Weekly News Bulletin: Jun. 26-Jul. 2, 2006

 

San Jose CA Mayor and Norcal Waste Indicted in Bribery Case

San Jose Mayor Ron Gonzales has been indicted for bribery in connection with a city garbage contract with Norcal Waste, despite not having accepted any money personally. The District Attorney alleges that Gonzales engineered a secret deal that gave control of Norcal's workforce over to the Teamsters union and used taxpayer funds to reimburse Norcal for the nearly $2 million annual increase in cost. Both Gonzales and Norcal emphatically deny any wrongdoing...Read More »

 

 

St. Lucie County Florida Will Employ Plasma Arc Gasification to Deal with Waste

St. Lucie County Commissioners recently authorized a plan to contract with Atlanta based Geoplasma LLC to build a plasma arc gasification plant that is expected to gasify at least 3,000 tons of waste per day. Plasma arcs produce a type of artificial lightning that heats anything in its path upwards of 7,000 degrees C. A byproduct of the process is combustible gas which, in this case, will be used to generate enough electricity to power 37,000 to 48,000 homes. The plant will cost $400 million and take two years to build...Read More »

 

 

Waste Connections To Release Second Quarter Earnings on July 26, 2006

Waste Connections, Inc. (NYSE: WCN) will report financial results for the second quarter of 2006 after the close of market on July 26, 2006. The Company will discuss results via a conference call on the following day at 10 A.M. Eastern Time...Read More »

 

 

Bennett Environmental to Acquire Trans-Cycle Industries

Bennett Environmental (AMEX: BEL), which specializes in high temperature remediation services, is acquiring Trans-Cycle Industries, a company that specializes in recycling obsolete electrical equipment. Bennett's CEO Al Bulckaert expects the acquisition to add between $5 and $6 million in annual revenue...Read More »

 

 

EarthFirst Technologies, Inc. Comments on Proposed Merger

EarthFirst Technologies, Inc. (OTCBB: EFTI), a company that develops technology for alternative fuels and waste remediation, anticipates an early third-quarter closing of its previously announced merger with Cast-Crete Corporation...Read More »

 

 

Plastics Recycling Group to Engage in Policy Debates

For the first time in its history, the Association of Postconsumer Plastic Recyclers, has taken positions on legislative proposals, the first step in positioning the organization as a key contributor to the policy debates that impact plastics recycling...Read More »

 

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