Environmental Health

Clean Harbors Completes Acquisition of HEPACO

Retrieved on:

Monday, March 25, 2024

Environment, Recycling, Chemicals, Plastics, Rail, Environmental Health, Maritime, Transport, Manufacturing, CLH, Growth, Acquisition, Clean Harbors, Adjustment, Ecosystem

Clean Harbors, Inc. (“Clean Harbors” or the “Company”) (NYSE: CLH) today announced the completion of its acquisition of HEPACO, a leading environmental provider of field and emergency response services in the Eastern United States.

Key Points:

Clean Harbors, Inc. (“Clean Harbors” or the “Company”) (NYSE: CLH) today announced the completion of its acquisition of HEPACO, a leading environmental provider of field and emergency response services in the Eastern United States.
Clean Harbors purchased HEPACO from Gryphon Investors for $400 million in cash.
Clean Harbors expects the acquisition to generate cost synergies of approximately $20 million after the first full year of operations, which equates to a post-synergy acquisition multiple of 7.1 times.
Based on the completion date of the transaction, Clean Harbors currently expects that HEPACO will add approximately $30 million of Adjusted EBITDA in 2024.

Rubicon Launches Technical Advisory Services (TAS) Offering

Retrieved on:

Monday, March 25, 2024

Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of technology solutions for waste, recycling, and fleet operations, today announced the official launch of its Technical Advisory Services (“TAS”) offering, empowering customers to achieve sustainability goals with tailored zero waste and circular economy solutions.

Key Points:

Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of technology solutions for waste, recycling, and fleet operations, today announced the official launch of its Technical Advisory Services (“TAS”) offering, empowering customers to achieve sustainability goals with tailored zero waste and circular economy solutions.
The TAS offering has been developed in direct response to customer demand for sustainability expertise and strategic guidance.
From materials management strategies to staff education and roll-out, Rubicon is leveraging data and experience to turn waste challenges into opportunities.
“Whether you are starting your sustainability journey or refining existing programs to be more efficient and effective, Rubicon’s Technical Advisory Services provide a foundation for success,” said Ryan Cooper, Vice President of Circular Economy Solutions at Rubicon.

Industrial Demonstrations Program Selects Brimstone for Transformational $189 Million Federal Investment to Decarbonize Cement Industry

Retrieved on:

Monday, March 25, 2024

"Brimstone has uniquely reengineered the process to decarbonize cement, at low cost, while delivering the same product builders have trusted for generations.

Key Points:

"Brimstone has uniquely reengineered the process to decarbonize cement, at low cost, while delivering the same product builders have trusted for generations.
Today's announcement promises to be transformational, validating Brimstone's potential to decarbonize the cement industry and turbo-charging our path to market."
Brimstone has developed the only industrial process for producing industry-standard portland cement at competitive prices at scale, while significantly reducing carbon emissions.
The Industrial Demonstrations Program was created, expanded, and funded by the Bipartisan Infrastructure Law and the Inflation Reduction Act.

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

Retrieved on:

Tuesday, March 26, 2024

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).

Key Points:

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.

Arbor Day Foundation Plants, Distributes A Record 1.7 Million Urban Trees in 2023

Retrieved on:

Monday, March 25, 2024

Other Natural Resources, Environment, Forest Products, Sustainability, Agriculture, Natural Resources, Environmental Health, City, Tree, GIS, Arbor, Forestry

Newly released annual data from the Arbor Day Foundation shows the nonprofit helped to plant and distribute more than 1.7 million trees in cities, towns and communities worldwide in 2023.

Key Points:

Newly released annual data from the Arbor Day Foundation shows the nonprofit helped to plant and distribute more than 1.7 million trees in cities, towns and communities worldwide in 2023.
If planted 10 feet apart, 1.7 million trees could create a tree line from Los Angeles to New York City.
“Urban trees foster strength and vitality in communities big and small, bringing countless benefits to our lives every day,” said Dan Lambe, chief executive of the Arbor Day Foundation.
The Arbor Day Foundation will continue to expand its reach in urban and community forestry by leveraging a $50 million grant from the U.S. Department of Agriculture.

Danimer Scientific Announces Closing of $15 Million Registered Direct Offering

Retrieved on:

Monday, March 25, 2024

Roth Capital Partners acted as the exclusive placement agent for the offering.

Key Points:

Roth Capital Partners acted as the exclusive placement agent for the offering.
The gross proceeds to the Company from the offering were approximately $15 million before deducting placement agent fees and other offering expenses payable by the Company.
The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
A final prospectus supplement and accompanying prospectus relating to the registered direct offering were filed with the SEC.

Horus Pharma Renews Its Partnership With Plastic Bank

Retrieved on:

Monday, March 25, 2024

Horus Pharma, an independent French laboratory specialised in ophthalmology known for its expertise in developing preservative-free products designed to facilitate eye and eyelid health, has extended its successful collaboration with Plastic Bank, a global organisation focused on reducing and recycling plastic waste and championing a circular economy.

Key Points:

Horus Pharma, an independent French laboratory specialised in ophthalmology known for its expertise in developing preservative-free products designed to facilitate eye and eyelid health, has extended its successful collaboration with Plastic Bank, a global organisation focused on reducing and recycling plastic waste and championing a circular economy.
View the full release here: https://www.businesswire.com/news/home/20240325128322/en/
In late 2022, Horus Pharma made a pledge alongside Plastic Bank to recycle the quantity of plastic used in the packaging for 10 of its products.
Horus Pharma is thus offsetting 65% of the plastic volumes it puts on the market, with 400 metric tons of plastic set to be recycled between year-end 2022 and year-end 2025.
Nicolas Claret, Horus Pharma’s International Director, commented: “In the pharma industry, plastic often has to be used to meet regulatory standards and comply with globally recognised good manufacturing practices.

SOURCE Global, Microsoft Collaborate to Help Provide Clean Drinking Water in Navajo Nation

Retrieved on:

Friday, March 22, 2024

SOURCE Global, PBC and Microsoft today announced an initiative to provide 100 Navajo Nation families with SOURCE Hydropanel drinking water systems.

Key Points:

SOURCE Global, PBC and Microsoft today announced an initiative to provide 100 Navajo Nation families with SOURCE Hydropanel drinking water systems.
An estimated 30 percent of Navajo Nation residents — about 70,000 people — don’t have access to clean, safe drinking water.
Access to clean drinking water is not just an issue reserved for developing nations, more than 2M Americans lack access to clean water in their home.
“Microsoft’s Climate innovation Fund was launched in 2020 to address climate-related challenges like water access,” said Eliza Roberts, Water Lead at Microsoft.

Selina Hotels to Participate in Earth Hour on March 23 by Hosting Tech-Free Events Across Latin America

Retrieved on:

Friday, March 22, 2024

This is the second consecutive year Selina will participate in Earth Hour.

Key Points:

This is the second consecutive year Selina will participate in Earth Hour.
Many of the Selina hotels in Latin America will support global efforts to raise awareness while offering guests and the local communities a unique opportunity to show their appreciation for the planet.
Earth Hour encourages individuals, companies, organizations and other entities worldwide to devote one hour to our Earth, symbolizing a pledge to reconnect, restore, and nurture our planet.
With only one Earth, Selina is dedicated to doing our part at every opportunity," said Rafael Museri, co-founder and CEO of Selina.

Ecolab Watermark™ Study Reveals Global Generational Gap on Access to Clean and Safe Water

Retrieved on:

Friday, March 22, 2024

Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.

Key Points:

Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.
Still, safe water emerges as one of the foremost environmental concerns for most generations, alongside other critical global issues such as pollution and climate change.
As a global leader in water management and solutions, Ecolab recognizes the role businesses play in forging a safer, more prosperous future.
Ecolab continued to grow its Ecolab Water for Climate™ program, which is designed to help companies advance sustainable business growth while meeting climate and water goals.