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Posted at 1:56 p.m. EDT Monday, October 16, 2000

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Indiana company plans acquire controlling stake in incinerator

EAST LIVERPOOL, Ohio (AP) -- An environmental services company plans to acquire a controlling stake in an eastern Ohio hazardous waste incinerator, operator Von Roll America Inc. said Monday.

The deal with Indianapolis-based Heritage Environmental Services LLC is subject to regulatory approval. Financial terms were not released.

Heritage Environmental would assume a 51 percent ownership stake in the Columbiana County incinerator, with Switzerland-based Von Roll America holding 49 percent.

No staff changes would occur at the incinerator as a result of the agreement, said Rudolf Zaengerle, president of Von Roll America.

Heritage Environmental Services operates more than 25 environmental service centers in ten states.

Von Roll America's incinerator destroys 60,000 tons of industrial and household waste a year. It opened in 1992 along the Ohio River where the borders of Ohio, Pennsylvania and West Virginia meet.

The plant has been the subject of numerous regulatory complaints and a court case, and activists have staged repeated protests trying to force President Clinton's administration into doing something to stop the cremation of toxic waste at the plant.

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On the Net:

Von Roll WTI: http://www.vonrollwti.com/


                  
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