17 September 2005

Johnson Matthey has signed a Memorandum of Understanding (MOU) with representatives of Gyeonggi province in Korea, to secure a green field site as the first step in a multi-million pound investment in Korea. The site is located in a new high technology science park near Jangan in Gyeonggi province, 50 kilometers south west of Seoul.

Johnson Matthey plans to build a plant to manufacture emission control catalysts for a range of both diesel and gasoline powered vehicles. The new facility will also carry out R&D activities and will include vehicle and engine emission test capabilities to support the Korean motor industry.

Following the signing ceremony, which took place in London, the Korean delegation was given a tour of Johnson Matthey’s European Autocatalyst Technology Centre and of the emission control catalyst production facilities on the Royston site.

Source: Johnson Matthey (press release)