28 March 2001

Corning Incorporated celebrated today the opening of a new, US$77 million environmental technologies production facility in Shanghai, China. The new plant will help meet global demand for catalytic converter substrates for motor vehicles.

The celebration took place at the new facility in Pudong, Shanghai, which was first announced in 1998, and the construction of which started two years ago. The wholly owned Corning operation produces ceramic catalytic converter substrates for use in automobiles and trucks. Shipments of these products began in early 2001.

“It is hard to imagine a technology that has done more to clean the air than the catalytic converter,” said Roger G. Ackerman, Corning’s chairman. “The employees at this new plant will have reason to be proud of the products they will make, because the substrates manufactured here in Shanghai will contribute to cleaner air around the world.”

The new manufacturing operation joins Corning’s global network serving vehicle and catalytic converter manufacturers worldwide. Corning currently manufactures catalytic converter substrates in Erwin, New York (USA); Blacksburg, Virginia (USA); and Kaiserslautern, Germany. In June 2000, the company also opened a substrate manufacturing facility in Port Elizabeth, South Africa. Corning operates catalytic converter substrate sales and customer service offices in Tokyo, Japan; Seoul, South Korea; New Delhi, India; Sydney, Australia; Singapore; Taipei, Taiwan; Sao Paulo, Brazil; Wiesbaden, Germany; Troy Michigan; and Corning, New York.

Source: Corning Incorporated