Archive | February, 2015

EXIDE VERNON UPDATE: Document offers closer look at agreement reached between Exide, State regulators

Exide lead

CBS LOS ANGELES Document Offers Closer Look At Agreement Reached Between Exide, State Regulators BOYLE HEIGHTS (CBSLA.com) — Lead-contaminated soil continues to be removed from the yards of homes near a battery-recycling facility in the wake of an agreement between state regulators and Exide Technologies. As part of the agreement, Exide has pledged $48 million to clean up […]

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EXIDE VERNON UPDATE: Vernon-area residents accuse DTSC of Environmental Racism because of agency’s ongoing, knowing failure to permit Exide lead smelter, its ongoing failure to fulfill its responsibility to oversee and enforce long-time-on-the-books regulations to protect neighborhoods and health, and failure to keep Exide from continuously violating hazardous waste laws and more (just check out recent postings below)

Exide Protests

EGPNEWS.COM DTSC Accused of ‘Environmental Racism’ By EGP Staff Report Hundreds of people took to the streets of Vernon last week to call for the closure of Exide Techonologoes, an embattled lead-acid battery recycler in the city. “Stand by our side, shut down Exide,” chanted residents and environmental activists from Boyle Heights, Maywood and Huntington […]

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EXIDE’S NEGATIVE IMPACT ON OTHER COMMUNITIES: Exide SuperFund-designated plant in Greer, SC, finally being demolished 20 years after lead smelter was closed

Exide_Superfund_Site_-_Greer__South_Carolina

The EPA designated this site a SuperFund site — SCD042633859 — but it was not originally placed on the the National Priorities List. In a November 21, 2014, filing with the U.S. Bankruptcy Court, Exide was listed as owner of this property, and stated that it is an unencumbered asset. GREERTODAY.COM Former Exide battery plant […]

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EXIDE FINANCIAL UPDATE: Exide’s red ink adding up in bankruptcy

stock-drop-graphic

DOW JONES & COMPANY Exide’s Red Ink Adding Up in Bankruptcy — Market Talk 15:57 EST – Battery-maker Exide Technologies (XIDEQ) lost $24.1M in December, bringing its total losses since filing for bankruptcy in June 2013 to more than $380M. But with the announcement this week of a deal with unsecured creditors, Exide could soon […]

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EXIDE VERNON BREAKING NEWS: Blood lead testing extended for residents near Exide’s Vernon lead smelter

Exide blood lead tests

EGPNEWS.COM Lead Blood Testing Extended for Residents Near Exide Only 500 people have been tested so far. By Nancy Martinez, EGP Staff Writer Since hearing that elevated levels of lead were found in soil at Salazar Park in unincorporated East Los Angeles, Reina Rodriguez says she rarely takes her 4-year old son there to play. […]

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EXIDE BANKRUPTCY UPDATE: Exide gets nod for Chapter 11 reorganization plan disclosure

Exide

LAW 360 Exide Gets Nod For Ch. 11 Reorganization Plan Disclosure By Jamie Santo Law360, Wilmington (February 04, 2015, 7:50 PM ET) — A Delaware bankruptcy judge on Wednesday gave Exide Technologies Inc. the green light to solicit votes for a restructuring plan that would trim roughly $600 million in debt and blessed a slate of motions […]

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