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Johnson Matthey closes US$75m Li-ion deal with Clariant

Fri, 03/06/2015 - 12:30 -- Paul Crompton
Johnson Matthey has bought Clariant’s lithium-ion battery materials energy storage.

UK based electro-chemical battery manufacturer Johnson Matthey (JM) Plc has bought Clariant’s lithium-ion battery materials energy storage business for US$75 million.

The acquisition of the Swiss chemical company’s Business Line Energy Storage was announced in October 2014, but only closed on February 28th 2015.

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