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Cabot Corporation
announces that Cabot Norit Activated Carbon has
received operating permits for its new mine near Marshall, Texas. As part of
Cabot's strategic plan to meet the anticipated quadrupling of demand for
activated carbon for use in the coal-fired utility market, this investment is
expected to begin production in 2014 and produce lignite for approximately 50
years. Securing this long-term raw material source enables Cabot to deliver
unmatched supply assurance and consistent product performance.
Across the U.S., many states are implementing regulations and standards to
reduce mercury emissions as they can create health issues such as mercury
contamination of consumable fish and wildlife. In addition, the Environmental
Protection Agency (EPA) has proposed federal mercury emission levels in the
Mercury and Air Toxics Standard that are scheduled to take effect April 2015.
In order to meet these requirements, many coal-fired utility companies will
use activated carbon to reduce mercury emissions by up to 90 percent.
As a leading supplier of activated carbon, Cabot is well positioned to be a
strategic partner to coal-fired power plant owners and operators in mercury
emission control today and in the future. To support this leadership position,
and in addition to these operating permits for the new mine, Cabot has also
secured permits and developed plans for seven new manufacturing lines in North
America that give Cabot the ability to significantly increase current
production capacity of their mercury control products. Utilizing the latest
construction management techniques, each new line can be installed in a
modular fashion in less than one year in order to support supply contracts as
demand develops. In preparation for the new mine, Cabot has purchased and
relocated a dragline to the new mine site.
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