 Thank you Mr. von Böse for the very nice introduction and I'm sure You're one of the people that the person that is very happy with her. Let's say the renewed interest for materials I have a long experience in the company and 20 years ago or 15 years ago materials were not very what they call sexy There were a little bit old-fashioned and people didn't realize indeed that they are so crucial And so I'm very happy with this revival in the interest for advanced materials and and their applications What I plan to do is to give a short introduction on on umicore to the company where I'm working for and Then give some perspectives. Let's say some outcomes of the key enabling technology Exercise in relation to what we are doing. So the first slide gives you a very Global introduction to the umicore group. We are materials technology company global. That means that we are worldwide represented and materials technology means for us materials based on on metals and specifically on precious metals the platinum group materials like platinum palladium iridium Rodium and the specialty materials like germanium cobalt tellurium and indium and so on The focus of our companies on clean technologies that means for us. There are many definitions, but for us it means technologies Design to optimize the use of natural resources and reduce the environmental impact and we are a Belgium based company Quoted on the Brussels Stock Exchange Important for us is the the business approach and you see here a closed loop model and which is very critical for the company And we'll also come back in the further part of my presentation The focus on the science is on chemistry material science and metallurgy and from metals We produce added value products for applications But we also close the loop and we take back intermediate Products from the industry and also end-of-life products. So closing the loop is important for us And it's always in our game. Our aim is always to develop processes that are very mentally friendly With our products and our technologies we are very much aligned with some of the key Let's say mega trends and also societal set challenges for Europe and for the rest of the world One of them is the electrification of the automotive It's one of the key and let's say mega trends for us because we are a player an important player in cathode materials for Batteries we have a long-standing experience in electronics and we are now developing the right products for the Automotive we are focused with the closed-loop approach on the resource scarcity And we are the biggest recycle of precious metals and we recycle out of Very complex residues and intermediate products of end-of-life products. We recycle 20 different metals that are set specialty metals and precious metals More stringent emission control is important Let's say the the identification of the automotive will take some time So in the mean in the meantime, there is still some some work to be done on the emissions from cars and Heavy-duty vehicles and so on and there we play a role with catalysts for exhaust systems and renewable energy There we produce and we focus on materials for thought of all types and fuel cells The company as I said this world-wide represented I have to say and that's one of the challenges related to what we present today and what is the discussion of today A lot of this industry is moving to Asia and of course as a company we follow that to some extent the R&D portfolio is Is seven percent of the revenues of the company and it's focused around the five topics here on the screen Recycling emission control for the voltaix fuel cells and rechargeable batteries Which we call then that's fair for us the clean technologies of interest Before I go more to the advanced materials downstream I want to make the point here again on the on the importance. Let's say of the of The closed loop if you take for example the energy materials or the energy technology developed these days Many Bay metals based materials are playing a key role and within this metal based materials are metals, of course And here you see a number of examples of that in photovoltaics You have germanium gallium selenium tellurium indium and others silver also For the batteries you have the lithium cobalt nickel rare elements and so on For LEDs you have gallium indium germanium silver So also many of these special metals fuel cells platinum iridium cobalt and they are all present And they are crucial in the application very difficult to replace But they are not seen from the outside, so they are hidden, but you are extremely important and if you then look at the Critical materials as defined by the European Commission Which are quite similar to the critical materials defined by other geographical areas like in the US or Japan You see many of these elements coming back The critical materials are defined that materials that are very important from an economic point of view on the one on the horizontal axis and that have a risk of supply and you see in the upper right quadrant a high risk of supply and Importance for economy you see many of these elements coming back like cobalt gallium germanium indium and so on So that means that indeed for the energy applications for as an example, but there are other applications for energy The metals some of the metals and other products are extremely critical and important And that's also why we always stress the point that you have this advanced materials developed on metals Can only work if you add the closed loop and that you also take back the materials and use the minimum amount of Materials for the application and on top of that you recycle or reuse one way or another The materials that are not any more used for the application So that that point that will also come back in other session Let's say during the day after this one where specifically we will have presentations on let's say this closed loop road concept Now coming back on the advanced materials and the strategy in Europe as mentioned by mr. Von Bozer we have worked in the key enabling technology group and Key enabling technologies were Were defined as Technology that will contribute to the growth and employment in Europe with innovative products It will strengthen the value chains from the bottom So not only buying materials outside and then assemble But if you have the advanced materials in Europe, you can build an industry from the bottom Creating other other job opportunities in the downstream activities and of course they are Proven to be important for societal challenges As you see on this on this picture, you see that the materials are at the bottom That's why they are hidden and and very often neglected They go into equipment they go in components and they're the key enabling technologies were stressing the importance of materials and then it goes into products that will meet the societal challenges and You have many examples of them in the report we use this once is the electrical vehicle again meeting the decapitalization of transport Where you see many of these key enabling technologies and advanced materials was one of them All those ones were a macro electronics photovoltaic sensor on and you see that all these key enabling technologies are very crucial in developing Let's say an electrical vehicle The same for the information digital society you see here the the smartphones and also you probably know that in this kind of Devices you have all kinds of advanced materials present and if you look at metals For example nearly all the metals of the table of Mendeleev or somewhere present in in this kind of devices Now what is the what are the issues or the the difficult the difficulties in this in this industry is that first of all In Europe we are facing of course a big competition and the competition is mainly in the first place in recent years coming from Asia So the the support there in Asia is fantastic. I mean in some we are present in Korea And the focus of their support is not only on research But a lot on getting very quick new plants operational So the permits are going very fast You get immediately support from governments to to be at the right place and get the right piece of land to start your operation For example, so that means that the support is very strong and not only financially, but also I would say With with with administration with the support on permits as mentioned and so it's it's difficult to match this This let's say this very proactive approach from the Asian countries to attract industry The focus is also very much on on fabrication on production As I said not only on research, but also on production and So they they they focus a lot on on the science side But they also focus a lot on implementing it and creating a full value chain and you see here also on the on the on the graphs some some indicative numbers Although we have always to be careful with interpretation You see Europe US and the rest of the world and you see that Europe is in in general a little bit more let's say stronger on the on the side of let's say the The upper parts and the funding in the case of nanomaterials, but you can have other examples in the same in the same sense In the in the patent and so the IP protection and these kind of things But then if it comes really to production on the lower part where it goes to supporting let's say the the the production of of nano based products for example there is much more tendency to support let's say also the The pilot and the more let's say fabrication oriented initiatives And as also mentioned at the last bullet point again We have not all the critical materials available in Europe. So we have to be careful there next point is that On the positive side, of course, we have considerable assets also in the advanced materials area We have very good research as mentioned before we have good. Let's say Fundamental science. We have also enough publications and these kind of things But when it comes to let's say really Translating that into manufacturing. It's it's in it's a problem And that's a problem that we know for a long time and I give here the example of the batteries But one of the next speakers will come back on that Probably in more detail It's that for example in the case of batteries we see that in Europe we develop still a lot of patents And we are quite efficient in the fundamental Research, but when it comes to really big-scale industrial production, you see that 80 70 percent Is is done in Asia and more specifically Japan, Korea and recently also in China So that doesn't mean that we have no competences in Europe We are certainly the competences but when it comes to really big manufacturing It's it's moving in this case and there are other cases, but this is a very good example I think it moved over time completely to Asia and it's now a big challenge to get it back to Europe and During the exercise of the key enabling technologies the the value of that came up. It's a very well-known I think Issue that we are facing that everybody is facing basically is the issue of translating knowledge into into business into market access every country and every every every Company has that problem basically But in Europe it seems to be more difficult to have that more efficiently done than in other areas And that's what discussed that was the focus of the key enabling technologies to focus on The crossing of the value of that and there was the idea. Let's say came up or the model came up to Support three pillars to make the bridge the one on technical technological facilities the second one on pilot lines and demonstrations and also don't forget the competitive Manufacturing as an important factor in the success for advanced materials and other technologies In the case of advanced materials There we say okay Let's say if you want to bridge the value of that and make Europe more competitive advanced materials It has to be in the first place one of the priorities for the horizon 2020 We have to work on the three pillars to bridge the value of the value of that That means also that the RDI funding has to be rebalanced To more let's say the application site We also recommend to To have it more industry driven so that we have more let's say the market focus from the beginning We also recommend to combine the funding mechanism so that you create critical mass because countries like China are putting big amount of money and efforts and human resources To to catch up so with small initiatives very much spread all over the place We will not make it so we say okay Let's let's group industry money with European money and member states money special attention for IP policies and Also for education and creating the let's say the basis of let's say the critical mass on human resources and one of the initiatives that will be Discussed this afternoon in a workshop is a proposal by 30 organizations in the advanced materials sector of which 15 leading material companies of 10 countries in the EU and they will propose that the implement To focus on the implementation of the set plan the energy plan and in the set plan There is a materials roadmap and they propose to focus with their group around let's say the the materials part of it And that will be done with an association with the name emiri energy materials industrial research initiative And that will indeed try to regroup enough critical mass in Europe To let's say to make more Effectively or efficiently use of the resources that exist and the money that is spent in in this field Of course other organizations Universities era network and so on will alliance will be part of the exercise And as I said the focus will be really on having the building the bridge from innovation from creativity Let's say invention research towards markets So to conclude I have to say that advanced materials Has been proven already many times and and this is I agreed upon by many people In industry and also at you that is very important for the strategy of humicore the Europe Is is facing global competition? That's that's clear so we need to reinforce the efforts in that field and more integration and Strong attention to that say the bridging of the value of that is important And we have to be proactive And that's why also this initiative emiri will take an initiative to try to convince to create the PPP So this is my contribution on the most materials. I thank you for your attention