BioSafe receives $1.3 million contract at its Vermont landfill.CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 14, 1997-- BioSafe International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BSFE BSFE Bureau of Surveillance and Field Epidemiology ), an innovative solid waste management company, announced that the Chittenden Solid Waste District in northwestern Vermont has awarded BioSafe a $1.3 million, 15-month contract to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose the sludge sludge (sluj) a suspension of solid or semisolid particles in a fluid which itself may or may not be a truly viscous fluid. sludge a suspension of solid or semisolid particles in a fluid. from the wastewater treatment plants Wastewater treatment plant also called wastewater treatment works
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Philip Strauss, BioSafe's chairman, president and chief executive officer. "The waste from this new contract will help us achieve our objective of 250 tons per day at the Moretown landfill until the company receives its permit to operate the next cell there," Strauss said. Under the contract, BioSafe's Moretown landfill will receive approximately 23,000 tons of sludge from the Chittenden Solid Waste District during the period from March 31, 1997, to June 30, 1998. In addition, BioSafe will be responsible for transporting the sludge from the District's special waste processing facility to the Moretown landfill. The Moretown landfill is a state-of-the-art solid waste management facility, with a double-liner system to protect the groundwater and with other measures to safeguard the environment. The landfill is located on a 200-acre parcel that is adjacent to Route 2 and within a 30-minute drive of Vermont's two largest population centers, Burlington and Montpelier-Barre. The Chittenden Solid Waste District has 12 member communities including Burlington. Once BioSafe receives the permit to operate the next cell at the landfill, the company expects to increase the landfill's operating level to an average of 350 tons per day. Certain of the above statements may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including competitive developments and other risk factors listed from time to time in the company's Securities and Exchange Commission reports. CONTACT: BioSafe International Bob Rivkin, 617/497-4500 |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion