Johnson Matthey to sell blue hydrogen business to Honeywell as part of £1.8bn deal

Asset sale appears to be an effort to placate activist shareholders, but green H2 unit is unaffected

Johnson Matthey headquarters in Royston, UK. — Johnson Matthey headquarters in Royston, UK.Photo: Johnson Matthey

Rachel Parkes

Deputy Editor

Published 22 May 2025, 10:33Updated 22 May 2025, 10:39

Johnson Matthey UK Blue H2 Green H2 PEM electrolysers