Calgon Carbon (CCC) Says 2004 IMO Ballast Water Convention Will Come into Force In September 2017
- Donald Trump Sworn in as 45th U.S. President
- Wall Street off day's best levels after Trump inaugural speech
- Walgreens Boots Alliance (WBA) Said to Face Antitrust Concern for Rite Aid (RAD) Fix - Bloomberg
- Bristol-Myers Squibb (BMY) Says It Won't Pursue Accelerated U.S. Regulatory Pathway for Opdivo Plus Yervoy in Lung Cancer
- Herbalife (HLF) Says SEC Requested Documents on Anti-Corruption Compliance in China; Reviewed with DoJ
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Calgon Carbon Corporation (NYSE: CCC) and Hyde Marine congratulate the International Maritime Organization (IMO) on ratification of the 2004 International Convention for the Control and Management of Ships' Ballast Water and Sediments (the Convention). According to the IMO, today’s accession to the Convention by Finland brings the total number of countries signing the convention to 52, representing 35.14% of the world’s tonnage. By surpassing both 30 signatory countries and 35% of the world's represented tonnage, the Convention will now come into force on September 8, 2017, twelve months from today’s ratification.
“We are excited that after many years of preparation, we can finally start tackling the problem of invasive species,” said Steve Schott, Calgon Carbon’s Executive Vice President, Advanced Materials, Manufacturing, and Equipment Division. “In anticipation of this day, our Hyde Marine team has been assembling a strong network of partners and suppliers to meet customer demand for our Hyde GUARDIAN Gold® ballast water treatment system (BWTS). Hyde Marine has evolved its design to create one of the most compact, robust, easy-to-operate, and environmentally safe treatment systems to serve the global market.”
"We’re proud to be a part of this moment," said Randy Dearth, Calgon Carbon’s Chairman, President and Chief Executive Officer. "It has been a long road, but in the end it is the environment that benefits most from implementing this needed Convention. By having sold over 450 systems, we are well positioned to service this very exciting market."
The Hyde GUARDIAN Gold® BWTS has received IMO Type Approval and uses space-efficient filtration and ultraviolet (UV) disinfection to treat ships' ballast water to prevent the spread of invasive species from port to port. Due to the uniqueness of its system design and ease of use, Hyde Marine has become a leader in the provision of in-service vessel retrofit systems.
Hyde Marine recently completed land-based testing at DHI in Denmark, under the auspices of the DNV-GL Independent Laboratory. This updated IMO testing provides confidence to ship owners throughout the world that the Hyde GUARDIAN Gold® treatment system is capable of operation in the most challenging water conditions. Hyde Marine now intends to repeat the testing commencing in the first quarter of 2017, using currently required U.S. Coast Guard test methods in its pursuit of achieving U.S. Coast Guard Type Approval.
About Hyde Marine
With more than 100 years in the maritime industry and pioneering development of ballast water treatment technologies, Hyde Marine, the trade name of Calgon Carbon Corporation's (NYSE: CCC) Calgon Carbon UV Technologies LLC subsidiary, has become the leading U.S. manufacturer and educator regarding regulations, technologies, installation experiences, and challenges facing this sector. Since its initial launch in 1998, the Hyde GUARDIAN® BWTS has rapidly emerged as an industry leader featuring mechanical separation followed by UV disinfection – with more than 450 Hyde GUARDIAN® units sold to date for installation in various ship types and sizes around the world. For more information, visit www.hydemarine.com.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tucows (TCX) to Acquire eNom from Rightside (NAME) for $83.5M
- Atmos Energy (ATO) Announces Departure of CFO Bret Eckert
- Interpace Diagnostics (IDXG) Enters Pact With Israeli Specialty Services Provider Best Med
Create E-mail Alert Related CategoriesCorporate News, Hot Corp. News, Litigation, Management Comments, Trading Halts
Related EntitiesRaising Prices
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!