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Environmental Information Ltd.

 

Fundamentals of Commercial Hazardous Waste Fuel Blending Market Impacted by Recession

 

Contacts: Karl Joyce                                                                                                     Cary Perket

               952/831-2473                                                                                                 858/488-4760

 

For Immediate Release – October 7, 2003

 

Minneapolis, MN & San Diego, CA —Commercial hazardous waste fuel blenders are in the business of making mixtures that can be utilized as fuel in industrial boilers and furnaces such as those utilized in the manufacturer of aggregate and cement as well as the recycling of sulfuric acid. There are over 80 facilities providing hazardous waste fuel blending services in the United States.

 

Of the over 1 million tons that is annual utilized as hazardous waste fuel in the United States, about 75% is managed through fuel blending facilities. This number includes hazardous waste fuels that are owned and operated by companies that operate commercial hazardous waste boilers and furnaces, often referred to as “BIFs.” Two of the top three leading hazardous waste fuel blenders, Rineco of Benton, Arkansas and Philip Services Corporation, are independent hazardous waste fuel blenders. The other member of the top three is Giant Resource Recovery which operates commercial BIFs.

 

“Many of the companies doing fuel blending today have their ‘roots’ in solvent recovery,” stated EI Researcher Karl Joyce. “They evolved into fuel blenders when the chlorinated solvents that they used to recycle were phased out and replaced with less valuable solvents in terms of their cost as virgin chemicals. Some of solvent recovery facilities are now reporting increased interest in recycling these less valuable solvents due to the fact that the “virgin” solvent costs have increased.”

 

Approximately half of the fuel blending facilities participated in the recent research survey conducted by Environmental Information Limited. Collectively, the group reported lower volumes than the previous year. The principle reason for this is the economic recession causing lower demand for manufactured goods, which it turns causes lower waste generation. However, sector business leaders also observed that the current recession has led to permanent closure of some manufacturing activities, with the manufacturing now being done overseas.

 

“The post-recession prospects for the hazardous waste fuels market are very good,” stated EI Senior Analyst Cary Perket. “We base this more from the standpoint that the ultimate BIF users of the fuel have reduced their needs to levels that are in reasonable balance with the overall market supply. We also expect the post-recession economy to return fuel availability by most of the four percent they have declined since the beginning of the current recession.

 

This report appeared in the EI Digest: Hazardous Waste Marketplace, a business research report that covers hazardous waste management issues.  Further information of the EI Digest can be found on the web (www.envirobiz.com), one of the Internet’s leading sites for environmental business research.  Based in Minneapolis, Minnesota, Environmental Information, Ltd. (EI) specializes in research on the environmental services and technology marketplace.  For further information on the EI Digest, contact customer service at 952/831-2473.

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