Johnson Matthey (British multinational chemicals and sustainable technologies company) has established Hydrogen Technologies business by combining its Green Hydrogen and Fuel Cells entities.
The new combined business will help to accelerate its growth in both markets by using its technical and manufacturing synergies and decades-long experience in manufacturing fuel cell components.
Combining two businesses will also help Johnson Matthey build its technologies, as the demand for green hydrogen will increase in the future due to its major role in decarbonisation.
The company expects that demand for green hydrogen is projected to increase by ten-fold by 2050 from the current levels, while the fuel cell market is expected to increase by three-fold between 2021 and 2027.
Ralph Calmes has been appointed as the MD of Hydrogen Technologies, and he will lead the new integrated business with Eugene McKenna (Green Hydrogen) and Jo Godden (Fuel Cells). The company’s blue hydrogen team will continue its work within the company Efficient Natural Resources sector.
Ralph Calmes said, “Bringing together our Green Hydrogen and Fuel Cell businesses further demonstrates JM’s commitment to building the hydrogen economy and progressing towards net-zero.”
Previously, Johnson Matthey also acquired the assets and intellectual property of Oxis Energy Limited, Oxford, UK. Oxis Energy was a lithium-sulfur battery developer with assets that can be adapted to manufacture components for green hydrogen production. Oxis entered administration on 19 May 2021.
The facility, with some investment, will further expand Johnson Matthey able to develop, test, and manufacture catalyst coated membranes and advanced materials for electrolysers. The site will enable the production of tens of thousands of catalyst coated membrane parts annually, equipping hundreds of megawatts of electrolyser capacity.