Johnson Matthey (JMAT)

Sector:

Industrial Chemicals

Index:

FTSE 250

1,869.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 1,909.50
  • 52 Week Low: 1,446.50
  • Currency: UK Pounds
  • Shares Issued: 193.59m
  • Volume: 52,246
  • Market Cap: £3,618.19m
  • RiskGrade: 168

Johnson Matthey teams up with Power Plug on electrolyser technology

By Michele Maatouk

Date: Wednesday 26 May 2021

LONDON (ShareCast) - (Sharecast News) - Specialty chemicals company Johnson Matthey has teamed up with Plug Power, a provider of turnkey green hydrogen solutions, to develop a roadmap to accelerate the development of high-performance electrolyser technology.
The companies are looking to develop electrolyser technology with improved durability, increased performance, and greater energy efficiency than systems currently available.

Johnson Matthey said the collaboration will focus on the development, validation and incorporation of its advanced materials in Plug Power's electrolyser systems. The companies will also investigate the development of a closed loop recycling system for the platinum group metals (PGM) used as catalysts in these systems.

Eugene McKenna, managing director of Green Hydrogen at Johnson Matthey, said: "We're excited to take our relationship with Plug Power, a leader in electrolyser systems, to the next level, working together to drive the development of world leading technologies with significantly improved performance and an integrated plan for recycling key materials.

"Our CCMs draw on innovations in catalyst, membrane and additive development built over many years and which are the foundation of our Green Hydrogen business today. Equally important is to enable a sustainable energy transition, which is why we will continue to drive the creation of closed loop recycling systems within the supply chain, to recover and reuse as much critical PGM material as possible. Plug Power has an innovative electrolyser technology and their knowledge and market position make them an ideal partner."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Johnson Matthey Market Data

Currency UK Pounds
Share Price 1,869.00p
Change Today 4.00p
% Change 0.21 %
52 Week High 1,909.50
52 Week Low 1,446.50
Volume 52,246
Shares Issued 193.59m
Market Cap £3,618.19m
RiskGrade 168

Johnson Matthey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.36% above the market average57.36% above the market average57.36% above the market average57.36% above the market average57.36% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
5.20% above the market average5.20% above the market average5.20% above the market average5.20% above the market average5.20% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average
Income
47.29% above the market average47.29% above the market average47.29% above the market average47.29% above the market average47.29% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
51.21% below the market average51.21% below the market average51.21% below the market average51.21% below the market average51.21% below the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 6
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Johnson Matthey Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 08-Jun-23
Paid 06-Feb-24 01-Aug-23
Amount 22.00p 55.00p

Trades for 15-May-2024

Time Volume / Share Price
11:49 3 @ 1,871.00p
11:48 1 @ 1,868.00p
11:48 7 @ 1,869.00p
11:48 77 @ 1,869.00p
11:48 20 @ 1,868.00p

Johnson Matthey Key Personnel

Chair Patrick W. Thomas
CFO Stephen Oxley
CEO Liam Condon

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