Calgon Carbon Awarded Contract to Supply FLUEPAC for Mercury Removal
PITTSBURGH, PA – 02/19/2013
Calgon Carbon Corporation (CCC: NYSE) announced that it has been awarded a contract by a major U.S. power generator to supply FLUEPAC® brominated powdered activated carbon (PAC) to remove mercury from the fluegas of coal-fired power plants in the Midwest. The value of the contract is estimated to be $16 to $22 million.
The two-year contract follows the expiration of a five-year, take-or-pay supply agreement between the two companies. Calgon Carbon will provide certain electric generating units with 100% of their activated carbon requirements for mercury removal for a period of two years. The agreement includes an option to extend the contract through 2015. Under terms of the agreement, the price of the FLUEPAC carbon will be adjusted annually based on certain Producer Price indices which are published by the U.S. Bureau of Labor Statistics.
“We are extremely pleased with this customer’s decision to continue use of our FLUEPAC carbon. It clearly demonstrates confidence in the quality and reliability of our product to meet stringent state regulations for control of mercury emissions from power plant flue gas,” commented Jim Sullivan, Calgon Carbon’s senior vice president – Americas’ operations.
Calgon Carbon’s standard and advanced FLUEPAC products were developed specifically for the emerging mercury removal market and have been proven to meet or exceed the performance requirements of the U.S. EPA’s Mercury and Air Toxic Standards (MATS). In full-scale tests, the company’s new advanced FLUEPAC carbons not only exceeded performance standards but were also proven to reduce activated carbon injection rates by 50 – 70% as compared to standard products.
Calgon Carbon Corporation, headquartered in Pittsburgh, Pennsylvania, is a global leader in services and solutions for making water and air safer and cleaner.
For more information about Calgon Carbon’s leading activated carbon and ultraviolet technology solutions for municipalities and industries, visit dev.calgoncarbon.com.
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