Startech Begins Manufacture of Australian Plasma Converter System
Startech Environmental Corp. (OTC: STHK) has announced that Plastech Solutions, Ltd. has paid Startech $703,000 to begin manufacturing for Plastech's purchase of a 10-ton-per-day Plasma Converter System. Plastech Solutions, Ltd. of New South Wales, Australia is Startech's exclusive distributor for Australia, New Zealand, and Oceana. The converter will be processing a variety of industrial and institutional wastes...Read More »
Wastech Files Patents for New Collection Technology
Wastech, Inc. has announced the filing of two waste-related patents for a "Refuse Loader and a "System and Method for Refuse Routing." The patents are for a new debris collection and transportation system. In general terms, the new collection system utilizes a typical garbage truck that is reengineered and modified internally with Wastech's specialized containers for collection, transportation and ultimate disposal. The system eliminates the necessity of immediate disposal once the truck is full, among other benefits...Read More »
Pennsylvania Totals Record Recycling Numbers
The state of Pennsylvania recycled a record 4.8 million tons of MSW in 2004, the latest year for which statistics are available. The state estimates the economic benefits of recycling at more than $113 million in materials collected and more than $259 million in avoided disposal costs, in addition to substantial gains from recycling. The state's recycling and reuse industry includes more than 3,200 establishments with total annual sales of $18.4 billion...Read More »
OSHA Fines Georgia Oil Recycler over Fatal Accident
Joe Sikes Oil Service of Jefferson, Ga. is facing a $30,400 fine after a federal investigation has determined that it was negligent in a fatal explosion at its facility. The U.S. Labor Department's Occupational Safety and Health Administration determined that the company allegedly exposed workers to safety and health hazards that contributed to a June accident that killed one worker. OSHA found that the company did not check the flammability of incoming waste oil and did not properly recycle the material...Read More »
Republic Accelerates Stock Vesting
Republic Services Inc.'s board of directors has approved accelerating the vesting of all outstanding stock options awarded to employees effective Dec. 30, 2005. The company will take non-cash charge of about $2 million during the fourth quarter of 2005 as a result. Republic took the action anticipating changes to its compensation programs in 2006. The move is expected to reduce the pretax stock option expense the company would have incurred by an estimated $7 million in 2006, $3 million in 2007, and $1 million in 2008...Read More »
Seventeen Companies Pay For Cleanup of New York Superfund Landfill
Seventeen companies, including Ford Motor Co., have reached a tentative deal to pay $4.7 million for dumping chemical wastes in the Ramapo Landfill in Rockland County, N.Y. Over the course of the past 23 years, the state has spent $13 million, along with the federal government, to contain the problem. The 96-acre landfill, open from 1971 to 1989, was named to the federal Superfund list in 1983...Read More »
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