Weekly News Bulletin: Feb. 17-23, 2005


Perma-Fix Wins Kennedy Center Cleanup Contract

Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) has won a multi-year contract from Space Gateway Support LLC at the Kennedy Space Center in Florida to manage, transport, recycle, and dispose of all hazardous waste generated at the Kennedy Space Center, Cape Canaveral Air Force Station, and other government facilities. The contract has an initial value of more than $500,000 for the initial seven-month period, and three additional options with a potential value of $3 million...Read More »



Waste Connections Releases Fourth Quarter, 2004 Earnings

Waste Connections, Inc. (NYSE: WCN) has announced fourth quarter 2004 earnings of $0.30 per share from continuing operations, down from $0.39 in the year-ago period. 2004's results included approximately $5.7 million of pre-tax expenses on refinancing costs, sales of corporate equipment and other charges. Revenues for the quarter were $163.7 million, an 11.9 percent increase over 2003. For the year, revenue was $629.4 million, up 15 percent from $547 million in 2003. For 2005, the company expects revenue to range between $690 million and $700 million...Read More »



Allied Waste Rolls Out Plans for New Credit, Debt Retirement

Allied Waste has unveiled a program to raise $600 million in total, including issuing $100 million in common stock. Another $500 million in convertible preferred stock will be issued as well. The company will also acquire a $3.45 billion credit facility, which will include a loan and letter of credit. The proceeds will be used to repay outstanding amounts of its current credit facility and approximately $990 million in notes. News of the arrangement dropped Allied Waste's stock 5.5 percent, or 47 cents, to $8.15 in Tuesday's trading...Read More »



N-Viro Plans Three New BioDry Facilities in Canada

N-Viro International Corp. (OTC Bulletin Board: NVIC) has announced the development of three new facilities in eastern Canada that utilize the company's BioDry technology for the advanced treatment of wastewater biosolids. The N-Viro Soil product manufactured at two existing plants is sold to area farmers; a third system will soon be installed in the Greater Niagara area, with the other two still in the design stages. BioDry is, according to the company, a safe and cost-effective way to disinfect, stabilize, and dry wastewater biosolids...Read More »



Rechargeable Battery Recycling Corporation Releases Canadian Collection Data

The Rechargeable Battery Recycling Corporation has announced its Canadian collection data for 2004, reporting the collection of more than 330 thousand pounds of rechargeable batteries in Canada, an increase of 31 percent from 2003. RBRC now has 6,145 dropoff facilities for used rechargeable batteries and cell phone recycling throughout Canada...Read More »



Pennsylvania Announces $20 Million in Recycling Grants

The Pennsylvania Environmental Protection Secretary has announced 162 grants totaling $20 million to help finance municipal recycling programs. The programs will provide access to recycling for an estimated 10 million Pennsylvania residents. Awards include $435,000 to Middletown Borough to develop a composting facility on the site of a former Superfund site at the former Olmsted Air Force Base. In Pennsylvania, more than 3,200 recycling and reuse businesses and organizations made more than $18.4 billion in gross annual sales and provided jobs for more than 81,322 employees...Read More »



Gundle/SLT Names Collard to VP/CFO Position

Gundle/SLT Environmental, Inc. has announced the appointment of Kelvin R. Collard to the position of Vice President and Chief Financial Officer. Collard succeeds Roger J. Klatt, who is retiring effective March 3, 2005 after serving as Executive Vice President and CFO of GSE since 1994. Prior to joining GSE, Collard served as CFO of the American Bureau of Shipping's for-profit subsidiary, ABS Group, since 2002...Read More »


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