Partnership to strengthen Plug’s supply chain and help meet growing demand for fuel cells and electrolyzersLATHAM, N.Y., Jan. 31, 2023 (GLOBE NEWSWIRE) — Plug Power, (NASDAQ: PLUG) (Plug), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Johnson Matthey (JM), a global leader in sustainable technologies, today announced a long-term strategic partnership to accelerate the green hydrogen economy.
JM will become an important strategic supplier of MEA components, providing a substantial portion of Plug’s demand for catalysts, membranes, and catalyst coated membranes (CCM). Importantly, JM brings security of supply of precious metals, and unique recycling capabilities. This strategic partnership between Plug and JM will support Plug in delivering its targeted revenue of US$5 billion and US$20 billion by 2026 and 2030 respectively. To…
Plug Power and Johnson Matthey announce long-term strategic partnership to accelerate the hydrogen economy
