Westmoreland Coal to Expand Activated Carbon Manufacturing Capacity with Cabot

Westmoreland Coal Company (NASDAQ:WLB), together with joint venture partner Cabot Corporation (NYSE:CBT) intends to increase its carbon manufacturing capacity in North America.

As quoted in the press release:

The joint venture partners plan to double the capacity of their Bienfait, Saskatchewan manufacturing facility to meet the future demand for mercury removal products for use in the coal-fired utility market.

The jointly owned facility will produce an additional 35 million pounds of powdered activated carbon. The Bienfait plant will continue to be served from a co-located mine that is operated by Westmoreland. The additional capacity will be commissioned in 2016.

Westmoreland Coal CEO, Keith E. Alessi, said:

We are pleased with the expansion and deepening of our relationship with Cabot. Our activities in the activated carbon industry enable us to increase our presence in the industrial environmental market.

Click here to read the Westmoreland Coal Company (NASDAQ:WLB) press release