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June 20, 2013
16:32 EDTCDTICDTi accelerates development of materials science platform
Clean Diesel Technologies announced that it has conducted a strategic review of its business and determined to pursue aggressive development of its unique materials science platform, which it views as the most likely path to enhance growth and improve shareholder value over the long-term. The strategy is intended to build on recent announcements and initiatives, including the appointment to its Board of Directors of Dr. Lon E. Bell, a noted technologist with significant product commercialization experience, an increased focus on patenting its proprietary, advanced low- and zero-platinum group metal technologies and the implementation of a joint-venture with Pirelli Group to market their combined catalogue of emission control products in Europe. The company intends to pursue additional licensing and partnership arrangements to accelerate the commercialization of its patented and proprietary materials technology and reduce its need for additional, significant capital expenditures to expand its manufacturing platform.
News For CDTI From The Last 14 Days
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September 24, 2015
08:08 EDTCDTIClean Diesel CEO: Volkswagen scandal emphasizes importance of regulation
Clean Diesel Technologies (CDTI) released the following statement in response to numerous questions from industry analysts and investors regarding recent emissions compliance issues within the automotive industry, particularly with Volkswagen (VLKAY): "Recent news surrounding non-compliance with automotive emission laws emphasizes the priority government regulators and the public place on improving air quality and safeguarding human health around the world. The strong reaction to the negative aspects of non-compliance makes it crystal clear that governments intend to strictly enforce stringent emission regulations as they urgently and aggressively tackle the enormous environmental, social and economic costs stemming from harmful vehicular pollutants. Globally, there will soon be 100 million new passenger cars produced annually as the world's population grows and rising living standards spur demand for cars and commercial vehicles. Simultaneously, governments are moving quickly to safeguard human health and the environment. While more stringent emission regulations take effect worldwide, and car designers leverage turbo, direct gas injection and hybrid engine technologies for fuel efficiency, conventional catalytic converter technology is stretched. Clearly now is the time for the rapid and broad-scale adoption of breakthrough innovations that enable cost-effective compliance. With its long track history supplying emission solutions for passenger cars and heavy duty vehicles, CDTi's next-generation technologies promise cost-effective compliance with increasingly strict emission standards around the world. We believe our proprietary technologies that include MPC, Spinel, BMARS and SPGM, offer vehicle manufacturers superior emission reduction performance at substantially lower cost. We intend to accelerate commercialization of our breakthrough compliance-enabling technologies."

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