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

ID: 1519384
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(Thomson Reuters ONE) -



Corning''s gasoline particulate filters enable the next generation of clean-
gasoline engines

CORNING, N.Y., AUGUST 31, 2017 - 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.

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, 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.

Media Relations Contacts:
United States:
M. Elizabeth Dann                              Agatha Lutoborski

(607) 974-4989                                   (607)
248-4320
dannme(at)corning.com                        lutoborsak(at)corning.com

Europe (Germany):
Andrea Bienko-Osann
49-611-7366-142
bienkoa(at)corning.com

China:
Cara (Zhiling) Xie
86-21-2215-2888
XieZ3(at)corning.com

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas(at)corning.com

View Image: Corning® DuraTrap® GC Filters


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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Corning Incorporated via GlobeNewswire






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Date: 08/31/2017 - 14:30
Language: English
News-ID 1519384
Character count: 2232
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