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Within
Catalysts Division the Process Catalysts and Technologies (PCT) business
brings together Johnson Mattheys former Chemicals activities with
those acquired with Synetix in November 2002. PCT thus consists of the
groups precious metal based heterogeneous and homogeneous catalysts
business, which predominantly uses the unique catalytic properties of
the platinum group metals, and the leading base metal (copper, nickel,
cobalt, titanium, etc) process catalyst technology acquired with Synetix.
It also encompasses our platinum group metal refining and chemical products
businesses, the Tracerco diagnostic services business and our Research
Chemicals business which supplies products to academic and industrial
research organisations via its Alfa Aesar and Avocado catalogue operations.
The acquisition of Synetix
brought to Johnson Matthey a global catalyst business that serves a range
of market segments including ammonia, methanol, chemicals, fine chemicals,
edible oils, oleochemicals, oil and gas and polymerisation. These activities
complement the groups strong position in precious metal catalysts
for a wide range of markets including emission control and process catalysts
for the fine chemicals and pharmaceutical industries. The former Synetix
business consists of two strategic business units: PCEO (Polymers, Chemicals
and Edible Oils) and AMOG (Ammonia, Methanol, Oil and Gas), reflecting
the major global markets that they serve and in which they have market
leading positions.
Within PCEO,
we are a leading supplier of polymerisation catalysts for the manufacture
of plasticisers, acrylates, inks and coatings. In addition the Polymers
segment also provides polyester manufacturers with innovative titanium
based catalysts, which, as part of a tailored package, can increase output
by up to 15% without the need for investment in new plant. These catalysts
also have significant environmental advantages over antimony based catalysts
that are commonly used in polyester production.
For the inks segment, the
business is the industry leader in adhesion promoters, catalysts that
are added to inks to enable them to stick to flexible packaging. The VERTEC
range of adhesion promoters sees widespread application in packaging where
designs are commonly printed on flexible plastic films, for example for
crisp packets and confectionery wrappers. Without these products, the
brightly coloured designs that are so vital to the marketing of many consumer
products would not be possible.
In the coatings industry,
the PCEO business is the industry leader in thixotropic agents, additives
that go into paints and other products to modify their flow characteristics.
For example these additives are used in water based paints enabling them
to be almost a solid gel in the pot but to flow smoothly when applied
to a surface and not to run once the paint has been applied.
For the edible oils and
oleochemicals sectors, PCEO manufactures high performance catalysts that
are used in the manufacture of products such as margarine, chocolate,
cooking oils and other foodstuffs (edible oils) and of soap, cosmetics
and lubricants, for example those used in shaving foams (oleochemicals).
An interesting example of the application of catalysis in the food industry
is in modifying the melting point of chocolate products so that they melt
in the mouth and not in your hands.
The PCEO business also supplies
process and purification catalysts for the chemicals sector. These catalysts
are used in manufacturing processes for a wide range of specialised chemical
products and in environmental applications to treat a range of gaseous
and liquid streams.
One exciting
area is the application of chiral catalysis in the pharmaceutical industry.
This is a field in which both the groups precious metal process
catalyst business and the acquired businesses have a strong position.
Both have extensive catalyst technology, expertise and research resources
that complement each other and place us in a strong position to serve
this growing market. The US Food and Drug Administration and regulators
around the world are increasingly requiring pharmaceutical companies to
identify and produce a specific chiral version of a drug. This is where
the pharmaceutical ingredient can exist in two different forms, which
are mirror images of each other but only one of which has the desired
activity. The use of specialised catalysis is one of the main ways of
manufacturing chiral drugs, another being chiral separation using simulated
moving bed (SMB) technology, an area in which Pharmaceutical Materials
Divisions Pharm-Eco business has a strong position.
Within the
AMOG strategic business unit, its KATALCO and PURASPEC ranges
of catalysts are to be found in over half of the worlds methanol
production plants. Methanol is a fundamental building block in the chemical
industry and is a feedstock for a wide range of products. It is presently
used in the manufacture of lead free gasoline and is tipped as a replacement
for oil based fuels and as a carrier of hydrogen, for example for use
in fuel cells.
Ammonia is another important
building block for the worlds chemical industry. It is a crucial
product for the global food chain as it is extensively used in synthetic
fertilisers that ensure the productive growth and improved yields of crops
around the world. The AMOG business provides high performance catalysts,
specialist applications knowledge and services technology to ensure optimum
performance in the highly competitive ammonia industry.
In oil refineries, AMOGs
products and technologies are extensively used in the production of hydrogen
via the steam reforming process as well as for the purification of both
liquids and gases produced by the refining process. Catalyst technology
is playing an increasingly important and valuable role around the refinery,
helping to meet growing market demand for its wide range of products,
improving the industrys environmental performance and enabling it
to meet legislation requiring cleaner, greener fuels. In the natural gas
industry, the business has a strong position in technologies to remove
impurities such as sulphur, utilising its research and testing expertise
to supply packages that are tailored to meet individual customer needs.
Hydrogen rich gases are
also used in a wide range of industrial processes, including oil refining,
chemical production, iron ore reduction and the production of Towns Gas.
AMOG produces a range of innovative catalysts to serve the hydrogen market.

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Another exciting opportunity
for future growth is in the new, high technology gas to liquids market.
Gas to liquids (GTL) is a rapidly expanding sector manufacturing ultra
clean diesel fuel from natural gas. This is an area that has strong environmental
as well as energy security drivers. It provides a means to use the worlds
massive reserves of stranded natural gas to make sulphur free diesel fuel.
This extremely pure fuel can be blended with diesel produced via the traditional
oil refining route to make the ultra low sulphur diesel that is increasingly
mandated to help meet ever tightening vehicle emission standards around
the world.
GTL is a multi stage catalytic
process and, prior to the acquisition of Synetix, Johnson Matthey was
involved in providing catalysts to some of these stages. However, Synetix
has brought catalysts and expertise that enable the group to supply the
full range of catalysts to the GTL process and to work in partnership
with leading energy companies to develop cost effective technologies for
this growing market. It is estimated that the market for catalysts for
the GTL process could be worth over $400 million per annum by 2010.
In addition
to providing advanced catalysts to customers worldwide, PCT provides applications
knowledge and services technology through its Tracerco business. Tracerco
provides a range of process diagnostic services and specialist instruments
used in enhanced hydrocarbon recovery, enhanced hydrocarbon separation
and in non-intrusive inspection areas of the upstream oil and gas market.
These products and services are used to increase production rates, lower
overall production costs and increase environmental compliance by most
oil and gas producers. It also provides unique taggant technologies
to the process industry, which are used in various applications from reservoir
assessment to fuel anti-adulteration schemes. Tracerco was awarded the
2003 Queens Award for Enterprise for the TRACERCO Profiler,
an instrument that uses advanced measurement technology to determine and
control the contents of oil and gas production separators.

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