UK's Johnson Matthey sells unit to Honeywell for $2.4 billion
ReutersMay 22, 2025 6:03 AM
May 22 (Reuters) - British chemicals firm Johnson Matthey JMAT.L has agreed to sell a division that houses technologies that go into making sustainable fuels for 1.8 billion pounds ($2.4 billion), including debt to Honeywell International HON.O.
The unit, known as catalyst technologies, designs and makes catalysts used in energy and chemicals industries to make products that go into sustainable aviation fuel, fertilisers, paints, among other things.
($1 = 0.7447 pounds)
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