Market Overview

Charah Solutions Installs MP618™ Innovative Thermal Process Technology for Fly Ash Beneficiation in Sulphur, Louisiana


New Proven Technology Will Increase Charah Solutions' Supply of
High-Quality Fly Ash and Expand Byproduct Sales Offerings

Solutions, Inc.
(NYSE:CHRA), a leading provider of environmental
and maintenance services to the power generation industry, has installed
its proprietary fly ash beneficiation technology at the company's
Sulphur, Louisiana, terminal to improve the quality of fly ash and to
increase its supply of marketable fly ash to concrete producers
nationwide. Charah Solutions' new MP618™ Multi-Process technology
reduces loss on ignition (LOI), ammonia, activated carbon and moisture
in fly ash.

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Charah Solutions MP618 technology in Sulphur, Louisiana.

Charah Solutions MP618 technology in Sulphur, Louisiana.

"The launch of the MP618 technology is a significant milestone for
Charah Solutions and a game changer for the beneficiation of fly ash,"
said Charles Price, President and CEO of Charah Solutions. "Our utility
customers now have an innovative, cost-effective solution that doesn't
require a significant capital investment or increase costs to rate
payers. Additionally, we now expect to be able to provide a more
reliable stream of fly ash to our customers. The launch of this facility
highlights the importance of our acquisition of SCB International last
year, and is the first of many facilities we expect to install

The proven MP618 thermal beneficiation technology provides concrete
product producers and builders with a reliable source of high-quality
Class F fly ash to meet a growing number of construction projects in the
greater Lake Charles / Sulphur region. The Sulphur terminal is Charah
Solutions' second barge-supplied location in Southern Louisiana. Its
LaPlace, Louisiana, terminal currently serves customers in Louisiana,
Mississippi and Alabama.

Charah Solutions' proven MP618 technology allows for beneficiation of
both wet and dry fly ash and offers important advantages over competing
technologies. Specifically, it has a significantly lower cost profile,
an efficient footprint with self-contained environmental controls that
can be deployed in months versus years and a modular design that can be
scaled up or down to increase production based on market demand.

"As one of the leading fly ash sales and marketing companies in the
country, Charah Solutions is known for our innovative solutions and
superior service," said Scott Ziegler, Vice President of Byproduct Sales
at Charah Solutions. "We are pleased to open this MP618 fly ash
beneficiation installation to serve the growing Louisiana market with
solutions that can be scaled up or down based on the beneficiation needs
at a particular ash pond or other site. With MP618, we can beneficiate
out of spec fly ash, increase our supply of high-quality ash to the
market and add significant value to our utility customers as we continue
to leverage new technologies to expand our service offerings."

With the functionality to process both wet and dry fly ash, the MP618
technology can be installed at both operating and non-operating power
plants, regardless of whether the fly ash is current production or
legacy ash stored in ponds or landfills. The technology also allows for
the processing of kiln dust to remove mercury for emissions regulations

MP618 technology is expected to enhance Charah Solutions' MultiSource®
materials network, a unique distribution system of more than 30
nationwide sourcing locations, and improve the company's ability to
provide a continuous and reliable supply of supplementary cementitious
materials for ready-mix concrete producers and other customers
throughout the U.S.

to see a complete map of Charah Solutions' MultiSource
materials network locations.

About Charah Solutions, Inc.

With 30 years of experience, Charah® Solutions, Inc. is a leading
provider of environmental and maintenance services to the power
generation industry, with operations in coal-fired and nuclear power
generation sites across the country. Based in Louisville, Kentucky,
Charah Solutions assists utilities with all aspects of managing and
recycling ash byproducts generated from the combustion of coal in the
production of electricity as well as routine power plant maintenance and
outage services for coal and nuclear energy providers. The company also
designs and implements solutions for ash pond management and closure,
landfill construction, fly ash and slag sales, and structural fill
projects. Charah Solutions is the partner of choice for solving
customers' most complex environmental challenges, and as an industry
leader in quality, safety, and compliance, the company is committed to
reducing greenhouse gas emissions for a cleaner energy future. For more
information, please visit

MultiSource is a registered trademark of Charah, LLC in the United

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that the company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These forward-looking statements are
identified by their use of terms and phrases such as "may," "expect,"
"estimate," "project," "plan," "believe," "intend," "achievable,"
"anticipate," "will," "continue," "potential," "should," "could," and
similar terms and phrases. These statements are based on certain
assumptions made by the company based on management's experience and
perception of historical trends, current conditions, anticipated future
developments and other factors believed to be appropriate. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the company,
which may cause actual results to differ materially from those implied
or expressed by the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such
statement is made and the company undertakes no obligation to correct or
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
applicable law.

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