- Chart Industries, Inc. (NYSE:GTLS) division ChartWater and Kuraray Co., Ltd. (OTC:KURRY) subsidiary Calgon Carbon formally revealed an agreement signed in 2021 to jointly offer drinking water systems using granular activated carbon to under-resourced rural areas.
- Under the terms of the agreement, Calgon Carbon will refer all communities in the U.S. requiring treatment of up to ~175 gallons per minute to ChartWater's AdEdge Water Technologies, which will source all related GAC from Calgon Carbon.
- According to the U.S. EPA's Safe Drinking Water Act, there are over 140,000 small drinking water systems in the U.S.
- Price Action: GTLS shares are trading lower by 3.30% at $180.70 on the last check Thursday.
