Clean Diesel Technologies, Inc. Provides Earnings Guidance for the Year 2017
September 15, 2017 at 02:30 am IST
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Clean Diesel Technologies, Inc. provided earnings guidance for the year 2017. For the year 2017, the company expects approximately $28 million in revenue, which reflects the sale of the DuraFit and private label business earlier this month. The company expects gross profit margins of 40%.
CDTi Advanced Materials, Inc. develops technology and materials for catalyst markets, including emissions, industrial and electrocatalyst applications. The Company is engaged in the catalyst design, engineering, and coating for on and off-road as well as energy storage applications. It develops technology and materials incorporating various base metals that can enhance catalytic performance and reduce the use of platinum group metals (PGMs) in catalyst coatings. It offers complete solutions for heavy and light duty engines, fuel treatment and materials technologies. Its products include exhaust control systems, fuel borne catalyst and catalyst products. Exhaust control systems includes Purifilter, Purifilter Plus M, AZ DOC, DZ DOC, and others. Its fuel borne catalyst include PatFluid, Platinum Plus, and others. The Company delivers its technology to customers through catalyst coatings as well as catalytic material supply and licensing arrangements.