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CHAMBERS ANNOUNCES SPECIAL WASTES CONTRACTS

 PITTSBURGH, Jan. 7 /PRNewswire/ -- By constructing its sanitary landfills to meet or exceed the new federal Resource Recovery Conservation Act Subtitle D regulations and the environmental laws and regulations in each state where it has operations, Chambers Development Company, Inc. (AMEX: CDVA, CDVB) is realizing the benefits of its vision in the area of special wastes.
 Today the company announced that it has signed two special wastes contracts extending over the next two months to three years which total more than $3.7 million in revenues.
 "We began aggressive sales and marketing efforts focused on special wastes in 1990. We correctly perceived that more of these wastes would be disposed in environmentally secure landfills like those that Chambers has constructed and operates. The increased concern for potential environmental liability on the part of waste generators, state governments and the U.S. Environmental Protection Agency will continue to benefit the company," said John G. Rangos Sr., Chambers' president and CEO.
 Rangos noted that "during 1992 Chambers began performance on 46 new municipal contracts and saw significant growth in its commercial and industrial businesses. This resulted in our nine months revenue for 1992 being 22 percent higher when compared with the same period in 1991. Special wastes volumes increased more than 50 percent during this same period."
 "I believe landfill regulations will be more strictly enforced in 1993. The company anticipates that states, through Subtitle D, will close those landfills that are not environmentally secure. We expect to see higher volumes and improved pricing as a result of these closures," Rangos said.
 Rangos said more municipalities and businesses will realize the environmental benefits of the company's strategically located regional landfills when Subtitle D regulations are implemented in October 1993. "Many landfills will close that do not meet the regulations and the use it or lose it' attitude about operating substandard facilities should come to an end," Rangos said.
 -0- 1/7/93
 /CONTACT: Jim Leonard, media, 412-244-7560, or Lew Nevins, financial, 421-244-6195, both of Chambers Development/
 (CDV)


CO: Chambers Development Company, Inc. ST: Pennsylvania IN: SU: CON

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Publication:PR Newswire
Date:Jan 7, 1993
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