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CDTi Reports Compelling Vehicle Test Results for Spinel(TM) Technology
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CDTi Reports Compelling Vehicle Test Results for Spinel(TM) Technology
Tests on Two Car Models Show Spinel(TM) Eliminating Over 90% of PGMs on Underfloor Catalysts
OXNARD, Calif., June 2, 2015 (GLOBE NEWSWIRE) -- Clean Diesel Technologies, Inc. (Nasdaq:CDTI) ("CDTi" or "the Company"), a leader in advanced emission control technology, announced initial vehicle test results for Spinel(TM), its proprietary clean emissions exhaust technology that is expected to dramatically reduce the cost for auto manufacturers to attain increasingly stringent clean air standards.
Initial vehicle tests were conducted at an independent test facility using the industry standard Federal Test Procedure (FTP) on a model year 2014 Buick Regal 2.0 liter turbo-charged gasoline direct injection (GDI) engine. The data demonstrated that a Spinel underfloor catalyst with 97% less platinum group metal (PGM) achieved emissions control performance equivalent to the OEM catalyst. The Spinel catalyst PGM loading was 2g/ft3 compared to 59g/ft3 for the OEM catalyst. The Spinel catalyst at 2g/ft3 also provided equivalent performance to the OEM catalyst at 22g/ft3 on a 2014 Toyota Camry with a 2.5 liter naturally-aspirated engine -- a PGM savings of 91%. For many passenger cars, these levels of PGM reduction could translate into double-digit dollar cost savings per vehicle, reinforcing Spinel's strong value proposition for OEMs.
"These encouraging initial results from rigorous FTP testing demonstrate the significant potential of our Spinel technology," stated Chris Harris, CDTi's President and CEO. "Spinel could provide OEMs with a cost-effective solution as they face the prospect of increased PGM usage while phasing in next-generation fuel-efficient engines that must meet tighter emission regulations. Passenger cars typically have two catalysts for different exhaust zones, and our program was designed to develop and test proprietary Spinel systems for the underfloor position first and then move on to testing the close-coupled catalyst. These initial results suggest we now have an ultra-low PGM option for underfloor catalysts. In addition, analysis of the post-test catalysts have provided insights into further improvements, reinforcing the possibility that Spinel eventually might be able to eliminate PGMs altogether. We continue with validation testing on close-coupled catalysts, and we expect to report those results later this year.
"We are excited about recent results for Spinel and our other next-generation technologies -- BMARS(TM) and SPGM(TM) DOC. These technologies could enable the light and heavy duty vehicle industries to reduce the billions of dollars currently spent on PGMs, as well as address the increasing risks of supply constraints and price volatility surrounding strategic materials like PGMs and rare earths," Harris concluded.
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