Pirelli and CDTi Form Joint Venture to Operate Emission Control Products

In February 2013, Italian tire manufacturer Pirelli signed an agreement with Clean Diesel Technologies (Inc.) to form a joint venture to sell emission control products for gasoline and diesel equipment in Europe and the Commonwealth of Independent States. .

The new company is named EcoEmissionEnterpriseSrl and its headquarters will be located in Milan, Italy. It is expected to be operational in March of this year. Pirelli and CDTi hope to consolidate their leading position in emissions control in the road and off-highway market through the new company.

Pirelli Eco-Science Romania and CDTi will supply the silicon carbide substrate materials and emission control solutions to EcoEmissionEnterpriseSrl, respectively. The new company will have a nationalized management team and become a commercial branch structure of the partners in the European market.

Clean Diesel Technologies is headquartered in Ventura, California, and its business currently covers the United States, Canada, the United Kingdom, France, Japan and Sweden. It focuses on the production and sales of emission control systems and products for the automotive market.

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