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Tag: Charah Solutions

MANUFACTURERS – NOVEMBER 2018

Concrete News
Jeff

A new thermal beneficiation technology from Charah Solutions, Louisville, Ky., improves finished fly ash quality by reducing loss on ignition, ammonia, activated carbon and moisture in raw feeds. The proprietary MP618 Multi-Process suits both wet and dry ash streams and offers these company-cited advantages over competing technologies: Lower cost profile; efficient footprint with self contained environmental controls that can be deployed in weeks versus years; and, modular design that can be scaled to market demand.

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Thermal beneficiation process equips Charah to step up ash output

Concrete News

Sources: Charah Solutions, Louisville, Ky.; CP staff

Charah Solutions’ new thermal beneficiation technology improves finished fly ash quality by reducing loss on ignition, ammonia, activated carbon and moisture in raw feeds. The proprietary MP618 Multi-Process suits both wet and dry ash streams and offers these company-cited advantages over competing technologies: Lower cost profile; efficient footprint with self contained environmental controls that can be deployed in weeks versus years; and, modular design that can be scaled to market demand.

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Charah raises $88 million in initial public offering

Concrete News

Sources: Charah Solutions Inc., Louisville, Ky.; Renaissance Capital, Greenwich, Conn.; CP staff

Fly ash marketer and coal combustion byproducts management specialist Charah has begun trading on New York Stock Exchange under the symbol, CHRA. In a June 14 initial public offering, the company and key stockholders raised $88 million through the sale of 5,294,117 and 2,058,824 shares, respectively. The pool represents an approximately 23 percent stake in a business that reported 2017 sales of $430 million from two segments: Environmental Solutions, anchored by fly ash and bottom ash management and marketing contracts at coal-fired power stations; and, Maintenance and Technical Services, geared to fossil fuel- and nuclear-powered facility operators. 

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