SOURCE: Covanta Energy Corporation

Covanta Energy Corporation

August 14, 2013 14:30 ET

Plymouth, MA Extends Partnership With Covanta SEMASS for Sustainable Waste Management Services

WEST WAREHAM, MA--(Marketwired - Aug 14, 2013) - Covanta SEMASS, L.P. (Covanta SEMASS), a subsidiary of Covanta Energy Corporation, a world leader in sustainable waste management and renewable energy, today announced a new agreement with the Town of Plymouth, MA for sustainable waste management services.

Covanta will provide sustainable disposal of the Town's approximately 20,000 tons of municipal solid waste at the Covanta SEMASS Energy-from-Waste facility, in addition to handling approximately 5,000 tons of recyclables per year. The agreement encompasses a bundle of services including waste disposal, recycling and e-waste recycling, organics and composting, in addition to secured destruction of prescription medication and bulky waste disposal. The new agreement is slated to begin January 1, 2015 with the contract running for five years with mutual extension options after the initial term.

"After considerable due diligence and analysis, we believe Covanta SEMASS offers the best, most reliable range of recycling and waste management services for the Town of Plymouth," commented Town Manager Melissa Arrighi. "We are pleased to continue our partnership with Covanta, utilizing the SEMASS facility to recover energy from waste leftover after recycling, while enjoying the benefits of this greatly simplified bundled-service approach."

Covanta SEMASS provides southeastern Massachusetts communities with an environmentally superior alternative to landfilling their municipal solid waste. Operating since 1988, the facility processes approximately one million tons of municipal solid waste and recovers nearly 50,000 tons of recyclable metals annually.

"Covanta is extremely pleased to be extending our partnership with the Town of Plymouth. We firmly believe that we provide the best, most comprehensive and most sustainable solution with our bundled-service offering and we look forward to working with the Town on exploring new and innovative waste management projects in the community," said Stephen Diaz, Covanta vice president and regional business manager.

Recovering energy from waste after efforts to reduce, reuse and recycle is a critical component of managing residual waste. For every ton of municipal solid waste processed at Energy-from-Waste facilities like Covanta SEMASS, greenhouse gas emissions are reduced by the equivalent of approximately one ton less of carbon dioxide emissions. This is possible due to the avoidance of methane from landfills, the offset of greenhouse gases from fossil fuel electrical production and the recovery of metals for recycling.

About Covanta
Covanta Energy Corporation is an internationally recognized owner and operator of Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy. Covanta's 44 Energy-from-Waste facilities provide communities with an environmentally sound solution to their solid waste disposal needs by using that municipal solid waste to generate clean, renewable energy. Annually, Covanta's modern Energy-from-Waste facilities safely and securely convert approximately 20 million tons of waste into 9 million megawatt hours of clean renewable electricity and approximately 9 billion pounds of steam that are sold to a variety of industries. For more information, visit www.covantaenergy.com.