DALLAS—Waste Recovery Inc. (WRI) has signed a letter of intent to acquire the 55 percent interest NIPSCO Industries Inc. holds in WRI/Illinois, the partnership which operates two TDF processing plants in Illinois. In return, NIPSCO will receive 1.1 million shares of WRI stock and a seat on WRI's board.
A definitive agreement is expected before the end of the year, the company said.
The Illinois plants, which opened last year, are expected to reach 90 percent of capacity next year and ``should become major contributors to our bottom line,'' said Ron McNutt, WRI's vice president of operations.
DALLAS—Beginning in January, Waste Recovery Inc. will supply a minimum of 19,500 tons of tire-derived fuel—equivalent to about 2.5 million tires—to Wisconsin Power & Light Co. under a one-year contract.
The contract will help boost capacity utilization at WRI's two Illinois plants from 50 percent to 70 percent, the company said.
The plants currently have a contract to supply Illinois Power Co. with 60,000 tons of TDF, the equivalent of about 7.5 million tires, annually.
CALGARY, Alberta—Alberta Waste Resources & Energy Corp. (ALW) will supply the Leduc (Alberta) Regional Landfill with 2,000 tons of tire shreds, the equivalent of 200,000 tires, to construct the leachate collection system in a new waste entombment cell.
ALW will receive incentive payments of $260,000 (Canadian) for the project under the province's Tire Recycling Industry Incentive Program.
This project is part of an overall alliance between the City of Leduc and ALW whereby ALW removes the scrap tire stockpile at the Leduc Landfill, shreds these tires at ALW's plant in Wetaskiwin and then uses the shreds at the landfill.
RANCHO CUCAMONGA, Calif.—BAS Recycling Inc. of San Bernardino, Calif., has teamed up with Tamco Steel, a steel recycling mini-mill in Rancho Cucamonga, to recycle steel-belted tire cords and beads.
BAS Recycling uses a cryogenic process to break down 2 million tires annually and separate the rubber from the steel.
BAS previously shipped the steel to overseas markets when there was a demand or paid to have the material disposed of at a landfill. Under the new partnership, BAS expects to provide Tamco with 300 to 500 tons of the steel each month.
Tamco recycles the material into a steel reinforcing bar used in the construction industry.
OLDS, Alberta—Olds College will conduct a three-year $178,000 (Canadian) pilot project using crumb rubber and compost in horticultural turf grass and agricultural applications. The project is funded through the Alberta Tire Recycling Management Association.
Specific projects will include: adding crumb rubber to a sand/peat mixture to improve the resiliency of golf greens; using rubber crumb as soil amendment for tee boxes and in high traffic areas on golf courses; and adding crumb to potting mediums used in the horticulture industry to provide consistent, sterile and reliable potting soil mixtures.
SACRAMENTO, Calif.—State contractors have begun clearing the 3-million-tire Choperena pile in Western Fresno County, Calif., which burned in May.
The California Integrated Waste Management Board put up $450,000 for the effort, which involves moving soil containing the steel belts and ash residue from the burned tires to a high point in the 10-acre canyon site.
The contaminated soil will then be covered with a clay cap and prepared for proper drainage, said Eric Lamoureux of the board staff.
Arson is blamed for the blaze that roared through the site May 20 and burned an estimated 1 million tires.
CHICAGO—Shred-Tech has moved its offices from Wood Dale, Ill., to a larger facility in Mount Prospect, Ill., which houses a sales office, manufacturing and assembly plant, parts warehouse and testing area.
The Chicago-area facility will manufacture and service the Shred-Tech line of equipment and continue to service Shred Pax parts and machinery, the company said.
The company's new address is: 1907 Busse Road, Mount Prospect, Ill. 60056; (800) 323-1265.
TEMPE, Ariz—The Rubber Pavements Association will shift its focus from the federal level to the state level in its effort to build business for its members in the rubberized asphalt industry.
``We hope to have a more aggressive strategy with the states to let them know what the product is and what the product can do,'' said new RPA Executive Director Donna Carlson.
Florida, Arizona, California and Texas are already primary users of rubberized asphalt, she said.
In 1995, about 10 million scrap tires were consumed in crumb-rubber-modified hot mix asphalt, she said. Crumb rubber is also used in crack sealant and chip seals.