Koppers extends contract with Norfolk Southern

Koppers Inc.

Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc., and Norfolk Southern have agreed to extend Koppers existing contract with the Class 1 through 2021.

NS is one of four Class 1 customers of Koppers and 2015 revenues from NS represented approximately 10 percent of railroad-related sales.

The current agreement extends the contract to 2021 from the previous 2016 expiration and includes commitments for Koppers to provide crossties as well as other related products to Norfolk Southern through the contract period.

Tom Loadman, senior vice president of Railroad Products and Services, said, “We place a high value on our long-term relationship with Norfolk Southern, and are pleased with their confidence in Koppers to continue serving them as a critical business partner for many more years.”

Koppers President and CEO Leroy Ball said, “We are proud of our long-standing record of serving Norfolk Southern and the Class 1 rail industry in North America. Our commitment to supplying high-quality products and services to the rail industry will continue to be an emphasis for Koppers as we transform the company into the global leader in wood-based technology.”

In June, Koppers signed a three-year contract with NS to provide bonded rail joint assemblies.