American Ecology response to Interior Department's decision to transfer Ward Valley Land to California.HOUSTON--(BUSINESS WIRE)--May 31, 1995--American Ecology Corporation, a hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. disposal and services company, responding to today's announcement by the Department of Interior that it will transfer to the State of California the land upon which the Ward Valley low-level radioactive waste Noun 1. low-level radioactive waste - (medicine) radioactive waste consisting of objects that have been briefly exposed to radioactivity (as in certain medical tests) disposal facility will be constructed, issued the following statement: We are pleased that Secretary Babbitt plans to transfer the land without further delay. The Secretary's decision is consistent with the findings of every qualified scientific body that has studied the Ward Valley site, including the recent National Academy of Sciences panel. As the Secretary noted, the Academy report provides "an additional measure of confidence that the land transfer is in the public interest." We look forward to rapid conveyance of the land consistent with the State of California's role as the appropriate governmental entity responsible for managing and regulating this waste repository. American Ecology operates a chemical waste disposal facility in Nevada and two in Texas. The Company also operates a low-level radioactive waste (LLRW LLRW Low-Level Radioactive Waste ) disposal facility in Washington, has received a license approval for a similar facility in California, has a license application pending for a LLRW disposal facility in Nebraska, and operates a LLRW processing facility in Tennessee. Services provided by the Company include waste packaging, transportation, consulting, pretreatment pretreatment, n the protocols required before beginning therapy, usually of a diagnostic nature; before treatment. pretreatment estimate, n See predetermination. , disposal, fuels blending, recycling, and clean-up services. The Company's common stock trades on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) . CONTACT: American Ecology Corporation, Houston C. Clifford Wright, Jr., 713/624-1902 |
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