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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Robbins who wrote (907)3/20/2001 11:56:26 AM
From: Bruce Robbins  Read Replies (1) | Respond to of 976
 
Looks like a potentially big market...

from the JM site <http://www.jmcsd.com/html/crt.html>
note: PT means platinum technology (Pt, Pd, Rh)
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Over 13,000 CRT filters have been fitted on heavy duty diesel engines in Europe. Many of these engines are from Volvo, Scania and Daimler. It is the most widely used filter system for HDD engines and there are literally hundreds of millions of kilometers of service and durability on CRT filters.

We are now commercializing the CRT particulate filter in North America. We have a major demonstration program at New York City Transit, where by 2003 they will retrofit 3500 diesel buses with a CRT particulate filter or similar technology. In fact the first 500 buses will be fitted with JM's CRT filter. We are also involved with a demo program at ARCO (California refiner now merged with BP Amoco). That program involves transit buses, school buses, fuel delivery trucks, on-road HDD trucks, trams, garbage trucks, etc. We are also involved in more demo programs for older school buses and off-road construction equipment. In fact the California Air Resources Board just passed legislation that will require transits that want to keep their diesel buses to use filters like the CRT filter to reduce PM to very low levels (0.01gm/bhp-hr).

We are also seeing the same political pressure to switch from diesel to CNG or other alternative fuels. We are helping users to combat this pressure with information on the cleanliness, durability and cost benefits of clean diesel, in particular, diesel engines with a CRT particulate filter. We are having success because the users here don't really want CNG due to power loss, lower fuel economy, higher capital costs, higher operation and maintenance costs, and major infrastructure costs (CNG refueling stations). NYC Transit is a good example of a win against CNG.
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