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Calgon Carbon Awarded Three Year Contract For Carbon Adsorption System and Reactivation Services For Petroleum Refining Facility
Pittsburgh, PA – 04/07/2015
Calgon Carbon Corporation (CCC: NYSE) announced it has been awarded a three-year contract by a petroleum refining company in the Midwest to supply 30 carbon adsorption systems and reactivation services to control vapor emissions. The value of the contract will depend upon the amount of spent activated carbon that is reactivated annually, which is expected to be in excess of two million pounds per year.
The refinery is using the carbon adsorption system to capture vapor during venting operations in compliance with Benzene/National Emission Standards for Hazardous Air Pollutants (NESHAP) clean air regulations. The carbon adsorption systems consist of 30 VAPORPAC10 vessels, each containing 12,500 lbs. of granular activated carbon (GAC). When the GAC is spent, it will be taken from the refining site and reactivated at Calgon Carbon’s Catlettsburg, Kentucky facility. The customer chose the Calgon Carbon system because it provides a cost-effective solution to capture volatile organic contaminants from air streams.
Lisa Reese, Vice President of Calgon Carbon’s Industrial Business Unit commented, “We are pleased to have been awarded this three-year project. It underscores Calgon Carbon’s ability to provide a complete solution, including reactivation services, to refinery customers for their vapor recovery needs.”
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Pure Water. Clean Air. Better World.
Calgon Carbon Corporation (NYSE:CCC), headquartered in Pittsburgh, Pennsylvania, is a global leader in innovative solutions, high quality products and reliable services designed to protect human health and the environment from harmful contaminants in water, and air. As a leading manufacturer of activated carbon, with broad capabilities in ultraviolet light disinfection, the Company provides purification solutions for drinking water, wastewater, pollution abatement, and a variety of industrial and commercial manufacturing processes.
This news release contains historical information and forward-looking statements. Forward-looking statements typically contain words such as “expect,” “believe,” “estimate,” “anticipate,” or similar words indicating that future outcomes are uncertain. Statements looking forward in time, including statements regarding future growth and profitability, price increases, cost savings, broader product lines, enhanced competitive posture and acquisitions, are included in the company’s most recent Annual Report pursuant to the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995. They involve known and unknown risks and uncertainties that may cause the company’s actual results in future periods to be materially different from any future performance suggested herein. Further, the company operates in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond the company’s control. Some of the factors that could affect future performance of the company are higher energy and raw material costs, costs of imports and related tariffs, labor relations, availability of capital and environmental requirements as they relate both to our operations and to our customers, changes in foreign currency exchange rates, borrowing restrictions, validity of patents and other intellectual property, and pension costs. In the context of the forward-looking information provided in this news release, please refer to the discussions of risk factors.
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