Corning Introduces Next-Generation Cordierite Filter for Light-Duty Diesel Vehicles; Advanced Particulate Filter Provides Lasting Durability and High-Performance.CORNING, N.Y. -- Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. (NYSE NYSE See: New York Stock Exchange :GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ) announced today that it will begin supplying a new, advanced cordierite cor·di·er·ite n. A dichroic violet-blue to gray mineral silicate of magnesium, aluminum, and sometimes iron. Also called dichroite. [French, after Pierre L. diesel particulate filter “DPF” redirects here. For plasma focus device, see dense plasma focus. A diesel particulate filter, sometimes called a DPF, is a device designed to remove diesel particulate matter or soot from the exhaust gas of a diesel engine. to light-duty diesel vehicle manufacturers. Compared to traditional cordierite, Corning's monolithic DuraTrap(R) AC filters offer low pressure drop to help reduce fuel consumption and increase the power rating. They also offer improved thermal durability and high-filtration efficiency. DuraTrap AC filters are targeted to be the first cordierite filters used in large-scale for diesel passenger cars. They are optimized for use in light-duty diesel vehicles that have new and advanced regeneration systems. "With more than thirty years of experience working with cordierite and a deep understanding of emissions control Emissions control may refer to:
DuraTrap AC filters offer a unique performance combination of relatively high-soot-mass limit with a low pressure drop, compared to traditional cordierite. The filter's low pressure drop allows for integrated functionality in catalyzed-soot filter applications. In addition, the new filter offers outstanding thermal characteristics and a wide operating window. DuraTrap AC's high-filtration efficiency will help light-duty auto makers to meet the increasingly stringent Euro V emissions regulations. Corning will begin manufacturing and supplying DuraTrap AC filters in the first half of 2007. This is the second filter for light-duty diesel applications that Corning has launched. In 2005, Corning introduced DuraTrap(R) AT filters, which are being used by leading auto makers for light-duty diesel applications as an effective alternative to systems designed for silicon carbide silicon carbide, chemical compound, SiC, that forms extremely hard, dark, iridescent crystals that are insoluble in water and other common solvents. Widely used as an abrasive, it is marketed under such familiar trade names as Carborundum and Crystolon. . Corning invented an economical, high-performance cellular ceramic substrate in the early 1970s that is now the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. About Corning Incorporated Corning Incorporated (www.corning.com) is a diversified technology company that concentrates its efforts on high-impact growth opportunities. Corning combines its expertise in specialty glass, ceramic materials, polymers and the manipulation of the properties of light, with strong process and manufacturing capabilities to develop, engineer and commercialize significant innovative products for the telecommunications, flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time , environmental, semiconductor, and life sciences industries. Forward-Looking and Cautionary Statements This press release contains forward-looking statements that involve a variety of business risks and other uncertainties that could cause actual results to differ materially. These risks and uncertainties include the possibility of changes or fluctuations in global economic and political conditions; tariffs, import duties and currency fluctuations; product demand and industry capacity; competitive products and pricing; manufacturing efficiencies; cost reductions; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. by larger customers in the liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. industry and other businesses; changes in the mix of sales between premium and non-premium products; facility expansions and new plant start-up costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political instability or major health concerns; ability to obtain financing and capital on commercially reasonable terms; adequacy and availability of insurance; capital resource and cash flow activities; capital spending; equity company activities; interest costs; acquisition and divestiture activities; the level of excess or obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. ; the rate of technology change; the ability to enforce patents; product and components performance issues; changes in key personnel; stock price fluctuations; and adverse litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. or regulatory developments. These and other risk factors are identified in Corning's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events. |
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