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August 20, 2010

Hyde Marine awarded $19.8 million BWT systems order

Calgon Carbon Corporation says that its wholly owned subsidiary, Hyde Marine, Inc., has been awarded a contract by a leading South Korean shipyard to supply Hyde Guardian ballast water treatment (BWT) systems for a series of tankers being built for a major Greek shipowner. The contract is valued at approximately $19.8-million.

Hyde Guardian systems will be delivered for 10 Suezmax crude oil tankers beginning in 2011 through 2013.

Hyde Marine has sold more than 70 type approved BWT systems to date. The Hyde Guardian unit received IMO Type Approval in April 2009 and was the first BWT System accepted into the U.S. Coast Guard STEP program in October of 2008. Thesystem is chemical free, using filtration and ultraviolet disinfection to treat ships' ballast water to prevent the spread of invasive species from port to port.

Commenting on this announcement, John Stanik, Calgon Carbon's Chairman, CEO and President said, "This is an important order for Hyde Marine in the BWT market as it expands the range of application of Hyde Guardian technology in both capacity and vessel type. I believe we are establishing a very strong global reputation that will position us as a major player in this new multi-billion dollar emerging market."


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