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Allwaste Announces Negotiations With Conoco for Long-Term Water/Wastewater Contract.


HOUSTON--(BUSINESS WIRE)-- Sept. 30, 1996--AllQuest Water Resources, a subsidiary of Allwaste, Inc. (NYSE NYSE

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), today announced it has entered into exclusive negotiations with Conoco for a multi-year agreement to provide water production and wastewater treatment services to Conoco's Lake Charles Lake Charles, city (1990 pop. 70,580), seat of Calcasieu parish, SW La.; inc. 1867. It is located on Lake Charles at the mouth of the Calcasieu River in a rice, timber, oil, and natural gas region.  Refinery in Westlake, Louisiana Westlake is a city in Calcasieu Parish, Louisiana, United States. The population was 4,668 at the 2000 census. It is a suburb of the City of Lake Charles. The City was incorporated in 1945. Geography
Westlake is located at  (30.
, and to jointly own new and existing water facility assets.

Robert M. Chiste, Allwaste President and Chief Executive Officer, said, "We are in the process of negotiating terms with Conoco, although no letter of intent has been signed.

"Conoco is an important Allwaste customer which utilizes a number of our services; our companies have had a solid, long-standing relationship and we are pleased to be talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to"
lecture, speech

rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to
 Conoco about possibly creating one of the largest independent industrial water projects in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

"Combined with all of the value-adding initiatives put into place during fiscal 1996, this project would move us closer to our Target 2000 goal of being widely recognized as the premier provider of industrial services throughout North America. We have several similarly sized projects under review and will continue to strive to deliver value-adding services to our industrial customers."

Allwaste, Inc. is a Houston-based, diversified industrial resource and services company with 131 locations throughout the United States, Canada and Mexico. Its ALLIES(TM) (Allwaste's Integrated Environmental Services) Program is designed to provide industrial customers the opportunity to outsource their critical support functions.

CONTACT: Allwaste, Inc.

William L. Fiedler, 713/625-7094
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 30, 1996
Words:238
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