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OGLEBAY NORTON WINS FLUE GAS DESULPHURIZATION CONTRACTS.

Oglebay Norton Company (Pink Sheets: OGBY.PK,), Cleveland, has recently secured two multi-year limestone supply agreements for application in the Flue Gas Desulphurization (FGD) market. The contracts are with American Electric Power (NYSE:AEP) and FirstEnergy Corp. (NYSE:FE) . By 2010, total tonnage supplied to these two customers will be approximately 1.1 million tons per year. Currently, Oglebay Norton serves 20 FGD customers with approximately 1.4 million tons of limestone and lime per year.

Flue Gas Desulphurization is the process of removing sulfur dioxide emissions from combusted coal to assist operations in complying with emissions requirements such as the Clean Air Interstate Rule issued by the U.S. Environmental Protection Agency in 2005. When high calcium limestone or lime is utilized in the FGD process a generated by-product is synthetic gypsum which is suitable for use in wallboard, cement and various agricultural applications.

Michael Lundin, Oglebay Norton President and CEO, said that, "Securing these contracts is consistent with our previously stated strategy of focusing on growth in our four principal end markets: industrial, building products, energy and environmental. We believe that the quality, location and production capacity of our lime and limestone operations allows us to provide the long term value necessary to actively pursue and secure additional supply contracts in this growing end market."

Oglebay Norton Company, a Cleveland, Ohio-based company with a 150-year tradition of service, provides essential minerals and aggregates to a broad range of markets, from building materials and environmental remediation to energy and industrial applications.

For more information, visit http://www.oglebaynorton.com or call 216/861-8941.
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Publication:Industrial Environment
Date:Mar 1, 2007
Words:264
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