ADA-ES Awarded Contracts for Four Mercury Control Systems
Existing State Regulations Drive Market Demand
biz.yahoo.com
Monday June 2, 8:30 am ET
LITTLETON, Colo.--(BUSINESS WIRE)--ADA-ES, Inc. (NASDAQ: ADES - News) is providing an update on its sales and supply of activated carbon injection (ACI) systems that control mercury emission from coal-fired electrical generating units. During April and May, ADA-ES has been awarded four contracts for ACI systems to be delivered in late 2008 and 2009.
The awards are for existing power plants in the mid-Atlantic and north central regions and a new plant in the south western region of the United States. Two of the plants utilize bituminous coal and two plants utilize Power River Basin coal for their fuel supply. These four plants represent a total of 2,056 MWs of generating capacity.
Dr. Michael Durham, President & CEO of ADA-ES stated, “These awards are the result of state mercury emissions regulations for existing plants and strict emissions standards required to build a new coal-fired power plant. We expect these existing regulations will be the primary drivers of demand for ACI systems and activated carbon through 2010. In addition, the May 20th denial of EPA’s petition for an en banc rehearing on CAMR by the DC District Circuit Court will likely lead to a stricter federal mercury emission rule in the near term. This will create an even larger market for our mercury control products beyond 2010.”
About ADA-ES
Headquartered in Littleton, CO, ADA-ES is a leader in clean coal technology and the associated specialty chemicals. The Company develops and implements proprietary environmental technology and specialty chemicals that enable coal-fueled power plants to enhance existing air pollution control equipment, maximize capacity and improve operating efficiencies. Through its largest and fastest-growing segment, Mercury Emission Control, ADA-ES supplies activated carbon injection systems, mercury measurement instrumentation, and related services. Additionally, the Company is implementing plans to produce and supply activated carbon. |
