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News Breaks | | | | March 19, 2013 | | 10:30 EDT |  | CBT | Cabot reports receipt of operating permits for new mine in Texas
Cabot Corporation announced that Cabot Norit Activated Carbon has received operating permits for its new mine near Marshall, Texas. As part of Cabot’s strategic plan to meet the anticipated quadrupling of demand for activated carbon for use in the coal-fired utility market, this investment is expected to begin production in 2014 and produce lignite for approximately 50 years, Cabot said. In addition to these operating permits for the new mine, Cabot has also secured permits and developed plans for seven new manufacturing lines in North America that give Cabot the ability to significantly increase current production capacity of their mercury control products. In preparation for the new mine, Cabot has purchased and relocated a dragline to the new mine site. | |
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