Cormetech Revenue and Competitors

Cormetech was formed in 1989 as a joint equity company of proven industrial leaders: Mitsubishi Heavy Industries (MHI), Corning Incorporated, and Mitsubishi Petrochemical (MPC). Corning Incorporated is acknowledged worldwide as a leader in glass and ceramic processing technologies and in the automotive emission control field. Corning Incorporated's ceramic honeycomb substrates are used in more than 50% of automotive catalytic converters worldwide. Mitsubishi Heavy Industries, Ltd. (MHI) is one of the world's leading heavy machinery manufacturers. Mitsubishi and its licensees have supplied over half the SCR systems used on utility and industrial boilers and combustion turbines worldwide. Cormetech's catalyst technologies uniquely benefit from the ceramic extrusion technology of Corning Incorporated and SCR system design, engineering, and experience of MHI. We leverage our parent companies' solid base of more than 30 years of SCR experience and ceramic extrusion technology, to create innovative catalyst products and services that meet our customer's needs. Our own experience approaches 14 years of providing our services to the industry. To date in 2006, we have supplied services and delivered operating catalysts worldwide for over 800 SCR systems totaling over 100,000 MW. Headquartered in Durham, North Carolina, USA, with sales offices in Europe and China, Cormetech has fully dedicated, state-of-the art manufacturing facilities, R&D centers and testing laboratories in Durham, North Carolina and Cleveland, Tennessee.