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Johnson Matthey shares rise on Plug Energy partnership 


Shares of Johnson Matthey [s:uk: jmat] rose 1% on Wednesday after the chemical substances and sustainable-technologies firm introduced a partnership with U.S.-based Plug Energy
PLUG,
+2.24%
.
“Below the memorandum of understanding, the businesses will develop a roadmap to speed up the joint growth of high-performance electrolyser expertise with improved sturdiness, elevated efficiency, and better vitality effectivity than methods obtainable immediately,” mentioned a assertion on Johnson Matthey’s web site. https://matthey.com/en/information/2021/plug-partner-electrolyser-tech. Plug Energy is a number one producer of electrolysers used to fabricate inexperienced hydrogen.



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