News Article

Johnson Matthey acquires Catacel
Date: Sep 02, 2014
Source: Company Data ( click here to go to the source)

Featured firm in this article: Catacel Corporation of Ravenna, OH

Johnson Matthey, a London-based specialty chemicals company, announced today that it completed the purchase of the business and assets of Catacel Corporation.

Catacel, based in Ohio, USA, is an innovative supplier of novel technology centered on the use of metal foil-coated catalysts and sorbents to a range of process industries. Its products include high-heat-transfer catalyst technology for hydrogen and syngas production and fuel processing systems for stationary fuel cells.

Catacel's business will be integrated into Johnson Matthey's Process Technologies Division and will have access to the wider resources of the Johnson Matthey group, including its global network of research and technology centers with their world-leading development and characterisation facilities. Being part of Johnson Matthey will provide Catacel with the financial stability and scale of operations required to achieve its potential within its target markets.