Corning® DuraTrap® GC Filters Selected by Groupe PSA for Exclusive Supply to Award-Winning PureTech Engine Platform

Corning® DuraTrap® GC Filters Selected by Groupe PSA for Exclusive Supply to PureTech Engines

Groupe PSA Selects Corning Gas Particulate Filters

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Environmental Technologies
Corning® DuraTrap® GC Filters Selected by Groupe PSA for Exclusive Supply to Award-Winning PureTech Engine Platform
Corning® DuraTrap® GC Filters Selected by Groupe PSA for Exclusive Supply to Award-Winning PureTech Engine Platform
CORNING, N.Y. | Corning Incorporated | August 31, 2017
Corning’s gasoline particulate filters enable the next generation of clean-gasoline engines

Corning Incorporated (NYSE: GLW) announced today that Groupe PSA is equipping all PureTech gasoline-direct-injection engine models with gasoline particulate filters (GPF) from Corning, beginning in October 2017. DuraTrap® GC filters enable a significant reduction in particulate emissions for the most efficient generation of PureTech engines.

Evolving the PureTech powertrain to include DuraTrap® GC filters is a continuation of Groupe PSA’s commitment to innovation and global emissions reduction. Groupe PSA was the first major automaker to introduce particulate filters on its diesel engines in 2000. In May of this year, Groupe PSA announced plans to leverage GPFs as a new strategic step in reducing emissions across its fleet as it addresses the challenges of energy transition.

The launch of this new emissions control technology is the result of a close collaboration between Groupe PSA and Corning. Corning’s expertise in ceramic science and systems integration helped Groupe PSA design in these new particulate filters, resulting in a robust solution to help reduce emissions and reach new levels of engine efficiency.

“We are pleased to supply Groupe PSA with next-generation emissions control solutions as they advance automotive design,” said Klaus Wellstein, general manager, Germany and South Africa, Corning Environmental Technologies. “We are well-equipped to provide a range of proven emissions solutions to our customers that advance clean-gasoline design for the next round of emissions regulations.”

The Groupe PSA’s 1.2-liter, 3-cylinder Turbo PureTech gasoline engine was awarded the 2017 “Engine of the Year” in its category for the third year in a row at the 19th International Engine of the Year Awards in Stuttgart, Germany. Over 850,000 units have been produced in France and China since PureTech’s launch in 2014 and deployed on more than 90 vehicle applications in 70 countries, confirming the industrial and commercial success of this engine. PureTech engines are powering Groupe PSA’s latest models, such as the new Peugeot 3008 SUV, selected as the 2017 "European Car of the Year," and the new Citroën C3. This latest generation of PureTech powertrains is compliant with Euro 6d and China 6b regulations, which require real-driving emissions (RDE) compliance.

All high-performance PureTech engines for the EU and Chinese markets will be equipped with Corning DuraTrap® GC filters. Corning’s Kaiserslautern, Germany, facility will supply the European market and its new Hefei, China, facility will supply the Chinese market.

DuraTrap® GC filters feature a cordierite-based material composition with an innovative engineered ceramic microstructure designed to efficiently trap fine particulates from gasoline engine exhaust while maintaining vehicle performance with low engine back pressure.

Corning is a leading supplier of advanced cellular ceramic substrates and ceramic particulate filters for the world's major manufacturers of gasoline and diesel vehicles. The company invented an economical, high-performance, cellular ceramic substrate in the early 1970s that is now the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions. Corning continues to leverage its expertise in ceramic science and extrusion manufacturing technology to develop market-leading emissions control solutions that help our customers meet new emission standards and enable cleaner 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.

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About Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in materials science, with a 166-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.

Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.