Johnson Matthey Plc (JM), a leader in sustainable technologies, has finalized the sale of its Medical Device Components (MDC) business to Montagu Private Equity (Montagu) for a cash consideration of $700 million (£550 million) on a cash-free, debt-free basis. This decisive move is part of JM’s strategic plan to streamline its operations and focus on […]
Equinor has contracted Linde Engineering and BOC, both Linde companies, to advance the 600MW H2H Saltend low carbon hydrogen production project in the UK. The Norwegian state-owned oil and gas company has awarded a front-end engineering design (FEED) contract to Linde Engineering, and an operation and maintenance service contract to BOC. Under the contract, Linde […]
Johnson Matthey has agreed to sell a part of its battery materials business to EV Metals Group, an Australian battery chemicals and technology firm, for £50 million ($63.1 million) in cash. Additionally, the British specialty chemicals company will also secure a minority stake in EV Metals Group. The sale covers Johnson Matthey’s assets at the […]
Johnson Matthey (JM) has won a methanol technology contract from Technoleasing for the new Amur Oblast facility to be built in Skovorodino, Russia. In this connection, the British specialty chemicals company will offer a license for its combined reforming methanol technology to the 3,000 metric tons per day (mtpd) methanol production plant. Johnson Matthey will […]