Upstart Catalytic Solutions shakes auto Catalyst oligarchy. (Markets: Life Sciences/Specialties).(Catalytic Solutions)(Brief Article)

Chemical Market Reporter, July, 2002 by Lerner, Ivan

THE AUTO CATALYST market is seeing some unexpected competition from a privately held start-up company, Catalytic Solutions Inc.'s (CSI), Oxnard, Calif, which is offering catalyst technology that uses reduces precious metals loading and therefore provides a more cost-effective solution.

CSI's "new-generation (ceramic oxide)" catalytic converter technology that uses 50 to 80 percent less precious metals or platinum group metals (PGMs) has rekindled investor interest. If CSI comes through with this promise, it "could represent significant cost savings for auto producers," says Lehman Brothers analyst Timothy Gerdeman. "While we previously deemed CSI to be a 'peripheral noise,' one can no longer discount [this company] as a credible threat to the heretofore...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.