|Over a week ago|
Johnson Matthey price target raised to 3,200 GBp at Credit Suisse » 12:5010/0210/02/20
Credit Suisse analyst…
Credit Suisse analyst Charles Bentley raised the firm's price target on Johnson Matthey to 3,200 GBp from 3,100 GBp and keeps an Outperform rating on the shares.
|Over a month ago|
Johnson Matthey to hold a webcast » 17:2509/1809/18/20
Johnson Matthey to hold a webcast » 04:5509/1809/18/20
Johnson Matthey price target raised to 3,000 GBp at Morgan Stanley » 13:1509/1609/16/20
Morgan Stanley analyst…
Morgan Stanley analyst Charles Webb raised the firm's price target on Johnson Matthey to 3,000 GBp from 2,850 GBp and keeps an Overweight rating on the shares.
Johnson Matthey initiated with a Buy at Stifel » 06:2409/1409/14/20
Stifel analyst Margaret…
Stifel analyst Margaret Schooley initiated coverage of Johnson Matthey with a Buy rating and 2,850 GBp price target. As conditions in the automotive market appear to be slowly improving, Clean Air should benefit from increasingly stringent emission legislation and Johnson's efficiency actions, Schooley tells investors in a research note.
Johnson Matthey to hold a webcast » 13:0609/1309/13/20
KBR, Johnson Matthey sign agreement for ammonia-methanol co-production process » 06:0609/0809/08/20
KBR (KBR) and Johnson…
KBR (KBR) and Johnson Matthey (JMPLY), announced that they have signed an alliance agreement to license a ammonia-methanol co-production process that combines their ammonia and methanol technologies. The co-production process is based on technologies utilizing KBR's proprietary Purifier ammonia process and JM's methanol process. Since the 1960s, KBR has licensed, engineered or constructed more than 244 ammonia plants worldwide. JM has supplied the methanol industry with technology and catalysts for over 45 years and has licensed over 100 grassroots methanol plants during this period. Ammonia is primarily used in the production of urea for fertilizer, with methanol and its derivative products primarily used to produce formaldehyde, acrylic plastic, synthetic fabrics, adhesives, paints, and other products in pharmaceuticals and agrichemicals. The co-production of methanol and ammonia in a single plant offers reduced capital expenditures and lower operating expenses.
Johnson Matthey methanol technology chosen for single train methanol plant » 09:3208/0408/04/20
Johnson Matthey announced…
Johnson Matthey announced another successful license award. JM has been selected by China's Ningxia Baofeng Energy Group as licensor for the third methanol synthesis plant at their coal to olefins complex near Yinchuan in Ningxia Province PRC. With a planned capacity of 7200 mtpd, the methanol plant will be the largest single train methanol plant in the world once completed. Under the agreement Johnson Matthey will be the licensor and supplier of associated engineering, technical review, commissioning assistance, catalyst and equipment supply. The JM methanol plant will take synthesis gas as a feed and utilise JM radial steam raising converters in a patented Series Loop. Together with JM catalysts, to produce stabilized methanol as a product that is used to produce olefins downstream, the plant will provide enhanced energy efficiency along with low OPEX, CAPEX and emissions. Upon startup, this will represent JM's 8th operating license in China with a plant capacity greater than 5500 mtpd. It is the third JM methanol design licensed by Ningxia Baofeng Energy. This award follows the recent successful commissioning of the 6600 mtpd Baofeng methanol synthesis unit in May 2020 and the original 4450 mtpd methanol synthesis unit, which was commissioned in 2014. It demonstrates Baofeng's recognition of JM's technical leadership in this key growth market and is a testament to Johnson Matthey's commitment and dedication to the delivery of large-scale methanol production.
UBS backs Sell on Johnson Matthey » 13:0107/2407/24/20
UBS analyst Andrew Stott…
UBS analyst Andrew Stott reiterated a Sell rating and GBp 1,900 price target on Johnson Matthey, saying the 1H21 consensus looks "materially exposed" on AGM update.
|Over a quarter ago|
Johnson Matthey price target raised to 1,900 GBp from 1,800 GBp at UBS » 14:4307/0807/08/20
UBS analyst Andrew Stott…
UBS analyst Andrew Stott raised the firm's price target on Johnson Matthey to 1,900 GBp from 1,800 GBp and keeps a Sell rating on the shares.