An explanation of the abbreviations, technical terms and specialist language used on our website


AGM

Annual general meeting

AMG

Ammonia, Methanol and Gas

API

Active pharmaceutical ingredient

CEC

Chief Executive's Committee

CIA

Chemical Industries Association

CO2

Carbon dioxide

CSR

Corporate Social Responsibility

CTL

Coal to liquids, multi stage catalytic process used to convert coal into chemicals and fuels

DPF

Diesel particulate filter

DPS

Dividend per share

DPT

Davy Process Technology, now Johnson Matthey Davy Technologies

DMFC

Direct methanol fuel cell

DRIP

Dividend Reinvestment Plan

ECT

Emission Control Technologies

EHS

Environment, health and safety

EPS

Earnings per share

EU

European Union

Fischer Tropsch

Catalytic process used to convert syngas or gasified coal into sulphur free hydrocarbons, including diesel fuel

Fuel cell

Technology which combines hydrogen or a hydrogen rich fuel (methanol, natural gas, biogas) with oxygen (or air) to produce electricity and heat

Group Control

The group's compendium of policies, procedures

Manual

and rules which is distributed to all group operations

GTL

Gas to liquids, multi stage catalytic process used to convert stranded natural gas into sulphur free hydrocarbons, including diesel fuel

GWP

Global warming potential

HDD

Heavy duty diesel

ISO 14000

Internationally recognised series of standards which specify the requirements for an environmental management system

ISO 26000

International standard giving guidelines on social responsibility

ISO 9000

Internationally recognised series of standards which specify the requirements for a quality management system

KPI

Key performance indicator

LBG

London Benchmarking Group

MDRC

Management Development and Remuneration Committee

MEA

Membrane electrode assembly

MSC

Manufacturing Science Centre, Billingham, UK

N2O

Nitrous oxide

NGO

Non-governmental organisation

NMR

Nuclear magnetic resonance, a spectroscopy technique

PBT

Underlying profit before tax

Pgm

Platinum group metal

PMPD

Precious Metal Products Division

R&D

Research and development

REACH

Registration, Evaluation and Authorisation of Chemicals. EU chemical control legislation which came into force in June 2007

SEC

Stationary Emissions Control

SNG

Substitute natural gas

SO2

Sulphur dioxide

Syngas, synthesis gas

A mixture of hydrogen and carbon oxides