Clean Diesel Technologies' Platinum Plus Power Gen Formulation Made Available for Expanding Diesel-Fueled Electric Power Generator Market
STAMFORD, Conn.--May 15, 2001--Clean Diesel Technologies Inc. (EBB:CDTI) (CDT) announced today that its innovative diesel fuel additive created to reduce potentially harmful emissions has been made commercially available for the rapidly expanding stationary power generator market.
The fuel additive, called Platinum Plus(R), is specifically formulated for stationary diesel engines that generate electric power and can help reduce emissions of particulates (soot), hydrocarbons and carbon monoxide by 15-30 percent when used in current diesel fuels or ultra-low sulfur diesel required in states such as California.
Recent tests have also shown that the additive not only reduces these potentially harmful emissions but also improves fuel economy.
Industry sources estimate that there are about 150,000 of the stationary diesel-fueled electrical generators currently operating around the United States with approximately 9,000 additional generators sold each year. Many are used in such places as office towers, hospitals and apartment buildings, as well as by utilities and general industry.
"The energy problems that have hit California and the Northwest and that are now moving to other parts of the country such as New York, have exploded the demand for stationary electric power generators," said Jim Valentine, chief operating officer of Clean Diesel Technologies.
"The concern with these generators has always been that they emit particulate and NOx emissions. But Platinum Plus makes these generators burn significantly cleaner, which makes them a much more viable alternative especially during these times of crisis."
Platinum Plus has shown to be effective during testing conducted over the past 12-18 months in four large (1,500 horsepower) stationary generators supplying electric power in Maine, Valentine said, reducing particulate matter (PM) by 45 percent and NOx by 15 percent in combination with simple engine modifications.
Even higher levels of emission control can be obtained when fuel treated with Platinum Plus is used with engine modifications such as changing engine timing and using oxidation catalysts or particulate filters. Platinum Plus reduces soot oxidation temperatures by as much as 200(degrees)C thereby helping to keep filters and oxidizers from plugging.
According to Valentine, the combination of Platinum Plus treated fuel with a particulate filter and CDT's ARIS NOx reduction technology can reduce NOx and PM emissions from diesel gen sets by more than 90 percent even on current sulfur fuel.
Platinum Plus is available in pails, drums and totes from CDT for on-site addition to fuel tanks or it can be pre-blended into fuel by a network of licensed fuel distributors.
Results presented in the accompanying table compare the performance of several fuels with and without Platinum Plus. In all cases, lower emissions and better fuel economy are achieved through the use of fuel treated with Platinum Plus.
Comparison of Regulated Emissions for Different Fuels on
A 1998 DDC Series 60, 400hp Engine
(FTP Transient - Composite Results)
Emissions
(g/bhp-hr)
Fuel HC CO NOx PM Fuel
Consumption
(lbs/hp-hr)
Standard Diesel 0.15 1.13 4.05 0.075 0.398
Standard Diesel
With Platinum Plus 0.08 1.03 3.95 0.057 0.388
Ultra Low Sulfur Diesel 0.11 1.20 3.84 0.063 0.402
Ultra Low Sulfur Diesel
With Platinum Plus 0.10 0.85 3.78 0.053 0.391
Cleaner Burning Diesel
With Platinum Plus 0.13 0.84 3.66 0.050 0.397
(Jet/Kero + FBC)
For more information, contact CDT at platinumplus@cdti.com.
About Clean Diesel Technologies Inc.
Clean Diesel Technologies is a specialty chemical company with patented products that reduce emissions from diesel engines while simultaneously improving fuel economy and power. Products include Platinum Plus(R) fuel catalysts and the ARIS(TM) 2000 urea injection systems for selective catalytic reduction of NOx. Platinum Plus is a registered trademark of Clean Diesel Technologies Inc.
Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the company's filings with the Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof.