Weekly News Bulletin: Mar. 9-15, 2005

 

EPA Issues Rules To Limit Mercury Emissions

The federal EPA has issued the first rules to limit toxic mercury emissions from coal-fired utilities by allowing plants to swap pollution rights. Critics have contended the program is an industry giveaway that is likely to be challenged in court. The program hopes to cut mercury emissions by 70 percent by 2018 through a cap-and-trade system. The EPA issued the rules as a result of a court settlement with the Natural Resources Defense Council, which sued the EPA 13 years ago...Read More »

 

 

Clean Harbors Reverses Losses, Announces 4Q Profit

Clean Harbors Inc. has announced a fourth-quarter profit, up from a loss in the same period last year, as demand for emergency response events improved revenue. The company also announced it will restate previously issued financial results to correct accounting errors. The restatement lowered earnings for 2004, and widened losses reported for 2002 and 2003. The company reported quarterly earnings of $7.4 million, or 42 cents per share, up from a loss of $11.9 million, or 85 cents a share, in the previous year...Read More »

 

 

Sub Surface Waste Management Begins $1M Mexico Project

Sub Surface Waste Management (OTCBB: SSWM), through its partner in Mexico, Grupo Bartlett de Mexico, S.A. DE C.V., has initiated a $1 million project in Mexico, using its proprietary Bio-Raptor technology, to clean up soils and water impacted by petroleum hydrocarbon wastes. The work will be conducted in Torreon, Mexico...Read More »

 

 

Ecology & Environment Wins Texas Remediation Contract

The Texas Commission on Environmental Quality has selected Ecology & Environment to support its statewide dry cleaner remediation program for the next three years, with an estimated contract value of $1 million per year. The company will perform site assessment and prioritization of sites; the state anticipates over 700 sites will seek remediation support...Read More »

 

 

Zenon Wins King County, Wash. Membrane Bioreactor Contract

Zenon Environmental Inc. (TSX: ZEN) has been selected to supply King County, Washington with the largest membrane bioreactor in the world. The ZeeWeed MBR will treat an average daily flow of approximately 144,000 cubic meters of municipal sewage, or 38 million gallons a day, serving over 100,000 households. The company also received an order for a second, smaller plant, which results in a total order value to Zenon of $30 million. The larger plant is expected to come online in 2010; the smaller one in 2007...Read More »

 

 

Waste Services Reports 4Q Results

Waste Services, Inc. (Nasdaq: WSII) has reported financial results for its fourth quarter ended Dec. 31, 2004. Revenue for the quarter was $93.2 million, up $57.8 million over last year. The increase is primarily attributable to new business acquisitions and the opening of three new landfill sites in the United States...Read More »

 

Sign up to receive our free Weekly News Bulletin