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Johnson Matthey Says Outlook Unchanged For FY 2019/20
Johnson Matthey Affirms FY View, Says Clean Air Profit To Be Slightly Lower
Tate & Lyle Says Food & Beverage Solutions President Joan Braca To Leave
Johnson Matthey Plc is a specialty chemicals company. The Company operates in five divisions: Emission Control Technologies, which is a manufacturer of catalysts and catalyst systems for vehicles and industry; Process Technologies, which is a supplier of catalysts, licensing technologies and other services to the syngas, oleo/biochemical, petrochemical, oil refining and gas processing industries; Precious Metal Products, which is organized into its Services businesses, which include management, distribution, refining and recycling of precious metals, and its Manufacturing businesses, which fabricates products using precious metals or related materials, platinum group metal catalysts and platinum group metal chemicals; Fine Chemicals, which is a supplier of active pharmaceutical ingredients (API), custom services and catalyst technologies, and New Businesses, which focuses on its Battery Technologies, Atmosphere Control Technologies and Fuel Cells Businesses.
5th Fl, 25 Farringdon Street
Patrick Webster Thomas
Non-Executive Chairman of the Board
Robert J. MacLeod
Chief Executive, Executive Director
Chief Financial Officer, Executive Director
General Counsel, Company Secretary
John F. Walker
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Johnson Matthey <JMAT.L> on Wednesday lowered the profit outlook for its largest unit that makes pollution filters for cars and trucks and announced the departure of the unit's head, sending its shares down more than 3%.
Chemicals group Johnson Matthey said on Wednesday the head of its Clean Air unit would step down and that it expected full-year profit at the unit that makes pollution filters for both car and trucks to be below prior year.
Chemicals group Johnson Matthey on Thursday reported a 48% jump in full-year earnings, bolstered by strength in its Clean Air unit that makes catalytic converters and other pollution filters for both cars and trucks.
Chemicals group Johnson Matthey on Thursday reported a 48% jump in full-year earnings, bolstered by strength in its unit that makes catalytic converters and other pollution filters for both car and trucks.
Soaring investment demand will create platinum shortages in 2019, while the palladium market will see a deficit for the eighth consecutive year due to robust demand from the auto sector, specialist materials firm Johnson Matthey said.
Chemicals group Johnson Matthey has secured a site in Poland to produce ultra-high energy battery materials and signed a 10-year supply deal with Canada's Nemaska Lithium as it seeks to grow its exposure to the electric vehicle market.
* Platinum market surplus was 498,000 oz last year (Adds detail)
London's blue-chip shares staged a tentative recovery on Friday from their worst day in six weeks a day earlier, led by gains in banks and miners, even as weak earnings dragged on utilities, SSE and Centrica, and Johnson Matthey.
Chemicals group Johnson Matthey <JMAT.L> said on Thursday it expected to start production in 2021-22 of a battery material it has developed with improved performance and reduced cobalt content to contain costs.
* SAYS SIGNS EXCLUSIVE DISTRIBUTION AGREEMENT WITH JOHNSON MATTHEY IN JAPAN
* CUMMINS AND JOHNSON MATTHEY EXPAND EFFORTS IN ELECTRIFICATION
** Johnson Matthey, a leader in catalysts for car emission control devices, slips 2.5 pct after first-half operating profit falls
Johnson Matthey <JMAT.L>, a leader in catalysts for car emission control devices, on Tuesday reported a 2 percent fall in first-half operating profit, following one-off charges related to restructuring.
Johnson Matthey on Tuesday reported a 2 percent fall in first half operating profit, following one-off charges related to restructuring programme.
Johnson Matthey said it will invest an initial 200 million pounds in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market.
Johnson Matthey said it will invest an initial $200 million in expanding its battery material technology business from 2018, aiming to capitalise on growth in the electric vehicle market.
* Nemaska Lithium receives final milestone payment from Johnson Matthey following approval of battery grade lithium hydroxide from phase 1 plant
* Intrexon and Johnson Matthey collaborate on fermentative production of peptide-based active pharmaceutical ingredients
Johnson Matthey <JMAT.L> expects increased efforts to curb vehicle pollution to boost demand for its catalysts in the medium to long term, it said on Thursday, after reporting an 18 percent rise in annual operating profit and boosting its dividend.
Johnson Matthey, a world leader in making catalysts for car emission-control devices, on Thursday reported a 12 percent rise in full-year revenue and 18 percent growth in operating profit after a restructuring and cost-cutting programme.
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