) fully-owned subsidiary - Hyde Marine, Inc. - has entered into an
agreement with Netherland-Based Goltens Green Technologies to help
shipowners avail a chemical free Hyde GUARDIAN Gold Ballast Water
Treatment System (BWTS) in their existing ships.
This partnership will benefit shipowners with precision 3D laser
scanning and modeling, which helps remove complications during the
BWTS installation process on existing ships. Laser scanning reduces
risks involved with manual measurement and fabrication onboard by
giving an accurate rate and efficient solution for fitting BWT
Hyde Marine is one of the fastest growing ballast water treatment
(BWT) technology companies globally. It will work with six green
stations of Goltens for the engineering of Hyde GUARDIAN Gold
ballast water treatment process.
The Hyde GUARDIAN Gold ballast water treatment relies on an
efficient two-step treatment system of physical solid-liquid
separation through surface filtration and physical disinfection
through ultraviolet technology. Basically water is used as ballast
to stabilize ships at sea. While it is essential for shipping
operations, it poses serious environmental threats to marine life
thus requiring ballast water management.
Hyde Marine's move will help shipowners to evaluate the space for
installation of the ballast water treatment system. It is also in
accordance with the International Convention for the Control and
Management of Ships' Ballast Water and Sediments (BWMC) of IMO,
which requires ships to discharge ballast water free of any living
organisms or pathogens.
Calgon Carbon, which is among the prominent pollution control
companies along with CECO Environmental Corp. (
) and Donaldson Company, Inc. (
), ventured into the global market for ballast water treatment with
its acquisition of Hyde Marine in 2010. The company's ballast water
treatment business is rapidly evolving into one of the most
exciting longer-term market opportunities.
Calgon Carbon currently holds a Zacks Rank #3 (Hold).
A better-ranked company in the pollution control industry is
Metalico Inc. (
). It sports a Zacks Rank #2 (Buy).
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