Commercial Low-Level Waste

Studsvik yesterday announced a company re-alignment aimed at better customer focus and profitable growth. The changes, scheduled to take effect on Jan. 1, 2014, split the organization into three sectors: Waste Treatment, Consulting Services, and Operating Efficiency. Currently, Studsvik divides its business areas into Waste Treatment, Decommissioning, Engineering Services, and Operating Efficiency. The new Waste Treatment section […]

The Texas Compact Commission’s rule review took a more definitive shape last week during the Compact’s public meeting as the committee dedicated to the review listed nine categories of emphasis that needed to be addressed. Previously, members of the Commission had said that “everything and anything” was under review. The nine points of emphasis, according […]

A legal dispute between EnergySolutions and Kurion over Kurion’s use of a waste treatment technology has moved into a new round, as EnergySolutions late last week refiled its suit for a third time, this time splitting it between two venues. According to Energy Solutions spokesman Mark Walker, the company has filed against Kurion Vice President […]

U.S. Ecology announced yesterday that it is issuing a common stock public offering of up to 2.6 million shares. With a current stock price of $38.47, the offering should net the company $100 million, which, according to a release, U.S. Ecology intends on using for “general corporate purposes.” These purposes could include paying off a […]

Perma-Fix Environmental Services’ future is likely to be a topic of discussion when the company discusses its third quarter 2013 financial results with investors today in a call scheduled for 10 a.m. Eastern. Perma-Fix saw a net revenue of $19.1 million in the third quarter, compared to $29.2 million for the same period last year, […]

Perma-Fix Environmental Services remained optimistic about its future yesterday during its third quarter 2013 financial results investor’s call despite a poor performance in the quarter. The company pointed to an increased backlog of waste treatment that occurred towards the end of the quarter along with what appears to be an improving government funding environment as […]

EnergySolutions is starting off 2014 with familiar faces, and one new face, in a set of new senior management roles. As part of a new “consolidation” of the company’s management team, Mark Morant and Alan Parker have been named to oversee Projects; and Products, Projects and Technology, according to EnergySolutions spokesman Mark Walker. “Mark Morant […]

AREVA TN announced yesterday that it has entered into an agreement with Waste Control Specialists to provide support services for its TN RAM Cask. The agreement opens up a new disposal pathway for utilities to dispose of waste in the WCS facility, which accepts Class A, B, and C low level radioactive waste. “This agreement […]

The Texas Compact Commission rule review experienced a delay this month after a meeting with stakeholders to discuss possible changes was pushed back due to scheduling conflicts, according to Compact Chairman Bob Wilson during the Commission’s public meeting last week.  Wilson had previously said that this meeting—originally scheduled for early January—would be the final step […]

Waste Control Specialists has received approval from the Texas Commission of Environmental Quality this week to begin offering customers extended bulk disposal services for low-level Class A waste in its RCRA hazardous waste landfill. The new service comes after WCS aligned its license amendment for exempted waste from the TCEQ with the Nuclear Regulatory Commission’s […]

Waste Control Specialists re-affirmed its capability to provide disposal for waste from the decommissioning of the Vermont Yankee nuclear facility at the Texas-Vermont Compact Commission meeting yesterday. WCS President Rod Baltzer said at the meeting, “We look forward to working with Entergy, the State of Vermont and the Compact Commission to safely and securely facilitate […]

Perma-Fix Environmental Services’ one-for-five reverse stock split took effect at 12:01 a.m. this morning. In a release, the company said, “The combination of, and reduction in, the number of shares of the Company’s outstanding common stock as a result of the reverse stock split will occur automatically at 12:01 a.m. on October 15, 2013, without […]

Following a strong second quarter, U.S. Ecology announced strong third quarter results with a quarterly record for operating income of $15.5 million, up 25 percent from the same quarter in 2012. "Our impressive top line performance combined with continued operational improvements and cost control drove record operating income and adjusted EBITDA for a second consecutive […]

The delivery of four Type-B shipment casks to EnergySolutions–capable of shipping Class B and C low-level radioactive waste–should occur at the beginning of next year, EnergySolutions spokesman Mark Walker said. “We are expecting all 4 casks to be delivered no later than early Q1 of 2014,” he said in an email. EnergySolutionsowns and operates the […]

EnergySolutions filed a motion to dismiss its lawsuit challenging Kurion’s use of one of its waste treatment technologies in a New York court earlier this week so it could file the suit in another court, EnergySolutions spokesman Mark Walker said. “This dismissal is just a step in transferring the case to a different court. The […]

Perma-Fix Environmental Services, Inc. has promoted Richard Macon to Vice President of Nuclear Services Business Development, where he will continue working with new and existing clients including the Department of Energy, Department of Defense, the commercial nuclear industry and Canada. "Richard has done an excellent job researching new pursuits and representing us with clients,” Renee […]

A Nuclear Regulatory Commission advisory board recommended in a letter to commissioners late last week that a new rule be changed to require low-level radioactive waste sites to analyze disposal out to 1,000 years, rather than the 10,000 years currently in the draft version. The Advisory Committee on Reactor Safeguards said requiring site-specific analyses with […]

The Texas Compact Commission will meet today in Austin, Texas to consider several applications for import to Waste Control Specialists’ Andrews, Texas facility. The facility has a brief window to dispose up to 120,000 curies of imported waste before new legislation kicks in and the site’s annual capacity calendar is reset to coincide with the […]

The recent financial challenges that Perma-Fix Chairman and President Lou Centofanti called the “one of the most challenging fiscal environments in the company’s history” continued to impact the second quarter of 2013, with the company reporting revenues for that period yesterday as down to $22.8 million, compared to $33.7 million for the same period last […]

The Department of Energy plans an assessment of shipments of radioactive waste within short distances of Hanford after safety concerns were raised. The Washington State Department of Ecology raised some initial issues in a report on an ongoing inspection in July obtained by Hanford Challenge. However, the Department of Ecology does not have regulatory authority […]

An intense fire at Perma-Fix’s South Georgia industrial waste facility last Wednesday shut down operations at the plant and injured three employees. The cause of the fire at the plant in Valdosta, Ga., and the extent of damage remains unclear. The facility did not handle any nuclear material, and specialized in treatment, storage and disposal […]

Perma-Fix Environmental Services’ Board of Directors decided late last week to initiate a one-for-five reverse stock split that would take effect on Oct. 14, according to a Sept. 16 Securities and Exchange Commission filing. The move was strongly backed by shareholders at the company’s annual meeting, held Sept. 12, according to the filing. Perma-Fix has […]

Perma-Fix Environmental Services announced yesterday that Dr. Gary Kugler has joined its board of directors. Kugler currently serves as Chairman of the board of directors for Canada’s Nuclear Waste Management Organization and as a member on the board of directors for Ontario Power Generation. Perma-Fix CEO Lou Centofanti said in a statement, “Dr. Kugler brings […]

A Utah state court has dismissed a lawsuit EnergySolutions filed against Kurion over one of its waste treatment technologies, but the legal battle appears to be far from over. EnergySolutions sued Kurion earlier this year alleging that one of Kurion’s treatment methods for addressing radioactively contaminated water violated EnergySolutions’ intellectual property rights and sought an […]

David Lockwood, the EnergySolutions CEO who engineered the company’s recent sale to investment firm Energy Capital Partners, reached a new employment agreement to continue in that position late last week. According to filings with the Securities and Exchange Commission, under the employment agreement Lockwood will be paid $600,000 as an annual base salary, with the […]

Perma-Fix was granted another 180 days to raise its stock value above $1.00 per share for 10 consecutive business days, or NASDAQ has said it will delist the company, according to filings with the Securities and Exchange Commission. On Dec. 4, 2012 NASDAQ sent the first notice that the company’s consistently low share value was […]

With the deadline for a gubernatorial deadline passing yesterday, Waste Control Specialists can plan for their operational year to shift to begin Sept. 1, with their import capacity expanding at that time to 275,000 curies per year. The Texas legislature reached concurrence in late May on a modified funding bill that was amended at the […]

In what is set to be its final publicly available earnings report, EnergySolutions late last week reported a significant financial loss for the first quarter of 2013. EnergySolutions reported a loss of approximately $8.2 million, compared to a loss of $665,000 for the same quarter last year, according to a May 10 filing with the […]

  One week before the legislature adjourns, a bill in the Texas state legislature that was set to increase the annual cap on imported shipments to Waste Control Specialists was defeated late in the evening May 20 when long-time opponent of the site, state Rep. Lon Burnham (D-Ft. Worth), raised a technical issue with the […]

After the original bill to expand annual import limits was killed by a technicality May 20, late yesterday Waste Control Specialists succeeded in getting that expansion added via amendment to another bill, ultimately gaining House approval. In amendments added to a bill addressing the Texas Compact Commission’s funding, approved by the Texas state House on […]