ADR American Depositary Receipt AGM Annual General Meeting AMOG Ammonia, Methanol, Oil and Gas API Active pharmaceutical ingredient ATR Autothermal reformer Buprenorphine A synthetic derivative of thebaine, used as an analgesic. Also used in drug addiction therapy Carboplatin A platinum anticancer drug CCL Climate Change Levy CCS Carbon capture and storage CDM Clean Development Mechanisms CEC Chief Executive’s Committee CGU Cash generating unit CHP Combined heat and power CO Carbon monoxide CO2 Carbon dioxide CSF Catalysed soot filter CSR Corporate Social Responsibility DMFC Direct methanol fuel cell DOC Diesel oxidation catalyst DPT Davy Process Technology DRIP Dividend Reinvestment Plan ECT Environmental Catalysts and Technologies EHS Environment, health and safety EIB European Investment Bank EPS Earnings per share ESOT Employee Share Ownership Trust EU European Union FRC Financial Reporting Council FRS 17 UK GAAP pension financial reporting standard previously adopted by the group Fuel Cell Technology which converts hydrogen or other fuels (methanol, phosphoric acid) into clean electricity FURBS Funded Unapproved Retirement Benefit Scheme Gearing Net debt / equity GHR Gas heated reformer GTL Gas to liquids – multi stage catalytic process used to convert stranded natural gas into sulphur free hydrocarbons, including diesel fuel HC Hydrocarbon HDD Heavy duty diesel Hydromorphone A semi-synthetic opiate with a potent analgesic effect IAS International Accounting Standard IFRIC International Financial Reporting Interpretations Committee IFRS International Financial Reporting Standards IOSH Institute of Occupational Safety and Health ISO 14001 Internationally recognised standard which specifies the requirements for an environmental management system JI Projects Joint Implementation Projects JMEPS Johnson Matthey Employees Pension Scheme JMTC Johnson Matthey Technology Centre, based in Sonning Common, UK LPG Liquid petroleum gas LTIP Long term incentive plan MDRC Management Development and Remuneration Committee MEA Membrane electrode assembly N2O Nitrous oxide, a greenhouse gas with a potency 310 times that of CO2 NOx Nitrogen oxides OEM Original equipment manufacturer OFR Operating and Financial Review OHSAS 18001 The assessment specification for Occupational Health & Safety Management Systems Oxycodone An opiate used to relieve medium to severe pain PAFC Phosphoric acid fuel cell PBT Consolidated profit before tax, impairment and restructuring costs PCT Process Catalysts and Technologies Pgm Platinum group metal PM Particulate matter Prostaglandin Synthetic analogues of hormone-like substances R&D Research and Development REACH Registration, Evaluation and Authorisation of Chemicals Return on sales Operating profit / revenue ROA Return on assets RPI Retail price index Satraplatin® A potential new drug to treat prostate cancer SIC Standing Interpretations Committee SIP Share incentive plan SO2 Sulphur dioxide SUV Sports utility vehicle Syngas A mixture of hydrogen and carbon oxides TSR Total shareholder return UK GAAP UK Generally Accepted Accounting Principles WACC Weighted average cost of capital       [ back to top ]