Commenting on the
licencing agreement, Neil Carson, Division Director
of Johnson Matthey Catalytic Systems Division, said:
"Johnson Matthey's
Continuously Regenerating Technology is the system
of choice for removing particulates from the exhaust
of heavy duty diesel engines. We are making excellent
progress with many new products in this field which
will enable us to continue to meet the requirements
of legislation and the marketplace. This agreement
with Clean Diesel Technologies supports our intention
to maintain world leadership in diesel exhaust emission
control technology".
Jeremy Peter-Hoblyn,
President of Clean Diesel Technologies said:
"This licence agreement
enhances Clean Diesel Technologies' proprietary position
in the use of platinum-based fuel additives for improving
the performance of diesel particulate filters and
provides customers with a further option in selecting
the most suitable diesel emission control technology
for their application". He added: "Clean Diesel Technologies
is working with Johnson Matthey to develop further
technologies that will benefit the environment and
we look forward to increased business links in the
years to come."