Johnson Matthey

Johnson Matthey signs agreement to sell its Medical Device Components business for US$700m

Retrieved on: 
Wednesday, March 20, 2024
MDC, Montagu Private Equity, Share repurchase, Montagu, Sale, Policy, Johnson Matthey, Recycling

LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.

Key Points: 
  • LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.
  • The MDC business produces components for medical device manufacturers globally with a focus on precious metal alloys and nitinol.
  • The business serves a global customer base and operates manufacturing sites in the USA (San Diego), Mexico (Mexicali), and Australia (Tullamarine).
  • As a JM business, MDC has delivered technological differentiation and good growth to the critical health sector.

Johnson Matthey signs agreement to sell its Medical Device Components business for US$700m

Retrieved on: 
Wednesday, March 20, 2024
MDC, Montagu Private Equity, Share repurchase, Montagu, Sale, Policy, Johnson Matthey, Recycling

LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.

Key Points: 
  • LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.
  • The MDC business produces components for medical device manufacturers globally with a focus on precious metal alloys and nitinol.
  • The business serves a global customer base and operates manufacturing sites in the USA (San Diego), Mexico (Mexicali), and Australia (Tullamarine).
  • As a JM business, MDC has delivered technological differentiation and good growth to the critical health sector.

EAM Completes Acquisition of LFP Cathode Technology Center in Germany, Plans for Commercial Scale Production for Global Supply Chain

Retrieved on: 
Friday, February 2, 2024
EV, Electric Vehicles, Other Energy, Mining, Minerals, Batteries, Alternative Energy, Alternative Vehicles, Fuels, Energy, Technology, Automotive, Natural Resources, Environment, Green Technology, Nickel, Lithium, LFP, EAM, Acquisition, Johnson Matthey, Cobalt, Electric battery

With the purchase, EAM is poised to make India the first country in Asia outside of China to manufacture LFP cathode materials.

Key Points: 
  • With the purchase, EAM is poised to make India the first country in Asia outside of China to manufacture LFP cathode materials.
  • Approximately 70% of cathode materials, and 100% of LFP cathode, for lithium-ion batteries are currently produced in China.
  • “This acquisition reaffirms our commitment to delivering cutting-edge solutions to the evolving EV battery market,” said Vikram Handa, managing director of EAM.
  • The center is equipped to produce LFP and lithium manganese iron phosphate (LMFP) cathode in small laboratory-scale batches to up pilot-scale material.

Advent Technologies Announces Appointment of Naiem Hussain as Chief Financial Officer

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Thursday, January 11, 2024
Environment, Technology, Engineering, Manufacturing, Alternative Energy, Sustainability, Green Technology, Energy, Batteries, Intelligent Energy, ICI, Specialization, Green, ADN, CFO, Fellow, Close Brothers Group, University of Oxford, Initial public offering, Johnson Matthey, Imperial College Innovations, Computational chemistry, Investment, AstraZeneca, Anglo American Platinum, Naim

Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, announced today the appointment of Naiem Hussain as its new Chief Financial Officer pending the completion of the company’s hiring protocols.

Key Points: 
  • Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, announced today the appointment of Naiem Hussain as its new Chief Financial Officer pending the completion of the company’s hiring protocols.
  • Formerly serving as Advent’s Chief Investment Officer, Mr. Hussain brings extensive expertise in corporate finance, with a focus on IPOs, fundraisings, and mergers and acquisitions within the energy technology and fuel cell industries.
  • Mr. Hussain is replacing Kevin Brackman, who resigned from his position on January 5, 2024.
  • In response to his appointment, Mr. Hussain stated, "I am thrilled to take on the role of CFO at Advent during this crucial phase for the Company.

E-bike Battery Market to increase by USD 2.12 billion from 2022 to 2027, BMZ Holding GmbH, Coslight India Telecom Pvt. Ltd., Giant Manufacturing Co. Ltd. and more among key companies- Technavio

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Friday, January 5, 2024
Giant, Lithium, Nickel–metal hydride battery, Geography, LG Corporation, VARTA, Gesellschaft mit beschränkter Haftung, Giant Bicycles, Lithium iron phosphate battery, USD, Johnson Matthey, Free

NEW YORK , Jan. 4, 2024 /PRNewswire/ -- The e-bike battery market is expected to grow by USD 2.12 billion from 2022 to 2027.

Key Points: 
  • NEW YORK , Jan. 4, 2024 /PRNewswire/ -- The e-bike battery market is expected to grow by USD 2.12 billion from 2022 to 2027.
  • In addition, the growth momentum of the market will progress at a CAGR of 6.46% during the forecast period, according to Technavio.
  • The longer shelf life of Li-ion battery when compared with other battery technologies is notably driving the e-bike battery market.
  • We provide a detailed analysis of 20 companies operating in the e-bike battery market including  BMZ Holding GmbH, Coslight India Telecom Pvt.

Global Palladium Market Faces Challenges Amid Growing Demand and Supply Constraints - ResearchAndMarkets.com

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Tuesday, November 14, 2023
Natural Resources, Automotive Manufacturing, Manufacturing, Mining, Minerals, Research, Jewellery, Investment, Johnson Matthey, Platinum, Vale S.A., Palladium, Recycling, Dental, Biomedicine, Artificial intelligence, Machine learning, Electricity, Nanotechnology, Growth, Sibanye-Stillwater, Electronics, Anglo American Platinum, Norilsk Nickel

The global palladium market's supply is projected to reach 11.02 million ounces by 2028, growing at a CAGR of 3.17% during the forecast period from 2023 to 2028.

Key Points: 
  • The global palladium market's supply is projected to reach 11.02 million ounces by 2028, growing at a CAGR of 3.17% during the forecast period from 2023 to 2028.
  • The global palladium market is segmented as follows:
    By Supply: The market is divided into primary supply and secondary supply.
  • Challenges: Challenges facing the market include the growing preference for platinum in automotive catalytic converters, the rise of electric vehicles, geopolitical tensions, supply constraints, and issues like load shedding.
  • The global palladium market faces a complex landscape characterized by growing demand, supply constraints, and challenges posed by emerging technologies like electric vehicles.

Lithium-Ion Battery Management Systems For Vehicles Market to grow by USD 3.86 billion from 2022 to 2027, market is fragmented due to the presence of prominent companies like Analog Devices Inc., AVL List GmbH and BMS Powersafe, many more

Retrieved on: 
Thursday, November 30, 2023
Lithium, Policy, Electronics, Johnson Matthey, Jaguar I-Pace, Application, Infineon Technologies, Audi e-tron (brand), Analog Devices, USD, AVL, Geography, Ion, BMS, Growth, Gesellschaft mit beschränkter Haftung, Texas Instruments

The lithium-ion battery management systems for vehicles market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The lithium-ion battery management systems for vehicles market is fragmented owing to the presence of many global and regional companies.
  • Download a Sample before buying
    Analog Devices Inc. - The company offers lithium Ion battery management systems for vehicles such as battery management.
  • AVL List GmbH - The company offers lithium Ion battery management systems for vehicles such as the Mercedes CoupE 800, Jaguar I Pace, and Audi e-tron.
  • BMS Powersafe - The company offers lithium Ion battery management systems for vehicles such as 4S BMS PowerSafe, 6-10S BMS PowerSafe, and 10S CAN BMS PowerSafe.

Virent and Johnson Matthey: Behind the Pioneering Technology that Enabled the First 100% SAF Trans-Atlantic Flight

Retrieved on: 
Wednesday, November 29, 2023
Catalyst Technologies, Carbon, Aviation biofuel, Plastic, Climate change, General counsel, Air travel, Sugar, SAF, Heart, Marketing, Petroleum, SAK, Marathon Petroleum, Aircraft, Aviation, Johnson Matthey, Gasoline, Jet fuel, Palladium, Renewable energy, Quercus ser. Virentes, Virgin Atlantic

The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks.

Key Points: 
  • The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks.
  • Originally invented by Virent and jointly developed for commercialisation by Virent and Johnson Matthey the BioForming® process converts sustainable plant sugars into bio-aromatic products, including BioForm® Synthesized Aromatic Kerosene (SAK).
  • Johnson Matthey has collaborated with Virent, to further develop and optimise the process and catalysts that underpin the BioForming® S2A technology.
  • Virent is currently working with Johnson Matthey to further develop the BioForming® technology and license it for future commercialization.

Virent and Johnson Matthey: Behind the Pioneering Technology that Enabled the First 100% SAF Trans-Atlantic Flight

Retrieved on: 
Wednesday, November 29, 2023
Catalyst Technologies, Carbon, Aviation biofuel, Plastic, Climate change, General counsel, Air travel, Sugar, SAF, Heart, Marketing, Petroleum, SAK, Marathon Petroleum, Aircraft, Aviation, Johnson Matthey, Gasoline, Jet fuel, Palladium, Renewable energy, Quercus ser. Virentes, Virgin Atlantic

The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks.

Key Points: 
  • The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks.
  • Originally invented by Virent and jointly developed for commercialisation by Virent and Johnson Matthey the BioForming® process converts sustainable plant sugars into bio-aromatic products, including BioForm® Synthesized Aromatic Kerosene (SAK).
  • Johnson Matthey has collaborated with Virent, to further develop and optimise the process and catalysts that underpin the BioForming® S2A technology.
  • Virent is currently working with Johnson Matthey to further develop the BioForming® technology and license it for future commercialization.

Global Next-Generation Batteries Market Set to Surge with a CAGR of 7% Amid Growing Demand for Sustainable Energy Storage Solutions - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 4, 2023
Other Energy, Energy, Lithium, EV, Mitsubishi Chemical Corporation, CATL, Samsung, EVS, Wind, Sulfur, Johnson Matthey, TotalEnergies, Patent, Investment, SE, Knowledge, Growth, Panasonic, Tesla, Longevity, Transport, LG Chem, Electric battery

The rapid expansion of this market is driven by an escalating demand for sustainable energy storage solutions that boast high capacity and extended longevity.

Key Points: 
  • The rapid expansion of this market is driven by an escalating demand for sustainable energy storage solutions that boast high capacity and extended longevity.
  • Next-generation batteries, including lithium-sulfur and solid-state batteries, are revolutionizing the EV market by providing higher energy density, longer driving ranges, and shorter charging times compared to conventional lithium-ion batteries.
  • This breakthrough is pivotal in meeting the burgeoning demand for EVs and expediting the transition to sustainable transportation.
  • The region has witnessed significant advancements in battery technologies, focusing on the development of solid-state batteries and lithium-sulfur batteries.