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Calgon Carbon Corporation
CCC 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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