Oxnard (ots) – Clean Diesel Technologies, Inc. (Nasdaq: CDTI), a leading provider of advanced emission control technologies, today introduced a new proprietary technology that eliminates the need for expensive platinum catalysts and rare earth elements in superfluous. CDTi have already been granted the first two patents in a patent family for Spinel [TM]. In spinel [TM] is a proprietary emission control technology that reduces the cost of compliance with the Clean Air standards drastically.
The new technology will promote the development of innovative catalytic product groups, which will reduce the use of traditional catalysts based on platinum and rare earth metals. This is the first public announcement of the spinel technology that was previously held by CDTi under wraps.
- a proprietary family of materials, which make the use of different base metals in the coatings of conventional catalysts platinum (PGM) and rare earth metals superfluous - can at are used - - a wide range of engine and vehicle applications - both diesel as well as gasoline test operation already included recognized independent testing laboratories in production models popular passenger cars and heavy duty vehicles to
Spinel – meaning and benefits
- could by not using platinum and rare earth metals at the OEMs lead to savings in the billions - currently OEMs invest about 6 billion US dollars per year in PGM (Source: calculated from Johnson Matthey PLC in Platinum 2013 Interim Review) - allows an early and cost-effective compliance with stringent emission standards in the US and around the world - reduced for OEMs the negative impact of the high level of volatility in the PGM and rare earth markets
“Currently, give OEMs annually billions of dollars for PGMs and rare, “says CEO Chris Harris. “With the introduction of new emission regulations, this expenditure will rise dramatically in the traditional technologies. Spinel solves serious cost and supply problems of the industry and is an important breakthrough for us and all OEMs that produce fossil fuel powered engines.”
CTO Dr. Stephen Golden added, “The Spinel technology is the result of hard work and ingenuity of our world-class R & amp; D teams With the use of new materials stricter guidelines can now be maintained very much cheaper.. Validation tests are already carried out. At the same time we are expanding our IP portfolio offensive and equip the products of global OEMs continues with Spinel from. ”
For more information about the technology of Spinel CDTi they receive under www.cdti.com/spinel.
CDTi is a vertically integrated global manufacturer and distributor of emission control systems and products, specializing in light and heavy duty diesel trucks. CDTi uses its patented proprietary Mixed Phase Catalyst (MPC) technology and other technologies for high-quality and sustainable solutions to reduce emissions, increase energy efficiency and the carbon intensity of combustion drive systems for on- and off-road operation can be reduced. CDTi is headquartered in Oxnard, California and currently additional locations in the US, UK, Canada, France, Japan and Sweden. For more information, please visit www.cdti.com.
About platinum group metals (PGMs)
Expensive platinum metals such as platinum, palladium and rhodium are used for the manufacture of exhaust catalysts, palladium and rhodium are used primarily in catalysts of light commercial vehicles worldwide , According to the report “Platinum 2013 Interim Review” of Johnson Matthey PLC was 70% of the total platinum and 80% of the total rhodium from southern Africa. Russia and Southern Africa delivered 75% of the total palladium.
About called rare earth metals
rare earth elements such as cerium, neodymium and lanthanum, rare earth elements also, are chemical elements that come in wide variety of devices that are used today, every day, such as computers, mobile phones, batteries and catalysts. As the global demand for these devices increases, the demand for rare earth metals is expected to rise. According to the US Geological Survey’s Mineral Commodity Summary 2014 published in 2013 alone were imported from the US rare earth worth 260 million US dollars. 79% percent of the imported from the US rare earth metals come from China, 65% were used for catalysts.
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