Calgon Carbon Corporation, headquartered in Pittsburgh, Pennsylvania, is a global leader in services and solutions for making water and air safer and cleaner.For more information about Calgon Carbon’s leading activated carbon and ultraviolet technology solutions for municipalities and industries, visit www.calgoncarbon.com. 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 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.
Calgon Carbon Corporation (NYSE: CCC) announced that the company and the city of Scottsdale, Arizona (Scottsdale), have signed a ten-year contract to provide reactivation services for activated carbon used to treat the city’s drinking water. The value of the contract will depend upon the amount of spent activated carbon that is reactivated annually, which is expected to be approximately 6 million pounds. Scottsdale is using granular activated carbon (GAC) in response to the U.S. Environmental Protection Agency’s (EPA) Stage 2 Disinfectants and Disinfection Byproducts Rule which establishes maximum levels at which disinfection byproducts (DBPs) are permitted to be present in drinking water. The GAC removes organic compounds from the water, reducing the formation of byproducts after the addition of chlorine. Scottsdale chose this method rather than replacing chlorine with alternative disinfectants which would not be as effective and would produce other potentially harmful byproducts. Scottsdale has been using reactivated GAC for several years, and expects to realize significant savings under this new contract. This is the second ten-year reactivation services contract that the company has secured in Arizona this year. In March, the company signed a ten-year contract with the city of Phoenix, Arizona (Phoenix). To support the needs of both Scottsdale and Phoenix, as well as other cities throughout the Southwest, the company is constructing a reactivation facility in Gila Bend, Arizona. The reactivation facility, which is expected to be complete in 2013, will be owned and operated by Calgon Carbon and will have an annual reactivation capacity of approximately 25 million pounds. During the construction phase of this facility, Calgon Carbon will utilize its existing reactivation capacity to meet the needs of Scottsdale and Phoenix. Commenting on the award, Bob O’Brien, executive vice president and chief operating officer of Calgon Carbon, said, “This contract demonstrates Scottsdale’s long-term commitment to use GAC as the means of complying with the EPA’s disinfection byproducts regulations. Calgon Carbon has been providing reactivated carbon to Scottsdale for a number of years, and their willingness to enter into a long-term contract affirms their belief in the economic and environmental benefits of reactivated GAC for drinking water treatment.”