During its Capital Markets Day presentations, specialty chemicals company Johnson Matthey said it will invest an initial £200 million (US$270 million) starting in 2018 to build capacity to drive growth in a market which could be more than $30 billion sales when battery electric vehicle penetration increases to around 10%. In addition to what it projects as “breakout growth” in Battery Materials, Johnson Matthey also said it expects to deliver sustained growth in Clean Air markets—including automotive exhaust treatment solutions—driven by share gains in European light duty and upcoming tighter legislation. Batteries. In his presentation, Dr. Alan Nelson, Sector Chief Executive, New Markets and Group CTO, said that Johnson Matthey was working on three new market […]