PITTSBURGH, Nov. 20, 2019 /PRNewswire/ -- Koppers
Holdings Inc., an integrated global provider of treated wood
products, wood treatment chemicals and carbon compounds, announced
today its response to a recent announcement from Cabot
Microelectronics Corporation to exit pentachlorophenol (penta)
production, primarily serving the treated wood utility pole market,
when it plans to cease operations at its facility in Mexico in 2021.
President and CEO Leroy Ball
said, "Cabot's recent announcement
was not a surprise as penta has been at risk as a long-term viable
preservative since it was named as a Persistent Organic Pollutant
(POP) by the Stockholm Convention's POP Review Committee in 2015
and targeted for elimination or restriction by the Convention's 183
member countries. With several better, more sustainable
alternatives readily available and already in wide use in the
treated wood utility pole market, we view the recent announcement
as a positive development for our industry."
Mr. Ball continued, "As the global market leader in the
development and production of wood preservatives we remain
committed to continuing to improve upon and add to our suite of
products that serve such an important role in building our global
infrastructure. As such, we believe we are uniquely qualified
to assist our customers and the industry to transition to the best
preservative for any given application."
About Koppers
Koppers, with corporate
headquarters in Pittsburgh,
Pennsylvania, is an integrated global provider of treated
wood products, wood treatment chemicals and carbon compounds.
Our products and services are used in a variety of niche
applications in a diverse range of end-markets, including the
railroad, specialty chemical, utility, residential lumber,
agriculture, aluminum, steel, rubber, and construction industries.
Including our joint ventures, we serve our customers through
a comprehensive global manufacturing and distribution network, with
facilities located in North
America, South America,
Australasia, China and
Europe. The stock of Koppers Holdings Inc. is publicly traded
on the New York Stock Exchange under the symbol "KOP."
For more information, visit: www.koppers.com. Any
questions concerning investor relations should be directed to Mr.
Michael Zugay at 412-227-2231 or Ms.
Quynh McGuire at 412-227-2049.
For
Information:
|
Michael J. Zugay,
Chief Financial Officer and Treasurer
|
|
412 227
2231
|
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ZugayMJ@koppers.com
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SOURCE Koppers Holdings Inc.