Clean Diesel Wins Headway License
April 10, 2008
The Associated Press is reporting that Clean Diesel Technologies Inc. recently sold a license to the biggest commercial engine exhaust maker in China, enabling the manufacturer to use Clean Diesel''s filtration technology.
The companies did not disclose how much the license cost.
Headway Machinery Co., based in Zhucheng City, will use Clean Diesel''s wire mesh filter technology in the manufacturer''s commercial diesel engine exhausts.
The technology will be used to bring engines into compliance with Europe''s emissions standards, which China adopted at the beginning of the year.
Aside from the licensing fee, Clean Diesel also will collect royalties on the units Headway sells in China.