Johnson Matthey includes hydrogen as one of its four focus areas
Johnson Matthey reorganises with greater hydrogen focus
Investment in AEM electrolyser manufacturer Enapter part of wider strategic reorientation of the business
Technology firm Johnson Matthey has reorganised its business following an in-depth review of its operations overseen by incoming CEO Liam Condon. The firm has simplified its operations, focusing on four key business areas: clean air, catalyst technologies, hydrogen technologies and precious group metal (PGM) services. A new efficiency programme aims to deliver £150mn/yr ($188mn) in cost savings by 2024-25, and a new leadership team has been brought in to oversee the changes that includes new business leads for each of the four divisions. “Our complex business structure and lack of commercial focus is getting in the way of our ability to create significant value. That is why we need to simpl
Also in this section
9 October 2024
Geopolitical shift is boosting investment case for renewable hydrogen production in the two regions
8 October 2024
As the world decarbonises, the emergence of green hydrogen stands as a pivotal force in the energy transition landscape
4 October 2024
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
3 October 2024
The stakes are high for project developers as they choose which hydrogen molecule or derivative with which to target future markets
