Johnson Matthey sees clean fuel tech ‘hypergrowth’
Demand for technology and components deployed in the SAF and blue hydrogen sectors is booming, UK-based company tells Petroleum Economist
Demand for technology used in the sustainable aviation fuel (SAF) and blue hydrogen sectors has accelerated into a phase of “hypergrowth” as global production of the clean fuels scales up globally, according to Maurits van Tol, chief executive of Catalyst Technologies at Johnson Matthey. “Demand for blue hydrogen technology and anything related to SAF is booming,” van Tol told Petroleum Economist in an interview. “We call it hyper-scaling—not fast growth, but hypergrowth.” Maurits van Tol, chief executive of catalyst technologies at Johnson Matthey Policies mandating increased SAF use are key drivers of growth. Meeting the UK’s target o
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields