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Overview
Koppers is a global company and a leading
integrated producer of chemicals, carbon compounds, and treated
wood products for the aluminum, steel, chemical, rubber, railroad
and utility industries.
Koppers is a leading distiller
of coal tar, a by-product of the transformation of coal into coke.
Koppers distills coal tar to produce carbon pitch, refined tar,
roofing pitch, creosote, carbon black feedstock and chemical oils. The
chemical oils resulting from distillation are used to produce naphthalene and phthalic
anhydride (PAA).
Koppers carbon materials and chemicals are essential
to the production of aluminum, steel, plastics, resins, treated
wood and rubber products. They also increase the durability of
many products including railroad ties, utility and transmission
poles and marine pilings.
Koppers is also a leading producer
of treated wood products. Treated wood creates more durable structures
that resist decay, increasing safety, reducing replacement costs
and preserving valuable forests.
Koppers has been serving the railroad industry
with treated wood railroad ties and railroad crossing panel products
for over 18 years. In North America we are the largest provider of railroad crossties
and are known for our pre-plated crossties. We are also a leading
producer of wood poles for the electric and communications
industries, along with treated wood for heavy-duty construction.
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• Approximately 2,000 employees
at 27 operating locations
• 12 facilities in Carbon Materials and Chemicals
• 15 in Railroad and Utility Products
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In December 1997, Saratoga Partners III, L.P., a private equity firm, purchased a majority ownership interest in Koppers through a new series of senior convertible preferred stock.
In November 2004, Koppers Holdings Inc. (formerly KI Holdings Inc.) was formed as a holding company for Koppers Inc. in a transaction in which all of the capital stock of Koppers Inc. was converted into shares of common stock of Koppers Holdings Inc. and Koppers Inc. became a wholly-owned subsidiary of Koppers Holdings.
In February 2006, Koppers Holdings Inc. issued and sold 8,700,000 shares of its common stock in an initial public offering; as part of the offering, Saratoga and its affiliates sold 1,300,000 of their common shares after converting all of their preferred shares into common shares.
As of March 31, 2008, Saratoga Partners II, L.P. has no direct ownership of common stock of Koppers Holdings Inc.
Koppers Inc.
Corporate Headquarters
436 Seventh Avenue
Pittsburgh, PA 15219-1800
412-227-2001
www.koppers.com
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