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Koppers is a global chemical and materials company based in Downtown Pittsburgh, Pennsylvania in an art-deco 1920's skyscraper, the Koppers Tower. The corporation is divided into two divisions: Carbon and Chemicals, and Railroad and Utility. The company specialises in manufacturing carbon chemicals from coal tar. The five main chemicals that are produced are coal pitch for steel and aluminum production, carbon black for rubber vulcanization, creosote for wood treatment, and naphthalene and phthalic anhydride for plastics and polyester. Kopper's coal tar pitches are essential to manufacturing carbon anodes for aluminum smelting. Koppers also has extensive operations making creosote treated wood products, especially railroad ties and swtiches. Utility poles, foundations, decking materials, and wooden panneling are also produced by the company. Through its subisdy, Arch Wood Protection, the corporation also develops chemicals that protect wood from being weathered.
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Koppers operates facilities in the United States, United Kingdom, Denmark, Australia, China, South Africa. Koppers sources coal tar from around the world for further processing by distillation into carbon chemicals. The Company owns its own coke oven battery in Monessen, Pennsylvania. The Monessen facility operates 57 ovens with a combined annual capacity of over 360,000 tons of coke. The company further operates coke ovens in Tangshan, People's Republic of China, and has colocated facilities near the operations of major steel makers.
The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP". The Board of Directors intends to pay an annual dividend of $0.68 a share to shareholders.
The official Koppers corporate brochure contains several haiku describing the company.
|This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Koppers". A list of authors is available in Wikipedia.|