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28 January 2000

Johnson Matthey Acquires Technology for Supported Homogeneous Catalysts

Johnson Matthey announces that it has taken an equity stake in Oy Smoptech AB as part of a phased acquisition of the company. Smoptech, based in Turku, Finland, has developed a range of advanced polymer fibres for use as innovative supports for catalysts and in other chemical process applications. Precious metals can be supported on these fibres to produce heterogeneous process catalysts. The fibres can also be used as a support for organometallic complexes, including chiral complexes, combining the performance and selectivity of homogeneous catalysts with the ease of use of a heterogeneous material.

The combination of Smoptech's polymer fibre technology with Johnson Matthey's expertise in precious metal catalysis delivers a new generation of catalysts. These fibre supported catalysts can be used in the same way as traditional heterogeneous catalysts and show equivalent or better activity. They feature greater ease of use, faster recycle rates and enhanced resistance to poisoning. When used at lower loadings, or recycled more frequently, the system offers significant cost benefits over a conventional catalyst.

A limited range of catalysts incorporating the new supports is now available from Johnson Matthey. This product line will be expanded in coming months to provide a whole new family of performance catalysts.

Commenting on the acquisition, Neil Carson, Managing Director, Catalysts and Chemicals Division, said:

"This new technology allows us to further develop our product range and is another step in our strategy to provide a single source of catalytic solutions for our speciality chemicals and pharmaceutical customers".

Enquiries:
Johnson Matthey
Martin Green
Sales & Marketing Director, Europe
Tel: (+44) 1763 253032

Kevin Donegan
Sales & Marketing Director, US
Tel: (+1) 856 384 7103

Ian Godwin
Group Public Relations Manager
Tel: +44 (0)20 7269 8410