United Kingdom – Johnson Matthey (JM), a global leader in sustainable technologies, has announced the consolidation of its Green Hydrogen and Fuel Cells businesses into a new Hydrogen Technologies division.
The new integrated business unit will accelerate JM’s growth and scale-up in both markets by using technical and manufacturing synergies and leveraging JM’s decades of experience designing and producing market-leading fuel cell components.
The combination of the two companies builds on JM’s leading technology, with the global hydrogen industry expected to develop rapidly due to clean hydrogen’s critical role in decarbonization. Green hydrogen demand is expected to develop from a relatively tiny market today to satisfy – along with blue hydrogen – the nearly ten-fold rise in hydrogen demand between now and 2050, while the hydrogen fuel cell industry is expected to grow more than three-fold through 2027.
Ralph Calmes, who has been appointed Managing Director Hydrogen Technologies, will lead the new Hydrogen Technologies business. Ralph, who formerly ran JM’s Platinum Group Metal Services company, will take over as CEO on October 1, with Eugene McKenna (Green Hydrogen) and Jo Godden (Fuel Cells) reporting directly to him. Ralph will be reporting to Group CEO Robert Macleod. Johnson Matthey’s blue hydrogen team will continue to work in the company’s Efficient Natural Resources segment.