Weekly News Bulletin: Jul. 10-16, 2008


Allied Waste Launches National Partnership With RecycleBank

Allied Waste Industries and RecycleBank announced a strategic partnership to launch a nationwide recycling incentive program. The partnership is expected to pair Allied's seven million residential customers with RecycleBank's program that rewards households that recycle with points which can be redeemed for gift certificates and discounts to more than 400 brand name national and local retailers across the country or even donated to charity. Allied and RecycleBank hope to add at least a million new customers to the program by the end of next year. Allied's participation is another important vote of confidence in RecycleBank's approach. Last year, Coca Cola became a partner and invested about $2 million in the program. In April of this year, RecycleBank secured a $30 million investment from leading venture firm Kleiner, Perkins, Caulfield and Byers, and others...Read More »



City of Detroit Will Not Buy Waste-to-Energy Plant, Wait and See

Detroit Mayor Kwame Kilpatrick said that the city will not buy the waste-to-energy plant which has processed nearly two thirds of the city's 550,000 tons of waste per year since it was built in 1991. That decision follows last month's decision not to renew its lease with Covanta Energy which operates the plant. Instead, the city seems to favor increased recycling efforts and landfill disposal. However, there are many obstacles, not the least of which is the high cost of deploying recycling programs in a city that is only recycling an estimated 8% of its waste stream. Also, a contract provision exists that says the plant owner, Energy Investors Funds of Boston, which bought a majority interest in it this year, can require waste be brought to the plant if it can match or beat bids from local landfill operators. The rising cost of landfill disposal together with high fuel costs to transport waste there tips the balance in favor of the waste-to-energy plant...Read More »



Allied Waste Seeks State Help with Giant Sunshine Canyon Landfill

Amid disagreement between the city and county of Los Angeles over how to oversee the giant Sunshine Canyon landfill that straddles both jurisdictions, the landfill's owner, Allied Waste has been forced to appeal its case all the way to the California Integrated Waste Management Board. The landfill which consists of two sites, one in the city of Los Angeles, the other in unincorporated county territory, would like to consolidate the two so that it can accept 12,100 tons of waste per day but has been required to operate them separately until the city and county form a joint agency to oversee it. Local officials are keen to keep control over the landfill which has been controversial for its proximity to residents, and reservoirs. With space running out on the city side and foot-dragging by local officials, Allied was forced to take its case to the state which last week agreed to oversee the landfill until a joint agency is established...Read More »



Barnwell Low-Level Nuclear Site to Close to Most Outsiders

Utah-based EnergySolutions is preparing to close its low-level nuclear waste disposal site in Barnwell County, SC to all but South Carolina, New Jersey and Connecticut. That site has accepted waste from around the country for nearly 40 years, but political pressure led to an agreement in 2000 to limit those shipments, despite local support including Barnwell County. County officials are concerned about the loss of jobs and host fee revenue...Read More »



Plasco Energy Gets City Approval for 400 TPD Plasma Conversion Plant

The City of Ottawa, Ont. approved plans to allow Plasco Energy Group to build, own and operate a 400 tonne-per-day waste conversion plant that will process municipal solid waste that would otherwise be destined for a landfill. The process employs plasma torches that heat and gasify the waste to produce both a synthetic gas and an inert slag material. The clean burning synthetic gas will be combusted to produce about 21 MW of electricity. In return for building and funding the plant, Plasco will be paid $60 per tonne of waste processed, escalated to reflect CPI over a 20-year contract...Read More »



Stoller Corp. Awarded $18.5M Contract Extension for Hanford Cleanup

Colorado-based Stoller Corporation, an environmental, waste management firm announced that it had won a two-year, $18.5 million contract extension for management of the disposal facility at the abandoned Hanford nuclear site in Washington. The Hanford Environmental Restoration Disposal Facility (ERDF) has been receiving waste from the cleanup project since 1996, and handles about one million tons of low-level radioactive material each year. Stoller received its first $18 million contract to manage the disposal facility in March 2006...Read More »



Allied Waste to Release Second Quarter on July 30

Allied Waste Industries said that it will report second quarter financial results at the close of the market on Wednesday, July 30 and host a conference call at 5 p.m. (Eastern) that afternoon...Read More »



Covanta Holding to Release Second Quarter on July 29

Covanta Holding Corp. plans to release its second quarter financial results at the close of the market on July 29 and host a conference call the following day at 8:30 a.m. (Eastern)...Read More »



Waste Connections to Release Second Quarter on July 22

Waste Connections said that it will report second quarter financial results at the close of the market on July 22. The company will host a conference call the following day at 8:30 a.m. (Eastern) to discuss those results...Read More »



Waste Services to Release Second Quarter on July 22

Waste Services, Inc. said it plans to release second quarter results at the close of markets on Tuesday, July 22 and hold a conference call the following day at 8:30 a.m. (Eastern) to discuss them...Read More »


Sign up to receive our free Weekly News Bulletin