Two Electric Utilities in the Southern U.S. to Leverage Cabot’s
DARCO® Hg Family of Mercury Control Products
BOSTON--(BUSINESS WIRE)--Oct. 28, 2014--
Cabot
Corporation (NYSE: CBT) announced that it has entered into two new
contracts to provide its DARCO®
Hg family of activated carbon products to energy utilities with
customers in Arkansas, Louisiana, Mississippi, Missouri and Texas. In
order to meet stringent federal regulations for mercury emissions in the
United States, Cabot expects to provide the utilities with approximately
25 million pounds of activated carbon over the next three years.
These agreements will provide a key material to the utilities as they
reduce mercury emissions to comply with the U.S. Environmental
Protection Agency’s (EPA) Mercury and Air Toxic Standards (MATS) rule.
The MATS regulation requires that coal-fired power plants in the U.S.
remove approximately 90 percent of mercury from their emissions by April
2015. Effective immediately, Cabot will supply DARCO Hg-H and DARCO
Hg-LH powdered activated carbon across multiple sites to satisfy 100
percent of both utilities’ requirements for activated carbon.
Compliance with MATS is expected to boost demand for activated carbon by
electric utilities. Based on numerous Department of Energy and
EPA-sponsored tests and customer trials, Cabot’s DARCO Hg family of
products have proven to be highly effective in achieving mercury removal
levels compliant with MATS.
“We pride ourselves on being a technically advanced partner to our
customers. Our proven expertise and patented DARCO technology delivers
the optimal solution to meet our customers’ compliance needs,” said Bart
Kalkstein, vice president and general manager, Global Emission Control
Technologies, Cabot Purification Solutions. “With the approaching
implementation of the EPA’s mercury removal standards, we expect that
demand will continue to rise and we are in a unique position to ensure
reliable supply of high-quality products.”
Cabot’s DARCO Hg family of products for mercury control has currently
been selected for use in more than 75 units throughout the United States
and Canada. The utilities chose Cabot products based on their proven
ability to meet or exceed mercury removal levels compliant with MATS and
their respective regulations. In addition, Cabot is the only activated
carbon manufacturer with multiple manufacturing sites dedicated to this
market in North America, providing customers with a consistent source of
supply and supply chain reliability. Cabot offers a full range of
activated carbon services including rental systems, carbon reactivation,
bulk delivery and change-out, carbon evaluation, as well as technical
service and support to help customers meet their specific purification
needs.
In addition to its role as a technology leader in mercury removal from
flue gas, Cabot Norit Activated Carbon is recognized as the world’s
largest and most experienced producer of activated carbon, which is used
to remove pollutants, contaminants and other impurities from water, air,
food and beverages, pharmaceutical products and other liquids and gases
in an efficient and cost-effective manner. Combined with Cabot’s
technical expertise, the DARCO Hg family of products can help customers
achieve the lowest total cost of mercury removal.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and
performance materials company, headquartered in Boston, Massachusetts.
The company is a leading provider of rubber
and specialty
carbons, activated
carbon, inkjet
colorants, cesium
formate drilling fluids, fumed
silica, aerogel,
and elastomer
composites. For more information on Cabot, please visit the
company’s website at: http://www.cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: Statements in the press release regarding Cabot's business that
are not historical facts are forward looking statements that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward looking statements, see “Risk Factors” in the
Company’s Annual Report on Form 10-K.
Source: Cabot Corporation
Cabot Corporation
Vanessa Craigie, 617-342-6015
Corporate
Communications
vanessa.craigie@cabotcorp.com
or
Hilary
Banda, 617-342-6264
Marketing Communications
hilary.banda@cabotcorp.com
