Graymont announces Multi Year Agreement with Syncrude Canada, Ltd.

Graymont Western Canada Inc. is pleased to announce signing a multi year agreement with Syncrude Canada Ltd. for the supply of high calcium quicklime to Syncrude’s future flue gas desulphurization plant located at Syncrude’s Mildred Lake plant site.

The agreement commences on the start up of Syncrude’s next fgd plant which is targeted for mid 2009. This unit is being retrofitted into Syncrude’s base plant operation to further reduce emissions, including sulphur dioxide.

Graymont is the largest producer of quicklime in Western Canada and the third largest producer of quicklime in North America.

Syncrude is a leader in Canada’s oil sands industry, producing approximately 13 per cent of the nation’s crude oil requirements. Incorporated in 1964 Syncrude is today the world’s largest producer of crude oil from oil sands, with cumulative oil production surpassing 1.6 billion barrels.