University of Houston Taps CDTi Advanced Materials to Implement Emission Catalyst Technology for Department of Energy Grant
26 Aprile 2018 - 2:00PM
CDTi Advanced Materials, Inc., (Nasdaq:CDTI) (“CDTi” or “the
Company”), a leader in advanced emission control technology,
announced it is partnering with a consortium led by University of
Houston (Houston, Texas) on a Department of Energy (DOE) grant.
CDTi’s Spinel™ technology will be a key element in developing
a new class of high performance catalysts with low levels of
precious metals for natural gas engine emissions control. The $2
million grant, of which $800,000 is due to CDTi, is payable over a
three-year period beginning in the second quarter of 2018.
Matthew Beale, CDTi Advanced Materials' CEO, stated “The natural
gas vehicle sector is gaining traction both in the US and
worldwide, as many cities are switching to cleaner burning natural
gas due to lower pollutants, lower cost of compliance, and lower
greenhouse gas emissions compared to diesel. As a result, CNG
catalysts will have to be upgraded. The University of Houston has
significant experience in emission catalyst research, development,
and testing for gasoline, diesel and natural gas vehicles.
Participating with them in developing the next generation,
breakthrough low PGM catalyst will be highly applicable to our
company initiative to enter the natural gas sector.”
Michael Harold, the project Principal Investigator and chemical
engineering professor from the University of Houston, states, “We
are committed to advancing clean transportation fuels. Natural gas
is a domestic fuel, so helping to expand its deployment through
research on this DOE grant is exciting. Spinel™, CDTi’s unique
advanced materials technology being developed to dramatically
reduce the cost of attaining more stringent clean air standards,
was a key factor in obtaining the grant. As such, CDTi will
lead the emission catalyst technology development and
commercialization. This nicely complements UH’s expertise in
emission catalysis and reaction engineering research and vehicle
testing.”
About Spinel
The Spinel™ platform is a family of proprietary materials using
various base metals that replace costly PGMs and rare earth metals
in coatings on standard catalytic converters. Spinel works across a
wide range of engine and vehicle applications – both gasoline and
diesel – and offers significant cost savings for OEMs by
dramatically reducing or eliminating expensive PGMs and rare earth
metals. The technology has the potential to enable early,
cost-effective compliance with stricter emissions standards in the
U.S. and around the world, while mitigating OEM exposure to supply
uncertainty and price volatility in the PGM and rare earth markets.
More information may be obtained at www.cdti.com/spinel.
About CDTi
CDTi develops advanced materials technology for the emissions
control market. CDTi’s proprietary technologies provide high-value
sustainable solutions to reduce hazardous emissions, increase
energy efficiency and lower the carbon intensity of on- and
off-road combustion engine systems. With a continuing focus on
innovation-driven commercialization and global expansion, CDTi’s
breakthrough Powder-to-Coat (P2C™) technology exploits the
Company’s high-performance, advanced low-platinum group metal (PGM)
emission reduction catalysts. Key technology platforms include
Mixed Phase Catalyst (MPC®), Base Metal Activated Rhodium Support
(BMARS™), Synergized PGM (SPGM™), Zero PGM (ZPGM™) and Spinel™. For
more information, please visit www.cdti.com.
Contact Information: Moriah
Shilton or Kirsten ChapmanPhone: 415-433-3777Email:
cdti@lhai.com
Grafico Azioni CDTI Advanced Materials (PK) (USOTC:CDTI)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni CDTI Advanced Materials (PK) (USOTC:CDTI)
Storico
Da Set 2023 a Set 2024