Showing posts with label emissions. Show all posts
Showing posts with label emissions. Show all posts

Wednesday, April 09, 2008

Technology: Clean Diesel signs deal with China Diesel Engine Exhaust Co

Clean Diesel Technologies announces licensing agreement with largest Diesel Engine Exhaust Company in China

Milestone Agreement opens markets in China for emissions reduction technologies

Stamford, Conn. (BUSINESS WIRE) - Clean Diesel Technologies, Inc. (NASDAQ:CDTI; XETRA:CDIA; AIM:CDT), the cleantech emissions reduction company, today announces it has licensed its Wire Mesh Filter (WMF) technology to Headway Machinery Co., Ltd. (Zhucheng City, China), the largest commercial diesel engine exhaust company in China.

This agreement enables Headway to develop the WMF technology in order to provide particulate matter (PM) emission reduction solutions to China-based truck manufacturers. The objective for Headway is to bring China in line with the Euro IV PM emission standards for light and medium duty trucks. China adopted the Euro IV emissions standards on January 1, 2008. Clean Diesel, in return, will receive an upfront licensing fee and royalties on all WMF units sold in China.

"This deal provides Clean Diesel comprehensive access to the world's second largest automotive market," said Dr. Bernhard Steiner, President and CEO of Clean Diesel Technologies. "This agreement reinforces the value of our technologies as cost effective, robust emission control solutions for use worldwide.
We are very proud to be working with Headway Machinery."

Headway CEO, Mr Pei-hai Gao said, "Headway is the largest commercial diesel engine exhaust supplier in China.

Combining our market reach with technologies from Clean Diesel, a world leader in the development of emissions reduction technologies, will help provide a cleaner future for China. Our cooperation combines the respective strengths of both parties, which includes deep market penetration on the one hand and proven effective technology on the other."

Mr Gao added, "As the world pays more attention to environmental matters, and as China emphasises energy efficiency and pollution reduction, I am confident that our cooperation will have a long, enduring future. I see great success and a bright future for our two companies."About Headway Machinery Headway Machinery, established in 1985, is based in Zhucheng City of the Shangdong Province. The company is China's largest tier-one automotive diesel exhaust supplier with market reach throughout China. For more information, please visit www.headwaymachine.com.

About Clean Diesel Technologies

Clean Diesel Technologies (NASDAQ: CDTI) is a cleantech company providing sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road engine applications. Clean Diesel's patented technologies and products allow manufacturers and operators to comply with increasingly strict regulatory emissions and air
quality standards, while also improving fuel economy and power.
The Company's solutions, which are in commercial use worldwide, significantly reduce emissions formed by the combustion of fossil fuels and biofuels, including particulate matter (PM), nitrogen oxides (NOx), carbon monoxide and hydrocarbons. Clean Diesel solutions also reduce carbon dioxide (CO2) emissions, a key greenhouse gas associated with global climate change.

Clean Diesel develops and manages intellectual property from original concept to full-scale commercial deployment. Its offerings include ARIS? Selective Catalytic Reduction (SCR); the patented combination of SCR and Exhaust Gas Recirculation; hydrocarbon injection for emissions control applications; Platinum Plus? Fuel-Borne Catalyst (FBC); the Purifier? family of particulate filter systems; and its Wire Mesh Filter particulate filter technologies. The Company was founded in 1995 and is headquartered in Stamford, Connecticut. A wholly owned subsidiary, Clean Diesel International, LLC, is based in London, England. For more information, please visit www.cdti.com.

Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the U.S.

Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Clean Diesel Technologies, Inc.
Dan Skelton, +44 1883 629 090dskelton@cdti.com
or Crescendo Communications, LLC
(U.S. investor contact)
David K. Waldman
or Klea Theoharis, +1 212-671-1020 cdti@crescendo-ir.com
or Innovator Capital Limited
(Financial press inquiries)
Shaun BrownJade Summer +44 20 7297 6840 jade.summer@innovator-capital.com.
or Charles Stanley Securities
Nominated Advisors
Philip Davies, +44 20 7149 6457 philip.davies@csysecurities.com
or Matter Communications
(Technical press inquiries)
Jacqueline Volovich, +1 978-499-9250 x236Jackie@matternow.com

Monday, February 11, 2008

Substantial CO2 reduction due to new technology

Heerenveen, (ANTARA News/PRNewswire-AsiaNet) - Today, the Dutch company Oxycom launched on a global scale an energy efficient air-conditioning system. Oxycom combines the Oxycell(R), a patented air exchanger, with existing air-conditioning applications.


This new hybrid system cools air more efficiently than all other existing models on the global market, allowing buildings to save between 50 per cent and 60 per cent on their energy bills for cooling and ventilation. The system ventilates up to 100 per cent, ensuring a healthy indoor climate. These figures are validated in tests at Intertek ETL Semko in Cortland, USA, one of the worlds leading scientific institutes for testing ventilation and air-conditioning systems.

According to the Energy Statistics from the US Government(1) 16 per cent of the total U.S. electricity consumption is used for air conditioning. "From this 16 per cent, the Oxycell(R) based air conditioning system has the potential of saving more than 50 per cent," says CEO of Oxycom, E. van der Ende.

Worldwide applications

Oxycom aims to enrol the Oxycell(R) into the American market first, where CO2 emissions are amongst the highest in the world. President Bush(2) announced the intention to reduce American CO2 emissions by 18 per cent in 2012. The introduction of the Oxycell(R) in new and existing air-conditioning and ventilation systems would support this goal effectively.

Low investment costs

As well as substantial energy savings and environmental compliance, the new hybrid system will be competitively priced, making it appealing to end-users to embrace it. Oxycom offers licences to manufacturers in the air-conditioning and ventilation industry.

"Now that the earth is getting overloaded and fossil fuel prices are increasing rapidly, technology should step in with stunning solutions, of which the Oxycell(R) is a good example," says Van der Ende. For more information: www.oxy-com.com

Sources of information:
1) source: http://www.eia.doe.gov/emeu/recs/
2) source: President Bush, 14th of February 2002 at Clear Skies & Global
Climate Change Initiatives

For further press information, please contact:
Oxycom Fresh Air B.V.
Mrs. B. Hoekstra
Phone number: (+31)6-30396307

CONTACT: Mrs. B. Hoekstra for Oxycom Fresh Air B.V.,
+(31)6-3039-6307
Web site: http://www.oxy-com.com
SOURCE: Oxycom Fresh Air B.V.

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