Fly Ash Byproduct Will be Recycled and Sold for Beneficial Use into the Ready Mix Concrete Industry
LOUISVILLE, KY (February 10, 2022) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of mission-critical environmental services and byproduct sales to the power generation industry, today announced that it has been awarded a fly ash sales and marketing contract from a western utility for the sustainable recycling of fly ash from its plant.
Charah Solutions will be responsible for the beneficiation and utilization of the specification grade fly ash. The fly ash will be distributed through Charah Solutions’ MultiSource® materials network, a unique distribution system of nearly 40 nationwide locations, with international sourcing and distribution, which provides a continuous and reliable supply of supplementary cementitious materials (SCMs) to cement and concrete producers to make “green concrete” as well as other customers who beneficially reuse the products. It is anticipated that 100% of the fly ash will be shipped by rail to markets on the west coast.
As a sustainability leader in utility services for over 30 years, Charah Solutions is dedicated to preserving our natural resources in an environmentally-conscious manner through ash recycling and marketing projects. Sustainability is a core value at Charah Solutions and our business is focused on developing innovative solutions to complex environmental issues for the betterment of the planet, the communities in which we operate and our customers. The beneficial use of fly ash in concrete products offers benefits in both the hardened and plastic state of concrete. In addition to improving the finish product quality, using fly ash in green concrete products and other applications not only eliminates the need to dispose of fly ash in landfills, it also significantly reduces the overall carbon footprint and conserves our natural resources by replacing materials that would otherwise have to be mined and processed for these products.
“Charah Solutions is nationally recognized in the power generation industry as a total solutions company, providing unparalleled service and innovation in a sustainable manner to meet the evolving and increasingly complex needs of our utility partners,” said Scott Sewell, Charah Solutions President and CEO. “We are delighted to partner with another utility customer to manage their ash marketing needs while supplying our concrete producers with the high-quality material they need and holding true to our environmental commitments and goals to reduce the carbon footprint.”
Click here to see a complete map of Charah Solutions’ MultiSource materials network locations.
About Charah Solutions, Inc.
With 30 years of experience, Charah Solutions, Inc. is a leading provider of environmental services and byproduct sales to the power generation industry. Based in Louisville, Kentucky, Charah Solutions assists utilities and independent power producers with all aspects to sustainably manage and recycle ash byproducts generated from the combustion of coal in the production of electricity. The Company also designs and implements solutions for ash pond management and closure, landfill construction, fly ash sales, and structural fill projects. Charah Solutions is the partner of choice for solving customers’ most complex environmental challenges, and as an industry leader in quality, safety, and compliance, the Company is committed to reducing greenhouse gas emissions for a cleaner energy future. For more information, please visit https://charah.com/ or download our 2020 Environmental, Social and Governance (ESG) Report at https://charah.com/sustainability/.
MultiSource is a trademark of Charah, LLC. in the United States.
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