Cummins expands Indian joint venture production

Cummins expands Indian joint venture production

Filtration Industry Analyst NEWS/EXCHANGE RATES US GRANT FOR ZERO AIR EMISSION POWER PLANT ThermoEnergy Corp, an integrated technologies company tha...

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Filtration Industry Analyst

NEWS/EXCHANGE RATES

US GRANT FOR ZERO AIR EMISSION POWER PLANT ThermoEnergy Corp, an integrated technologies company that develops and commercialises patented water treatment and clean energy technologies, has announced the start of a US$310,000 federally funded project to develop compact zero air emission power plants for medium to heavy industry. Commonly referred to as Combined Heat & Power (CHP) plants, these systems would allow mainstream industries to switch from natural gas to lower priced alternative fuels to supply their energy needs. This could allow many companies to save hundreds of millions of dollars in energy costs, reduce air pollution, keep their US based plants operating, and lessen dependence on imported energy resources, the company claims. The CHP plants would be based on ThermoEnergy’s advanced patented zero air emission power plant ThermoEnergy Integrated Power System (TIPS). TIPS eliminates the atmospheric emissions of NOx, SOx, mercury, and particulates from power plants that run on coal, oil, natural gas or biomass. It can also capture and recovers carbon dioxide in pressurized liquid form for sequestration or beneficial reuse.

PALL, BIOTRACE TO MARKET AIR MONITORING TECHNOLOGY Pall Corp has entered into an agreement with Biotrace International Plc giving Pall exclusive global marketing and distribution rights to Biotrace’s range of Ascotec environmental air monitoring products for the pharmaceutical industry.

16

February 2006

As part of the worldwide agreement, the two companies will work together on the development of additional innovative products for the rapid detection of contamination. The Ascotec products are used to monitor the quality of the air and compressed gases in the production environment, wherever clean rooms are required for manufacturing of pharmaceuticals, personal healthcare products and cosmetics and in other clinical environments such as hospitals to reliably capture bacteria in the environment for subsequent monitoring. The agreement will provide industry with the ability to access the Ascotec air monitoring technologies to better enable them to achieve the goals of the US FDA Process Analytical Technology (PAT) initiative, the companies report.

Euro 2, Euro 3 and Euro 4 Indian and European standards for diesel emissions. TCL, formed in 1992, has been a successful joint venture between the two companies and manufactures the Cummins B Series engines in India for use in trucks manufactured by Tata Motors (TML), as well as sales by Cummins in India to other applications and OEMs.

EXCHANGE RATES AGAINST THE US DOLLAR Date: 16 February 2005 COUNTRY Australia Austria

0.84

Belgium

0.84

Canada

C$1.16

China

CUMMINS EXPANDS INDIAN JOINT VENTURE PRODUCTION Cummins Inc and Tata Motors have signed an agreement that will allow their joint venture, Tata Cummins Ltd (TCL), to begin manufacturing the ISB engine in the near future. The expansion will significantly increase the number of engines produced by the joint venture and will help strengthen Cummins’ position as a leading producer of engines for the growing medium and heavy-duty commercial vehicle market in India, Cummins says. TCL currently produces approximately 69,000 Cummins B Series engines a year. Under the agreement, TCL will increase its total engine production to 100,000 units within two years and 120,000 units thereafter. The engines produced by TCL will meet

RATE A$1.36

Denmark

8.05CNY DKr6.29

Finland

0.84

France

0.84

Germany

0.84

India

Rs44.26

Italy

0.84

Japan

¥118.02

Malaysia

Rt3.72

Netherlands

0.84

Norway Philippines Singapore

NKr6.81 Peso51.30 S$1.64

South Africa

R6.05

South Korea

Won975.03

Spain

0.84

Sweden

SKr7.90

Switzerland

SFr1.31

Taiwan

T$32.40

Thailand

Bt39.35

UK USA

£0.58 US$1.00

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