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Calgon Carbon (CCC) Awarded $10M Contract for Mercury Removal

July 2, 2009 8:50 AM EDT
CCC Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

EPS Growth %: +16.7%
Calgon Carbon Corporation (NYSE: CCC) announced that it has been awarded a contract by a major U.S. power generator to supply FLUEPAC(R) activated carbon to remove mercury from the flue gas of a coal-fired power plant in the Midwest. The value of the contract is approximately $10.0 million.

Under terms of the contract, Calgon Carbon will be the sole supplier of activated carbon to the plant from 2009 through 2011, with deliveries beginning immediately. The contract can be extended for two additional one-year periods.

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