Calgon Carbon Corporation (formerly NYSE: CCC) was founded in 1942 and is headquartered in Moon Township, Pennsylvania, USA. It has 1,334 full-time employees and mainly provides products and services in the United States, Europe and Japan to protect human health and the environment. Protected from harmful pollutants in water and air, the company is currently the world’s largest producer of granular activated carbon (adsorbent, such as used in water filtration devices).
On September 21, 2017, Calgon Carbon Corporation and Kuraray Co., Ltd. (TYO: 3405) announced that their respective boards of directors have unanimously approved, and the two parties have signed a final merger agreement According to the agreement, Kuraray will acquire Calgon Carbon for US$21.50 per share in cash, which is equivalent to a valuation of US$1.1 billion and a total transaction value of more than US$1.3 billion, including Calgon Carbon’s net debt. The goal of both parties is to complete the acquisition by the end of December 2017. The acquisition will be achieved by merging the newly established Kuraray subsidiary with Calgon Carbon, which will exist as the surviving company after the merger.
Calgon Carbon Corporation (CCC):
Calgon Carbon is the world’s largest producer of granular activated carbon. It mainly provides companies with water and air purification during food and beverage processing. Its business scope is concentrated in the United States, Europe and Japan. In addition, Calgon Carbon is also in Africa and Canada. , China, India, Latin America and other parts of Asia.
Calgon Carbon Corporation operates in 4 divisions: Activated Carbon and Service, Equipment, Consumer, and Other.
1. Activated Carbon and Service : Production and sales of granular and powdered activated carbon, which are used to remove organic compounds in various liquids, gases, water and air; also provide customer service items, including processing waste activated carbon, leasing, monitoring and maintenance Activated carbon filtration equipment, providing groundwater extraction and treatment system with ion exchange technology.
2. Equipment : Provide a liquid phase equipment system; and apply to control the emission of volatile organic compounds, close the waste gas generated by gas removers and landfills, and liquid phase storage tank equipment systems (applied in drinking water treatment, purification treatment, wastewater Treatment, groundwater repair, dechlorination treatment); UV oxidation equipment is also provided to remove the taste and odor of urban drinking water, ion technology separation equipment (applied in the purification and separation process of food, pharmaceutical, mining, chemical, and biotechnology industries) .
3. Consumer : Provide cloth activated carbon cloth used in medical, military and professional fields.
4. Other : Provide granular and powdered wood-based activated carbon, coal-based activated carbon reactivation, and diatomite and perlite filter media for various market applications.
Calgon Carbon’s products are mainly sold through direct sales, sales offices, agents, distributors, and online sales. The service targets include enterprises in the fields of drinking water, industry, water treatment, environmental air maintenance, and food.
Calgon Carbon Corporation (CCC) subsidiary:
- European subsidiary-Chemviron Carbon
- Japanese subsidiary-Calgon Carbon Japan KK
- Thailand subsidiary-Calgon Carbon Thailand Ltd.
- yde Marine, Inc.
Calgon Carbon Corporation (CCC) history:
- In 1942, Pittsburgh Coke & Chemical Company was founded as the predecessor of the company;
- In 1955, Pittsburgh Coke and Chemical launched the “Pittsburgh pulse bed” system;
- In 1965, Calgon Corporation acquired Pittsburgh Activated Carbon Company; after the acquisition, the company was split into 6 autonomous departments, and Pittsburgh Activated Carbon Company was one of them;
- In 1968, Merck & Co. acquired Calgon Corporation;
- In 1978, Calgon Corporation established a joint venture with Mitsui Chemicals (Mitsui Chemicals Co., Ltd., TYO: 4183) and Mitsui & Co (Mitsui & Co., Ltd., TYO: 8031, OTC Pink: MITSY) to enter the Japanese market;
- Until 1985, Calgon Carbon was a division of Merck Pharmaceuticals. In this year, the management of Calgon Carbon bought out the company’s equity from Merck through leveraged buyouts;
- In 1987, Calgon Carbon IPO;
- In 1991, Calgon Carbon Corporation landed on the New York Stock Exchange;
- In 1996, Calgon Carbon Corporation acquired Vulcan Peroxidation Systems in Arizona, Solarchem Enterprises in Ontario, Canada, Advanced Separation Technologies in Florida, and Charcoal Cloth (International) in the United Kingdom;
- In 1997, Calgon Carbon Asia, a Singapore subsidiary of Calgon Carbon Corporation, was established;
- In 2002, a processing plant was established in China; a joint venture company was established with Japan’s Mitsubishi Chemical Corporation ( Mitsubishi Chemical Corporation );
- In 2004, acquired Waterlink Specialty Products;
- In 2006, Calgon Carbon (Thailand) Ltd., a joint venture company established with C. Gigantic Carbon (Gigantic), entered the Thai market;
- In 2010, acquired Chemivron Carbon distributor Zwicky Denmark and Sweden; Calgon Carbon also bought shares of Hyde Marine;
- In 2011, Calgon Carbon Japan KK (CCJ), a joint venture between Calgon Carbon and Mitsubishi Chemical Corporation, became a wholly-owned subsidiary of Calgon Carbon Corporation;
- In June 2012, former Bayer Corporation executive and Lanxess Corporation CEO Randy Dearth succeeded John Stanik (retired) as the company’s CEO;
- In February 2014, signed a contract for water treatment in Palmdale Water District, California, for a period of 10 years, serving approximately 115,000 people;
- At the end of February 2014, it was announced that it signed a contract with South Korea’s Daewoo Engineering and Construction Corporation to supply granular activated carbon for drinking water treatment and remove peculiar smells;
- In November 2014, the US Department of Commerce announced that it would impose excess tariffs on activated carbon imported from China, doubling the average import tax. Calgon Carbon will benefit;
- As of 2015, Calgon Carbon operates fifteen manufacturing plants in the United States, Asia and Europe, with approximately 1,100 employees.