Johnson Matthey Plc - Company Profile
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Business Description
Johnson Matthey Plc (Johnson Matthey) is a specialty chemicals and sustainable technologies company. The company focuses on platinum group metals (PGMs), offers emission control, metal recycling, clean hydrogen technologies, and catalysis solutions. It caters to the automotive, industrial, energy and chemical processing sectors. The company also designs and manufactures key components used in fuel cells and electrolysers for the creation of electrolytic (green) hydrogen.
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R&D Overview
The company is exploring opportunities to leverage digital tools to optimize operations, focusing on predictive solutions in digital manufacturing to maximize efficiency and increase margins. The company is also using AI to enhance margin forecasting, pricing excellence, contract management, and new business model creation. Machine learning is being utilized to reduce Clean Air testing costs and derive greater value from refining assets. Additionally, digital techniques are being employed to gain a deeper technical understanding of electrolysis products, ensuring the maximization of the innovation pipeline from research through to commercial products. It invests heavily in research and development, supported by around 2,400 R&D and engineering staff, with over 4,000 patents granted and many more pending. Among recent projects, JM and Syensqo demonstrated circular recovery of PGMs and ionomers from PEM fuel-cell/electrolyser waste via the HyRefine process, maintaining performance and reducing carbon footprint. In FY2026, the company spent GBP140 million on its R&D activities, which as a percentage of revenue stood at 1.1%.
Business Segments
Overview
Provides catalysts for emission-control after-treatment systems used in light- and heavy-duty vehicles powered by internal combustion engines. In FY2026, the segment’s capital expenditure stood at GBP28 million, which decreased 26.3% YoY.
Performance
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Overview
Supplies components for fuel cells and electrolysers, including catalyst coated membranes and membrane electrode assemblies, across the hydrogen value chain. In FY2026, the segment’s capital expenditure stood at GBP$4 million, which decreased 85.2% YoY.
Performance
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Overview
Provides circular platinum group metals (PGM) solutions (refining, recycling, metal management and value-add PGM products), supports the group with security of metal supply, and supplies critical materials used in the energy transition. In FY2026, the segment’s capital expenditure stood at GBP164 million, which grew 16.3% YoY.
Performance
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Geographical Segments
- China (including Hong Kong)
- Germany
- Rest of Asia
- Rest of Europe
- Rest of North America
- Rest of World
- UK
- USA
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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