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    EO   FR0000121147


FAURECIA SE

(EO)
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 Real-time Euronext Paris - 09/01 11:35:09 am 39.93 EUR   -2.23%

09/01FAURECIA : Guide du développement durable 2021
PU
09/01FAURECIA : invests in uMist Technologies Ltd. to reinforce its leadership
for commercial vehicles
PU
08/27EUROPE : European shares end higher on dovish Fed, Entra leads gains
RE

SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 

SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial
PublicationsSector newsMarketScreener Strategies


FAURECIA : INVESTS IN UMIST TECHNOLOGIES LTD. TO REINFORCE ITS LEADERSHIP FOR
COMMERCIAL VEHICLES

09/01/2021 | 05:32am EDT



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09.01.2021
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Catégorie
Sustainable Mobility
Faurecia invests in uMist Technologies Ltd. to reinforce its leadership for
commercial vehicles
Choix du type de champs
Corps
Texte

Faurecia, one of the world's leading automotive technology companies, announced
today that it has acquired the intellectual property assets of uMist Ltd., a
Swedish startup specialized in biomimetic spray technology, to accelerate its
technology leadership for commercial vehicles ultra-low emissions.

Faurecia has developed an aftertreatment solution called the 'Heated Doser'
which reduces NOx emissions and enables reduced fuel consumption for commercial
vehicles using diesel Internal Combustion Engines. Through its ability to
operate effectively at low temperatures, this technology enables compliance with
the next wave of regulations (EPA2027, EuroVII) cutting NOx emissions by 90% in
the most CO2 efficient way. The uMist technology will enable Faurecia to
maximize the performance of the Heated Doser, by generating a high-pressure and
high-temperature mist composed of extremely small droplets which optimizes NOx
reduction for diesel Internal Combustion Engines.

Citation

The entire commercial vehicle and industrial exhaust aftertreatment markets are
set to represent 2.4 billion euros by 2030 and Faurecia intends to lead these.
The acquisition of this patents portfolio from uMist Ltd. enable us to
accelerate our willingness to accompany OEMs in meeting stringent future
emissions regulations for Internal Combustion Engines (ICE). As our hydrogen
technology develops and matures for zero-emission commercial vehicles, these
solutions will coexist with diesel ICEs.

Auteur
Benjamin Thibout
Fonction de l'auteur
Vice President, Commercial Vehicles and Industrial Division of Faurecia Clean
Mobility
Citation

Our latest deal with Faurecia is both a testament to the progress we are making
with this amazing technology, as well as confirmation of Faurecia's commitment
to being at the forefront of the industry through innovation and engineering
excellence. We look forward to seeing the technology within the marketplace over
the coming years and having the impact both environmentally, and commercially,
we believe it capable of.

Auteur
Thomas Podkolinski
Fonction de l'auteur
Chief Executive Officer of uMist Technologies
Texte

uMist Technologies Ltd., is part of the Swedish Biomimetics 3000 company group,
which was formed in 2004 by Lars-Uno Larson. uMist Technologies is focused on
the development and commercialization of a revolutionary new spray technology
which optimizes AdBlue dosing and ammonia generation at low exhaust
temperatures.

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Date
09.01.2021
Fichier
Faurecia invests in uMist Technologies Ltd. to reinforce its leadership for
commercial vehicles111.69 KB
Catégorie
Press release
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Faurecia SA published this content on 01 September 2021 and is solely
responsible for the information contained therein. Distributed by Public,
unedited and unaltered, on 01 September 2021 09:31:01 UTC.


© Publicnow 2021






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EURUSD

Sales 2021 16 595 M 19 644 M 19 644 M Net income 2021 502 M 594 M 594 M Net Debt
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0,41x Nbr of Employees 104 739 Free-Float 90,8%

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Created with Highstock 6.2.0Million EURSalesNet incomeNet
income/Sales2018201920202021 (e)2022 (e)2023
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Buy
Mean consensus BUY Number of Analysts 18 Last Close Price 39,93 € Average target
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Managers and Directors

Patrick Koller Chief Executive Officer & Director Michel Favre Group Chief
Financial Officer & Executive VP Michel de Rosen Chairman Christophe Schmitt
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