Johnson Matthey is the world's
leading supplier of the platinum catalysts and catalysed electrodes
at the heart of the fuel cell. It also has a number of proprietary
technologies for processing fuels to generate the hydrogen required
by the fuel cell and for purifying the resulting gas stream.
On 27th October last year, the company announced a long-term
agreement with Ballard Power Systems for the joint development
and supply of catalysts and catalyst containing products for
Ballard's fuel cells. As a result of this agreement with Ballard,
Johnson Matthey will be the major supplier of fuel cell catalysts
to both Ballard and dbb.
dbb's methanol fuel cell engine
is expected to be first to market and Johnson Matthey is focussing
its efforts in the mobile area to support dbb's programme.
Commenting on the agreement with
dbb, Neil Carson, Division Director, said: "This important agreement
with Daimler Benz-Ballard reinforces Johnson Matthey's leading
position as a supplier of catalysts, catalysed electrodes and
fuel processing technologies to the fuel cell industry. This
is a rapidly developing new market which will provide Johnson
Matthey with major business opportunities in the coming years."
Dr Ferdinand Panik, President
and Chief Executive Officer of dbb Fuel Cell Engines commented, "dbb
are determined to be first to market with fuel cell cars. This
new relationship with Johnson Matthey will be pivotal to our
success."