Material Insights · Understanding the Material World

Chemical process catalysts: Trading

Why there is no open market for process catalysts

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • Plant owners buy reloads under long-term agreements with licensors
  • Indian fertiliser and petrochemical companies (e.g. RCF, NFL, Reliance, GAIL) tender for reloads

Who sells, and from where

  • Licensors and catalyst makers sell direct; no merchant market

Price benchmarks

BenchmarkPublisherBasis
None for catalystsprices confidential

Exchanges

VenueContractNotes
Nonenot exchange-tradedmetal inputs hedged on LBMA and LME

Contract types

  • Licence plus first fill
  • Reload supply agreements
  • Performance guarantees on activity and life
  • Metal lease and toll refining for precious metals

Traders and distributors

  • Not applicable

How Indian buyers price it

  • Tendered by plant owners; imported at supplier price plus customs duty and GST

Recent price points

DatePriceBasisSource
2025not publishedprivate contracts

Good sources to follow

Topsoe news and financial releasesfree research site · Topsoe

syngas and e-fuel catalysts, PTX restructuring

Clariant newsfree research site · Clariant

Catalysts business unit results

Johnson Matthey investorsfree research site · Johnson Matthey

Clean Air and PGM results; sale of Catalyst Technologies to Honeywell