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CALGON CARBON Corp

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2017 10-K, filed Mar 1, 2018. Its latest SEC filing is a SC 13G/A from Apr 10, 2018.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Sells activated carbon, water-purification equipment and filtration media to municipalities, industrial processors, and food and beverage manufacturers.

How Did They Make Money?

Customers are charged when goods ship or services are performed. Major equipment projects use fixed prices and bills tied to project milestones.

FY2017 revenue

Who Were Their Customers?

The company sells purification products and systems to municipalities and industrial, food and beverage customers. Its U.S. and European sales forces sell directly, while agents and distributors also serve some markets; in Asia Pacific it uses both direct sales and agents or distributors.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2017 and turned 1 cent into free cash flow.

Operating income, FY2017
7% of revenue
▲ +72% vs FY2016 ($24.5M, 5%)
Net income, FY2017
3% of revenue
▲ +53% vs FY2016 ($13.8M, 3%)
Free cash flow, FY2017
1% of revenue
▼ −81% vs FY2016 ($37.1M, 7%)

How Were They Changing?

Since the FY2017 annual report
  • Mar 12, 2018 Kuraray completed its acquisition of Calgon Carbon Kuraray paid approximately $1.1 billion, excluding repayment of Calgon Carbon's bank debt; Calgon Carbon became a wholly owned subsidiary of Kuraray.

Grew. Revenue grew 13% in 4 years, from $547.9M in FY2013 to $619.8M in FY2017, about 3% a year.

Added mineral filtration media The older report describes activated carbon, purification equipment and carbon cloth; the latest includes diatomaceous earth and perlite filtration media from the acquired CECA business.

Who Did They Compete With?

Competes with Norit, Ingevity, Jacobi Carbons, Evoqua Water Technologies, ADA Carbon Solutions, EP Minerals, Imerys, Dicalite, Trojan Technologies, Xylem, Panasia, Alfa Laval, and Optimarin

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