Calgon Carbon Corporation (NYSE: CCC) and its European operating group, Chemviron Carbon, announced that Thames Water (Thames), the largest provider of drinking water and wastewater services in the U.K., has awarded Chemviron a 10-year contract to reactivate spent activated carbon used to treat drinking water. The value of the contract is dependent upon the amount of carbon that is reactivated annually, which is expected to be approximately 11 million lbs (5,000 MT).
Chemviron Carbon will reactivate the spent carbon at its Tipton plant (Tipton) near Birmingham, U.K., following a $9.5-million renovation and expansion of the facility, which is expected to be completed in 2014. The plant’s production capacity will be increased from approximately 13 million lbs (5,800 MT) to 18 million lbs (8,200 MT). Until the project is completed, Thames’s carbon will be reactivated at Chemviron Carbon’s facilities in Grays, UK and Feluy, Belgium.
Reinier Keijzer, Vice President of Chemivron Carbon, noted, “Chemviron Carbon is the largest and most effective reactivator in the UK, offering water utilities a comprehensive range of value added technical and site services.”
Bob O’Brien, Calgon Carbon’s Chief Operating Officer, added, “Because of Thames Water’s ongoing commitment to provide high quality drinking water to their customers, Calgon Carbon and Thames have a relationship that spans decades. We are very pleased that Thames selected Chemviron Carbon for its reactivation services, and we look forward to working with them over the next ten years.”For more information about Calgon Carbon’s leading activated carbon and ultraviolet technology solutions for municipalities and industries, visit www.calgoncarbon.com. Calgon Carbon Corporation, headquartered in Pittsburgh, Pennsylvania, is a global leader in services and solutions for making water and air safer and cleaner. 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 changes in, or delays in the implementation of, regulations that cause a market for our products, acquisitions, higher energy and raw material costs, costs of imports and related tariffs, labor relations, capital and environmental requirements, 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 and other information detailed in, as well as the other information contained in the company’s most recent Annual Report.
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