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Coal Companies and Subsidiaries to Spend Estimated $200 Million on Treatment and System-wide ...
2014-03-05 05:00:00| Industrial Newsroom - All News for Today
Alpha Natural Resources, Inc. (Alpha), Alpha Appalachian Holdings, and 66 subsidiaries will spend estimated $200 million to install and operate wastewater treatment systems and implement system-wide upgrades to reduce discharges of pollution from coal mines. This settlement covers ~79 active mines and 25 processing plants in KY, PA, TN, VA, and WV. Additionally, companies will pay civil penalty of $27.5 million for thousands of permit violations under Clean Water Act (CWA) Section 402. This story is related to the following:Green & CleanSearch for suppliers of:
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A.M. Best Upgrades Ratings of Several Subsidiaries of UnitedHealth Group Inc.
2013-12-22 20:06:41| Beverages - Topix.net
A.M. Best Co. has upgraded the financial strength rating to A from A- and the issuer credit rating to "a" from "a-" of Loudoun Mutual Insurance Company .
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Landstar to sell supply chain subsidiaries for $87 million
2013-12-11 18:10:01| Trucking - Topix.net
Landstar System, a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced Wednesday that it has signed a definitive agreement to sell its Michigan-based supply chain subsidiaries to XPO Logistics for $87.0 million in cash.
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Orange may sell less-profitable subsidiaries in Africa - CEO
2013-11-29 10:00:00| Telecompaper Headlines
(Telecompaper) Orange sold its profitable subsidiary in the Dominican Republic because its synergies with the rest of the group were not strong enough, according to the executive vice president for strategy and development, Elie Girard. He said to Les Echos, "The local market is converging between fixed and mobile. We did not want to take this path, which would have been financially costly." Speaking to La Tribune, group chairman and CEO Stephane Richard stated that African units may also be put up for sale, notably the less profitable ones. Brokerage house Oddo sees in this the view of shareholders that a stable EBITDA is more important than customer base. In 2010, Orange said it aimed to have 300 million customers by 2015 by growing in Africa and the Middle East and Asia. Richard told La Tribune that the group now has 50 percent more customersthan it did in 2009, which is "not so bad" in these times. He stressed that four large countries had joined the group, Morocco, Tunisia, Irak and the Democratic Republic of Congo. Orange now expects to have around 260 million or 270 million customers in 2015, according to a member of the executive committee.
Tsubaki to Establish New Subsidiaries
2013-11-07 04:21:41| Tsubakimoto Chain Co.
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