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Johnson Matthey buys Swiss battery materials business

Tue, 11/04/2014 - 16:52 -- Laura Varriale
Clariant facility in Quebec, Canada

UK-based specialty chemicals company Johnson Matthey has taken over the battery material business of Swiss chemicals company Clariant for $75m.

Clariant supplies lithium iron phosphate (LFP) cathode material to the lithium-ion battery sector for automotive and non-automotive applications.

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