Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
January 10, 2017
TENNECO SUPPLYING CLEAN AIR TECHNOLOGIES ON ALL-NEW DAIMLER NRM ENGINE FAMILY
Lake Forest, Illinois, January 10, 2017 - Tenneco (NYSE: TEN), a global supplier of clean air and ride performance products and systems, announced today that it is supplying clean air technologies on the all-new Daimler NRM engine family, which is featured on the 2016 E-Class, C-Class and 2017 S-Class global platforms. According to Daimler, the four-cylinder diesel engine delivers around 13 percent lower fuel consumption and CO2 emissions, with all aftertreatment technologies configured directly onto the engine in a close-coupled position to enable greater fuel economy.
Tenneco is supplying the complete hot-end aftertreatment system for diesel applications, which includes the Diesel Oxidation Catalyst (DOC), the mixer and the SCR-Coated Diesel Particulate Filter (SDPF) with an SCR substrate in a fully-assembled module with sensors.
The system’s fully insulated, ultra-compact assembly enables more efficient thermal management for both the aftertreatment components and overall engine environment. The modular assembly also provides greater packaging flexibility, and incorporates construction and functionality designed to fulfill future emissions requirements such as WLTP and RDE, which will apply to all 2017 model-year vehicles in Europe.
“We’re pleased to partner with Daimler on this important new family of engines,” said Henry Hummel, Tenneco executive vice president and general manager, Clean Air. “We’re committed to working with customers like Daimler to ensure that we can provide clean air solutions today that meet emissions requirements today and tomorrow.”
Product engineering and development was conducted at Tenneco’s global clean air engineering center in Edenkoben, Germany. Tenneco produces the aftertreatment system at its manufacturing facility in Stanowice, Poland.
Tenneco is an $8.2 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 30,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx® and Clevite®Elastomer.
This press release contains forward-looking statements. Words such as “anticipate,” “expects,” "will", "continue" and similar expressions identify forward-looking statements. These forward-looking statements are based on the current expectations of the company (including its subsidiaries). Because these forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause these plans, actions and results to differ materially from current expectations are: (i) changes in automotive or commercial vehicle manufacturers' production rates and their actual and forecasted requirements for the company's products, including the company's resultant inability to realize the sales represented by its awarded book of business; (ii) any change in customer demand due to delays in the adoption or enforcement of worldwide emissions regulations or any other changes in consumer demand and prices, including decreases in demand for automobiles or commercial vehicles which include the company's products, and the potential negative impact on the company's revenues and margins from such products; (iii) the general political, economic and competitive conditions in markets where the company and its subsidiaries operate; (iv) workforce factors such as strikes or labor interruptions; (v) material substitutions and increases in the costs of raw materials; and (vi) the company's ability to develop and profitably commercialize new products and technologies, and the acceptance of such new products and technologies by the company's customers. The company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Additional information regarding risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2015.
32 2 706 -9232