PR87660

LONDON, Jan. 19, 2021 /PRNewswire=KYODO JBN/ --

Johnson Matthey (JM), a leader in sustainable technologies, has confirmed that

its battery cathode materials plant in Konin, Poland, will be powered solely by

electricity from renewable sources from day 1 of production.

JM has signed a contract with Axpo, a leading European producer and marketer of

renewable energy which focuses on solar and wind investments. Axpo will provide

renewable electricity to Johnson Matthey’s new factory in Konin that is

expected to commence commissioning in 2022 to supply automotive platforms for

production in 2024. Using 100% renewable energy will significantly reduce the

plant’s carbon footprint and support Poland’s shift to a lower carbon economy.

The new plant in Konin represents a major step in the commercialisation of

eLNO(R), JM’s family of advanced, nickel-rich cathode materials designed for

PHEV/BEV automotive battery applications. With production powered 100% by

renewable energy, eLNO has the strong environmental credentials that contribute

to a sustainable battery value chain.

Securing 100% renewable energy from day 1 demonstrates Johnson Matthey’s

commitment to sustainability both now and in the future and represents the

first step in Johnson Matthey’s plan to invest in strategic partnerships to

develop new long term renewable energy supply as the Battery Materials business

expands its production capacity.

Christian Günther, Chief Executive, Battery Materials at JM comments: "Making

battery materials is an energy intensive process. When running at target

capacity, our Konin plant will significantly increase JM’s overall energy

consumption, so it’s crucial that we minimise its carbon footprint from the

outset to ensure a sustainable battery value chain. Playing a big part in the

future of electric vehicles isn’t enough for us – sustainability is at heart of

everything we do at Johnson Matthey as we strive to make the world a cleaner,

healthier place."

Johnson Matthey is a global leader in science that enables a cleaner and

healthier world. With over 200 years of sustained commitment to innovation and

technological breakthroughs, we improve the performance, function and safety of

our customers’ products and in 2020 we received the London Stock Exchange’s

Green Economy Mark, given to companies that derive more than 50% of revenues

from environmental solutions. Our science has a global impact in areas such as

low emission transport, pharmaceuticals, chemical processing and making the

most efficient use of the planet’s natural resources. Today more than 14,000

Johnson Matthey professionals collaborate with our network of customers and

partners to make a real difference to the world around us. Johnson Matthey is a

member of the Global Battery Alliance and supports the GBA’s ten principles for

a sustainable battery value chain.

For more information, visit www.matthey.com

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

Source: Johnson Matthey