Republic Rounds Out Senior Executive Team
Republic Services and Allied Waste announced the remainder of the senior executive team to lead the merged company. Out are Republic Chief Operating Officer Mike Cordesman and Ed Evans, Chief Personnel Officer for Allied Waste, both will leave following completion of the merger. "Mike and Ed have made tremendous contributions to each company and to this merger," said Don Slager, who will be president and COO of the new company under James O'Connor who will serve as Chairman and CEO. The new appointments include executive vice presidents Brian Bales, in charge of business development; Will Flower, communications; Jeff Hughes, human resources; Gary Sova, sales and marketing. The new company will have field operations divided into four regions to be led by senior vice presidents of operations including Jeff Andrews, Western operations; Ron Krall, Eastern operations; Chris Synek, Southern operations; and Kevin Walbridge, Midwestern operations...Read More »
Rhode Island to Double Gas Output from Central Landfill
Ridgewood Renewable Power LLC wants to expand the two landfill gas-to-energy projects it operates at Rhode Island's Central landfill in Johnston. The company recently reached agreement with the Rhode Island Resource Recovery Corp., the quasi-governmental entity that owns the 5,000 ton-per-day landfill, in which it will invest $80 million to renovate and expand its power plants. The plan is to more than double its current power output from 20.5 megawatts to 48 megawatts by 2010, enough to power an estimated 36,000 homes. The company plans to replace its combustion system with a more efficient system that also utilizes exhaust heat from the turbine to create additional electrical power. The so-called Providence Project is the largest electric power plant fueled by landfill methane gas east of the Mississippi River...Read More »
Clean Harbors Forms New Subsidiary to Commercially Develop its Properties
Environmental and hazardous waste services provider Clean Harbors is entering the property development business. The new subsidiary, Clean Harbors Development, LLC, will take advantage of immediate opportunities to develop portions of the 16,000 acres of property the company owns throughout North America. Projects will include traditional commercial development, alternative power and energy projects, utilization of mineral rights and brownfield redevelopment. According to CEO Alan S. McKim, the division will "capitalize on the intrinsic commercial value of our large portfolio of real estate holdings [with the] focus on converting non-performing and under-performing assets into revenue-generating opportunities." He expects that some projects will require a modest investment that will "not be material to the Company's finances" but will "generate incremental revenue within the first year."...Read More »
Billings Montana Contracts For Landfill Gas to Energy Project
The City of Billings Montana has signed a 40-year contract with Montana-Dakota Utilities (MDU) to build and operate a landfill gas-to-energy facility at its regional landfill. MDU will invest $8 million and pay estimated operating costs of $600,000 that will entitle them to 85% of the net sales of the landfill gas. This could generate $130 million over 40 years. The city for its part will receive 15% of the net gas sales, which is estimated to yield a return of at least $500,000 a year, or $20 million over 40 years...Read More »
EQ - The Environmental Quality Co. Has New Equity Investor
Private equity firm Kinderhook Industries, based in New York, is making what it calls a "significant" investment in waste management and environmental services company EQ - The Environmental Quality Co. based in Wayne, Mich. According to David Lusk, President of EQ, "Partnering with Kinderhook Industries will enhance our leadership position in the industry, allowing us to continue to build on our foundation of profitable growth and aggressively pursue acquisitions." EQ has more than 700 employees at 21 locations around the country. The company's current shareholders and management team will remain in place. Terms of the deal were not disclosed...Read More »
Cherokee Nation Launches Waste Management Company
The Cherokee Nation, through its wholly owned holding corporation, Cherokee Nation Businesses, is launching a new waste management company to explore recycling and green technologies, and to provide northeast Oklahoma and northwest Arkansas with environmentally friendly waste disposal. According to CEO Brad Carson, "We want to become the leader in the waste management industry in Oklahoma, and are examining cutting edge technologies to help us get there." The company will also oversee operations of the Cherokee Nation Sanitary Landfill in Adair County, Oklahoma. Tom Elkins has been appointed CEO of the new Cherokee Nation Waste Management...Read More »
Perma-Fix Wins Crucial Permit to Store and Dispose of PCB Waste
Perma-Fix Environmental Services Inc. received a permit from the US EPA to store and dispose of radioactive Polychlorinated Biphenyls (PCB's) at the Company's site in Kingston, Tenn. The site which is operated under the company's Diversified Scientific Services, Inc. (DSSI) subsidiary, employs a waste fuel boiler unit for the thermal destruction of radioactive and mixed (radioactive and hazardous) liquids and semi-solid wastes. According to the company, there are currently no other authorized, commercial facilities treating radioactive PCB wastes. The Department of Energy (DOE) operates a TSCA Incinerator authorized to treat only DOE generated wastes and that is scheduled to shut down next year. According to CEO Louis F. Centofanti, "This permit will allow for PCB-contaminated wastes that have been in storage for a number of years to be safely and effectively treated and disposed."...Read More »
California Container Recycling Rate up 8.6% Over Last Year
The California DEC said that California's container recycling rate for the first half of 2008 reached 76% putting it on track for a record year. From January to June, 2008, Californians recycled over 7.5 billion beverage containers; an increase of nearly 600 million beverage containers (or 8.6%) from the same time period in 2007. It is a 16% increase since the state increased its California Refund Value (CRV) for containers in January 2007. Rates for all materials rose, aluminum rose to 85%, glass to 79%, polyethylene terephthalate (PET) to 63%, and high-density polyethylene (HDPE) to 90%...Read More »
Glendale, Calif. Contracts to Build CNG Fueling Station for Entire Fleet
The City of Glendale, Calif. signed a 10-year contract to Clean Energy Fuels Corp. to build, operate and maintain a new large-scale public access compressed natural gas (CNG) station to support the City's CNG vehicle fleets and serve surrounding communities. Among other municipal vehicles, the station will support a growing fleet of refuse hauling trucks. The city hopes to ultimately replace all of its diesel-powered fleet with CNG vehicles. That will translate into 800,000 gallons of fuel annually...Read More »
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