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CALGON CARBON AWARDED SECOND MAJOR CONTRACT IN 2014 FOR DRINKING WATER TREATMENT IN SOUTH KOREA
PITTSBURGH, PA – 10/28/2014
Calgon Carbon Corporation (NYSE: CCC) announced that it has been awarded a contract by Samsung C&T Corporation to supply 7.2 million pounds of Filtrasorb® granular activated carbon (GAC) to the Dduk-Do Municipal Drinking Water (Dduk-Do) Plant in Seoul City, South Korea. The value of the contract was not disclosed.
The Dduk-Do Plant provides 198 million gallons of potable water daily to approximately one million residents in 7 districts including SeongDong-Gu, Seoul metropolitan area, South Korea. The GAC will be installed in newly constructed carbon filters to remove taste and odor from the plant’s source water. Delivery of the carbon is expected to begin in December of 2014 and be completed in the second quarter of 2015.
Calgon Carbon was selected for the project because of its advanced manufacturing process which produces GAC that meets the most stringent specifications in the drinking water treatment industry; its rigorous product quality assurance procedure; and the outstanding performance of Calgon Carbon products that have been installed in other drinking water treatment plants in South Korea. Earlier this year, the company was selected to provide 5.6 million pounds of GAC to treat drinking water at the Gu Eui Municipal Drinking Water Plant, which is also located in Seoul City.
Randy Dearth, Chairman and CEO of Calgon Carbon, commented, “For more than 50 years, Filtrasorb carbons have set the standard for drinking water treatment worldwide, and they continue to be the cornerstone of our municipal water treatment and custom municipal reactivation business.”
“Calgon Carbon has been supplying GAC to drinking water treatment plants in South Korea since 2000, and in June we completed delivery of more than five million of pounds of GAC to the Gu Eui plant under a contract awarded to us in February. We are very pleased that the superiority of our Filtrasorb products continues to gain recognition in South Korea and is leading the growth of our business in that region.”
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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 fabrication 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 calgoncarbon.dev.
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 and other information detailed in, as well as the other information contained in the company’s most recent Annual Report.
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Contact: Amanda Mushrush
Direct Dial: 724-541-2658
AMushrush@CalgonCarbon-US.com