Westmoreland and Tata Chemicals Sign Extension of Long-Term Coal Supply Agreement
Westmoreland Coal Company (NasdaqGM:WLB), through its subsidiary Westmoreland Kemmerer, Inc., has today announced the signing of a long-term coal supply agreement with Tata Chemicals North America Inc. in order to supply coal from the Kemmerer Mine. The new agreement replaces the existing contract which was set to terminate in 2016. The agreement extends the contract through 2026.
“Tata Chemicals North America is a valued partner of Westmoreland at our Kemmerer Mine and we are extremely pleased to have extended our contract with Tata Chemicals till 2026,” said Keith Alessi, Chief Executive Officer. “The contract provides the Kemmerer Mine a long-term partnership with a key industrial customer and we look forward to a continued beneficial relationship,” he added.
“We are very proud to extend our partnership with a company that has been an essential part of the community in this state in the recent years. Both Tata Chemicals North America Inc. and Westmoreland have storied histories that date back over a century, with our mines and operations in Wyoming now an important part of our respective businesses. We take pride in being able to foster and support this significant economic activity in Wyoming,” said Martin Keighley, Managing Director of Tata Chemicals North America Inc.
Soda ash is a key industrial chemical, used principally for the manufacturing of glass, and also in a number of consumer products including toothpaste, laundry soap and baking soda. At Tata Chemical’s facility in Green River Wyoming, hydrated sodium bicarbonate carbonate (Na3HCO3CO3-2H2O), or trona, is mined and refined through a heating process to produce soda ash.
About Westmoreland Coal Company
Westmoreland Coal Company is the oldest independent coal company in the United States. Our coal operations include sub-bituminous and lignite coal mining in the Western United States and Canada. Its power operations include ownership of the two-unit ROVA coal-fired power plant in North Carolina.
About Tata Chemical North America
A part of the over US$ 100 billion Tata Group, Tata Chemicals Limited (TCL) is a global company with interests in businesses that focus on LIFE — Living, Industrial and Farm Essentials. The story of the company is about harnessing the fruits of science for goals that go beyond business. Tata Chemicals North America is one of the world's leading producers of high-quality soda ash. Headquartered in New Jersey, TCNA's manufacturing operations are based in Green River, Wyoming, USA. For more information visit: http://www.tatachemicals.com/north-america/.
Contact
Westmorland Coal
Kevin Paprzycki, 855-922-6463
or
Tata Chemicals North America
Matthew Clark, 202-728-8766
