Calgon Carbon Corporation
) and its distributor Brenntag Canada Inc. have won a contract to
supply second-generation advanced FLUEPAC powdered activated
carbon to a large Canadian electricity generator. The contact is
valued between $25 million and $30 million.
The contract will be in place through December 2015 and is an
extension of an existing supply agreement for a first-generation
advanced FLUEPAC product. Calgon Carbon and Brenntag sealed the
contract after undergoing a rigorous testing program, where many
of Calgon carbon's products were tested against competitors'
FLUEPAC STF was found to provide the best overall value solution
to the electricity generator. In more than 20 tests, FLUEPAC
demonstrated about 50% to 70% less carbon usage compared with
competitors' products and also consistently met rigorous
The contract instills customer confidence in quality and
reliability of Calgon Carbon's advanced FLUEPAC products. The
company also remains firm with its decision to invest in the
development of advanced products that deliver more value. This
combined with Brenntag's local personnel and infrastructure
helped them to grab the contract.
Last month, Chemviron Carbon, the European operating group of
Calgon Carbon, won a 10-year contract from Thames Water to
reactivate spent activated carbon used to treat drinking water.
Thames is the largest provider of drinking water and wastewater
services in the UK. The contract value will depend on the amount
of carbon reactivated on an annual basis, which is expected to be
around 11 million lbs (5,000 million tons).
Calgon Carbon retains a Zacks Rank #3 (Hold).
Other companies in the pollution control industry worth
Progressive Waste Solutions Ltd.
ure Cycle Corporation
Sharps Compliance Corp
). All of them hold a Zacks Rank #2 (Buy).
PROGRESSV WASTE (BIN): Free Stock Analysis
CALGON CARBON (CCC): Free Stock Analysis
PURE CYCLE CORP (PCYO): Free Stock Analysis
SHARPS COMPLIAN (SMED): Free Stock Analysis
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