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DOE Selects Tenneco for Fifth ATVM Loan; $24M for Fuel Efficient Emission Control Components

The Department of Energy (DOE) has entered into a $24 million conditional loan commitment with Tenneco Inc. to develop fuel efficient emission control components for advanced technology vehicles. Tenneco, which is headquartered in Lake Forest, Illinois, is the first component manufacturer to receive a conditional loan commitment under the Department’s Advanced Technology Vehicle Manufacturing (ATVM) program.

Tenneco will use the proceeds of the loan to design, engineer and produce emission control components for gas, hybrid and diesel-powered vehicle engines. These advanced technology products will help car and light truck manufacturers meet increased CAFE standards, while also meeting new, more stringent standards for vehicle tailpipe emissions.

More than two million automobiles and light trucks built in model years 2010 to 2014 will be equipped with Tenneco’s emission control technology. The components include catalytic converters, diesel particulate filters, diesel oxidation catalysts and selective catalytic reduction units. Tenneco’s diesel oxidation catalysts can reduce up to 90% of hydrocarbon and carbon monoxide emissions and its diesel particulate filters can reduce particulate matter emissions by up to 95 percent.

Engineering for the DOE-funded products and systems will be performed at the company’s advanced engineering center in Michigan, which employs more than 300 scientists and other employees, and manufactured at Tenneco facilities in Michigan, Indiana and Nebraska, which employ more than 1,500 workers.

The Advanced Technology Vehicles Manufacturing Loan Program is an open process designed to promote the development of fuel efficient advanced technology vehicles. First appropriated in the fall of 2008, the program provides loans to companies making cars and components in US factories that increase fuel economy at least 25% above 2005 fuel economy levels.

The preceding four conditional loan commitments are:

  • $5.9 billion for Ford Motor Company;
  • $1.6 billion to Nissan North America;
  • $465 million to Tesla Motors; and
  • $528.7 million to Fisker Automotive.

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