Glossary
An explanation of the abbreviations, technical terms and specialist language used on our website
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AGM |
Annual general meeting |
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AMG |
Ammonia, Methanol and Gas |
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API |
Active pharmaceutical ingredient |
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CEC |
Chief Executive's Committee |
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CIA |
Chemical Industries Association |
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CO2 |
Carbon dioxide |
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CSR |
Corporate Social Responsibility |
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CTL |
Coal to liquids, multi stage catalytic process used to convert coal into chemicals and fuels |
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DPF |
Diesel particulate filter |
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DPS |
Dividend per share |
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DPT |
Davy Process Technology, now Johnson Matthey Davy Technologies |
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DMFC |
Direct methanol fuel cell |
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DRIP |
Dividend Reinvestment Plan |
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ECT |
Emission Control Technologies |
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EHS |
Environment, health and safety |
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EPS |
Earnings per share |
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EU |
European Union |
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Fischer Tropsch |
Catalytic process used to convert syngas or gasified coal into sulphur free hydrocarbons, including diesel fuel |
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Fuel cell |
Technology which combines hydrogen or a hydrogen rich fuel (methanol, natural gas, biogas) with oxygen (or air) to produce electricity and heat |
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Group Control |
The group's compendium of policies, procedures |
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Manual |
and rules which is distributed to all group operations |
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GTL |
Gas to liquids, multi stage catalytic process used to convert stranded natural gas into sulphur free hydrocarbons, including diesel fuel |
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GWP |
Global warming potential |
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HDD |
Heavy duty diesel |
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ISO 14000 |
Internationally recognised series of standards which specify the requirements for an environmental management system |
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ISO 26000 |
International standard giving guidelines on social responsibility |
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ISO 9000 |
Internationally recognised series of standards which specify the requirements for a quality management system |
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KPI |
Key performance indicator |
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LBG |
London Benchmarking Group |
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MDRC |
Management Development and Remuneration Committee |
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MEA |
Membrane electrode assembly |
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MSC |
Manufacturing Science Centre, Billingham, UK |
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N2O |
Nitrous oxide |
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NGO |
Non-governmental organisation |
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NMR |
Nuclear magnetic resonance, a spectroscopy technique |
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PBT |
Underlying profit before tax |
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Pgm |
Platinum group metal |
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PMPD |
Precious Metal Products Division |
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R&D |
Research and development |
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REACH |
Registration, Evaluation and Authorisation of Chemicals. EU chemical control legislation which came into force in June 2007 |
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SEC |
Stationary Emissions Control |
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SNG |
Substitute natural gas |
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SO2 |
Sulphur dioxide |
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Syngas, synthesis gas |
A mixture of hydrogen and carbon oxides |