Tag: Louisiana

US Ecology Announces Purchase of Ecoserv Industrial Disposal

Posted on by MidwestCompact

On November 14, 2018, US Ecology announced the acquisition of Ecoserv Industrial Disposal — a wholly owned subsidiary of Ecoserv and a leading provider of non-hazardous industrial wastewater disposal solutions in the Gulf Coast.

Overview

The Ecoserv Industrial Disposal facility employs deep-well injection technology and is strategically positioned within reach of key markets such as Houston and Beaumont in Texas and Lake Charles in Louisiana.  The facility serves refinery, petrochemical and environmental services customers.  Total consideration for the business and related property was $87.2 million, subject to a working capital adjustment, and will be funded from cash on hand and US Ecology’s existing credit facility.

“This acquisition adds unique, high volume industrial liquids disposal capabilities, complements other investments we’ve made in the region, and strengthens our comprehensive environmental services offerings,” commented US Ecology Chair, President and Chief Executive Officer Jeff Feeler.  “The facility, permitted for a wide variety of non-hazardous industrial waste including solids, sludges, leachate, and ammonia, offers a lower cost alternative to traditional wastewater treatment.”

The transaction closed on November 14, 2018.  It will be reported as part of the Environmental Services segment.  The transaction is expected to be accretive to earnings per share.  US Ecology expects no significant financial impact to 2018 earnings per share or Adjusted EBITDA for the six weeks of ownership in 2018 and reaffirms its previously issued 2018 earnings guidance that was disclosed in the company’s third quarter earnings release on November 1, 2018.  US Ecology expects the acquisition to contribute approximately $9.0 million to $10.0 million of Adjusted EBITDA in 2019. 

Background

US Ecology is a North American provider of environmental services to commercial and government entities.  The company addresses the complex waste management needs of its customers, offering treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a wide range of complementary field and industrial services.

“US Ecology’s focus on safety, environmental compliance and best–in-class customer service enables us to effectively meet the needs of our customers and to build long-lasting relationships,” states the company’s press release.  “US Ecology has been protecting the environment since 1952 and has operations in the United States, Canada and Mexico.”

For additional information, please contact Joe Weismann at (208) 331-8400 or at jweismann@usecology.com or go to www.usecology.com.

Central Interstate Commission Passes Resolution Authorizing Waste Exports

Posted on by MidwestCompact

On June 20, 2017, the Central Interstate Low-Level Radioactive Waste Commission held its annual meeting at the Capital Hotel in Little Rock, Arkansas.

During the meeting, the Commission passed a resolution granting approval for all low-level radioactive waste generators in the compact region (Arkansas, Kansas, Louisiana, and Oklahoma) to export their low-level radioactive waste without first making application to the Commission.

The text of the resolution is as follows:

WHEREAS, the Central Interstate Low-Level Radioactive Waste Commission (“Commission”) was established in 1984 pursuant to the Central Interstate Low-Level Radioactive Waste Compact (“Compact”) (Public Law 99-240) and has, as current member states, Arkansas, Kansas, Louisiana, and Oklahoma, and  

WHEREAS, Article III.g. of the Compact provides that, unless authorized by the Commission, it shall be unlawful after January 1, 1986 for any person to export from the region, low-level radioactive waste (“LLRW”) generated within the region, and to transport LLRW from the site at which it is generated except to a regional facility, and 

WHEREAS, in 2006, the Commission adopted a resolution to not actively pursue siting a regional facility in one of the member states, and  

WHEREAS, by not having a regional facility in one of the member states, all LLRW generators in the member states have exported their LLRW wastes from the region to a non-Compact disposal facility after having applied to, and obtained authorization from, the Commission, as required by Article III.g., and 

WHEREAS, the Commission has determined there is no further need to require each LLRW generator to apply to the Commission for export authorization,  

BE IT NOW THEREFORE RESOLVED THAT:

 

A. This Resolution shall take effect July 1, 2017 and shall serve as authorization for export required under Article III.g. of the Compact.

B. The Commission authorizes all LLRW generators within the member states to export LLRW generated at their facilities to any duly authorized and permitted disposal facility outside of the Compact, without application to the Commission or payment of any application fee, provided the export is done in compliance with all applicable state and federal laws and regulations and any terms or conditions required of both the disposal facility to receive the LLRW and the regional Compact in which the disposal facility is located. 

C. Within 30 days of the date this Resolution is adopted, the Administrator shall ensure a copy of this Resolution is posted on the Commission’s webpage and is provided to: 

  • all LLRW generators who have filed Export Applications with the Commission during Fiscal Years 2015 to the present; and
  • the following LLRW disposal facilities and their associated Compact:
    • EnergySolutions in Barnwell, South Carolina (Atlantic Compact);
    • EnergySolutions in Clive, Utah (Northwest Compact);
    • S. Ecology in Richland, Washington (Northwest Compact); and
    • Waste Control Specialists in Andrews, Texas (Texas-Vermont Compact).

This resolution shall remain in effect until modified, suspended, or revoked by the Commission.

The resolution was adopted by a 4 to 0 vote of the Central Interstate Low-Level Radioactive Waste Commission.  The effective date of the resolution, which was signed by Commission Chair Jon Roberts, is July 1, 2017.

For additional information, please contact Kristie Valtierra, Administrator of the Central Interstate Low-Level Radioactive Waste Compact Commission, at (402) 702-5220 or at admin@cillrwcc.org or visit their web site at www.cillrwcc.org.

Central Interstate Compact Relocates Offices to Oklahoma

Posted on by MidwestCompact

Effective February 1, 2017, the offices of the Central Interstate Low-Level Radioactive Waste Compact Commission were relocated from Lincoln, Nebraska to Oklahoma City, Oklahoma.  In addition, Kristie Valtierra is now serving as the new Administrator of the Commission, following the retirement of Rita Houskie.

The Central Interstate Commission’s new address and contact information are as follows:

Central Interstate LLRW Commission
707 North Robinson Avenue
P.O. Box 1042
Oklahoma City, OK 73101
(405) 702-5220 – phone
(405) 702-5101 – facsimile
admin@cillrwcc.org – email

The Commission’s webpage address remains the same at http://www.cillrwcc.org/.

The Central Interstate Compact is comprised of the member states of Arkansas, Kansas, Louisiana and Oklahoma.

For additional information, please contact Central Interstate Commission Chair Jon Roberts at (405) 702-7111 or at jon.roberts@deq.ok.us.

Central Interstate Compact Commission to Hold Annual Meeting

Posted on by MidwestCompact

On June 14, 2016, the Central Interstate Low-Level Radioactive Waste Commission will hold its annual meeting.  The meeting—which will be held at the Hilton Hotel in Shreveport, Louisiana—is scheduled to begin at 9:00 a.m. CDT.

The purpose of the meeting is to take necessary action and discussion on proposed changes to the By-Laws and Rules, reports, meeting minutes, export applications, export fee schedule (Rule 1), administrative budget, election of Chairman for fiscal year 2016-2017, and all other business to come before the Commission.

An agenda, kept continuously, is available by contacting the Commission’s office or going to their web page.

For additional information, please contact Rita Houskie, Administrator of the Central Interstate Low-Level Radioactive Waste Compact Commission, at (402) 476-8247 or at rita@cillrwcc.org or visit their web site at www.cillrwcc.org.