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Single-site catalyst boosts PP technology performance

Publisher: Elsevier Science
Year: 2009
Weight: 59 KB
Volume: 2009
Category: Article
ISSN: 1351-4180
DOI: 10.1016/s1351-4180(09)70167-9

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✦ Synopsis

why the group's shares were slightly up in trading on 1 Apr 2009, despite the fact that fourth-quarter sales will fall below those in the same period in 2007: the balance sheet is strong and debt is falling at an impressive rate. Work in its environmental technology arm will be increasingly led by legislative changes in the future, rather than the economy. A closer look at the company, however, and the investment case begins to unravel. The weak pound is underpinning the on-guidance performance, and one of Johnson Matthey's main industries, automotives, is suffering terribly, and without any end in sight. The company's shares have lost nearly 50% of their value in the past 12 months.

The Independent, 2 Apr 2009 (Website: http://www.independent.co.uk) Logos Technologies to make jet fuel from waste biomass

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