“For the rapidly developing hydrogen economy, this partnership is a game-changer. By bringing together one of the largest green hydrogen and fuel cell companies in the world with JM’s technology and manufacturing capabilities, we’re creating volume and scale for green hydrogen that hasn’t existed until now.”
Johnson Matthey partners with Plug Power to accelerate hydrogen economy
Plugging into a greener future with hydrogen power
Hear from Johnson Matthey’s CEO, Liam Condon and Plug Power’s CEO, Andy Marsh on a new long-term strategic partnership.
Accelerating the hydrogen economy
Our world needs to decarbonise in order to address the challenge of climate change, and hydrogen is going to play a pivotal role in the journey towards net zero carbon.
To help meet growing demand for fuel cells and electrolysers, and to accelerate the green hydrogen economy, JM has entered into a long-term strategic partnership with Plug Power, a leading provider of turnkey hydrogen solutions. Bringing our security of supply of precious metals and unique recycling capabilities, we’ll become an important strategic supplier of MEA components, providing a substantial portion of Plug’s demand for catalysts, membranes, and catalyst coated membranes (CCM).
Plug and JM will co-invest in what is expected to be the largest (5GW scaling to 10GW over time) CCM manufacturing facility in the world. The facility will be built in the United States and likely begin production in 2025.
“This partnership will help us strengthen our supply chain and underpin our ability to deliver on the growing demand for our fuel cells and electrolysers. With a partner like JM, Plug is in a strong position to be the global leader of the green hydrogen economy.”