UPDATE 1-Calgon Carbon announces new $95 mln credit facility

* Says closed new 5-yr $95 mln credit facility

* Says new facility replaces existing $60 mln facility

May 11 (Reuters) - Calgon Carbon Corp (CCC.N) said it closed a new five-year $95 million revolving credit facility, to replace its existing revolver.

"The facility gives the company approximately three additional years and access to at least $35 million more than our prior facility," Chief Financial Officer Lero Ball said.

Calgon, whose products are used in food processing, wastewater treatment, and emissions control added the new facility will expire in May 2014 and includes a feature, which, under certain conditions, would increase the facility to $125 million.

The new facility will replace the company's existing $60 million asset-based credit facility, which was scheduled to mature in May 2011.

First Commonwealth Bank acted as the administrative, collateral and syndication agent for the facility, which also included Citizens Bank of Pennsylvania and First National Bank of Pennsylvania as participants, the company said.

Shares of the Pittsburgh-based company closed at $13.24 Monday on the New York Stock Exchange.

For the alerts, double-click [ID:nWNAB7703] (Reporting by Shradhha Sharma in Bangalore; Editing by Jarshad Kakkrakandy)