Johnson Matthey Share News (JMAT)

(Sharecast News) - Specialty chemicals company Johnson Matthey has teamed up with Plug Power, a provider of turnkey green hydrogen solutions, to develop a roadmap to accelerate the development of high-performance electrolyser technology.
The companies are looking to develop electrolyser technology with improved durability, increased performance, and greater energy efficiency than systems currently available.

Johnson Matthey said the collaboration will focus on the development, validation and incorporation of its advanced materials in Plug Power's electrolyser systems. The companies will also investigate the development of a closed loop recycling system for the platinum group metals (PGM) used as catalysts in these systems.

Eugene McKenna, managing director of Green Hydrogen at Johnson Matthey, said: "We're excited to take our relationship with Plug Power, a leader in electrolyser systems, to the next level, working together to drive the development of world leading technologies with significantly improved performance and an integrated plan for recycling key materials.

"Our CCMs draw on innovations in catalyst, membrane and additive development built over many years and which are the foundation of our Green Hydrogen business today. Equally important is to enable a sustainable energy transition, which is why we will continue to drive the creation of closed loop recycling systems within the supply chain, to recover and reuse as much critical PGM material as possible. Plug Power has an innovative electrolyser technology and their knowledge and market position make them an ideal partner."