Issue Date: April 8, 2013
Perstorp Catalysts Go To Johnson Matthey
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.. . .
You Do Not Have Access to C&EN Protected Content.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society