Corning recently announced that its board of directors has approved a capital expenditure plan of approximately US$250 million to increase the company's diesel emission control product capacity. Most of the investment will be used to increase the production capacity of diesel engine plants located in Irving, USA. This factory mainly produces large ceramic carriers and particle traps for manufacturers of heavy-duty diesel engines , trucks, construction and agricultural equipment.
Corning's Irvine factory has been producing large carriers since 2004 and currently produces particle traps for heavy duty applications.
Corning's expansion plan also includes the enhancement of the back-end capacity of Corning (Shanghai) Co., Ltd.'s heavy-duty products. This marks the first step for Corning to invest in the production of heavy-duty diesel products in Asia.
With the development of the heavy-duty diesel engine market and the company's growing demand in other areas, Corning has completed its site selection in Shanghai to meet future developments in China. Environmental regulations in emerging markets such as India and China will drive more capacity requirements, so it may be necessary to build a new plant in Shanghai to meet future demand.
"Corning is China's first carrier manufacturer." Li Fang, president and general manager of Corning Greater China, said: "With China implementing more stringent emission standards, China will become the major market and production of heavy-duty diesel emission control products in the future." country."
Corning is a leading provider of advanced cellular ceramic carriers and diesel particulate traps. The company invented the first high-performance honeycomb ceramic carrier as early as the 1970s, setting the standard for the global catalytic converter industry.
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