Weekly News Bulletin: Nov. 30-Dec. 6, 2005

 

Startech, Ansaldo Energia Form Strategic Commercial Alliance

Startech Environmental Corporation (OTC: STHK) has formed a strategic alliance with Ansaldo Energia S.p.A. of Italy to mutually obtain commercial contracts that utilize both companies' resources and experience. AEN and Startech will work toward the sales of Startech's Plasma Converter, as well as turnkey plants incorporating Startech's waste destruction and remediation. AEN, present in over 90 countries, provides services across the spectrum of power generation, including financing, manufacturing, engineering, operations, and maintenance...Read More »

 

 

American Ecology Announces Cost Increase, Insurance Settlement

American Ecology Corporation (NASDAQ: ECOL) has announced a $542,000 increase in its estimate for closure and post-closure costs for its non-operating hazardous waste disposal facility near Winona, Texas. The revised cost estimate reflects a monitored natural attenuation plan that the state and company decided on for the site. The company also reported proceeds of $1.3 million from its insurance carrier in partial resolution of a claim on a 2004 fire at its Robstown, Texas hazardous waste facility...Read More »

 

 

RecycleNet Spins Off Scrap China Subsidiary

RecycleNet Corporation has announced the spin-off of Scrap China Corporation, the wholly owned subsidiary of RecycleNet formed to encourage growth in the trade of secondary commodities between North America and China. In 2004, over $3.1 billion in secondary commodities were exported to China industry wide...Read More »

 

 

EPA Sets New Small Incinerator Rules

The federal EPA has established new rules designed to reduce air pollutants from the final category of incinerators still requiring Clean Air Act regulation. The new rules apply to incinerators burning less than 35 tons per day, as well as institutional incinerators. The new rules are anticipated to reduce air pollution by about 1,900 tons per year from the approximately 250 incinerators which will fall under the new rules. The EPA has previously issued rules for all other types of incinerators...Read More »

 

 

Dell, EPA Will Collect Electronics Ruined By Katrina

Dell Inc. and the federal EPA are joining forces to recover and recycle electronics products destroyed by Hurricane Katrina. The company and the EPA held a collection event last week in Kenner, La. allowing residents to drop off any form of electronic equipment free of charge. The partnership also includes the Louisiana Department of Environmental Quality, the National Recycling Coalition, Jefferson Parish, and the town of Kenner. Dell will handle the computers and peripherals, while the EPA will take the other electronic equipment...Read More »

 

 

Weyerhaeuser Shutters N.C. Containerboard Machine

Weyerhaeuser Co. has indefinitely shut down its recycled containerboard machine in Plymouth, N.C. and may permanently stop production at the site. The machine, which is now 48 years old, creates linerboard from recycled fiber, and has a capacity of 350,000 tons per year. Weyerhaeuser chairman, president and CEO Steven Rogel said the company has determined that the Plymouth machine does not operate in an economically feasible manner, and plans to shut the machine permanently...Read More »

 

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