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EBI News for February 16, 2022- DOE To Invest in Advanced Batteries Production

EBI News for February 16, 2022 – The following news section contains the latest stories for the environmental industry. Including, DOE to invest in advanced batteries production, acquisitions, and more!

Republic Services to acquire US Ecology

Republic Services, Inc. (Phoenix, Ariz.) announced it is acquiring US Ecology, Inc. (Boise, Idaho) for approximately $2.2 billion including net debt of approximately $0.7 billion. US Ecology provides treatment, recycling and disposal of hazardous, non-hazardous and specialty waste; the firm’s trailing 12-month revenue as of September 30, 2021 was $968 million. The strategic acquisition vertically integrates and expands Republic’s environmental footprint, adding nine specialty waste landfills with five hazardous waste landfills, 16 RCRA permitted TSDFs, seven wastewater treatment facilities, and over 80 environmental services field locations including treatment and recycling centers. It also positions Republic as a single-source partner for customers with multiple recycling and waste service needs. Republic anticipates approximately $40 million in cost synergies within three years and double-digit returns.

 

Denbury and NRP agree CO2 sequestration plan

A subsidiary of the independent energy company Denbury Inc. (Plano, Texas) and a subsidiary of Natural Resource Partners LP (NRP) have agreed to evaluate and potentially develop a permanent CO2 sequestration site on Alabama’s Gulf Coast. The agreement provides Denbury with exclusive rights to develop a CO2 sequestration site on approximately 75,000 acres controlled by NRP near Mobile, Ala. The total CO2 storage potential of the site is estimated to be over 300 million metric tons. “We expect this 75,000-acre project to be the first of what will potentially be numerous carbon sequestration projects conducted on the approximately 3.5 million acres where we own the rights to sequester CO2 across the United States,” said Craig Nunez, NRP’s president and chief operating officer. Denbury estimates that the site could be ready to receive CO2 injection by 2026.

 

DOE to invest nearly $3B in advanced batteries production

The U.S. Department of Energy (DOE) has issued two notices of intent to provide $2.91 billion to boost production of advanced batteries critical to the growth of clean energy industries, including electric vehicles and energy storage, as directed by the Bipartisan Infrastructure Law. The DOE intends to fund battery materials refining and production plants, battery cell and pack manufacturing facilities, and recycling facilities. Funding is intended to ensure that the United States can produce batteries, as well as the materials that go into them. With the global lithium-ion battery market expected to grow rapidly over the next decade, DOE noted that responsible and sustainable domestic sourcing of critical materials such as lithium, cobalt, nickel, and graphite will help close the gap in supply chain disruptions and accelerate battery production in America.  

 

Montrose expands chemistry services nationwide

Montrose Environmental Group, Inc. (Little Rock, Ark.) announced the acquisition of Environmental Standards, Inc. (Valley Forge, Pa.), which joins Montrose’s Assessment, Permitting & Response segment. Founded in 1987 and with a presence in 11 states, Environmental Standards is an environmental consulting firm specializing in environmental chemistry, consulting geosciences, environmental data management, emergency response quality assurance oversight, and auditing/health and safety support. The addition strengthens Montrose’s chemistry and auditing services on the East Coast.

 

AECOM announces fiscal first quarter

Strong first quarter fiscal 2022 results announced by AECOM (Dallas) exceeded the company’s expectations on every key financial metric, according to Chief Executive Officer Troy Rudd. The quarter was highlighted by continued organic net service revenue (NSR) growth, record first quarter operating margin, and double-digit earnings growth. While revenue decreased 1% to $3.3 billion in the first quarter, NSR increased 5% year over year with growth in both the Americas and International segments. Wins in the first quarter amounted to $3.6 billion, with a 1.4 book-to-burn ratio in the Americas design business and a 1.2 book-to-burn ratio across the global design business; total backlog was $38.8 billion. “We are better positioned than ever to fully capitalize on a global infrastructure renaissance and growing demand for ESG services,” said Rudd. “We are investing in our teams and in Digital AECOM to extend our capabilities and deliver on the generational investments we anticipate in the coming years. In fact, we are winning work at our highest rate ever.”

 

RES to receive new investment from Onex Partners

Resource Environmental Solutions (RES, Bellaire, Texas) announced it is getting new investment from Onex Partners and continued investment from KKR. Made in partnership with management, the new investment will support RES’s national expansion. “We will continue to invest in talent and capabilities, and grow into new markets and new communities,” said Darrell Whitley, RES president and CEO. “Our access to additional investment capital will also help us to continue with product line expansion into coastal resiliency, large scale water quality projects, new mitigation banks, and carbon solutions.” RES provides services related to environmental mitigation, stormwater and water quality, and climate and flooding resilience.

 

Con Edison selects ICF for $30M energy efficiency contract

Con Edison of New York has selected ICF (Fairfax, Va.) for a re-compete contract to manage and expand implementation of its residential energy efficiency portfolio. The contract has a ceiling value of over $30 million. ICF will provide program delivery, engineering, marketing, information technology, customer care and incentive processing. In addition ICF will implement the utility’s New York State Clean Heat decarbonization program and a new weatherization component.

 

Plummer acquires Watermark Engineering 

Water engineering firm Plummer Associates, Inc. (Fort Worth, Texas) is continuing its expansion into Florida by acquiring Watermark Engineering Group (Tampa, Fla.). The Watermark acquisition brings 18 years of experience in integrated water engineering management and is in line with Plummer’s national growth strategy, while preserving the culture of client service and employee ownership, according to Chris Young, CEO of Plummer. Plummer has provided water and wastewater engineering services for more than 40 years and specializes in water and wastewater infrastructure planning, permitting, design and construction management, as well as telecommunications. With 11 offices in Texas, Oklahoma, Colorado and Florida, Plummer’s 2021 revenues exceeded $36 million.

 

Ramboll goes all-in on sustainability 

Ramboll (Copenhagen, Denmark) has unveiled a new four-year company strategy called The Partner for Sustainable Change, aiming to become a global leader in sustainability by helping clients and society transform towards a sustainable future. Ramboll will focus on four areas: decarbonization; urban resilience and liveability; resource management and circularity; and biodiversity. “Over the last strategy period Ramboll has grown 35 percent and we have built a very strong sustainability offering across our markets. We now take the next step and go all in on sustainability to meet the fast-growing need from companies and societies for advice on how to transform sustainably,” said Group CEO Jens-Peter Saul. Ramboll will offer clients alternatives on how to improve the sustainability of their projects, and how to develop sustainable strategies on operational impact. 

 

Kleinfelder partnership leverages machine learning to assess environmental risk

Kleinfelder (San Diego, Calif.) and data analytics company Azimuth1 (McLean, Va.) have partnered to deliver Rapid Site Development|ML, an asset and property management solution powered by Azimuth1’s machine learning technology, EnviMetric®. Through an exclusive teaming agreement focused on the commercial and independent petroleum retailer markets, Kleinfelder and Azimuth1 have piloted a predictive modeling tool for groundwater contaminant plumes. Through machine learning techniques and a proprietary database of nearly 100,000 contaminated sites, the technology can provide accurate results while requiring minimal site-specific data, Kleinfelder reports. Output can be used to guide site assessment and remediation plans, streamlining environmental site investigation and reducing costs and project lifecycle by two to three years in many cases.

 

Taking the ‘forever’ out of ‘forever chemicals’

Researchers at the University of Buffalo (UB) are engaged in three federally supported studies to advance technologies for detecting and degrading PFAS, according to an article in UBNow. Work is being led by UB researcher Diana Aga, director of the UB RENEW Institute and Henry M. Woodburn Professor of Chemistry, in collaboration with other universities. 

Studies aim to:

  • Develop anaerobic membrane bioreactors to remove PFAS from wastewater. 
  • Design nanomaterials that can snip up PFAS and cultivate bacteria to consume the leftover scraps.
  • Develop better methods to identify, quantify and characterize PFAS, and research how PFAS move and persist in the environment. 

 

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