Republic Services Acquires Oilfield Waste Treatment Specialist, Tervita

Phoenix, Arizona based waste management and recycling firm, Republic Services (NYSE:RSG), has completed its acquisition of Tervita, LLC, an environmental waste solutions provider serving oil and natural gas producers in the U.S. Republic Services explained that Tervita's assets complement its existing Exploration and Production (E&P) waste business, and will enable it to provide customers with vertically integrated oilfield waste services across a geographic footprint spanning some of the most attractive domestic basins, including the Permian, Eagle Ford and Bakken. Tervita operates a network of centrifuges as part of a processing component in its facilities to separate the oilfield waste products into three streams: hydrocarbons, wastewater and solids. According to Tervita, from contaminated drilling muds and completion fluids to tank-bottom sludge, its Treatment, Recovery and Disposal (TRD) facilities treat (pictured), recover and dispose of all upstream petroleum waste in the most cost-effective, environmentally responsible manner possible. "We are pleased that we were able to quickly close this transaction and believe this acquisition establishes a significant platform for us to expand into the E&P sector," commented Brian Bales, executive vice president, Business Development for Republic Services. "We look forward to serving our new customers, as well as expanding our product portfolio to our existing E&P customer base," he added. Read More Scrap Metal Firm Metalico Takeover Bid by Upstate Shredding’s Adam Weitsman Adam Weitsman of Upstate Shredding, a major privately held scrap metal recycler in Owego, New York, has made an unsolicited approach to buy out Cranford, New Jersey based Metalico. U.S. Plasma Arc Recycling Export Contract Tetronics Tetronics International has signed of a deal to provide its plasma arc recycling technology to Oklahoma based Duncan Recycling & Refining to recover precious metals from automotive catalytic converters. VIDEO: VICE Documentary on Waste Coal Ash Pollution in the U.S. VICE News has published a two part documentary series looking at the issues surrounding the estimated 113 million tonnes of waste ash produced by coal fired power stations in the U.S. each year.