Engelhard Awarded Catalyst Contracts From General Motors; Continues Trend Of Aggressively Reducing Precious Metal Content While Meeting More Stringent Emissions Requirements

    ISELIN, N.J.--March 12, 2001--Engelhard Corporation has won two new contracts that expand its supply of emission control catalysts for catalytic converters on the General Motors GMT800 truck platform.
    The contracts award two additional segments of GMT800 business to Engelhard, which first began supplying the platform in 1997. One contract is for 2500- and 3500-series heavy-duty trucks, and the other is for light-duty trucks certified to National Low Emission Vehicle (NLEV) standards beginning with the 2003 model year. GMT800 light-duty trucks include the Chevrolet Silverado, Tahoe and Suburban, the GMC Sierra and Yukon, and the Cadillac Escalade.
    "These awards not only represent new business for Engelhard but also continue the trend of using advanced catalyst technologies to aggressively reduce precious metals on current platforms," said Edmund A. Stanczak, vice president and general manager of Engelhard's Environmental Technologies Group.
    "Engelhard's catalyst systems for the heavy-duty trucks, for example, reduce precious metals to less than one third of the previous system's content, providing substantial savings for General Motors," Stanczak said, "and the NLEV systems significantly reduce precious metal content while simultaneously meeting much more stringent emissions standards."
    Engelhard Corporation is a surface and materials science company that develops technologies to improve customers' products and processes. A Fortune 500 company, Engelhard is a world-leading provider of technologies for environmental, process, appearance and performance applications.
    Engelhard pioneered auto-emission catalysis, commercializing the first automotive three-way catalyst to drastically reduce carbon monoxide, hydrocarbons and oxides of nitrogen emissions. The company remains the world's largest developer and manufacturer of automotive catalysts, supplying more than a third of the vehicles on the road.