New Horizons Federal Mogul

NEW HORIZONS

Following last year’s acquisition of Federal Mogul by Tenneco Inc, Federal Mogul Hungary Ltd is now a key part of one of the world’s leading producers of Ride Performance and Clean Air auto solutions.

In October 2018 Tenneco Inc., one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for automotive and commercial vehicle original equipment markets and the aftermarket, announced the acquisition of Federal-Mogul LLC, the leading global supplier to original equipment manufacturers and the aftermarket.

A key European operation acquired in the transaction was the Federal Mogul production facility at Kunsziget in Hungary.

The Hungarian plant produces four main products – static cold gaskets, dynamic seals, vale stem seals and wiper blades. The company’s main brands, which include Champion, Moog, Ferodo, Beral, Payen, Goetze, Nural, AE, Glyco and FP-diesel, are well known names across Europe; it supplies autoparts to 98.5 per cent of European vehicles. Products manufactured at Kunsziget are delivered direct to the customer on a just-in-time basis, whether engine builders or automotive assembly plants. The nearest customer is Audi’s Hungarian engine plant 20km away in Győr, but the company also supplies many other prominent automotive companies including BMW, Volkswagen and Daimler, as well as autopart manufacturers including Continental and Bosch.

Two new Companies

Following the Federal Mogul acquisition, Tenneco is separating its businesses lo form two new, independent companies, an Aftermarket and Ride Performance company as well as a new Powertrain Technology company.

The aftermarket and ride performance company will be one of the largest global multi-line, multi-brand aftermarket companies, and one of the largest global OE ride performance and braking compa-

nies. The aftermarket and ride performance company’s principal product brands will feature Monroe®, Walker®, Clevite®Elastomers, MOOG®, Fel-Pro®, Wagner®, Champion® and others.

The powertrain technology company will be one of the world’s largest pure-play powertrain companies serving OE markets worldwide with engineered solutions addressing fuel economy, power output, and criteria pollution requirements for gasoline, diesel and electrified powertrains. Its focus will be on developing advanced ‘Clean Air’ systems to reduce emissions in both traditional and hybrid applications. Its products will include engine bearings, pistons, piston pins, piston rings, cylinder liners, valve seats and guides, spark plugs, ignition coils, transmission products, technical textiles and connecting rods. The powertrain technology company will serve light vehicle, commercial truck, offhighway and industrial markets. “Our acquisition of Federal Mogul makes possible the creation of two new product-focused companies with even stronger portfolios positioned to capture unique opportunities in their respective markets,” said Roger Wood, co-CEO, Tenneco. “Now that we have completed the acquisition, we look forward to accelerating the successful realignment of the businesses and creation of the new companies.”

New technology solutions

In April this year Tenneco showcased its latest powertrain and clean air solutions at the 2019 Auto show in Shanghai.

These included the company’s all-new Megabond cylinder liners. The advanced liner technology was developed to meet the durability, performance and packaging demands of engine manufacturers globally. Providing superior mechanical bonding strength and robustness, Megabond liners enable more compact high-efficiency engine designs and easier cylinder block manufacturing. The Megabond technology was developed at the company’s technical facilities in Friedberg and Burscheid in Germany.

Also showing wasTenneco’s PRiME 3D software, a breakthrough dynamic simulation tool that supports manufacturers cutting engine development time by up to 70 percent while allowing emissions and fuel consumption reductions to be achieved through the early opti-

Since 1976 with more than 40 years of experience PMG is a global leading company in the field of specialty rubber compounds. The production at PMG Italy is in three mixing plants to produce black conventional compounds, coloured compounds and the mixing unit dedicated to FKM compounds with two lines for black and coloured compounds. PMG production is based on all specialty elastomers and the core business is represented by the production of FKM compounds, for which PMG is a global leader for product portfolio and volume produced.

PMG East Srl. started operations in January 2006 at Timisoara (Romania) with a mixing unit for conventional black compound. The site is equipped with a state of the art mixing line to serve our Customers in Central and Eastern Europe.

PMG Rubber Technology (Changshu) CO Ltd. In December 2016, PMG Rubber Technology Ltd has started operations in Changshu (China). The plant is located in Fervent Industrial Park, north of Shanghai on an area of 7500sqm. The unit is equipped with two lines for black and coloured FKM and a line for black compounds in operation by the end of 2017. A local team of experienced technicians and sales professionals, laboratory facility and modern equipment together with PMG know-how represent a unique opportunity to be close to our customers in the Asia Pacific markets.

mization of piston and piston ring design. An industry first, PRiME 3D enables the generation of a physically realistic virtual model of a running engine during the design process. The software can accurately predict cylinder component performance, along with characteristics like friction losses and oil consumption, already at an early stage of engine development, eliminating many iterations of design, prototyping and physical testing.

Complementing its portfolio of technologies for improved internal combustion engines, Tenneco´s Powertrain division also presented a range of electrification products. Developed by its Controlled Power Technologies (CPT) product group, these products support enhanced performance and utilize otherwise wasted kinetic and exhaust gas energy to reduce emissions and fuel consumption. Featured products included CPT SpeedStart®, an advanced startergenerator for micro and mild hybrid applications, COBRATM electric supercharger for increased air supply of ICEs, and TIGERS® turbogenerator integrated exhaust gas energy recovery system.

Reviewing the establishment of Tenneco’s new business structure, Brian Kesseler, co-CEO, Tenneco, comments, “The successful integration of Federal Mogul into Tenneco marks an important step as we progress toward the transformation of our company into two strong, leading global businesses with the scale and financial flexibility to drive long-term value creation.” n