ADA-ES, Inc has signed a contract to supply activated carbon injection (ACI) systems for a fleet of coal-fired generating plants that are owned and operated by a major U.S. power producer. ADA was awarded this contract as the customer’s mercury control partner to address emissions from their plants burning Eastern and Western coals.
“We are very pleased to announce this significant contract which puts us well ahead of our goal for a 35 per cent market share. We expect that additional contracts for DSI and ACI systems will be awarded soon,” said President and CEO of ADA, Michael Durham.
The contract is the result of the recent EPA Mercury and Air Toxics Standard (MATS), which requires coal-fired power plants to reduce emissions of mercury and sulfuric, hydrochloric and other acid gases by April 2015. ADA believes that MATS and other emission control regulations will generate a total market in excess of $1 billion for ACI and Dry Sorbent Injection (DSI) systems, and the company expects to maintain a combined market share of at least 35 per cent. Achieving this market position would generate over $300 million in revenues for ADA over the next three years. The enactment of MATS has recently created a significant increase in ACI and DSI procurement activities, and ADA has been active in its response to this market. ADA recently announced awards for DSI and ACI systems with a potential total value of $15 million. In addition to these awards, ADA has active bids on over $119 million for ACI systems and over $140 million for DSI systems.