The initial phase of the expansion plan includes an investment by ADES of $45-50 million with the option to expand the scope of the plant up to $251 million at the Company's sole discretion based on realized growth, forecasts, hiring plans, and other factors.
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GREENWOOD VILLAGE, Colo., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), a producer of activated carbon, and other environmentally efficient carbon products for use in purification, sustainable energy, sustainable materials and energy transition, today announced that Jeremy "Deke" Williamson has been appointed as Chief Operating Officer ("COO") effective September 18, 2023. Robert Rasmus, CEO of ADES commented, "I would like to welcome Deke to the ADES team in his role as COO. Deke is a proven leader. He has extensive experience optimizing plant operations and successfully completing construction and expansion projects on,
GREENWOOD VILLAGE, Colo., July 17, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), a leader in emissions control solutions for power generation, industrial and municipal water purification markets, today announced that Mr. Robert "Bob" Rasmus has been appointed to succeed Greg Marken as the Company's President and Chief Executive Officer on July 17, 2023. L. Spencer Wells, Chairman of the Board, commented, "On behalf of the entire Board of Directors, I want to thank Greg for his service to the Company and his leadership for the past three years. Greg took over as CEO during an uncertain time at the height of the COVID-19 pandemic, and i
GREENWOOD VILLAGE, Colo., April 14, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), a leader in environmental solutions for power generation, industrial and municipal water purification markets, today announced the appointment of Laurie A. Bergman to the Company's Board of Directors. Ms. Bergman will join as the chair of the Audit Committee. Ms. Bergman will be appointed to fill the vacancy caused by Mr. Taylor Simonton resignation effective immediately prior to the annual meeting of stockholders on June 13, 2023 ("Company's Annual Meeting"), and Ms. Bergman will stand for election by the Company's stockholders at the Company's Annual Me
GREENWOOD VILLAGE, Colo., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES") an environmental technology company producing activated carbon and other unique carbon solutions for use in water, air and soil purification, sustainable energy, sustainable materials, and energy transition applications, today filed its Quarterly Report on Form 10-Q and reported financial results for the quarter ended September 30, 2023. Business Highlights Substantial progress toward the optimization of the Company's Powder Activated Carbon ("PAC") portfolio through elimination of unfavorable contracts and shift toward more favorable market opportunities
GREENWOOD VILLAGE, Colo., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES") today announced the Company expects to release its third quarter 2023 financial results and file its Quarterly Report on Form 10-Q for the period ended September 30, 2023 after market close on Wednesday, November 8, 2023. A conference call to discuss the Company's financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Thursday, November 9, 2023. The conference call webcast information will be available via the Investor Resources section of ADES's website at www.advancedemissionssolutions.com. Interested parties wishing to join the call ma
GREENWOOD VILLAGE, Colo., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES") a leader in activated carbon environmental solutions for power generation, industrial, municipal water purification and remediation markets, today filed its Quarterly Report on Form 10-Q and reported financial results for the quarter ended June 30, 2023. Business Highlights Completed the integration of Arq teams, systems and assets.Submitted the last permit needed for Red River Plant to begin construction.Purchases of various long-lead time components related to the expansion projects has begun.Continued progress on capital projects to expand product offe
Shares to commence trading under the new Nasdaq ticker "ARQ" on February 1, 2024, with Company celebrating event by ringing the Nasdaq opening bell in New York Reflects strategic evolution to a leading North American environmental technology company GREENWOOD VILLAGE, Colo., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the completion of its previously announced corporate rebrand from Advanced Emissions Solutions, Inc. ("ADES") to Arq, Inc. The Company will begin trading on the Nasdaq Global Market under
GREENWOOD VILLAGE, Colo., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), an environmental technology company producing activated carbon and other unique carbon solutions for use in water, air and soil purification, and sustainable materials, today announced that it has executed the contract with Wieland Davco Corporation ("Wieland") for the construction of its strategic Granular Activated Carbon ("GAC") facility at its Red River plant in Coushatta, LA ("Red River"). Mobilization of construction operations has already commenced and the mechanical completion of the project is anticipated by Q4 2024, as forecasted. The contract i
Reflects strategic evolution to a leading North American environmental technology company Corporate rebrand and NASDAQ ticker change to "ARQ" effective February 1, 2024 GREENWOOD VILLAGE, Colo., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced a corporate rebrand to Arq, Inc. ("Arq"), expected to be effective before market open on Thursday, February 1, 2024. This corporate rebrand follows ADES's completed acquisition of substantially all of the assets of Arq Limited and all o
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Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES"), an environmental technology company producing activated carbon and other unique carbon solutions for use in water, air and soil purification, and sustainable materials, today announced that it has executed the contract with Wieland Davco Corporation ("Wieland") for the construction of its strategic Granular Activated Carbon ("GAC") facility at its Red River plant in Coushatta, LA ("Red River"). Mobilization of construction operations has already commenced and the mechanical completion of the project is anticipated by Q4 2024, as forecasted. The contract is being executed by Wieland on a "Cost-Plus" basis. The Company
Advanced Emissions Solns (NASDAQ:ADES) reported quarterly losses of $(0.07) per share which beat the analyst consensus estimate of $(0.11) by 36.36 percent. This is a 46.15 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $29.83 million which beat the analyst consensus estimate of $25.50 million by 16.98 percent. This is a 4.90 percent increase over sales of $28.44 million the same period last year.
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