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United States

Profile: Advanced Emissions Solutions Inc (ADES.O)

ADES.O on Consolidated Issue listed on NASDAQ Global Market

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15 Dec 2017
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Advanced Emissions Solutions, Inc., incorporated on March 10, 2011, is a holding company for a family of companies that provide emissions solutions to customers in the coal-fired power generation, industrial boiler and cement industries. The Company is engaged in providing environmental and emissions control equipment, technologies and specialty chemicals to the coal-burning electric power generation industry. The Company operates through two segments: Refined Coal (RC) and Emissions Control (EC). The Company, through its subsidiaries and joint ventures, offers emissions control technologies and associated equipment, chemicals and services. Its activities include development and sale of technology to reduce emissions and improve operations of coal-fired boilers used for power generation and industrial processes; development and sale of equipment, consulting services, specialty chemicals and other products designed to reduce emissions of mercury, acid gases, metals and other pollutants and the providing of technology services in support of its customers' emissions compliance strategies; research and development of technologies and other solutions to cleaner energy, and through Clean Coal Solutions, LLC (CCS), reduction of mercury and nitrogen oxide (NOX) emissions at select coal-fired power generators, through the burning of RC produced by RC facilities placed in service by CCS.

The Company provides environmental control equipment, chemicals and technologies to its primary market that consists of approximately 850 coal-fired electrical generation units and over 600 coal-fired boilers that produce steam for industrial processes and heating. The Company's sales occur principally throughout the United States.

RC

The Company's RC segment is engaged in equity method investments, as well as royalty payment streams and reducing emissions of both NOX and mercury from coals. The Company's equity method investments related to the RC segment include CCS and Clean Coal Solutions Services, LLC (CCSS). CCS owns, leases or sells facilities used in the production of RC. The RC facilities are located at coal-fired generation stations owned by regulated utilities, cooperatives, government agencies and wholesale power generators (Generators). The RC produced by the RC facilities is used by the generators as fuel in the coal-fired boilers to produce electricity. CCSS operates and maintains RC facilities. CCSS also arranges for the purchase and delivery of certain chemical additives, which include the chemicals required for its CyClean, M-Prove, M-45 and M-45-PC technologies.

EC

The Company's EC Segment includes systems and equipment-activated carbon injection, dry sorbent injection system and other systems; consulting services, and chemicals. The Company supplies activated carbon injection (ACI) systems for the coal-fired electric industry. The Company develops and sells other environmental equipment systems, such as ADAir-Mixer in-duct technology and ProRak mercury process analyzers. The Company supplies dry sorbent injection systems (DSI) for the electric utility industry through its subsidiary, BCSI, LLC (BCSI). DSI systems inject dry alkaline sorbents to control acid gases, such as Sulfur Trioxide (SO3) and Hydrogen Chloride (HCl). Its DSI technology is also used to control Sulfur Dioxide (SO2). It also offers consulting services to assist electric power generators, the electric utility industry and others in planning and implementing strategies. The Company develops and sells other consulting and analytic services, such as ADA Health Check and continuous and predictive emissions monitoring systems and solutions.

The Company's M-Prove pre-combustion coal treatment technology involves the application of chemicals to coal. This technology reduces mercury emissions and also can reduce the amount of activated carbon or other sorbents, or eliminate the need to use sorbents, for mercury capture at certain coal-fired power plants. The application of M-Prove technology to Western coals, such as Powder River Basin (PRB) and lignite, can reduce emissions of mercury by 40% to 90%, and in some cases may, as a sole treatment option, be sufficient to meet Federal Mercury and Air Toxic Standards (MATS) compliance. The Company licenses certain emissions control technologies to CCS for the production of RC. ADA's CyClean, M-45 and M-45-PC technologies all incorporate the M-Prove additive, along with other additives, to reduce emissions of both mercury and NOX from coal-fired boilers. ADA-ES, Inc. (ADA) licenses its CyClean technology to CCS for use with cyclone boilers for the life of the patents. ADA licenses its M-45 technology to CCS (the M-45 License) to provide and use either the CyClean or M-45 technology to produce RC.

The Company has deployed technologies for conditioning flue gas streams from coal-fired combustion sources. Its flue gas conditioning chemical allows existing air pollution control devices, such as electrostatic precipitators (ESPs), to operate without the use of traditional SO3 additives. Such treatment of the flue gas stream allows for collection of fly ash particles that would otherwise escape into the atmosphere. The use of the chemical blends may help existing marginally sized ESPs continue to operate when applied in combination with other chemicals, such as hydrated lime, activated carbon products or other materials. Its flue gas conditioning chemical is sold under RESPond name.

The Company competes with Chem-Mod LLC, Cabot Corporation, Alstom Power, The Babcock & Wilcox Company, United Conveyor Corporation, Nol-Tec Systems, Inc., Clyde Bergemann, Inc. and Nalco-Mobotec.

Company Address

Advanced Emissions Solutions Inc

640 Plaza Dr Ste 270
HIGHLANDS RANCH   CO   80129-2508
P: +1720.5983500
F: +1302.6365454

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