Profile: ADA-ES Inc (ADES.O)

ADA-ES, Inc. (ADA), incorporated in 1997, develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. The Company’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc., ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC. ADA holds a 42.5% controlling interest in Clean Coal Solutions, LLC. It operates in three segments: Refined coal (RC), Emission control (EC) and CO2 capture (CC). The Company is a supplier of mercury control equipment and services to the EC markets. It also offers dry sorbent injection systems (DSI) to control SO2 and acid gases. Products, such as the Company's CyCleanTM and M-45TM technologies, its pre-combustion coal treatment processes that provide electric power generators mercury emission control. In September 2012, it acquired the assets of Bulk Conveyor Specialist Inc. and Bulk Conveyor Services, Inc.

The Company’s activities include development and marketing of the Company's RC technologies, including leasing of RC facilities for control of nitrous oxides (NOx) and mercury, which also qualifies for certain tax credits, through its Clean Coal joint venture with NexGen Refined Coal, LLC, an affiliate of NexGen Resources Corporation (NexGen), and GSFS Investments I Corp. (GSFS), an affiliate of The Goldman Sachs Group, Inc. (GS); development and sale of systems, field testing, chemicals and services primarily related to control of emissions of mercury, acid gases, sulfur dioxide (SO2) and particulate matter for coal and solid fuel fired boilers used in electric generation, and research and development of carbon dioxide (CO2) capture technology through contracts supported by the Department of Energy (DOE) and industry participants. It also includes development of a technology that allows coal to be burned with lower mercury emissions.

Refined Coal

The Company licensed the technology, including the claims contained in certain patents, to Clean Coal upon formation of this joint venture. Clean Coal supplies chemicals, additives, equipment and technical services to cyclone-fired boiler users.

Emission Control

Activated Carbon Injection (ACI) Systems control technology to address mercury emissions and are being deployed to meet existing state and new plant regulations. In addition to the mercury control applications, the Company has also developed and is offering commercial Dry Sorbent Injection systems to inject dry alkali sorbents for control of acid gases, such as SO3 and HCl, as well as for control of the criteria pollutant SO2. The Company has developed and deployed technologies for conditioning flue gases streams from coal-fired combustion sources that allow existing air pollution control devices. Through various suppliers and contractors, it manufactures engineered units for each individual application. It offers consulting services to assist electric power generators in planning and implementing strategies to meet new government emission standards requiring reductions in Sulfur Dioxide (SO2), Nitrogen Oxide (NOx), particulates, acid gases and mercury. This includes demonstrations of its commercial products.

CO2 Capture

The DOE issues solicitations periodically for various research, development and demonstration (R&D) projects. DOE solicitations range in subject matter, and the Company submits proposals for those solicitations that fit its mission, strategic plan and capabilities.

The Company competes with Norit Americas, Inc., United Conveyor Corporation, The Babcock & Wilcox Company, Clyde Bergemann, Inc. Nol-Tec Systems, Inc., Nalco Mobotec and SPE AMEREX.