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Calgon Carbon Enters a New Two- Year Contract to Supply PAC
Green Technology Featured Articles
February 28, 2013

Calgon Carbon Enters a New Two- Year Contract to Supply PAC

By Shankar Pandiath
TMCnet Contributor

Calgon Carbon Corporation (CCC), a company specializing in activated carbon, recently inked a new two- year contract to supply FLUEPAC brominated PAC, powdered activated carbon, to a leading power generator in the U.S.

Pittsburgh, Penn based Calgon provides unmatched innovations in the separation, purification and concentration of gases and liquids. It will now supply FLUEPAC brominated PAC, which will help in removing mercury from the fluegas of coal -fired power plants that are located in the Midwest. The new two -year contract is valued to be worth between $16 million and $22 million.


Calgon Carbon will be offering 100 percent of the activated carbon requirement for mercury removal to certain electric generating units for the stipulated two years. The price of FLUEPAC carbon will depend on producer price indices published by the U.S. Bureau of Labor Statistics and will be adjusted annually.

Calgon Carbon previously had a take-or-pay supply agreement with the said company for five years and this new contract comes on the heels of the previous one. The newly inked agreement also holds a provision of extension of contract –if there is a requirement through 2015.

FLUEPAC products produced in U.S. are required to meet the performance standards of the U.S. EPA’s Mercury and Air Toxic Standards (MATS). FLUEPAC products from Calgon Carbon have consistently proved to be of exceptional quality and they are designed to meet or rather exceed the performance standards of the U.S. EPA’s Mercury and Air Toxic Standards (MATS).

Calgon Carbon recently introduced a new FLUEPAC carbon and according to the full-scale tests, the new FLUEPAC carbon was successful in reducing activated carbon injection rates by 50 to 70 percent. This was an important feat and Calgon Carbon’s new FLUEPAC carbon impressively outperformed the prevailing product standards.

Calgon Carbon is listed among the prominent pollution control companies which include, Sharps Compliance Corp. (SMED), MFRI Inc. (MFRI) and Appliance Recycling Centers of America Inc. (ARCI).

A few days ago, Calgon Carbon posted a mixed fourth-quarter 2012 results. As per reports, profits at Calgon Carbon surged 77.8 percent to 16 cents per share in the quarter. It was nine cents per share in the previous year quarter. The adjusted earnings were of 19 cents a share for fourth-quarter 2012- restructuring charge of $2.3 million excluded. Zacks Consensus had predicted adjusted earnings of 14 cents.

In the reported quarter, revenue was worth $141.8 million, an increase of 2.6 percent from the previous year. Zack Consensus had estimated revenue worth $143.0 million. The stronger dollar had a negative impact on sales and the loss resulting from currency translation was about $1 million.

Calgon Carbon is better positioned in 2013 and expects to benefit from the cost improvement program that was implemented in 2012.




Edited by Brooke Neuman


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