2008 News

Medicine Hat, Alberta, Canada

October 9, 2008 -- Effective today, Dave Petrie has been appointed President of Cancarb Limited. Dave replaces David Carmichael who has left the company to pursue other business interests.

“Cancarb, like so many other companies, will face significant challenges in the coming months.” says Dave.  “I am completely confident of the Cancarb team’s ability to respond and I am proud to be a part of that team”.

Dave has been with Cancarb since 1996, holding progressively responsible management positions.  His most recent role was as Director, Marketing, responsible for global marketing of the company’s Thermax® brand medium thermal carbon black products as well as for customer service, logistics, and quality assurance.

Cancarb is the world’s largest manufacturer and marketer of thermal carbon black with customers on six continents. The company also operates a power plant that uses waste heat from the carbon black process to produce approximately 26 megawatts of electricity for sale to the City of Medicine Hat. In addition, Cancarb has a significant distribution business, offering products complementary to its own to the rubber industry in the Americas.

Cancarb Limited and Nordmann, Rassmann GmbH announce extension of Thermax® distribution partnership to Switzerland

June 4, 2008 -- Cancarb Limited and Nordmann, Rassmann GmbH (NRC) are pleased to announce they have extended their partnership for the distribution of Cancarb’s Thermax® brand Thermal Carbon Black products to include Switzerland effective July 10, 2008. Currently NRC distributes Cancarb’s range of Thermax® thermal carbon black in Germany and Austria.

“NRC has been a very good partner for Cancarb and the end users of Thermax® in the markets of Germany and Austria. We know that the same level of service and technical support for Thermax® will be welcomed in the Swiss market” said David Carmichael, President, Cancarb Limited.

“Cancarb’s medium thermal carbon black is a premium line of products that has complemented our existing portfolio of specialty polymers very well,” says Edgar Nordmann, Managing Director and co-owner of NRC. “We look forward to offering our complete portfolio including Thermax® to the Swiss market.”

Cancarb is the global leader in the production and marketing of Thermal Carbon Black with customers in 45 countries. Our plant, located in Alberta, Canada, uses state of the art technology to ensure that our Thermax® brand products are of the highest quality and consistency and are produced efficiently and in an environmentally responsible manner. Visit Cancarb on the Internet at www.cancarb.com for more company information. Cancarb is owned and operated by TransCanada, www.transcanada.com . TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP.

NRC is a provider of natural and chemical raw materials, additives and specialty chemicals from all over the world in combination with the relevant know-how for their use. NRC represents internationally active raw material producers in Germany, Austria and central and Eastern Europe and counts among its customers companies in the rubber, plastics, construction, paper, waste water, varnish, adhesive, cosmetic, pharmaceutical and foodstuffs industries. Visit NRC on the Internet at www.nordmann-rassmann.com for more company information.

For further information, please contact:

Cancarb Limited: Mr. Dave Petrie: +1-403-527-1121

Nordmann, Rassmann: Mr. Andreas Mittmann, Phone: +49 (40) 36 87 243

College president pleased with affirmation of expansion funds

Jan 15, 2008 - Premier Ed Stelmach's announcement of support for three Medicine Hat College expansion projects came as no surprise to college president Ralph Weeks. The provincial government's 20-year strategic capital plan listed renovations and expansions to the school's F-wing, the Power Engineering area and the trades and technology training area.

"We were aware the funding was coming but we're glad it's being announced again," said Weeks. "Funding like this doesn't just happen. A lot of work goes into it so it's great to see it reaffirmed."

The total cost of the projects is more than $36 million. The power engineering lab will cost approximately $8.5 million and the trade’s expansion another $5 million. The power engineering project is expected to be completed by December, 2008.

Cancarb announced Tuesday it was injecting $100,000 into the project. As a local employer of power engineering graduates, President David Carmichael said the company wanted to throw its support behind the college's prominent engineering program.

"We hope with this new lab the college can attract more students. Cancarb is extremely fortunate that the Medicine Hat College offers a top quality power engineering program. We hire a number of grads and it would be much more difficult if we had to recruit them from Edmonton or Calgary," said Carmichael.

Cancarb and the college have a good synergism and he said donating to the project "just made sense."

"Working with industry is necessary and we feel privileged they are recognizing us not just financially, but obviously they have confidence in us," said Weeks.

As a result of Cancarb's generous contribution, Plant 1 within the new training facility will proudly be named the Cancarb Power Engineering Laboratory.

There is also a plan for upgrades to the F-wing of the college. It will house business programs, international education and the student association.

This summer the driveway coming in from the traffic lights is being re-routed so vehicles won't have to drive through the parking lot to get to the front entrance and pedestrians won't have to dodge cars, said Weeks.

The capital plan sets directions for infrastructure based on demographic and economic forecasts, the need for capital maintenance and renewal, and budget considerations.

Medicine Hat College’s Powering the Future more

© 2008 Medicine Hat News. All rights reserved.