NEWS RELEASE                                                                                                                OCTOBER 2012

FGD Market Shifts toward East Asia

China is expanding its program to reduce SO₂ emissions from coal-fired power plants at the same time the U.S. program is mired in battles over regulatory minutiae. The result is a slight increase in FGD revenues in 2013, but a reduced forecast for NAFTA. This is the latest finding in FGD World Markets published by the McIlvaine Company.

In the revised 2013 forecasts, the revenues will increase by $200 million to $7.8 billion. The NAFTA market is adjusted downward by $200 million while the East Asia market is adjusted upward by $400 million.

FGD Revenues ($ Millions)

One of the contributors to the East Asia increase is the Chinese program to upgrade efficiency of existing scrubber systems. In the U.S., the negative effect is the delayed implementation of some of the dry FGD systems which will remove both SO₂ and HCl.

For more information on: FGD World Markets, click on: http://www.mcilvainecompany.com/brochures/air.html#N027