Robert MacLeod (front right), CEO, Johnson Matthey and Suo Jishuan (front left), general manager, Chinese Academy of Sciences Holdings Co Ltd (CASH) sign a memorandum of understanding to facilitate future broad collaboration between the two parties.
LONDON, UK: Johnson Matthey Plc said it has signed a memorandum of understanding (MoU) with the Chinese Academy of Sciences Holdings Co Ltd (CASH), focussed on R&D to jointly develop and commercialize new technologies and support Johnson Matthey in further growing its presence in China.
CASH is wholly owned by the Chinese Academy of Sciences (CAS), China’s top science and technology research and educational organisation. Founded in 1949, CAS has 104 research institutes, two universities, 12 academies and over 100 key national laboratories across China, Johnson Matthey said.
The MOU was signed on 31 July by Robert MacLeod, chief executive, Johnson Matthey and Suo Jishuan, general manager, CASH under witness of CAS President Bai Chunli at CAS headquarters in Beijing, and will facilitate future broad collaboration between the two parties.
The company’s focus is on using chemistry and applications expertise to solve major global challenges such as air pollution, conservation of natural resources, climate change and promoting health – challenges that are hugely relevant in China, where up to 500,000 premature deaths a year on mainland China are caused by air pollution.
“We already have a strong manufacturing infrastructure in the country and plan to increase our investment over the next decade. Also we are excited about the prospect of working with CAS/CASH to jointly develop new sustainable technologies and further strengthen our position in China,” said MacLeod.
“Johnson Matthey is a much admired global leader in sustainable technologies. I wish both parties success in combining their strengths to make significant contributions to scientific development,” said Chunli.
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