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Waste Disposal

NEWS
By Heather Dewar and Heather Dewar,SUN STAFF | March 19, 1999
In an effort to clean up polluted runoff from chicken manure, Maryland officials have decided to seek new regulations that would hold big poultry companies accountable for the waste their animals produce. Secretary of the Environment Jane Nishida said Maryland would be among the first states in the nation to make the poultry companies take responsibility for the chicken manure, which until now has been a problem left to the growers who raise the birds. The state is "strongly considering" holding the big companies, known as "integrators," responsible for proper disposal of the chickens' waste, Nishida said last night.
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BUSINESS
By BLOOMBERG NEWS | March 9, 1999
SCOTTSDALE, Ariz. -- Allied Waste Industries Inc., the No. 3 U.S. waste-disposal company, said yesterday that it will buy Browning-Ferris Industries Inc., the second-largest, for $9.1 billion in cash and assumed debt. Allied Waste will pay $45 for each Browning-Ferris share, a 29 percent premium on Friday's close, and will assume $1.8 billion in debt. Allied's biggest shareholders, the Blackstone Group and Apollo Management LP, will help finance the buyout. The combined company, with annual revenue of $6.6 billion, will rank a distant second to Waste Management Inc. of Houston in the U.S. waste-disposal industry.
BUSINESS
By BLOOMBERG NEWS | January 1, 1999
WASHINGTON -- Waste Management Inc., the largest U.S. trash-disposal company, said yesterday that it plans to complete its $1.1 billion acquisition of rival Eastern Environmental Services Inc. after settling charges lodged by state and federal antitrust officials.The settlement, which resolves a legal dispute that had blocked the acquisition for six weeks, clears the way for the companies to close the transaction.The accord allows Waste Management to refocus its attention on building its share of the $40 billion North American waste disposal business.
BUSINESS
By BLOOMBERG NEWS | January 1, 1999
WASHINGTON -- Waste Management Inc., the largest U.S. trash-disposal company, said yesterday that it plans to complete its $1.1 billion acquisition of rival Eastern Environmental Services Inc. after settling charges lodged by state and federal antitrust officials.The settlement, which resolves a legal dispute that had blocked the acquisition for six weeks, clears the way for the companies to close the transaction.The accord allows Waste Management to refocus its attention on building its share of the $40 billion North American waste disposal business.
NEWS
By Timothy B. Wheeler and Timothy B. Wheeler,SUN STAFF | September 15, 1998
Maryland officials welcomed yesterday an impending federal crackdown on water pollution from livestock farming, saying it parallels farm-runoff controls adopted by the state earlier this year to combat Pfiesteria-related outbreaks in Chesapeake Bay.But environmentalists and Eastern Shore chicken farmers say the federal move could do more harm than good unless it requires that poultry companies like Perdue Farms Inc. help pay for needed pollution control measures."I...
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | August 7, 1998
GTS Duratek, a Columbia-based hazardous waste disposal company, reported a net loss yesterday of $419,000, or 6 cents a share, for the year's second quarter.That compared with a gain of $1.036 million, or 5 cents a share, in the second quarter of 1997.The company's stock tumbled this week after GTS Duratek announced last Friday that the second-quarter numbers would show a loss. Shares rose $1.3125 to $8.875 yesterday. After trading as high as $12 on July 22, they had dropped to less than $7 Monday in the wake of the warning.
NEWS
March 27, 1998
Westminster Common Council has awarded the city's trash-collection contract for the next five years to York Waste Disposal Inc., the low bidder.The cost is about 11 percent lower than the city pays now, Thomas B. Beyard, director of planning and public works, told the council before the unanimous vote.Councilman Stephen R. Chapin Sr. recommended the contract after visiting York Waste Disposal's operations -- "tripping through the trash.""I was impressed," he said. "I'm sort of a nuts-and-bolts kind of guy. I've got to see it."
NEWS
By Sheridan Lyons and Sheridan Lyons,SUN STAFF | March 9, 1998
Westminster received bids for its trash-hauling contract from four of the nation's largest companies.City employees are reviewing proposals submitted by the four bidders: Waste Management, BFI, USA Waste, and York Waste Disposal, part of the larger Republic Corp. of South Florida."The apparent low bidder was York Waste Disposal. They committed to a collection cost lower than what we pay now," said Thomas B. Beyard, the city's director of planning and public works.The city's current contract with Waste Management costs $73 per residential unit per year, plus the cost of disposal -- for a total of $95 to $100 a ton. The new bids indicate the cost would be $84.12 for York vs. $93.75 for Waste Management.
NEWS
August 22, 1997
A Baltimore company has agreed to pay $50,000 to settle a fraud claim that it improperly dumped contaminated waste into the city's sewers, the U.S. attorney's office said yesterday.The company, Clean America, had a contract to dispose of waste water contaminated by fire-fighting foam used to douse jet fuel fires after tests at the Randle Cliff Research Laboratory in Chesapeake Beach.Instead of shipping the waste to a facility in Delaware, prosecutors say the company instead decided to dump it down city sewer drains.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | August 14, 1997
A major acquisition helped GTS Duratek double earnings and more than triple revenue in the second quarter, the company said yesterday.The Columbia-based hazardous-waste disposal company said its net income jumped 101 percent, to $1.036 million, compared with $516,000 during the same period last year. The earnings translated to a gain of 5 cents per share, up from 1 cent per share last year.Revenue for the quarter leaped to $38.01 million from $11.645 fTC million, a 226 percent increase.The numbers represent the acquisition of the Scientific Ecology Group, which GTS Duratek bought from Westinghouse Electric Corp.
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