Weekly News Bulletin: Nov. 11-17, 2003


Arkansas Recycling On The Upswing

A new report from the Arkansas Department of Environmental Quality indicates that Arkansans recycled 34% of the solid waste from households and businesses last year, and the state is on track to meet its target level of 40% recycling by 2005. According to the report, 1.4 million tons of waste was recycled in Arkansas last year, but the amount of trash generated is also on the rise. The state produced more than 4 million tons of solid waste in 2002, up from 3.6 million tons in 2001. But the recycling saved the state more than $40 million in landfill disposal costs last year, the report noted...Read More »



Versar Wins $2.76M Contract For California AFB Cleanup

Versar, Inc. (Amex: VSR) has won a $2.76 million firm fixed-price task order from the U.S. Air Force for clean-up of two contaminated sites at Vandenberg Air Force Base in California. Under the contract, Versar will remove over 28,000 tons of contaminated soil and will obtain regulatory approval for closing a Fire Training area and a Missile Launch facility over the course of the next three years...Read More »



Clean Harbors Reports Profitable Third Quarter

Clean Harbors Inc. (NasdaqNM: CLHB) has posted a profit for the third quarter, meeting its debt covenants for the quarter after failing to do so in the first two quarters of this year. The company posted net income of $7.4 million, or 48 cents a share, compared with a net loss of $33.4 million, or $2.76 a share, in the third quarter of 2002. Revenue rose to $151.1 million from $83.4 million in the third quarter of last year. The company estimated 2003 revenue of $615 million to $620 million, below its prior estimates of $630 million to $660 million...Read More »



Allied Waste Sells Certain Florida Operations, Refinances Debt

Allied Waste Industries Inc. (NYSE: AW) will sell its operations in northern and central Florida to Capital Environmental Resource Inc. (NasdaqSC: CERI) for approximately $120 million in an effort to raise money to repay its debt. The operations include collection, transfer and recycling operations, and two landfills. The operations represent about $90 million in annual revenues. In a related announcement, Allied expects to save more than $100 million in interest payments in 2004 through debt repayment and refinancing...Read More »



Hewlett-Packard Introduces New Inkjet Recycling Program

Hewlett-Packard (NYSE: HPQ) has expanded its HP Planet Partners return and recycling program for HP inkjet print cartridges. Starting in December, HP customers in the United States will find postage-paid recycling envelopes in their new HP 56 and 57 inkjet print cartridge boxes. HP's recycling operations will process the cartridges into recycled raw materials. Since Planet Partners started in 1991, more than 64 million HP inkjet and LaserJet print cartridges have been recycled...Read More »



Pottstown (Pa.) Will Appeal FAA Ruling Supporting Landfill

The Pottstown (Pa.) Borough Council will appeal a ruling by the Federal Aviation Administration that found the proposed expansion of the Pottstown Landfill would not have a negative impact on the Pottstown Municipal Airport. The airport is adjacent to the landfill and is owned by the borough. The FAA's ruling upheld an initial determination that increasing the landfill's height by 100 feet would not have a significant impact on airplane safety at the airport. An environmental group, Alliance for a Clean Environment, brought the first appeal...Read More »



Plaquemines (La.) Parish Approves First Step In Landfill Expansion

The Plaquemines (La.) Parish Council has approved the initial step in a plan to expand a landfill into federally regulated wetlands in Oakville, according to the New Orleans Times-Picayune. But for the controversial project to continue to progress, it must also obtain approval from the Louisiana Department of Environmental Quality and the U.S. Army Corps of Engineers. The council's vote allows Industrial Pipe Inc., the landfill's owner, to expand into eight acres in the project's initial phase. The company wants to use another 18 acres of wetlands in its second phase. Parish and federal requirements require the company to offset the loss of wetlands by restoring or enhancing similar wetlands. However, that mitigation will not take place within Plaquemines Parish, since the parish does not have wetlands similar to those that would be used by the project...Read More »


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