Johnson Matthey and Sinopec agree on technology collaboration
UK company and investment arm of Chinese state oil group to explore cooperation on clean hydrogen and fuel cells
UK technology company Johnson Matthey and the investment arm of Chinese oil and petrochemicals group Sinopec have agreed to explore ways to collaborate on green and blue hydrogen, fuel cells and other decarbonisation technologies. The two companies have signed a memorandum of understanding and entered into talks over potential collaborations. “We wish to have a deep collaboration with Johnson Matthey in carbon reduction and green energy fields to fully support achieving China’s national strategic goal of 30/60 carbon peak/carbon neutralisation,” says Zhou Meiyun, deputy chairman and general manager of Sinopec investment arm Sinopec Capital, referring to China’s aim of peaking emissions by 20
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