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Clean Diesel Technologies Inc. Message Board

  • hedgefunddude08 hedgefunddude08 Jan 28, 2013 4:27 PM Flag

    News from the California Air Resources Board

    I just found this on CARB's site, are they one of CDTI's larger competitors? If so, could be a positive for CDTI.

    California Air Resources Board responds to Cleaire ceasing operations

    The California Air Resources Board has learned that Cleaire Advanced Emission Controls, a
    manufacturer of diesel particulate filters, ceased operations on Friday, January 18, 2013. This in
    turn will likely have an effect on the warranties and parts availability of Cleaire filters until Cleaire’s
    financial situation is resolved. ARB is committed to ensuring that these impacts are minimized and
    wishes to make it clear that affected owners and fleets with Cleaire filters, as noted in ARB records,
    will not be penalized for missing deadlines with applicable ARB regulations until this situation is
    resolved. Fleet owners who have devices from other manufacturers will not be affected by Cleaire’s
    closure, and will continue to be subject to applicable regulations.
    ARB is working closely with Cleaire distributors, installers, and other authorized representatives to
    meet the current challenge, and to make sure that affected fleets have alternative compliance options
    if replacement parts are unavailable.
    To assist fleets affected by the company’s dissolution, ARB has posted a letter to Cleaire customers
    with helpful information:
    The letter contains guidance for affected fleets regarding Cleaire retrofit devices that have been
    installed on vehicles and equipment operating in California.

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    • Yeah, sure they are going out of business. The fricking CARB is incapable of enacting legislation that has been passed. Typical government cluster fock. It all sounded good, but the legislators never bothered to understand that they have no way to enforce the regulations.

      Sentiment: Strong Buy

 
CDTI
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