Energy Central Professional

 

IN BRIEF: Johnson Matthey invests in green hydrogen firm Enapter


By Tom Waite; thomaslwaite@alliancenews.com  

 

    Johnson Matthey PLC - London-based specialty chemicals - Invests EUR20 million to take 4.3% stake in Enapter AG, as part of a collaboration on Enapter's technology that produces green hydrogen. Enapter is a German and Italian firm whose anion exchange membrane electrolyser extracts hydrogen from water to be used in power generation. The partnership aims to accelerate the scale-up of the mass production of the AEM electrolysers. Enapter is currently building a facility in Saerbeck, Germany to add to its production plant in Pisa, Italy. Johnson Matthey will supply specialised catalysts.

    "Our ambition is to become the global leader in green hydrogen technologies and to diversify our technology base in this booming market, both in the electrolyser and fuel cell markets," says Johnson Matthey Chief Executive Officer Liam Condon.

    Johnson Matthey is indicated to return to the FTSE 100 index in the next quarterly review next month, FTSE Russell had announced on Tuesday.

    Current stock price: 2,359.00 pence, up 2.5% on Wednesday in London

    12-month change: down 26%

TOP


Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.