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NORTH CAROLINA COMPANY ENTERS POLLUTION CONTROL MARKET

 NORTH CAROLINA COMPANY ENTERS POLLUTION CONTROL MARKET
 DURHAM, N.C., June 11 /PRNewswire/ -- Cormetech, Inc. has begun


production of the nation's first ceramic-based catalysts for control of air pollution from power generation, chemical manufacturing and other industrial sources, company officials announced today. The announcement came during a ceremony dedicating the company's new 60,000-square-foot corporate headquarters and manufacturing facility in Durham, N.C.
 The company produces ceramic-based catalysts which convert nitrogen oxides (NOx), a primary source of acid rain and smog, into harmless by-products. The catalysts remove up to 90 percent of the NOx compounds found in flue gases when fossil fuels, such as coal, oil or gas, are burned.
 Company officials estimate the nation's NOx catalyst market to be $20 million a year. They expect that figure to more than double by 1995 and increase to $150 million by the end of the decade.
 Cormetech was formed in 1989 by Corning Incorporated, Mitsubishi Heavy Industries, Ltd. and Mitsubishi Petrochemical Company Limited.
 "Cormetech symbolizes what can happen when three corporations combine their complementary strengths," said Gerhard F. Koenig, Cormetech's president and chief executive officer. "Our goal is to safeguard the environment while helping companies meet stricter emission control standards."
 According to recent reports, a billion people breath smog, sulfur dioxide, acid rain, carbon monoxide and other toxic pollutants every day. More than 100 United States cities already violate air pollution standards, and existing plants must meet stricter NOx emission standards to comply with local regulations and the Clean Air Act Amendments of 1990.
 Using the Selective Catalytic Reduction (SCR) process, ammonia is injected into the flue gas as the mixture passes through the catalyst. The catalyst converts the mixture into nitrogen and water, two of the most plentiful substances found on earth. SCR systems have been manufactured and sold in Japan for 15 years and licensed and sold in Europe since 1985.
 Joining Koenig at the company's dedication ceremony were Roger G. Ackerman, president and chief operating officer of Corning Incorporated, Hitoshi Yamazaki, a general manager of Mitsubishi Heavy Industries, Ltd., Akira Miura, executive managing director of Mitsubishi Petrochemical Company Limited, and N.C. Governor James G. Martin.
 -0- 6/11/92
 /CONTACT: Gerhard F. Koenig, President and Chief Executive Officer, Cormetech, Inc., 919-620-3000/ CO: Cormetech, Inc.; Corning Inc.; Mitsubishi Heavy Industries, Ltd.;
 Mitsubishi Petrochemical Company Limited ST: North Carolina IN: CHM SU: PDT


JZ -- CH003 -- 9285 06/11/92 13:58 EDT
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Publication:PR Newswire
Date:Jun 11, 1992
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