Brief: Advanced Emissions Solutions Announces 15-Year Activated Carbon Supply Agreement With Cabot Corp

Arq

30/09/2020 22:22

Sept 30 (Reuters) - Advanced Emissions Solutions Inc
 ADES.O :
    * ADVANCED EMISSIONS SOLUTIONS, INC. ANNOUNCES 15-YEAR
ACTIVATED
CARBON SUPPLY AGREEMENT WITH CABOT CORPORATION
    * ADVANCED EMISSIONS SOLUTIONS - AGREEMENT TO SUPPLY CABOT
WITH
LIGNITE ACTIVATED CARBON PRODUCTS
    * ADVANCED EMISSIONS SOLUTIONS INC - EXPECT PRODUCTION TO
RAMP UP
INCREMENTALLY DURING A 4-5 QUARTER TRANSITION PERIOD
    * ADVANCED EMISSIONS SOLUTIONS INC SEES INCREMENTAL ANNUAL
REVENUE
GROWTH OF 30% - 40% WHEN  TRANSITION PERIOD IS COMPLETED
    * ADVANCED EMISSIONS SOLUTIONS INC SEES INCREMENTAL ANNUAL
EBITDA
GROWTH OF $10 MILLION TO $15 MILLION WHEN  TRANSITION PERIOD IS
COMPLETED

Source text for Eikon:  ID:nGNX6jm8NM 
Further company coverage:  ADES.O 

 ((Reuters.Briefs@thomsonreuters.com;))