TerraCycle Wins First Big-Box Order
TerraCycle Inc., manufacturer of TerraCycle Plant Food, has received its first major big box retail order from Wal-Mart Canada. TerraCycle bills itself as the first company to make and package its product entirely out of waste, using worms to convert organic waste into plant food. The food is bottled in used soda bottles, and the Rutgers University EcoComplex has found that the product has outperformed chemical plant foods in many aspects of plant growth...Read More »
U.S. Plastic Lumber, Russin Lumber Sign Distribution Agreement
U.S. Plastic Lumber Corp. has signed a six-year, multimillion-dollar distribution agreement with Russin Lumber Corp. to distribute USPL's residential decking in the Northeast United States. Russin will distribute USPL's patented high density polyethylene residential decking to retail lumberyards...Read More »
Waste Management Reports Fourth Quarter, 2004 Earnings
Waste Management has reported higher fourth quarter earnings and sales based on larger volumes and hurricane-related cleanup. The company recorded net income of $269 million, or 47 cents a share, up from $183 million, or 31 cents per share for the same period in 2003. Revenues for the quarter were $3.21 billion, up from $2.99 billion in 2003. The cleanup work added approximately $56 million in revenue and $7 million in pretax earnings. For 2004, the company had operating revenue of $12.52 billion, up from $11.65 billion in 2003. Waste Management expects earnings per share to run at the low end of analysts' estimates of $1.56 to $1.80 per share...Read More »
CVS Holds First-Ever Waste Medication Collection Program
Recently, CVS Pharmacy held a first-of-its-kind free disposal program at one of its Maine stores, inviting consumers to bring in expired or unwanted medication for environmentally safe disposal. Residents brought in 55,000 pills for a total of 50 gallons of unwanted medication. The program was sponsored by the federal EPA via a grant to the Northeast Recycling Council Inc...Read More »
Waste Connections' Kansas Landfill Could Cause Problems For Wichita Plans
Waste Connections is close to winning approval for a landfill in Harper County that would take much of the city of Wichita's waste, a development that could pose problems for Sedgwick County-which had also planned on taking Wichita's waste-in developing its own landfill. Waste Connections controls more than 60 percent of Wichita's waste, while Waste Management controls another 15 percent. That would leave only 25 percent of local waste for the proposed county-owned landfill, which may not be enough to make it economically viable without opening doors to outside waste...Read More »
North Carolina Landfill Awaits Final Decision On Permitting
The Camden County (NC) Board of Commissioners is considering whether a controversial landfill project can proceed, but has warned opponents of the facility that backing out of the contract now could require paying $10 million to Black Bear LLC, the company that has planned the facility. The county would also lose as much as $4 million each year in host fees. But opponents have protested that environmental risks outweigh the benefits. The landfill would take up to 1,000 tons of waste per day from up and down the East Coast...Read More »
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