Advanced Emissions Solutions Will Increase Prices on all Activated Carbon Products and Front-End Coal Additives
March 29 2021 - 7:45AM
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the "Company" or
"ADES"), the parent company of ADA-ES, Inc. and ADA Carbon
Solutions, LLC (collectively, "ADA"), today announced a price
increase, effective April 1, 2021 or as contract terms permit, on
all activated carbon products and front-end coal additives. The
increase will vary from 10% to 15% depending on the specific
product, grade, and application.
Throughout the COVID-19 Global Pandemic, our
team has remained focused on continuing to meet the needs of our
customers reliably and consistently. We have adapted our processes,
improved our safety protocols, and worked closely to maintain a
robust supply chain. These price increases have become necessary
due to increases in raw material, transportation, and operational
costs to produce and deliver our products. This price recovery is a
necessary step to ensure the business remains in a strong position
to continue reliably serving our customers.
About Advanced Emissions Solutions,
Inc.Advanced Emissions Solutions, Inc. serves as the
holding entity for a family of companies that provide emissions
solutions to customers in the power generation and other
industries.
ADA brings together ADA Carbon Solutions, LLC, a
leading provider of powder activated carbon ("PAC") and ADA-ES,
Inc., the providers of ADA® M-Prove™ Technology. We provide
products and services to control mercury and other contaminants at
coal-fired power generators and other industrial companies. Our
broad suite of complementary products control contaminants and help
our customers meet their compliance objectives consistently and
reliably.
CarbPure Technologies LLC, (“CarbPure”), formed in
2015 provides high-quality PAC and granular
activated carbon ideally suited for treatment of potable water and
wastewater. Our affiliate company, ADA Carbon Solutions, LLC
manufactures the products for CarbPure.
Tinuum Group, LLC (“Tinuum Group”) is a 42.5% owned
joint venture by ADA that provides patented Refined Coal (“RC”)
technologies to enhance combustion of and reduce emissions of NOx
and mercury from coal-fired power plants.
Caution on Forward-Looking
Statements
Statements in this press release regarding the
Company's business that are not historical facts, including
statements concerning maintaining business profitability and
allowing for future investment, 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: Advanced Emissions Solutions, Inc.
Investor Contact:
Alpha IR GroupRyan Coleman or Chris
Hodges312-445-2870ADES@alpha-ir.com
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