The Exide battery recycling plant in Vernon has been accused of endangering more than 100,000 people with its arsenic emissions and is being investigated as the source of lead contamination in nearby backyards. (Los Angeles Times) By THE TIMES EDITORIAL BOARD What good is a Department of Toxic Substances Control that doesn’t control toxic substances? The […]
MISSOURI DEPARTMENT OF NATURAL RESOURCES Exide’s Forest City , MO, smelter On June 26, 2o14, the Missouri Department of Natural Resources released its Air Quality Analysis for Lead which showed Exide’s Forest City lead smelter repeatedly exceeding federal law for lead emissions from March, 2013 through December, 2013. CLICK HERE TO SEE THE REPORT – […]
EGPNEWS.COM Residents Don’t Trust Exide to Live Up to Deal By Nancy Martinez, EGP Staff Writer A decision by state air quality regulators that could allow a controversial acid-lead battery recycling plant in Vernon to reopen by the end of the year is being met with anger by people living near the facility. At a […]
STORY COMPILED FROM THE LOS ANGELES TIMES & RECYCLING TODAY Recycler Is Allowed to Reopen, With Conditions – Los Angeles Times Agreement May Allow Exide to Reopen California Smelter – Recycling Today By TONY BARBOZA, Los Angeles Times and Recycling Today staff July 11 and July 12, 2014 Exide Technologies plant can reopen, but only after […]
Law 360 Exide Seeks $65M In Additional Bankruptcy Financing By Matt Chiappardi Law360, Wilmington (July 07, 2014, 7:05 PM ET) — Battery maker Exide Technologies Inc. asked the Delaware bankruptcy court to approve $65 million in additional debtor-in-possession financing to bridge its way through negotiations on a Chapter 11 plan connected to a reorganization proposal the debtor […]
David Pettit, an attorney with the Natural Resources Defense Council, called the deal “a total win for the air district.” “They’re getting everything they want in terms of getting the facility to comply with the new, very strict regulations that it has on its books and all the litigation goes away,†he said. But the […]
From Exide’s news release: “The non-binding POR proposal contemplates substantial deleveraging of the Company’s debt by more than $700 million, a sizable investment of new equity capital, and new debt to fund the Exide Chapter 11 emergence and post-emergence business — including liquidity and working capital to support the Company’s operations, seasonality and growth of […]
Follow @leadfreefrisco on Twitter
