Calgon Carbon Corporation (NYSE: CCC) announced that it has been awarded a contract by DaeWoo Engineering and Construction Co. Ltd., to supply 5.6 million pounds of granular activated carbon (GAC) to the Gu Eui Municipal Drinking Water Plant in Seoul City, South Korea, for drinking water treatment. The GAC will be installed in newly constructed carbon filters to remove unpleasant taste and odor from the plant’s source water. The Gu Eui Plant provides 119 million gallons of potable water per day to approximately 600 thousand residents in GwangJin-gu, Seoul, South Korea. Calgon Carbon was selected due to its rigorous product quality assurance procedure and the excellent long-term performance of the Calgon Carbon products that have been installed in several other municipal drinking water treatment plants in Korea. “Calgon Carbon supplies more than 50 million pounds of high quality activated carbon annually to municipalities worldwide for drinking water treatment, and we have many successful examples in Korea,” says Allan Singleton, Calgon Carbon vice president – Asia. “We are committed to serving the growing municipal market in Asia." Pure Water. Clean Air. Better World. Calgon Carbon Corporation (NYSE:CCC) is a global leader in innovative solutions, high quality products and reliable services designed to protect human health and the environment from harmful contaminants in water, and air. As a leading manufacturer of activated carbon, with broad capabilities in ultraviolet light disinfection, the Company provides purification solutions for drinking water, wastewater, pollution abatement, and a variety of industrial and commercial manufacturing processes. Calgon Carbon is the world’s largest producer of granular activated carbon and supplies more than 100 types of activated carbon products - in granular, powdered, pelletized and cloth form – for more than 700 distinct applications. Headquartered in Pittsburgh, Pennsylvania, Calgon Carbon Corporation employs approximately 1,100 people at more than 15 manufacturing, reactivation, and equipment facilities in the U.S., Asia, and in Europe, where Calgon Carbon is known as Chemviron Carbon. The company also has more than 27 sales and service centers throughout the world.
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, availability of capital and environmental requirements as they relate both to our operations and to our customers, 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.