New Engelhard catalyst technology cuts platinum use

NEW YORK, April 27 (Reuters) - Specialty chemicals company Engelhard Corp. said Wednesday it will begin production next month of its new diesel automobile catalyst technology, which meets stringent Euro IV emissions standards and also cuts automakers' precious metals costs.

The new platinum/palladium diesel oxidation catalyst technology allows palladium to be substituted for one-third of the more expensive platinum used in light-vehicle catalytic converters, which are used to cut ...