Johnson Matthey, a global leader in sustainable technologies, today announced its acquisition of the assets and intellectual property of Oxis Energy Limited, based near Oxford, UK. Oxis Energy was a lithium-sulfur battery developer with assets which can be adapted for the manufacture of components for green hydrogen production. The company entered administration on 19 May 2021.
Johnson Matthey (JM), as part of leading European consortium GAIA, has helped deliver a fuel cell power density of 1.8 W/cm2 @ 0.6V. This represents a twenty per cent increase versus state-of-the-art technology. This market-leading result marks a significant step forward for fuel cell technology and JM's net zero aspirations.
A FTSE 100 chemicals giant is seeking to win taxpayer backing for a factory to build components for hydrogen-powered cars, in another potential boost for Britain’s car industry. The Business Secretary, Kwasi Kwarteng, met with Johnson Matthey in May about financial support for a plant to make vehicle parts including membrane electrode assemblies (MEAs). A core component for hydrogen-powered vehicles, the assemblies contain the materials needed to convert hydrogen into electricity to power the ve