 |
|
 |
| |
Tough New Rules Foster Changes in Global Attitudes - The Role of the Environmental Protection Agency and California Air Resources Board in influencing the commercialization and adoption of TechroBond. |
|
|
| The Environmental Protection Agency |
|
|
| In recent years, the regulatory environment has moved in favor of the Company. Over the last two decades the EPA has steadily increased the amount of time that automobile manufacturers are required to warranty the catalytic converter, from the original 50,000 miles to 120,000 miles or 10 years starting in 2004. Replacing a converter under warranty can cost hundreds of dollars, further shaving already thin profit margins. |
|
| To help meet these needs, the automotive industry, through its ILSAC Engine Oil Performance Standards,
is gradually decreasing the amounts of phosphorous and sulfur, which are found in ZDDP, to help meet the EPA's more stringent CO, HC and NOx emission requirements. Reducing the amount of ZDDP in engine oil reduces the amount of phosphorous and sulfur at the business end of a car's tailpipe. |
|
| California Air Resources Board |
|
|
| California State lawmakers have long been at the forefront of emissions and anti-pollution legislation. Environmental protection models developed in California are generally regarded as the "Gold Standard", and are routinely adopted by other jurisdictions, both in the US and internationally subsequent to their release and implementation in California. Governor Schwarzenegger signed Executive Order # S-3-05 on June 1, 2005. The Executive Order established greenhouse gas targets: |
|
* By 2010, Reduce to 2000 Emission Levels
* By 2020, Reduce to 1990 Emission Levels
* By 2050, Reduce to 80 percent Below 1990 Levels |
|
| It is the job of the Climate Action Team and Climate Action Initiative to coordinate with other legislative bodies in California to develop measurable strategies and initiatives to implement the Executive Order in a timely manner. Two simple directives are aimed at automakers - reduce tailpipe emissions, and improve fuel efficiency. The use of TechroBond enhanced motor oils is expected to contribute significantly to meeting these objectives. TechroBond, because of its much lower P and S levels in motor oils than ZDDP, will likely
reduce the amount of detrimental materials deposited on catalytic converters, allowing the catalyst to perform to its optimum capability. In addition, only 12% of the useful energy is used in current engines to drive the vehicle, with about 10% of the energy lost to friction.
Even though ZDDP performs as an excellent anti-wear additive that protects the engines, ZDDP contributes to the frictional losses in engines. In contrast, TechroBond in motor oil can yield superior anti wear protection coupled with lower friction yielding fuel economy benefits. With the current price of gasoline, PRO has estimated
these improvements in fuel economy could result in annual savings of over $10 billion annually. |
|
| With TechroBond emerging as possibly the only realistic potential replacement for ZDDP, potential competitors and reluctant end-users are abandoning their adversarial tactics in exchange for more meaningful, collaborative investigations focused on how TechroBond can possibly be the solution that the market seeks. |
|
|
|
|
|
|
Our Company
