Johnson Matthey, Beijing, China, has signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China.
At a signing ceremony in Sonning, UK, JM and the Shanghai Jiading District announced plans to build a new catalyst coated membrane (CCM) production facility, providing CCM production capability for multiple proton exchange membrane (PEM) fuel cell applications and PEM electrolysers.
The facility, which will have an initial capacity of up to 5GW, will occupy 22,000m2 in the Jiading district of Shanghai, in a designated Hydrogen industrial zone and is due to be operational in 2025. It will have potential to expand further in line with customer demand.
The investment, which is backed by customer demand, is part of JM’s £1.1 billion global stated capital expernditure for the three years to 2024/25 and will include government support and incentives.
The new production facility will enable Johnson Matthey to supply existing Chinese and international customers with locally produced CCMs, and in addition there is a strong pipeline of further customer interest across both fuel cell and renewable (green) hydrogen technologies.
