Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
March 24, 2015
TENNECO SUPPLYING SELECTIVE CATALYTIC REDUCTION SYSTEM FOR KUBOTA
Company supplying key emissions technologies that meet
Tier 4 Final, Stage IV emissions regulations
Lake Forest, Illinois, March 23, 2015 - Tenneco (NYSE: TEN) today announced that it is supplying key aftertreatment technologies to Kubota, a leading global manufacturer of engines and equipment for agricultural and industrial applications. The company is in serial production with a complete selective catalytic reduction (SCR) system that meets both Tier 4 Final and Stage IV emissions regulations for Kubota’s 3.8L diesel engine and all-new 6.1L engine for new agricultural equipment, slated for production later this year. This is the first SCR system to be produced at Tenneco’s manufacturing facility in Osaka, Japan.
Tenneco’s SCR system includes a high-performance dosing technology that features a compact airless injector, a pump that enables unique return flow cooling, technology for rapid thawing, and complete control and diagnostics that seamlessly integrate with the engine management. Additionally, the company is providing full system integration capabilities to Kubota, supporting enhanced fuel economy and aftertreatment performance through weight reduction, optimized thermal management and efficient system design.
“We’re proud to support Kubota by providing aftertreatment solutions that deliver improved engine performance,” said Jeff Jarrell, vice president and managing director, Tenneco Japan and Korea. “Tenneco’s SCR technology and systems integration expertise are helping Kubota successfully meet stringent emissions targets for its current and future agricultural tractor as well as construction equipment platforms.”
Tenneco is a leading emission control supplier to the global commercial truck and off-highway market with a full suite of aftertreatment solutions tailored to any engine size or powertrain strategy. The company currently supports customers in North America, Europe, Brazil, China, India, South Korea and Japan in meeting increasingly stringent emissions standards taking effect worldwide.
Tenneco is an $8.4 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 29,000 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, commercial truck and off-highway 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, 2014.
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