UPDATE 1-New Engelhard catalyst technology cuts platinum use


(Adds details, paragraphs 2-4) 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 company's platinum/palladium diesel oxidation catalyst technology, in which vehicles will be fitted with a three-catalyst system, enables palladium to be substituted for one-third of ...

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