Calgon Carbon's Hyde GUARDIAN Reaches Milestone - Analyst Blog
09 April 2014 - 5:00AM
Zacks
Calgon Carbon’s
(CCC) fully-owned subsidiary Hyde Marine, Inc. has sold the 300th
unit of its Hyde GUARDIAN ballast water treatment system (BWTS),
testifying the continuing success of the product in maritime
applications. The model HG150 BWTS will be deployed on a tug boat
for an articulated tug barge (ATB) being constructed by VT Halter
Marine for Bouchard Transportation Co.
In addition, a couple of Hyde
GUARDIAN Gold (HG1000GX-ATB) units have been sold by Hyde Marine’s
exclusive sales distributor in the U.S. and Canada – W&O Supply
– for the corresponding Bouchard Transportation ATB being
constructed at VT Halter Marine’s Pascagoula, MS, facility. These
units will be installed on the deck of the vessels, enabling the
operator to optimize space for cargo and crew.
Hyde Marine BWTS are ideal for
vessel applications which have short runs, operate in multiple
salinities or need fast turnarounds. Hyde GUARDIAN systems offer a
safe, efficient solution to address ballasting requirements without
hindering vessel operations or requiring extra crew
time.
The Hyde GUARDIAN Gold BWTS is
perfect for retrofits as it offers the compact size required by an
increasing number of ship owners and operators. Its growing
acceptance in the maritime industry is also being manifested by
installation of two systems on a new ATB being constructed at Bay
Shipbuilding Co. (BSC) in Sturgeon Bay, WI.
Hyde Marine also reported that
retrofit installations have been scheduled for eight cable laying
ships for TE SubCom’s Reliance Class vessels that are specifically
designed and built for cable maintenance and construction,
trenching, mattressing, and salvage operations. The deployments
will feature HG150 units.
Calgon Carbon, which is among the
prominent pollution control companies along with CECO
Environmental Corp. (CECE) and Donaldson Company,
Inc. (DCI), ventured into the global market for ballast
water treatment with its acquisition of Hyde Marine in
2010.
The acquisition provided Calgon
Carbon an immediate entry into a global, legislative-driven market
with major growth potential. The company’s ballast water treatment
business is rapidly evolving into one of the most exciting
longer-term market opportunities.
Calgon Carbon is a Zacks Rank #4
(Sell) stock.
Vertex Energy,
Inc. (VTNR), which also belongs to the pollution control
industry, holds a Zacks Rank #1 (Strong Buy).
CALGON CARBON (CCC): Free Stock Analysis Report
CECO ENVIRNMNTL (CECE): Free Stock Analysis Report
DONALDSON CO (DCI): Free Stock Analysis Report
VERTEX ENERGY (VTNR): Free Stock Analysis Report
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