ADA-ES, Inc. (NASDAQ: ADES) today announced that it has been awarded a
contract to supply a mercury emission control system for an existing
coal-fired generating unit located in the midwestern United States. This
generating unit produces 275 gross megawatts of electricity and utilizes
low sulfur Powder River Basin (PRB) coal from Wyoming for its fuel.
ADA-ES expects to deliver the system to the new generating unit by the
end of 2009.
Dr. Michael Durham, President & CEO of ADA-ES, commented, “This contract
is with a power company that has purchased ADA’s Activated Carbon
Injection (“ACI”) systems in the past. The current markets for our
mercury control systems and powdered activated carbon sorbents are being
driven by regulations in 16 states, new power plants being constructed,
and regulations in several Canada provinces. We believe this market will
expand significantly once new federal mercury legislation or regulations
are finalized in the U.S., either through Congress or the Environmental
Protection Agency.”
About ADA-ES
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, activated carbon (AC), mercury
measurement instrumentation, and related services. To meet the needs of
the power industry for mercury control, the Company is developing
state-of-the-art facilities to produce AC with the first plant projected
to come on-line in 2010. Additionally, the Company is developing
technologies for power plants to address issues related to the emissions
of carbon dioxide.
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, which
provides a "safe harbor" for such statements in certain circumstances.
The forward-looking statements included in this release include
statements regarding the expected delivery date of the ACI system,
significant expansion of the Company’s target markets and timing of
commencement of operations at the Company's first AC facility.
