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