Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Perstorp Catalysts Go To Johnson Matthey

by Michael McCoy
April 8, 2013 | A version of this story appeared in Volume 91, Issue 14

British catalyst maker Johnson Matthey has acquired the Formox formaldehyde catalyst business from Sweden’s Perstorp for about $160 million. The business, which makes and recycles metal oxide catalysts that convert methanol into formaldehyde, had sales last year of about $75 million. Johnson Matthey says the purchase enhances its supply of technology for syngas and other chemical processes. It also sees use for Formox’ selective oxidation catalysis technology in other areas.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.