a pure trader, before expanding its focus with the acquisition of production plants.

2012

In April 2012, Umcor AG acquired Montanwerke Brixlegg AG (MWB) with more than 330 employees. The company is the oldest copper smelter in Europe and has one of the most traditional plants in Austria.

Together with MWB, Umcor acquired the daughter plant of MWB, Krombachy in Kovohuty Slovakia with 160 employees. This factory mainly produces Copper Anodes for MWB.

In the same year, Umcor bought the French industrial group Gindre Duchavany near Lyon with over 500 employees, which is strategically important for MWB and purchases a large part of its input materials from MWB.

These acquisitions bring Umcor’s employees worldwide to over 1,000 individuals.

2021

Today, Umcor is a leading global metal trader renowned around the world with offices in multiple continents.

Who runs Umcor?

Markus Muller is the Chairman of Umcor, with over 25 years of experience in setting up and operating trading companies and holdings in the non-ferrous metal markets. You can find out more about Markus here.

Markus founded the company in partnership with experienced metal traders who have over 15 years of experience in the non-ferrous metal markets.

Umcor’s values

Umcor deals fairly with our partners and treat them as equals.

Umcor creates sustainable long-term relationships with suppliers and off-takers on a win-win basis.

Umcor is committed to Fair Trade and competition.

Umcor follows modern environmental standards in copper recycling.

Umcor respects the dignity and individual personality of our employees and actively prevent discrimination.

Umcor’s clients

Our valued long-term customers include companies such as Prysmian, Nexans, Anglo American, Gerald Metals, Mercuria and many more.

We have also worked very closely and in a spirit of trust with numerous well-known commercial banks since the beginning of Umcor.

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