Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
September 21, 2016
TENNECO SUPPLYING MODULAR EXHAUST GAS AFTERTREATMENT SYSTEM FOR MAN ENGINES
Supplying key emissions technologies that meet Stage IV/Tier 4 Final emissions regulations
for off-road applications
Hannover, Germany, September 21, 2016 - Tenneco (NYSE: TEN) today announced that it is supplying aftertreatment technologies to MAN Truck & Bus for its compact 12.4L, six-cylinder diesel engines. The MAN engines are installed on the high-horsepower Fendt 1000 Vario tractor and the CLAAS JAGUAR 980-930 forage harvester, both of which are destined for the global market.
Tenneco has developed a compact and modular solution including the SCR converter, muffler and pipes, as well as the company's proprietary advanced mixing technology. This provides MAN’s customers with greater flexibility in complex assembly situations where space is limited. An innovative mixer layout, optimized for space saving while capable of accommodating the urea dosing quantities required for high-horsepower engines, completes the modular system.
“We are delighted to supply MAN with aftertreatment systems for engines that meet the demanding needs of these robust, high-performance global vehicles,” said Alejandro Quiroz, vice president and general manager, Europe Clean Air, Tenneco. “We welcome the challenge of solving customer problems with innovative and flexible solutions that not only help reduce emissions, but also contribute to engine performance while solving the most demanding packaging requirements.”
The modular system was designed and developed at Tenneco’s research and development and advanced engineering center in Edenkoben, Germany where the units are manufactured with state-of-the-art commercial vehicle component production capabilities.
Tenneco is exhibiting at Hall 16, Stand C10 at the 2016 IAA Commercial Vehicles Show, September 22-29 in Hannover, Germany.
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®Elastomers.
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.
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