Casella Waste Systems, Inc. to Equip 800 Vehicles With On-Board Oil Refining System in Aim to Reduce Company's Oil Consumption and Maintenance Costs
Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling, and resource management services company, today announced that it is planning to install an on-board oil refining technology on over 800 of its vehicles that is expected to significantly extend the interval between oil changes and filter replacements. The Company estimates the move will reduce its usage of oil lubricants by 28% per year, and is part of the company's efforts to reduce its overall environmental impact.
"Every day, we are obligated to look at every aspect of the way we operate our business to find ways to more efficiently use and sustain our resources," John W. Casella, chairman and chief executive officer of Casella Waste Systems, said. "Simple as it may seem, reducing or eliminating the need for frequent oil changes in our fleet plays an important role in reducing our environmental impact as well as our use of and dependence on refined petroleum products. Beyond even those benefits, we're pleased that it also allows us to realize an economic savings in reduced oil and maintenance costs."
Click here to read the full article on Waste Management Journal.
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