Jan 26 2010
Albemarle Corporation (NYSE: ALB) a global developer, manufacturer and marketer of highly engineered and innovative specialty chemical products and one of the nation’s largest providers of mercury control solutions, is pleased about the findings of a recently released GAO (Government Accounting Office) report on the cost effectiveness and efficiency of mercury control technologies for coal-fired power plants.
This is the first official government report on the cost effectiveness and efficiency of mercury control technology. According to the report, the use of activated carbon injection technology can reduce mercury emissions from coal-fired power plants by 80-90% at a cost of less than 97 cents per household per month.
“We believe this report further supports the need for safe, cost effective technologies that will significantly reduce the amount of mercury emissions to our environment,” stated Dr. Dave Clary, vice president and chief sustainability officer of Albemarle. “Our mercury control products are some of the most efficient and technologically advanced in the world. This report gives our customers the data they need to make informed decisions on installing this type of technology.”
As a company dedicated to environmental stewardship and good business practices, Albemarle understands the importance of controlling mercury emissions while preserving reasonable electricity rates for consumers. With the findings of this report, it is clear that a commercially viable and cost efficient means of controlling mercury emissions to dramatically improve the environment while also sustaining current energy sources is possible right now.
Albemarle Sorbent Technologies (AST) division supplies specialty brominated carbon sorbents, as well as advanced sorbent injection systems and is recognized for its effectiveness in helping coal-fired power plants control mercury emissions. In addition, AST provides full-scale site-trial services to aid environmental and operations managers in developing long-term strategies for compliance with state and federal mercury regulations. The AST division is part of the company’s Fine Chemicals business segment.