This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Perma-Fix Announces Successful Treatment Demonstration Of DOE Savannah River Site Tritium Contaminated Equipment

ATLANTA, May 27, 2010 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (Nasdaq:PESI) today announced the successful treatment demonstration of Tritium contaminated equipment and media originating from the Department of Energy's (DOE) Savannah River Site located in Aiken, SC. The demonstration was accomplished at Perma-Fix's Materials & Energy Corporation Facility (M&EC) located in Oak Ridge, TN. This demonstration was necessary to prove that relatively high Tritium containing waste streams that also contain Resource Conservation and Recovery Act (RCRA) hazardous components can be safely managed with minimal to no release of Tritium using non-thermal treatment processes. This was accomplished by designing a closed loop system that captures Tritium and allows it to be managed separately for disposal as low-level radioactive waste. The remaining RCRA portion of the waste was then treated to meet appropriate EPA standards. 

Perma-Fix worked collaboratively with DOE Savannah River Site's prime contractor Savannah River Nuclear Solutions (SRNS) personnel to design the appropriate containment and process equipment that allowed for this successful demonstration. Perma-Fix/M&EC completed design, construction, and installation of the new process equipment in March 2010. Additional Tritium contaminated equipment is stored at the Savannah River Site and could be dispositioned using Perma-Fix's new treatment capability at the Company's M&EC Facility. 

Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "This latest treatment demonstration offers DOE new capabilities to address wastes that have been in long term storage with no clear disposition path. Our new Tritium treatment capability further supports footprint reduction at DOE sites that is a primary goal of the American Recovery and Reinvestment Act (ARRA). We provide these services while meeting the complex regulatory requirements in a safe and effective manner."

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc., a national environmental services company, provides unique mixed waste and industrial waste management services. The Company's increased focus on nuclear services includes radioactive and mixed waste treatment services for hospitals, research labs and institutions, federal agencies, including DOE, DOD, and nuclear utilities. The Company's industrial services treat hazardous and non-hazardous waste for a variety of customers including, Fortune 500 companies, federal, state and local agencies and thousands of other clients. Nationwide, the Company operates seven major waste treatment facilities.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
PESI $3.86 -1.28%
AAPL $118.30 0.42%
FB $104.24 -1.15%
GOOG $742.60 -1.02%
TSLA $230.26 -0.58%


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs