Mississippi Authority Loses Landfill Flow Control Suit
The Pine Belt Regional Solid Waste Authority has lost its legal battle for exclusive rights to bury garbage collected in the Pine Belt. The loss could seriously affect the operation of the publicly owned landfill and may cause taxes to increase in Hattiesburg, Petal, Laurel, Jones, Covington and Perry counties. The authority issued $7 million in bonds to develop the Runnelstown facility in 1997. Authority members voted last fall to require all companies hauling garbage in the region to use the Runnelstown site. Browning-Ferris Industries and Waste Management sued the district because they transport garbage they collect to their own landfills in Meridian and the Gulf Coast. Last year, the landfill handled 94,000 tons of garbage. Studies show the district needs to dispose of between 130,000 and 150,000 tons annually to meet financial obligations...Read More »
PDG Environmental Reports Fourth Quarter, Year-End Results
PDG Environmental, Inc. (OTCBB: PDGE) has announced consolidated results for the year and fourth quarter ending January 31, 2003. Revenue for the quarter decreased to $8.60 million, as compared to $13.86 million during the same prior year period. Net profit from continuing operations for the quarter was $131,000, versus a loss from operations of $377,000 in the prior year. Revenue for the current fiscal year decreased to $40.88 million, as compared to $42.59 million during the prior fiscal year. Net income for the current fiscal year was $278,000, or $0.03 per share, versus a loss of $1,601,000 or ($0.17) per share for the comparable period last year...Read More »
Waste Connection Announces First-Quarter Earnings
Waste Connections, Inc. (NYSE: WCN) has announced first quarter earnings of $.49 per share on a diluted basis on 32.7 million shares. Revenue for the first quarter of 2003 was $128.5 million, a 21.5% increase over revenue of $105.7 million in the first quarter of 2002. Diluted earnings per share were $.49, an increase of 14.0% over diluted earnings per share of $.43 in the first quarter of 2002...Read More »
Environmental Elements Announces New Contracts
Environmental Elements Corporation (Amex: EEC) has announced that its Systems Business Unit has recently received orders totaling $3.5 million from two leading forest product companies, and that its Services Business Unit has recently received several smaller awards totaling approximately $1 million. Most of the work under all of these awards will be completed during the next six months. The work includes a variety of service, maintenance and refurbishment tasks for over a dozen customers in the pulp and paper and other industries...Read More »
Perma-Fix Names New Industrial Waste President
Perma-Fix Environmental Services, Inc. (Nasdaq: PESI) has announced the appointment of Timothy P. Keegan as President of the Industrial Waste Management Services Segment. Most recently, Keegan served as Senior Vice President of Safety-Kleen Corporation. Prior to joining Safety-Kleen, Mr. Keegan served as Vice President of PCB services for USPCI and President of PPM, Inc., a PCB waste management company...Read More »
Gems Landfill Users Want Water Discharge Approved
Former users of the GEMS Landfill in New Jersey want a federal judge to force the Camden County Municipal Utilities Authority to accept the discharge of contaminated water from the ground beneath the Superfund site. In a motion filed in U.S. District Court, the GEMS Phase II Trust argues that testing has demonstrated that a pretreatment plant can effectively remove radionuclides from the water. The trust seeks to lift a CCMUA "cease discharge" order in effect since 1999, when radionuclides were discovered in the groundwater at the landfill. The trust says it has spent $1.6 million studying radionuclides in the effluent. The EPA, which has been monitoring cleanup work by the trust, supports discharge to the CCMUA as the most cost-effective way to deal with the water...Read More »
Hazpak Changes Name To General Environmental Management
Hazpak Environmental Service, Inc. has announced that it will change its name to General Environmental Management Inc., and has retained General Pacific Partners, LLC to assist in the execution of its corporate finance and related strategies. General Environmental Management provides a variety of environmental needs: identifying, managing and transporting waste; providing emergency response and other incidents; managing remediation projects; and providing environmental compliance and safety software...Read More »
N.M. Governor Urges EPA Guidance on Wetlands Ruling
New Mexico governor Bill Richardson has urged the U.S. Environmental Protection Agency to help close a legal loophole that would allow pollution of New Mexico's streams. Richardson contends that the recent U.S. Supreme Court ruling in a case involving northern Cook County, Illinois and the Army Corps of Engineers created the loophole, which potentially affects one-fifth of New Mexico. At risk, according to Richardson, are the Mimbres and Tularosa river watersheds and the eastern playas, or dry lakes, often used by the oil industry for water discharges. The Supreme Court ruled five-to-four in January 2001 that a Chicago-area landfill could be built because the small bodies of water were exempt...Read More »
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