AA Midwest, a division of AAEQ Manufacturers
and Recyclers, recently opened its new automotive recycling facility
in Blue Island, Illinois. The facility significantly increases
the capacity for AA Midwest to dismantle vehicles and export
complete engine, drive train systems and body components to developing
countries.
Located in the south suburbs of Chicago, the
80,000 sq.ft. facility allows AA Midwest to increase the number
of vehicles processed from 40 to over 500 per month.
Ze-gen’s
Scientific Advisory Board grows
Ze-gen, Inc. announced that Dr. Jeff Tester
and Dr. Mert Flemings have joined the company’s Scientific Advisory
Board. The Scientific Advisory Board focuses on overseeing and
driving the technical development of Ze-gen’s advanced gasification
technology and offers scientific guidance on the company’s technical
direction.
Dr. Jefferson Tester has been involved in chemical engineering
process research as it relates to renewable and conventional
energy extraction and conversion and environmental control technologies
for over three decades.
He is currently the H.P. Meissner professor of chemical engineering
at the Massachusetts Institute of Technology. From 1989-2001,
Dr. Tester served as director of MIT’s energy laboratory. He
has also served as the director of MIT’s School of Chemical Engineering
Practice Program and a group leader in the Geothermal Engineering
Group at Los Alamos National Laboratory.
Dr. Merton Flemings has been active nationally and internationally
in strengthening the field of materials science and engineering
and in delineating new directions for the field. He has an extensive
background on the engineering fundamentals of materials science,
and on the innovation of materials processing operations.
Dr. Flemings is currently a professor of materials processing
and director of the Lemelson-MIT Program, a program at MIT that
aims to honor inventors and to inspire inventiveness in young
people. He previously served as co-director of the Singapore-MIT
Alliance. He established the Materials Processing Center at MIT
in 1979 and was its director from 1979-1982. He also served as
head department of materials science and engineering, from 1982-1995,
and thereafter returned to teach and research.
Former
DuPont leader joins SunEthanol as CEO
SunEthanol announced that it has hired biofuels
leader William Frey, Ph.D., as the cellulosic ethanol company’s
new chief executive officer.
Previously, Dr. Frey led the efforts to commercialize advanced
biofuels and new cellulosic process technologies being developed
by DuPont. Frey was one of the first business development leaders
who established the DuPont Bio-Based Materials business in the
late 1990’s, now known as DuPont Applied BioSciences. He personally
led the team that developed DuPont Biofuels as a business unit
in 2002, and has broad partnership experience with industry leaders
such as BP, British Sugar, Tate & Lyle and Genencor, a division
of Dansico, as well as significant experience in working with
global government agencies, including the U.S. Department of
Energy. Dr. Frey had been with DuPont for 28 years prior to accepting
the position as CEO of SunEthanol.
Oil Purification
Systems joins WasteWise Program
Oil Purification Systems (OPS) is participating
in the United States Environmental Protection Agency’s (EPA)
WasteWise program.
As a WasteWise endorser, OPS will help promote environmental
sustainability to its customers, partners and suppliers, will
continue to bring attention to the important issue of reducing
waste oil and will work with other WasteWise members to create
positive partnerships that will encourage additional awareness
of environmental issues.
WasteWise is a free, voluntary EPA program through which organizations
eliminate costly municipal solid waste and select industrial
wastes, benefiting their bottom line and the environment. WasteWise
is a flexible program that allows partners to design their own
waste reduction programs tailored to their needs, and also provides
free technical assistance to help organizations develop, implement
and measure waste reduction activities.
Westbound Transpacific Stabilization Agreement
(WTSA) lines will raise their bunker surcharges, effective July
1, 2008, to $600 per 40-foot container (FEU), or the full formula
level in effect at the time, whichever is lower. As of October
1, surcharge levels for all tariff and contract cargo will be
increased to the full, floating bunker surcharge in effect at
that time, and will then be adjusted monthly to float with fuel
price fluctuations under the WTSA calculation formula.
WTSA is a voluntary discussion and research forum of 10 major
ocean and intermodal container shipping lines serving the trade
from ports and inland points in the United States to destinations
throughout Asia.
Global
8 Environmental appoints new CFO
Global 8 Environmental Technologies, Inc., a
developer of environmental technology solutions, announced the
appointment of industry veteran, Carl Mennie to the position
of chief financial officer.
Prior to joining Global 8, Mennie served as division controller
for Allied Waste Industries, Inc. where he was one of only two
controllers in the company’s western region to receive an award
for excellence. Mennie was instrumental in improving the overall
quality and accuracy of accounts receivable, reducing expenses,
maximizing efficiency and implementing key controls for Sarbanes-Oxley
compliance regulations.
Mennie also served as a senior financial analyst for Household
Credit Services where he was responsible for budgeting and forecasting
the financial and statistical performance of several operational
departments, including customer retention and fraud detection.
ThermoEnergy
announces results for first quarter
ThermoEnergy Corp. reported total operating revenue of $409,000
for the first quarter ended March 31, 2008 compared to $73,000
for the quarters ended March 31, 2007. The Company’s water subsidiary
CASTion reported $226,000 in revenue, while the Power Group contributed
$183,000 in revenue.
The Company had total operating expenses of $1,654,000 for the
first quarter 2008 compared to $821,000 for the quarter that
ended March 31, 2007. Over one-third of the first quarter 2008
operating expenses represented the expense of options, and other
one time expenses related to the consolidation of CASTion, and
discount to convertible debt. Without these one time expenses,
operating expenses for the quarter were flat from year to year
including the increased staff from the CASTion acquisition and
additional hires to help promote the ARP technology solution.
Management believes that current operating expenses will support
revenue and sales expected for the remaining of the year.
Loss per share was $.05 per share for the first quarter 2008,
compared to the loss per share of $.03 for the same period in
2007.
CleanTech
Biofuels promotes Michael Kime
CleanTech announced that Michael Kime has been promoted to the
position of chief operating officer. Kime previously served as
general counsel. He will continue in that role in addition to
his new executive responsibilities.
Before joining CleanTech Biofuels, Kime was a partner in the
St. Louis law firm Sauerwein, Simon, Blanchard & Kime, PC
where he managed the firm’s corporate law practice. Kime serves
on the board of directors of Missouri Votes Conservation, a bi-partisan
environmental lobbying group.
Cartridge
World names Joy James senior VP
Cartridge World announces the appointment of Joy James as senior
vice president of business development.
James, who most recently served as managing principal of The
Joy James Group (JJG), a management consulting firm that specializes
in the imaging industry space, will be responsible for driving
Cartridge World North America’s growth and spearheading the go-to-market
approach in order to deliver small-to-medium sized businesses
with complete printing solutions.
With nearly 15 years of experience in the printer cartridge aftermarket,
James brings extensive experience in management. Prior to forming
JJG, James co-founded InkCycle. In addition, James has built
several aftermarket supplies companies during her career, including
Environmental Reclamation Services and Dataproducts/Hitachi Koki
Imaging Supplies division.
Peterbilt
of Bristol named East trailer dealer
Peterbilt of Bristol, Inc., serving a nine-county region in
the Bristol, Virginia area, was recently named an authorized
dealership for East Manufacturing, offering the company’s full
line of flatbeds, dump trailers and accessories.
With 31 employees in a 27,000 square foot facility, Peterbilt
of Bristol has a 22-bay repair shop and also builds custom trucks.
Established in 2002, Peterbilt of Bristol is located at 33392
Lee Highway, in Glade Spring, Virginia.
Federal
Environmental Executive appointed
The White House announced that President George W. Bush intends
to appoint Joseph Cascio, of Maryland, to be the next Federal
environmental executive.
Cascio currently serves as a senior associate at Booz Allen Hamilton.
Prior to this, he served as vice president of the International
Resources Group, Limited. Earlier in his career, he served as
vice president of the Global Energy and Technology Foundation.
SA Recycling
acquires Pacific Coast Recycling
Sims Group Limited announced that SA Recycling, a joint venture
between Sims Group and Adams Steel, has purchased Long Beach,
California based Pacific Coast Recycling, LLC (PCR) from Mitsui & Co.
Ltd. and its 100% subsidiary Mitsui & Co. (USA), Inc. The
financial terms of the deal, including price, were not disclosed.
PCR operates seven facilities in California, including locations
in the Port of Long Beach, San Diego, Fontana, and South Gate,
processing both ferrous and nonferrous scrap metal with annual
shipments of approximately 1 million metric tons.
Heil Environmental
names Valley Truck as dealer
Heil Environmental has named Valley Truck and Trailer Service
of Glendale, Arizona, as its dealer for the state of Arizona
effective July 1, 2008. As the Heil dealer, Valley Truck will
provide national, municipal and private customers throughout
the state with Heil refuse and recycling collection vehicles,
Heil Certified OEM replacement parts, Parts Inc. aftermarket
parts, and complete vehicle service.
Located within the Phoenix metropolitan area, Valley Truck has provided complete
service and support for medium and heavy-duty trucks in the region since 1984.
Its 12,000-square-foot facility, situated on two acres, includes 12 service bays.
The company also has a mobile service truck and parts delivery trucks, for maximum
customer convenience.
Klinger
named new director on Navistar board
The board of directors of Navistar International Corporation
appointed Steven J. Klinger, president and chief operating officer,
Smurfit-Stone Container Corporation, as a new director effective
as of June 2, 2008.
Since joining Smurfit-Stone in May 2006, Klinger has been an
important driver of the company’s three-year transformation process
which includes reducing the company’s cost structure, streamlining
the manufacturing process, upgrading the leadership talent, and
aligning sales and marketing.
Klinger joined Smurfit-Stone following a 23 year career at the
Georgia-Pacific Corporation where he most recently served as
executive vice president, packaging, pulp and global procurement.
Newpark
Resources chooses division leader
Newpark Resources, Inc. announced that William D. Moss, has
been named president of Newpark’s Mats and Integrated Services
business, effective June 2, 2008. He will be based in The Woodlands,
Texas and is also an executive officer of Newpark Resources,
Inc.
Before joining Newpark, Moss held management positions at BJ
Services Company, most recently, since 1997, as division president
of BJ Chemical Services, a provider of production and industrial
chemicals, remedial pumping and capillary services to domestic
and international customers. He previously served as director,
logistics of BJ Services with responsibility for the worldwide
logistics organization.
Sims Group
acquires Clearhouse Technology
Sims Recycling Solutions, operating as Sims E-Recycling Pty
Ltd. in Australia, expanded its asset recovery business in the
end-of-life IT disposal market through the acquisition of the
assets and business of Clearhouse Technology Pty Ltd.
Clearhouse Technology Pty Ltd. based in Melbourne, Australia
was founded in 2003 and has grown to be one of the leading service
providers in the region covering the collection, data protection,
redeployment and remarketing of obsolete IT equipment for a variety
of government and B2B customers.
Tony Nestola and Glenn Reid, founders of Clearhouse Technology
will continue as consultants for Sims and will work closely with
Kumar Radhakrishnan, senior vice president, APAC for Sims Recycling
Solutions.
Hirschmann
names new premier dealer
Hirschmann Automation and Control (PAT) located in Chambersburg,
Pennsylvania, has named Columbus Equipment Co. as their new Premier
Dealer for the state of Ohio.
Columbus Equipment Co. carries Hirschmann’s entire line of PAT,
Krueger, and Hirschmann-branded load moment indicators, indicating
devices, and sensors, including the iVISOR maestro LMI upgrade
system.
Smurfit-Stone
cements new appointments
Smurfit-Stone Container Corporation has named Kevin Rauber vice
president and general manager of national accounts for the company’s
recycling division, and promoted Anthony DiIenno to vice president
of national accounts for the recycling division.
Rauber will provide overall leadership to the company’s waste
services, non-paper sales and national account groups.
DiIenno will lead the national account sales team, as well as
overseeing the division’s sales training program.
Rauber has more than 20 years of operations, sales, marketing
and business development experience in the solid waste industry.
Prior to joining Smurfit-Stone, he served as director of business
development, sales and marketing for EnviroSolutions in Manassas,
Virginia.
DiIenno joined Smurfit-Stone in April 2007 as director of national
fiber procurement. A 22-year veteran of the recycling industry,
he has extensive high-grade waste paper experience in domestic
and foreign markets.
China
Recycling Energy appoints new director
China Recycling Energy Corp. (CREG), an industrial waste-to-energy
solution provider in China, announced that it has appointed Nicholas
Shao of Carlyle Asia Growth Partners, as a member of the board
of directors. This brings the total number of CREG directors
to four.
Columbus-based
recycler restructures management
Steve Grossman, president of The Grossman Group, Inc., a central
Ohio waste recycling and marketing of recycling resistant materials
business, has announced the reorganization of the company.
A new entity, Industrialbags.com, Inc. will continue The Grossman
Group’s Industrialbags.com division’s business of manufacturing
and sales of industrial strength bagging lumber wrap and other
poly materials. The company’s recycling activities, including
its recycling operations at its plant which is subleased from
SWACO in Columbus, are being transferred to Grossman Environmental
Recycling, Inc. The Grossman Group, Inc. will focus on its materials
marketing business and environmental consulting while simultaneously
sharing knowledge gained from its almost forty years of recycling
experience with communities, non-profit organizations and other
entities desiring to expand their recycling and waste reduction
activities.
Nucor
declares dividend plus supplemental payout
The board of directors of Nucor Corporation declared a regular
quarterly cash dividend of $.32 per share on Nucor’s common stock.
In addition to the $.32 per share base dividend amount, Nucor’s
board approved the payment of a supplemental dividend of $.20
per share, for a total dividend of $.52 per share. This cash
dividend is payable on August 11, 2008 to stockholders of record
on June 30, 2008, and is Nucor’s one-hundred forty-first consecutive
quarterly cash dividend.
The supplemental dividend is based primarily on Nucor’s continued
strong results. The payment of the supplemental dividend in any
future period will depend upon many factors, including Nucor’s
earnings, cash flows and financial position.
Constellation
Energy acquires power plant
Constellation Energy announced it has completed the purchase
of the West Valley gas-fired peaking plant near Salt Lake City,
Utah, from a unit of Iberdrola Renewables, Inc. Constellation
Energy assumed ownership and began operating the power plant
earlier this month.
A 200-megawatt natural gas plant, the West Valley plant was owned
by West Valley Leasing Company, LLC., but has been leased to
PacifiCorp since the plant began commercial operation in 2002.
The West Valley plant operates during peak demand periods, such
as hot summer and cold winter days. By permit design, the plant
is limited to operating a certain number of hours per year.
Constellation Energy also is a part owner and operator of the
Sunnyside Cogeneration plant, a power plant fueled by waste coal
located outside Price, Utah.
ECO2 Plastics
appoints new members to board
ECO2 Plastics, Inc., announced the appointment of Tom Hutton,
John Moragne and David Buzby to the Company’s board of directors.
The appointments are associated with the recent close of $6.5
million in financing led by Trident Capital and Thompson Hutton,
LLC.
Tom Hutton joins the board as chairman, replacing William Whittaker
who remains a director. Gary De Laurentiis, Ronald Domingue and
Lawrence Krause have resigned their board positions, allowing
the new members to be appointed. De Laurentiis, founder of ECO2,
remains as the Company’s chief technology officer.
The experience of the new Board members is extensive; Tom Hutton
served as a director of a number of private and public companies;
David Buzby is a veteran of the recycling industry and investor
in Clean Tech companies such as Sun Edison, where he serves as
chairman; and John Moragne, co-founder and managing director
of Trident Capital, who in addition to his venture experience,
holds numerous directorships in both public and private companies.
ArcelorMittal
acquires Canadian metals recycler
ArcelorMittal has signed an agreement to acquire Bakermet, a
scrap metal recycler located in Eastern Ontario, Canada.
Bakermet, which specializes in all types of ferrous and non-ferrous
metal, processed approximately 130,000 short tons of ferrous
and 40 million pounds of non-ferrous metals in 2007. The plant,
located near Ottawa, will secure upstream self sufficiency in
shredded metal for ArcelorMittal’s Contrecoeur mill.
Caterpillar
acquires certain Gremada assets
Caterpillar, Inc. and Gremada Industries, Inc. announced that
Caterpillar will acquire certain assets of Gremada Industries.
The acquisition agreement was signed on June 15, 2008, and the
deal is expected to close upon completion of legal and regulatory
requirements.
Gremada Industries is a leader in the processes of remanufacturing
and reclaiming metal parts and components used in transmissions,
torque converters and final drives. Gremada provides service
support for off-highway equipment used in the mining and petroleum
industries, and it has extensive experience providing remanufacturing
expertise for equipment used for petroleum drilling applications.
Privately held Gremada is based in West Fargo, North Dakota,
and has another nearby primary location in Fargo, North Dakota.
The company has more than 200 employees, who will become part
of Caterpillar’s Remanufacturing Division following the closing
of the deal. Financial details of the agreement are not being
disclosed.
