Johnson Matthey
FTSE-listed PGM leader supplying specialty platinum-group metal powders for additive manufacturing (e.g. aerospace thrusters) plus Clean Air catalysts, PGM circularity and hydrogen technologies.
- CEO / Founder
- Liam Condon
- Team Size
- 5001-10000
- Stage
- Public
- Total Funding
- Publicly Traded
Technology & Products
Key Products
Clean Air automotive emission-control catalysts; stationary SCR catalysts and systems (incl. Cormetech); PGM refining, recycling and industrial products including specialty PGM metal powders for additive manufacturing; hydrogen fuel-cell and electrolyser components (e.g. CCMs, PGM catalysts). Catalyst Technologies process catalysts sold to Honeywell (Jul 2026); battery materials largely exited.
Technological Advantage
VERIFIED: Deep PGM chemistry and powder metallurgy enabling high-purity, low-O2/N2 spherical specialty metal powders for AM; defensible via process know-how, refining scale and >4,000 patents. Historical ceramic binder-jet R&D with voxeljet (2017–18) less central post portfolio refocus.
Differentiation
Value Proposition
High-purity spherical PGM powders tailored for laser sintering/melting, binder jetting or E-beam AM, enabling complex aerospace thruster and high-temp parts with longer life and lower intrinsic metal content; underpinned by PGM refining/recycling circularity.
How They Differentiate
Focuses on sustainable technologies, world-class R&D, and expertise in chemistry and materials science to solve complex challenges, particularly in catalytic supports and precious metal products.
Market & Competition
Target Customers
Automotive and industrial OEMs for emission control; aerospace users of PGM AM powders; energy/industrial customers for hydrogen components and stationary SCR; customers needing PGM refining and recycling.
Industry Verticals
Energy; Chemicals; Automotive; Aerospace/Defense
Competitors
BASF SE, Umicore
Growth & Milestones
Growth Metrics
FY2025/26: revenue £12,573m (vs £11,022m prior year); sales excl. precious metals £2,555m; underlying operating profit £340m; free cash flow £168m. Target sustainable FCF ≥£250m p.a. by 2027/28.
Major Milestones
Founded 1817 (200th anniversary 2017); ceramic 3D printing lab Royston & voxeljet collab (2017–18); Liam Condon CEO Mar 2022; completed sale of Catalyst Technologies to Honeywell for £1.325bn EV (17 Jul 2026); completed acquisition of Cormetech Inc. for $360m EV creating stationary emissions control scale (23 Jul 2026).
Official records
Filings, certifications, and programme counts AMPulse can show for this company.
- [F] Horizon / CORDIS · 3 AM awardsProject records derived from CORDIS, the European Union research results portal, CC BY 4.0.
- [F] Ammonia and MOF Based Hydrogen storagE for euRope · 2022
- [F] Multiscale Analysis of Thermomechanical Behaviour of Granular Materials · 2019
- [F] Process Intensification through Adaptable Catalytic Reactors made by 3D Printing · 2015