Johnson Matthey PLC · LSE:JMAT
Johnson Matthey — UBS Mobility Conference 2020
19 slides from Johnson Matthey's conference presentation, Dec 11, 2020
Slide 1: UBS Mobility Conference
UBS Mobility Conference 11th December 2020 Maurits van Tol, Chief Technology Officer, Johnson Matthey
Slide 2: Cautionary statement
Cautionary statement This presentation contains forward looking statements that are subject to risk factors associated with, amongst other things, the economic and business circumstances occurring from time to time in the countries and sectors in which Johnson Matthey operates. It is believed that t
Slide 3: A world that's cleaner and healthier; today and for future generations
A world that’s cleaner and healthier; today and for future generations 3
Slide 4: The move to net zero is accelerating: "building back greener"
The move to net zero is accelerating: “building back greener” 26 59% countries and of global GDP with COVID-19 regions have net zero targets has not slowed defined dates to by 2050; 16% a this trend become net zero year ago Source: Committee on Climate Change, Net Zero Report, May 2019; Energy and C
Slide 5: Hydrogen is key to reaching "net zero"
Hydrogen is key to reaching “net zero” Light duty Light industrial transport processes Heating homes and businesses Renewable energy – electrification Most rail applications Energy intensive Marine H2 industrial uses Heavy duty transportation Hydrogen Some rail (including CCS) applications Larger an
Slide 6: JM's technologies for the hydrogen transition
Let’s look at some of JM’s technologies for the hydrogen transition Blue Green Fuel cell Chemical hydrogen production hydrogen production technologies building blocks • Leading technology • CCMs • CCMs • Existing technology • Commercialisation • PEM technology • PEM technology • Syngas conversion, F
Slide 7: Fuel Cells: JM has a strong competitive advantage
Fuel Cells: JM has a strong competitive advantage… Established Science Pgm expertise Trusted partner manufacturing Catalyst and membrane Potential closed Stationary, auto and non- Well along expertise loop offering auto markets experience curve Optimisation for high Lower carbon intensity Existing c
Slide 8: JM has an established, profitable and growing fuel cell business
…JM has an established, profitable and growing business Fuel cell sales (£m) £33m Customers include major 38% global truck and auto OEMs CAGR Estimated addressable truck market of 2015/16 2016/17 2017/18 2018/19 2019/20 c.£1bn p.a. in 2030¹,² Stationary Non-auto Auto >£10bn p.a. in 2040²,³ Note: Sal
Slide 9: JM has a strong presence across hydrogen production technologies
JM has a strong presence across hydrogen production technologies JM’s technologies Brown Grey Blue Green Coal Natural gas Natural gas Renewable electricity Leading catalyst supplier Differentiated technology Expect to supply catalyst - 40% segment share¹ and catalyst supplier coated membrane Gasific
Slide 10: Green hydrogen becomes more competitive over the medium term
Green hydrogen becomes more competitive over the medium term Estimated hydrogen cost ($ per kg H2) Blue hydrogen advantaged in 8 certain regions and likely to be 7 a long term solution in places with the right geology and 6 infrastructure e.g. US and UK 5 4 Grey 3 Green 2 Green hydrogen will be a so
Slide 11: JM's award winning blue hydrogen technology
JM’s award winning blue hydrogen technology builds on our expertise in grey hydrogen and methanol Johnson Matthey’s blue hydrogen technology Feed gas Methane (CH4) from natural gas is reacted with steam to produce hydrogen Syngas (H2) and carbon dioxide (CO2) (CO, CO2, H2) Interchanger Oxygen Most e
Slide 12: Our blue hydrogen technology is already being commercialised
Our blue hydrogen technology is already being commercialised Trialling decarbonised hydrogen as a fuel and feedstock …and a pipeline of HyNet Phase 1 Phase 1: 80kt of hydrogen p.a. blue hydrogen North West England Equivalent to world scale hydrogen plant projects globally Used in industry, homes and
Slide 13: Green hydrogen: electrolysis of water using renewable energy
Green hydrogen: electrolysis of water to produce hydrogen using renewable energy PEM Alkaline Proton exchange membrane (PEM): polymer electrolyte and pgm electrodes H+ OH- • Compact or large systems • Robust in non-continuous use applications Nickel/carbon-platinum metal Proton exchange membrane H2O
Slide 14: Why JM will be successful in green hydrogen
Why JM will be successful in green hydrogen Comparable technology to fuel cells Estimated • CCM is heart of system and key for performance and cost reduction addressable • Competitive advantage in pgm catalysis and thrifting PEM market of • Ability to scale quickly c.£2bn to £4bn Potential closed lo
Slide 15: JM continues to support an integrated hydrogen economy
JM continues to support an integrated hydrogen economy… -from hydrogen to base chemical building blocks to specialty chemicals and fuels Research Commercialisation Strategy • Accelerated growth • Hydrogen and fuel cells sales • R&D investment already c.£100 million • Blue Hydrogen, commercial • Samp
Slide 16: …and our stakeholders are recognising it
…and our stakeholders are recognising it 16
Slide 17: Turning green hydrogen into chemical building blocks: a vision
Turning green hydrogen into chemical building blocks: a vision Methanol Fuels Industries emitting high concentration CO2, etc. Methane Chemicals Carbon dioxide Water Fischer Tropsch Gas conditioning rWGS unit Hydrocarbons Synthesis CO, H2 H2O Oxygen1 Hydrogen Renewables, solar, Electrons Electrolyse
Slide 18: Q&A
Q&A
Slide 19: www.matthey.com/investors
www.matthey.com/investors