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Waste Business Journal Weekly News Bulletin: Dec. 7-13, 2005

Headlines...

  1. Onyx Announces Name Change to Veolia
  2. Casella Releases Second Quarter Results
  3. Ohio Waste Authority Sells Off WTE Credits
  4. Caprius Subsidiary Wins Navy Medical Waste Contract
  5. EarthFirst Announces Third-Quarter Results
  6. EPA Offers Amendments For Large WTE Facilities

 

  1. Onyx Announces Name Change to Veolia

    Onyx, a division of Veolia Environnement, the world's largest environmental services company, will adopt the name of Veolia Environment Services. The company is making the change as part of a global rebranding initiative designed to unite business divisions under a single corporate identity and culture. On a global basis, Veolia Environnement is the world's top environmental services company, and in North America, it now ranks third among service providers...Read More »

  2. Casella Releases Second Quarter Results

    Casella Waste Systems (Nasdaq: CWST) has reported financial results for the second quarter of its 2006 fiscal year, ended Oct. 31. For the quarter, the company reported revenues of $136.8 million, up $10.4 million or 8.2 percent over the same quarter of 2005. The company's net income per share was $0.13, up $0.03, and operating income was $13.7 million, up $950,000, over the same quarter in 2005...Read More »

  3. Ohio Waste Authority Sells Off WTE Credits

    The Solid Waste Authority of Central Ohio will sell all its available sulfur dioxide credits for its former waste-to-energy facility in Columbus. Proceeds from the $10 million sale will go toward the debt SWACO owes on the WTEF to the city of Columbus, Ohio. Morgan Stanley Capital Group Inc. has purchased the credits for the years 2011 through 2035, the last credits SWACO has available to sell. SWACO has a long-term lease from the city of Columbus on the plant, which was closed in 1995 and demolished in March 2005...Read More »

  4. Caprius Subsidiary Wins Navy Medical Waste Contract

    Caprius, Inc. (OTCBB: CAPS) has announced that its subsidiary, MCM Environmental Technologies, has received an order for two SteriMed Junior systems from the U.S. Department of Defense for use by the U.S. Navy. Of the 21 medical waste processing systems considered by the Navy, the SteriMed system was the only one to meet all needs-sterilization capability, size, ability to reduce the volume of waste, and ability to render the waste unrecognizable-identified for evaluation aboard ship...Read More »

  5. EarthFirst Announces Third-Quarter Results

    EarthFirst Technologies (OTCBB: EFTI) has announced results for the third quarter ended Sept. 30, 2005. The company's revenue increased 212% to $10.5 million, up from $3.4 million in 2004. Gross profit margin on revenue improved to 25.1%, compared to 15.1%. Income from operations was approximately $596,000, compared to a loss of approximately $498,000 in 2004...Read More »

  6. EPA Offers Amendments For Large WTE Facilities

    The EPA has reviewed its New Source Performance Standards and Emissions Guidelines for municipal waste incinerators that burn more than 250 tons of waste per day. Proposed amendments to the guidelines would require that large municipal WTE plants continue to operate at the same high levels, but would simplify the implementation of those guidelines. Introduced in 1995, the guidelines reduced emissions of dioxin and furan by more than 99 percent; mercury, cadmium, and lead by more than 93 percent; and sulfur dioxide and hydrogen chloride by more than 91 percent...Read More »

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