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· Chemical Engineering Online
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Johnson Matthey has completed its acquisition of CORMETECH, a Durham, N.C.-based maker of selective catalytic reduction (SCR) catalysts, after receiving all regulatory approvals. The move aligns with JM’s strategy to be more focused, lean, and cash-generative, delivering sustainable value for shareholders; CORMETECH was founded in 1989.

How do you expect JM’s acquisition of CORMETECH to affect the SCR and industrial emissions-control market in the near term?

Johnson Matthey completes acquisition of SCR catalyst maker Cormetech

This article was originally posted on Chemical Engineering.
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Johnson Matthey Plc (JM; London) has announced the completion of its acquisition of CORMETECH Inc. (Durham, N.C.), following the satisfaction of customary closing conditions including all regulatory approvals. The acquisition marks an important milestone in JM’s wider strategy to create a more focused, lean and cash-generative group delivering sustainable value for shareholders. Founded in 1989, […]

The post Johnson Matthey completes acquisition of SCR catalyst maker Cormetech appeared first on Chemical Engineering.

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