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May 23,2025

Johnson Matthey Sells Blue Hydrogen Business to Honeywell in £1.8 Billion Deal

Johnson Matthey has agreed to sell its blue hydrogen business to Honeywell in a £1.8 billion deal, marking a strategic shift in the clean energy sector. The acquisition will integrate Johnson Matthey’s catalyst technologies into Honeywell’s process automation division, expanding its capabilities in low-emission fuel production, including blue hydrogen, blue ammonia, and sustainable aviation fuel.

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