Commercial Low-Level Waste
Reporting on commercially generated low-level radioactive waste, including compact arrangements, licensed disposal facilities, and the search for new disposal sites.
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Commercial Low-Level Waste
WCS Seeks GTCC, TRU Waste Disposal Capabilities
Waste Control Specialists filed a petition for rulemaking earlier this week with the Texas Commission of Environmental Quality to allow the disposal of Greater-than-Class-C waste in its federal facility. TCEQ now has 60 days to decide whether to initiate a rulemaking process that, if enacted as WCS has petitioned, would enable the disposal of GTCC […]
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Commercial Low-Level Waste
Perma-Fix Announces $8 Million Remediation Contract
Perma-Fix Environmental Services announced late last week that it has been awarded a contract for $8 million to provide remediation services to a site in New Jersey. The contract is for 12 months at a former industrial site located in Teterboro, N.J., and work is set to begin this month with an end date of […]
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Commercial Low-Level Waste
NRC Extends Public Comment Period for LLW Strategic Assessment
The Nuclear Regulatory Commission has extended the deadline to submit public comments for the Low-Level Radioactive Waste Program’s Strategic Assessment. The NRC is soliciting public comment on its Strategic Assessment to address developments in the national program for LLRW disposal as well as changes in the regulatory environment since it originally formed its assessment, according […]
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Commercial Low-Level Waste
Robatel Cask Makes Inaugural Shipment to WCS
Jeremy L. Dillon RW Monitor 7/3/2014 Waste Control Specialists received its first shipment this week using its new Type-B shipping container. WCS contracted with Robatel Technologies to provide three Type B casks capable of shipping Class B and C low-level radioactive waste. The first of the three casks was delivered by Robatel in January, while […]
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Commercial Low-Level Waste
Dallas Morning News Editorial Accuses WCS of ‘Stealthily’ Expanding Site Operations
Jeremy L. Dillon RW Monitor 6/27/2014 As Waste Control Specialists continues to expand its role in the disposal industry, an editorial that appeared in the Dallas Morning News last week criticized the disposal site for “stealthily” seeking to expand the types of radioactive waste the site can accept without a proper public dialogue. Notably, the […]
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Commercial Low-Level Waste
Philotechnics Shipment to EnergySolutions’ Bear Creek Facility Cited for Noncompliance
Staff Reports RW Monitor 6/27/2014 A rad-waste shipment that arrived June 12 at EnergySolutions’ Bear Creek treatment facility in Oak Ridge failed to pass a survey inspection and that resulted in a Notice of Noncompliance for the shipper, Philotechnics, a waste-management firm with offices in Oak Ridge and California. The Tennessee Department of Environment and […]
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Commercial Low-Level Waste
EnergySolutions Closing Memphis Processing Facility
Jeremy L. Dillon RW Monitor 6/20/2014 EnergySolutions announced this week the closure of its Memphis Processing Facility, according to an internal announcement obtained by RW Monitor. EnergySolutions acquired the facility back in March when it purchased all of Studsvik’s U.S. operations in a deal worth $23 million. According to the announcement, the decision to close […]
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Commercial Low-Level Waste
US Ecology Finalizes EQ Acquisition
Jeremy L. Dillon RW Monitor 6/20/2014 U.S. Ecology finalized its purchase of The Environmental Quality Company this week for $465 million, making the previously announced acquisition official. US Ecology announced back in April that it would purchase EQ in an effort to expand its geographic reach. “The acquisition of EQ aligns perfectly with our strategy […]
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Commercial Low-Level Waste
US Ecology Finalizes EQ Acquisition
U.S. Ecology finalized its purchase of The Environmental Quality Company yesterday for $465 million, making the previously announced acquisition official. US Ecology announced back in April that it would purchase EQ in an effort to expand its geographic reach. “The acquisition of EQ aligns perfectly with our strategy of leveraging high quality treatment, disposal and […]
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Commercial Low-Level Waste
Perma-Fix Subsidiary Adds Medical Industry Advisor
Perma-Fix Medical Services, a subsidiary of Perma-Fix Environmental Services, will add Stephen Belcher to its advisory board. Belcher, who has 19 years of nuclear pharmaceutical experience, has already provided “valuable strategic insight” while “bringing very deep industry relationships,” according to Perma-Fix CEO Lou Centofanti. Last week during a presentation in Poland, Centofanti had said that […]
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Commercial Low-Level Waste
VALHI BLAMES CASK SHORTAGE FOR WCS OPERATING LOSS
Valhi, Inc., the parent company of Waste Control Specialists, reported that its waste management segment suffered an operating loss of $8.5 million in the first quarter of 2014, down from an operating loss of $1.6 million in the same period of 2013. In its quarterly filing to the Securities and Exchange Commission, Valhi blamed the […]
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Commercial Low-Level Waste
PERMA-FIX WILL HOST 1Q CONFERENCE CALL THIS WEEK
Perma-Fix Environmental Services will host its 2014 first quarter conference call on Thursday at 11 a.m. The company hinted in its 2013 results conference call that the first quarter results were “nothing to brag about,” according to Perma-Fix Chairman and CEO Lou Centofanti. The call will be available on the company’s website at www.perma-fix.com or […]
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Commercial Low-Level Waste
PERMA-FIX GOES THROUGH ORGANIZATIONAL RE-ALIGNMENT
Perma-Fix Environmental Services went through an organizational re-alignment this past weekend that included a reduction in its workforce. The re-alignment included a reduction of 18 employees across the company. “Perma-Fix has realigned our organization to focus on increasing our efficiency in operations, based upon where we see the market today,” Perma-Fix spokesperson Anne Smith said. […]
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Commercial Low-Level Waste
US ECOLOGY CONTINUES 2013 SUCCESS IN Q1 OF 2014
After experiencing a better than expected first quarter, U.S. Ecology has upped its expect EBITA for 2014 by $4-8 million to an estimated $74-78 million, the company said in its first quarter results. According to U.S. Ecology, net income for the first quarter of 2014 was $9.4 million, up from $5.4 million in the first […]
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Commercial Low-Level Waste
WCS AWARDED CONTRACT TO DISPOSE OF SPRU LLRW
Waste Control Specialists announced yesterday that it has been awarded a contract to dispose of low-level radioactive waste from the Separations Process Research Unit (SPRU) at the Knolls Atomic Power Laboratory in Niskayuna, N.Y. The contract, awarded by URS Energy and Construction, the prime contractor at the Department of Energy site, calls for the transportation, […]
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Commercial Low-Level Waste
STUDSVIK DECREASED RISK WITH US OPERATIONS SALE
Studsvik decreased the company’s risk exposure with the sale of its U.S. operations, according to the company’s first quarter interim report posted yesterday. Studsvik sold its processing facilities in Erwin and Memphis, Tenn., the acquisition of the THOR technology for the commercial North American and Chinese markets, and Studsvik’s portion of the joint venture it […]
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Commercial Low-Level Waste
PERMA-FIX: ‘SUBSTANTIAL DOUBT’ ABOUT FINANCIAL FUTURE
Perma-Fix Environmental Services yesterday reported a net loss of approximately $36 million for 2013, including an approximate $28 million loss in goodwill impairment charges, which measures a company’s intangible assets. “The reduction in our revenue has resulted in our inability to attain profitable operations and have generated negative operating cash flow from operations,” the company […]
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Commercial Low-Level Waste
PERMA-FIX TO HOLD 2013 EARNINGS CALL TODAY
Perma-Fix Environmental Services will hold its earnings call today at 11 a.m. to discuss the company’s fourth quarter and 2013 results. The company is expected to report a net loss of approximately $34.5 million for 2013, according to a filing with the Securities and Exchange Commission from two weeks ago. The call will be available […]
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Commercial Low-Level Waste
PERMA-FIX ANNOUNCES SAFETY LIGHT SUPERFUND SITE CONTRACT
Perma-Fix Environmental Services announced yesterday that it has received a contract from Kemron Environmental Services to help in the cleanup of the Safety Light Superfund Site, located in South Centre Township, Pa. The contract, valued at more than $500,000, calls for Perma-Fix “to provide radiation safety, waste characterization, and brokerage services” at the site over […]
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Commercial Low-Level Waste
US ECOLOGY TO PURCHASE EQ FOR $465 MILLION
US Ecology, Inc. today announced that it has entered into an agreement to acquire EQ – The Environmental Quality Company, an environmental services and waste management company based in Wayne, Michigan, with facilities throughout the Eastern United States. EQ is owned by an affiliate of New York based private equity fund Kinderhook Industries, LLC. The transaction, valued at $465 million, is expected […]
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Commercial Low-Level Waste
PERMA-FIX DELAYS FILING 2013 FINANCIAL RESULTS, NET LOSS LOOMS
Perma-Fix Environmental Services notified the Securities and Exchange Commission yesterday that it would be late filing its 2013 financial statements because the company “is engaged in discussions with certain parties, the result of which could affect our 2013 audited financial statements,” the SEC filing said. According to the filing, Perma-Fix anticipates to report a net […]
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Commercial Low-Level Waste
INTERNATIONAL ISOTOPES REPORTS NET LOSS IN 2013
International Isotopes suffered another negative year in 2013, with a net loss of approximately $2.5 million, according to a company release yesterday. The net loss in 2013 increased approximately ten percent compared to the $2.2 million net loss suffered in 2012. The company placed much of the blame for the poor year on a decrease […]
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Commercial Low-Level Waste
PERMA-FIX NAMES INTERIM COO
Perma-Fix Environmental Services announced yesterday that John Lash will take over as interim Chief Operating Officer, pending a board approval. Lash, who has been serving as Perma-Fix’s Senior Vice President of Operations for the Treatment Segment, will replace James Blankenhorn, who is leaving to serve as the Recovery Manager for URS at the Department of […]
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Commercial Low-Level Waste
VALHI EXPECTS POSITIVE 2014 FROM WCS
Valhi Inc., the parent company of Waste Control Specialists, expects WCS to begin operating profitably in 2014 after suffering an operating loss in 2013, although the company warned it would not be opposed to seeking “strategic alternatives” if cash flow does not improve, according to a Securities and Exchange Commission filing yesterday. WCS suffered an […]
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Commercial Low-Level Waste
ENERGYSOLUTIONS COMPLETES DEAL ACQUIRING STUDSVIK’S US ASSETS
EnergySolutions has completed its purchase of Studsvik’s commercial U.S. operations, the company announced yesterday. The deal includes the purchase of Studsvik’s processing facilities in Erwin and Memphis, Tenn., the acquisition of the THOR technology for the commercial North American and Chinese markets, and Studsviks’s portion of its and EnergySolution’s joint venture with the SEMPRASAFE resin […]
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Commercial Low-Level Waste
VALHI NAMES NEW BOARD MEMBERS
Valhi Inc. named three new members to its board of directors, according to a Securities and Exchange Commission filing from late last week. Included was William Lindquist, current CEO of Waste Control Specialists. WCS is a subsidiary of Valhi, and Lindquist serves as a vice president within Valhi. “Effective February 27, 2014, the registrant’s board […]
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Commercial Low-Level Waste
NRC ISSUES SRM FOR PART 61
The Nuclear Regulatory Commission has directed a three-tier approach as the performance assessment analysis for a low-level waste disposal site, including a time of compliance of 1,000 years, according to the 10 CFR Part 61 Staff Requirements Memorandum issued this week. Previously, the NRC staff’s draft rulemaking would require low-level radioactive waste disposal sites to […]
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Commercial Low-Level Waste
SOUTHEAST COMPACT ENTERS INTO NEGOTIATIONS FOR NEW EXEC. DIRECTOR
The Southeast Compact Commission is negotiating with Ted Buckner to serve as its new Executive Director, according to a resolution issued by the Commission late last week. The resolution also authorizes an ad hoc group, made up of Chairman Michael Mobley, Vice-Chairman Debra Shults, Secretary-Treasurer Herbert Wheary, Chairman of the Policy and Planning Committee John […]
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Commercial Low-Level Waste
WCS TO DISPOSE OF DOE LOS ALAMOS WASTE
The Department of Energy awarded Waste Control Specialists a task order yesterday to dispose of Class C mixed low level waste from the Los Alamos National Laboratory Legacy Waste Project. The fixed-price task order calls for the disposal of 364.9 cubic yards of waste generated at the DOE Los Alamos National Laboratory from cleanup and […]
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Commercial Low-Level Waste
ENERGYSOLUTIONS PURCHASES STUDSVIK’S U.S. OPERATIONS
EnergySolutions is set to purchase Studsvik’s U.S. operations in deal worth $23 million. The sale includes Studsvik’s operations in Erwin and Memphsi, Tenn., as well as its holding in SempraSafe. Additionally, EnergySolutions acquires patents related to the THOR treatment technology in China and the rights to use the patents in the commercial market in North […]
