Faurecia acquires Amminex to accelerate efficient nitrogen oxide reduction for passenger cars and commercial vehicles

15-12-2016

ASDS™ is a breakthrough technology for improving air quality validated in real-driving conditions over millions of kilometers. I am delighted with this increased participation in Amminex as it will enable us to accelerate the deployment of this clean mobility solution for all types of vehicles

On 13 December Faurecia announced that it has increased its participation in the Danish company Amminex to 91.5% through a share purchase. Amminex has developed an Ammonia Storage and Delivery System (ASDS™) which has demonstrated its efficiency to almost completely eliminate nitrogen oxide (NOx) pollutants from diesel engines.

Faurecia has worked closely with Amminex since mid-2009 and previously owned 42% of the shares in the company. At the recent Paris Motor Show, Faurecia showed the Amminex solution for commercial vehicles, as well as an ASDS™ system in a new format for cars.

In increasing its participation to 91.5%, Faurecia expects to intensify the development of this technology for both commercial vehicles and passenger cars. Faurecia is also investigating closely other applications of ASDS™, such as for off-road vehicles and high horsepower (HHP) engines used on ships and vessels. The remaining shares are held by the Danish Foundation Nordea-fonden.

Christophe Schmitt, EVP Faurecia Emissions Control Technologies said: “ASDS™ is a breakthrough technology for improving air quality validated in real-driving conditions over millions of kilometers. I am delighted with this increased participation in Amminex as it will enable us to accelerate the deployment of this clean mobility solution for all types of vehicles.”

Annika Isaksson, CEO of Amminex comments “Amminex is strengthened by the new ownership structure, and we will now speed up the market launch of our ASDS™ NOx reduction technology globally, together with Faurecia. This brings us closer to enable our vision - A clean world driven by clean engines. More than 20 million kilometers of customer operation confirms that diesel engines equipped with ASDS™ meet global emissions legislations in real world driving, also in slow city driving and in sub-zero temperatures. This is challenging with the conventional AdBlue® technology which we replace. We can make a real difference to improve public health already today, by implementing our technology on existing vehicle fleets in congested cities. For the price of one new electric bus we can retrofit 35 diesel busses with ASDS™ to remove up to 99% of NOx from the exhausts and make an instant impact on air quality, and the emissions are monitored online 24/7 for full transparency”

Amminex employs 50 people at its headquarters in Søborg, near Copenhagen, and its 6,500 m² state-of-the-art production facility in Nyborg. Both Annika Isaksson, Amminex CEO and Tue Johannessen, Chief Technology Officer, who invented the technology and founded Amminex, will remain in their positions to accompany the technology in this new stage of its development.