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Waste Business Journal Weekly News Bulletin: Dec. 1-7, 2004

Headlines...

  1. ALZA, California City Work Deal For Landfill Gas Use
  2. Clean Harbors Announces End Of Shareholder Lawsuit
  3. Waste Industries, Waste Connections Close Asset Swap
  4. GreenMan Technologies Brings Tire Plant Back Online
  5. EnCap Golf Reaches Agreement For Meadowlands Landfill Development
  6. Caraustar Increases Price On Certain Products
  7. Metals & Arsenic Removal Technology Rolls Out Website

 

  1. ALZA, California City Work Deal For Landfill Gas Use

    ALZA Corp. and the city of Mountain View, Calif. have announced a partnership to convert landfill gas from the city's landfill into energy for the company's facility. The landfill will supply electricity and hot water while reducing carbon dioxide emissions by an average of 17.3 million pounds per year. The gas produced by the closed landfill contains 40 to 50 percent methane. ALZA expects to use about 75 percent of the electricity produced by landfill gas, and will sell the remaining electricity through a regional electrical power grid. ALZA's parent company, Johnson & Johnson, is seeking to reduce CO2 gases at its facilities nationwide by seven percent by 2010...Read More »

  2. Clean Harbors Announces End Of Shareholder Lawsuit

    Clean Harbors Inc. has announced that shareholders dropped a lawsuit that charged the company with securities law violations. Four shareholders filed the suit against Clean Harbors in November 2003 in the US District Court of Massachusetts over Clean Harbors' acquisition of the Chemical Services Division of Safety-Kleen. But the company has announced that the lead attorney for the plaintiffs dismissed the lawsuit with prejudice. The company, which contended that it had consistently complied with the securities laws, said it made no payment to the plaintiffs...Read More »

  3. Waste Industries, Waste Connections Close Asset Swap

    Waste Industries USA, Inc. (Nasdaq: WWIN) (www.waste-ind.com) has closed an asset swap transaction with Waste Connections, Inc. (www.wasteconnections.com). Waste Industries purchased Waste Connections' hauling, transfer station and MSW landfill operations located in the north and northwestern suburbs of Atlanta. Simultaneously, Waste Industries sold to Waste Connections its hauling and C&D landfill operations in the greater Memphis, Tenn. market and its hauling and transfer station operation in Crossville, Tenn., including a nearby landfill development. Both sides of the transaction produced revenues of roughly $12 million annually...Read More »

  4. GreenMan Technologies Brings Tire Plant Back Online

    GreenMan Technologies, Inc. (AMEX: GRN) has brought its Georgia tire recycling plant back after a March 2003 fire destroyed its shredding equipment. The company was forced to ship out tires at a cost of about $500,000. The Georgia plant adds another 20 million pounds of crumb rubber capacity to its existing 50 million pounds, an increase of almost 30 percent...Read More »

  5. EnCap Golf Reaches Agreement For Meadowlands Landfill Development

    EnCap Golf has signed an agreement making Jersey Meadows LLC, a subsidiary of Pulte Homes, Inc., the residential redeveloper for the Meadowlands Golf Project. The project will develop more than 700 acres of landfills and surrounding property into golf courses and residential property. The 785-acre project is one of the largest brownfield reclamation projects in the United States...Read More »

  6. Caraustar Increases Price On Certain Products

    Caraustar Industries, Inc. (Nasdaq: CSAR) has announced a price increase effective January 3, 2005 from 7.5 percent to 14 percent for composite cans, plastic cartridges and metal ends produced by the Composite Container Division of its Industrial & Consumer Products Group. The price increases are the result of escalating steel, resin, paperboard and energy prices. The company serves the four principal recycled boxboard product markets: tubes, cores and cans; folding cartons and custom packaging; gypsum wallboard facing paper; and miscellaneous "other specialty" and converted products...Read More »

  7. Metals & Arsenic Removal Technology Rolls Out Website

    HydroFlo, Inc. (OTCBB: HYRF) has announced that its subsidiary, Metals & Arsenic Removal Technology, Inc. has launched its new website, www.martiinc.com. The website provides information on Metals & Arsenic Removal Technology, as well as information on MARTI's patent protected and proprietary water treatment technologies. Initially, the website has been released in the English language with translation being conducted into an additional four languages...Read More »

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