Calgon Carbon Signs Pact with Goltens for Hyde GUARDIAN - Analyst Blog

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Calgon Carbon 's ( CCC ) 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 systems.

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. ( CECE ) and Donaldson Company, Inc. ( DCI ), 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. ( MEA ). It sports a Zacks Rank #2 (Buy).


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CALGON CARBON (CCC): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: CCC , DCI , CECE , MEA

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