Johnson Matthey scientist pouring chemicals for catalyst synthesis. Honeywell International agreed to buy British platinum refiner Johnson Matthey’s catalysts unit. - Company Supplied Image U.S ...

U.S. industrials conglomerate Honeywell International said it agreed to buy Johnson Matthey’s catalysts unit for 1.8 billion pounds ($2.42 billion), lifting shares in the British platinum refiner.

To drive down the cost, Johnson Matthey’s researchers are trying to develop alternative alloy catalysts that use less platinum. That’s where Azure Quantum enters the picture.

For this reason, Johnson Matthey's five year net income decline of 20% is not surprising given its lower ROE. We reckon that there could also be other factors at play here.

Johnson Matthey, which has been under pressure from an activist to review its strategy, said on Thursday that the catalyst technologies business was being sold for an enterprise value of £1.8bn ...

Johnson Matthey to unveil £1.5bn-plus sale amid activist pressure. The London-listed industrial group, which is under pressure from an activist investor, will unveil a deal on Thursday to sell ...

British autocatalyst maker Johnson Matthey said on Monday it would review its executive pay and cut its capital expenditure in its hydrogen technologies business to boost its cash following ...

Johnson Matthey (JM) said it expected the platinum market's deficit to increase to 598,000 ounces this year from a shortfall of 518,000 ounces in 2023.

Meanwhile, Johnson Matthey posted revenue of 11.67 billion pounds for the year ended March 31, down 9% on year. Its operating profit grew to 538 million pounds from 249 million pounds, ...