Corning to Lead Executive Session at 36th Annual FISITA World Automotive Congress

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Corning to Lead Executive Session at 36th Annual FISITA World Automotive Congress

Corning to Lead Executive Session at 36th Annual FISITA World Automotive Congress

Corning to Lead Session at FISITA

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Corning to Lead Executive Session at 36th Annual FISITA World Automotive Congress
Corning to Lead Executive Session at 36th Annual FISITA World Automotive Congress
CORNING, N.Y. | Corning Incorporated | 2016年9月23日
Emissions regulation experts explore regulatory changes requiring advanced gasoline technologies, including ceramic substrates and filters

Corning Incorporated (NYSE: GLW) will lead an executive track session addressing emissions regulations at the 36th FISITA World Automotive Congress in Busan, South Korea, on Sept. 28.

Dr. Timothy Johnson, director of Emerging Technologies and Regulations at Corning, will discuss current and future directions in vehicular emissions. Johnson and Ameya Joshi, manager of Emerging Technologies and Regulations at Corning, monitor the evolution of emissions regulations and technology globally and work with the company’s researchers and engineers to develop next-generation solutions that help automakers prepare for and meet changes in emissions regulation.

Joshi gave a similar talk at IQPC’s first U.S.-based Advanced Emission Control Concepts conference this summer in Ann Arbor, Michigan. He summarized innovations for key engine and emissions-control technologies to meet tighter fuel efficiency and criteria pollutant standards.

“Significant technical advances have been made in the past decade allowing automakers to reduce greenhouse gas emissions and increase fuel economy standards for light-duty cars and trucks,” Joshi said. “Technologies such as gasoline direct-injection engines, turbo-charging, vehicle weight reduction, aerodynamic design and idle stop-start are becoming mainstream and are just a few of the ways automakers have been improving fuel efficiency in advanced gasoline engines.”

An overview of greenhouse gas and pollutant regulations was also given, including the recent mid-term evaluation of the national program for greenhouse gas emissions and fuel economy standards for light-duty cars and trucks, released by the U.S. Department of Transportation (USDOT), the U.S. Environmental Protection Agency (USEPA), and the California Air Resource Board on July 18. The draft technical assessment report asserts that automotive manufacturers are introducing new technology to market at a rapid pace, and predicts greenhouse gas standards for model years 2022-25 are achievable at a similar or lower cost than anticipated in the 2012 ruling.

“Advanced gasoline technologies are the predominant choice to meet the 2025 standards, and will be combined with some level of strong hybridization,” Joshi said.

The USEPA and USDOT also recently completed a review for medium- and heavy-duty trucks and vehicles, finalizing new greenhouse gas emissions and fuel efficiency standards for model years 2022-27.

Corning’s ceramic substrate and filter technologies have improved after-treatment system design in recent years, helping auto and truck makers to meet increasingly stringent greenhouse gas emissions and fuel efficiency standards. Examples include Celcor® substrates,  high porosity (DuraTrap® AT HP) and thin-wall filters (DuraTrap® TW filters), which capture particulates and convert NOx at high efficiency without sacrificing engine performance. New ultra-light Corning® FLORA™ substrates for gasoline vehicles reach operating temperature more quickly than standard substrates, so catalytic converters can clean exhaust emissions earlier without increased fuel or additional precious metals. Corning’s light-duty gasoline particulate filters (DuraTrap® GC HP Filters) help lower the number of particulates from modern gasoline engines and are also effective in capturing black carbon, known to have climate-warming effects, but not currently regulated in the U.S.

Corning is a leading supplier of advanced cellular ceramic substrates and particulate filters for the world's major manufacturers of gasoline and diesel engines. In the early 1970s, the company invented the economical, high-performance, cellular ceramic substrate that became the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. Today, Corning continues to build on its 42-year legacy of advancing mobile emissions solutions to help meet demanding emissions requirements and enable cleaner, healthier air worldwide. 

Forward-Looking and Cautionary Statements

This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Digital Media Disclosure

In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it intends to use its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated

Corning (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.