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Wabtec’s Green Friction Technology Begins Commercial Operations in Paris, Improving Air Quality in Rail Tunnels

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Wabtec 's (NYSE: WAB) Green Friction braking technology is now set to begin commercial operations on the RER A rail line in Paris. This initiative, in collaboration with Île-de-France Mobilités (IDFM) and RATP, aims to improve air quality in rail tunnels by reducing braking particle emissions by up to 90%. The Green Friction brake linings will be installed on all MI09 trains servicing over one million daily passengers. Extensive testing over a year and one million kilometers has shown significant emission reductions without affecting safety or performance. Philippe Nogues-Cubelles, Wabtec's VP of Friction, highlighted the global challenge of particulate emissions and emphasized Wabtec's unique, cost-effective solution. Developed in 2019, Green Friction is designed to meet stringent air pollution standards, garnering interest from metro networks across France, Europe, and Asia.

Positive
  • Green Friction technology reduces braking particle emissions by 70-90%, improving air quality.
  • Wabtec has completed extensive testing over a year and one million kilometers, proving the efficacy of the solution.
  • Deployment on MI09 trains benefits over one million daily passengers on the RER A line.
  • The technology does not compromise safety or performance, maintaining operational efficiency.
  • Green Friction is designed to meet both current and future regulatory standards for air pollution.
  • International interest in Wabtec's Green Friction technology from metro networks in Europe and Asia.
Negative
  • No concrete financial data or projected revenue from the implementation of Green Friction technology.
  • Potential high initial deployment costs associated with retrofitting entire train fleets.

Insights

Wabtec’s Green Friction technology marks a significant step in the sustainable transportation sector by addressing the longstanding issue of particulate matter emissions from train braking. Reducing these emissions by an average of 70% and up to 90% without compromising safety is impressive. Particulate matter (PM) includes tiny particles or droplets in the air that can be harmful when inhaled. Lowering PM levels in enclosed areas like rail tunnels can vastly improve the health outcomes for daily commuters and rail workers.

It's worth noting that improving air quality aligns with stringent regulatory standards aimed at reducing urban air pollution. This innovation could set a new industry standard. The scalability of this solution to other metro networks in Europe and Asia shows its potential to make a substantial global impact.

From an environmental engineering perspective, Wabtec’s solution not only addresses regulatory compliance but also makes strides in corporate social responsibility, enhancing the company’s reputation as a leader in sustainable practices.

Wabtec’s introduction of Green Friction technology into commercial operations is a strategic move that could solidify its position in the global rail industry. The potential market for this technology is vast, given the interest from other metro systems globally. This could translate into significant revenue streams in the future, provided the company successfully executes its deployment strategy.

Moreover, the innovation is well-timed with growing public and governmental focus on environmental sustainability. This positions Wabtec favorably in terms of market demand and regulatory compliance, which could lead to competitive advantages over firms without similar technologies. Investors should monitor how quickly these technologies are adopted beyond Paris, as that would be a key indicator of market acceptance and revenue growth potential.

From a financial perspective, deploying Green Friction technology can have several positive implications. Firstly, improved air quality and compliance with environmental regulations can reduce potential fines and operational disruptions for Wabtec and its clients, translating to more stable financial performance. Secondly, the commercial success in Paris could open doors to contracts with other cities, adding to the company’s revenue streams.

Additionally, the ability to reduce operating costs without compromising performance or safety is a strong value proposition. It’s essential to keep an eye on the financial performance metrics in the upcoming quarters to gauge the economic impact of this technology. Key indicators would include contract wins, revenue growth from new markets and cost savings from operational efficiencies.

PARIS--(BUSINESS WIRE)-- Wabtec Corporation’s (NYSE: WAB) Green Friction braking solution is ready to begin commercial fleet operations on the RER A rail line in the greater Paris metropolitan area, in association with Île-de-France Mobilités (IDFM) and RATP. The innovative brake friction material will improve air quality in the transit authority’s tunnels and underground network by reducing particle emissions from braking.

Green Friction brake linings will be deployed on all MI09 trains operating on the RER A line starting this year, benefiting more than one million daily passengers. This commercial launch follows extensive testing in association with RATP and IDFM. Wabtec tested its Green Friction materials on ten RER A trains for over a year to confirm its effectiveness. The solution covered over a million kilometers of testing and demonstrated the capability to reduce emissions from the train braking by an average of 70 percent, up to 90 percent. The reductions are achieved without compromising safety or performance, while also minimizing the impact on operating costs.

"Particulate matter emissions from train braking are a worldwide challenge,” said Philippe Nogues-Cubelles, Vice President Friction at Wabtec. “Green Friction tackles the source of the fine particle problem. Today, Wabtec is the only company in the rail industry offering operational, rapidly deployable and cost-effective equipment to reduce pollution levels linked to braking."

Green Friction is a unique range of materials designed to eliminate fine particles emitted during braking. It is the result of both Wabtec’s expertise in friction materials and the company’s significant investment in accurately measuring braking-particle emissions. The Green Friction product portfolio was developed in 2019 to meet current and future regulatory standards regarding air pollution and friction performance.

Several metro networks in other cities in France, as well as in Europe and Asia have expressed interest in the Green Friction innovative technology for their fleets.

About Wabtec

Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. Visit Wabtec’s website at www.wabteccorp.com.

Wabtec Media contact:

Kadia Niang (Europe)

+33 (0) 7 88 67 18 78

kadia.niang@wabtec.com

Tim Bader (United States)

+1 682-319-7925

tim.bader@wabtec.com

Wabtec Investor Contact

Kyra Yates

+1 817-349-2735

kyra.yates@wabtec.com

Source: Wabtec Corporation

FAQ

What is Wabtec's Green Friction technology?

Green Friction is a braking solution designed to reduce particle emissions from train braking, improving air quality in rail tunnels.

When will Wabtec's Green Friction technology start operation in Paris?

The Green Friction technology will begin commercial operations on the RER A rail line starting this year.

Which trains will use Wabtec's Green Friction technology in Paris?

All MI09 trains operating on the RER A line will be equipped with Green Friction brake linings.

How effective is Wabtec's Green Friction technology in reducing emissions?

Green Friction technology can reduce particle emissions from braking by an average of 70%, and up to 90%, without compromising safety or performance.

What is the stock symbol for Wabtec ?

The stock symbol for Wabtec is WAB.

Has Wabtec's Green Friction technology been tested?

Yes, the technology was tested on ten RER A trains over a year, covering over a million kilometers, proving its effectiveness.

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