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Waste Business Journal Weekly News Bulletin: May 11-17, 2005

Headlines...

  1. Titan Technologies Signs License for Twenty Tire Recycling Facilities
  2. Minnesota Rolls Out Plans to Increase Office Paper Recycling
  3. Rechargeable Battery Recycling Corporation Provides Free Nationwide Service
  4. Waste Industries Updates First Quarter 2005 Results
  5. Environmental Group Cautions against Epic Star Wars Waste
  6. EarthFirst Subsidiary Enters Licensing Agreement with Ireland Company

 

  1. Titan Technologies Signs License for Twenty Tire Recycling Facilities

    Titan Technologies (OTC: TITT) has signed a licensing agreement to build recycling facilities in North, Central, and South America. The agreement provides for the construction of up to twenty facilities within the first six years, and up to seven facilities per year thereafter. Titan will receive a license fee for each plant of $1 million; licensees will also pay royalties of 1.7 percent of total sales. Each plant is estimated to process 150 tons of tires per day. Titan will also receive ownership interests ranging from 10 to 20 percent in each facility...Read More »

  2. Minnesota Rolls Out Plans to Increase Office Paper Recycling

    The Minnesota Office of Environmental Assistance has launched its statewide office paper reduction campaign through a set of educational tools designed to address the needs of businesses. The OEA's information offers ideas for "breaking down the paper wall"-for instance, printing on both sides of paper and saving documents electronically versus printing them out. The state notes that Americans dump enough office paper each year to build a 12-foot-high wall from New York to San Francisco, or 10,000 sheets per person...Read More »

  3. Rechargeable Battery Recycling Corporation Provides Free Nationwide Service

    The Rechargeable Battery Recycling Corporation will now provide its rechargeable battery and cell phone recycling program to businesses across the country free of charge. Call2Recycle gives businesses with a convenient way to collect and recycle used rechargeable batteries, recovering metals from nickel-cadmium, lithium ion, nickel metal hydride, and small sealed lead batteries. All cell phones are accepted for recycling, regardless of size, make, or model...Read More »

  4. Waste Industries Updates First Quarter 2005 Results

    Waste Industries USA (Nasdaq: WWIN) has updated its unaudited first quarter 2005 results. Revised unaudited results for the quarter are now revenue of $72.0 million, operating income of $6.9 million, and net income of $2.8 million, or $0.20 per share. The update came about as a result of a recently-completed analysis of first quarter transactions...Read More »

  5. Environmental Group Cautions against Epic Star Wars Waste

    Environmental groups are viewing the release of the latest Star Wars movie this week with a skeptical eye, as they anticipate thousands of tons of discarded toys and packaging headed to landfills. Earth911.org notes that none of the movie's "action figures" can be recycled, and will sit in landfills for decades. The group recommends parents buy recyclable batteries for toys, recycle product packaging, and donate old toys to charitable organizations. In 1999, when the fourth Star Wars movie was released, more than 250 million action figures were sold; Earth911.org put the total weight of those figures at 5,700 tons...Read More »

  6. EarthFirst Subsidiary Enters Licensing Agreement with Ireland Company

    World Environmental Solutions Company, Inc., a subsidiary of EarthFirst Technologies (OTC: EFTI) has entered into a licensing agreement valued at over $20 million with Ireland-based Midwest Transport Limited. Midwest Transport has been granted the exclusive right to market EarthFirst's proprietary Catalytic Activated Vacuum Distillation technology in Ireland and the United Kingdom. Midwest will purchase three CAVD rubber tire remediation plants, one in Ireland and two in the United Kingdom...Read More »

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