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UK's Johnson Matthey sells unit to Honeywell for $2.4 billion
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UK's Johnson Matthey sells unit to Honeywell for $2.4 billion
May 26, 2025 12:13 PM

May 22 (Reuters) - British chemicals firm Johnson

Matthey ( JMPLF ) has agreed to sell a division that houses

technologies that go into making sustainable fuels for 1.8

billion pounds ($2.4 billion), including debt to Honeywell

International ( HON ).

The unit, known as catalyst technologies, designs and makes

catalysts used in energy and chemicals industries to make

products that go into sustainable aviation fuel, fertilisers,

paints, among other things.

($1 = 0.7447 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Mrigank

Dhaniwala)

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