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OXNARD, Calif., April 22, 2021 /PRNewswire/ CDTi Advanced Materials, Inc. (OTC: CDTI) ( CDTi or the Company ), a leader in advanced catalyst technology, reported its financial results for the year ended December 31, 2020.
Matthew Beale, the Company s CEO, stated, Despite a challenging trading environment globally, our 2020 results reflect the positive impact of our repositioning and creation of a solid foundation for future profitability and growth. We entered into licensing arrangements for some of our established automotive products and made important progress in developing technology and commercial partnerships in new high growth markets. Although emission catalysts will continue to provide a solid base of revenue over the near term, CDTi is positioning itself to participate in markets created by massive global investment in battery and fuel cells as well as hydrogen production technology. Our zero and low-PGM catalyst technolo
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