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February 8, 2013
11:24 EDTCCCCalgon Carbon: U.S. ITC extends antidumping order on imports from China
Calgon Carbon reported that the U.S. International Trade Commission announced that the antidumping order on imports of steam activated carbon imported into the U.S. from China will remain in effect for at least five years. Importers of Chinese activated carbon will be required to make cash deposits of estimated antidumping tariffs when the carbon enters the U.S. Tariff rates will be determined annually by the U.S. Department of Commerce. At the end of the five-year period, the DOC and ITC will conduct a second "sunset" review to determine if the antidumping order should be continued. The current average tariff rate which, was announced by the DOC in November of 2012, is 47c per pound and will remain in effect until November 2013. Calgon Carbon's tariff on activated carbon imported into the U.S. from China is currently $0.00. Randy Dearth, Calgon Carbon's president and CEO, commented, "We are very pleased with the ITC's decision, and are optimistic that during the next five years the antidumping order on Chinese activated carbon will encourage fair market pricing that reflects demand and manufacturing costs for activated carbon produced in the U.S."
News For CCC From The Last 14 Days
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February 19, 2015
11:00 EDTCCCCalgon Carbon says it plans to be 'more active' in acquisitions
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11:00 EDTCCCCalgon Carbon sees FY15 CapEx $80-$85M
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11:00 EDTCCCCalgon Carbon announces new cost saving initiative to see savings of $10M
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10:58 EDTCCCCalgon Carbon sees Q1 revenue growth 3%-5%, consensus $138.81M
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08:13 EDTCCCCalgon Carbon declares dividend of 5c per share
Calgon Carbon’s Board of Directors declared a quarterly cash dividend of 5c per share to its shareholders of record on March 5 which will be paid on March 15. Randy Dearth, Calgon Carbon’s Chairman, President and CEO commented, “I am extremely pleased with the Board’s decision to declare a cash dividend for the first time since 2005, as it reflects confidence that we have transformed Calgon Carbon into a company with exciting growth opportunities, sustainable earnings, and solid cash flows. When added to further stock repurchases and additional investments in our plants, the dividend becomes part of our comprehensive program to increase shareholder value.”
08:12 EDTCCCCalgon Carbon reports Q4 EPS 23c, consensus 23c
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