Latex spills into North Branch Potamac River
Source: Associated Press
Latex spills into North Branch Potamac River
Updated 9:35 pm, Thursday, September 24, 2015
LUKE, Md. (AP) According to the Maryland Department of the Environment, 10,000 gallons of latex used for paper coating spilled from the Verso paper mill into the North Branch of the Potomac River during a four-hour period.
The Cumberland Times-News reports (http://bit.ly/1OWvO2J ) that the latex spilled as it was unloaded from a rail car Wednesday, and the spill was discharged through a collection system to the UPRC plant.
MDE spokesman Jay Apperson said the MDE sent an investigator to the site and contacted the Verso paper mill and the Upper Potomac River Commission plant that treats wastewater from the paper mill.
Apperson said, "Although we have no indication of any threat to drinking water facilities... MDE has notified the Interstate Commission on the Potomac River Basin for notification to drinking water facilities not only in Maryland but in Virginia and West Virginia."
Read more: http://www.chron.com/news/us/article/Latex-spills-into-North-Branch-Potamac-River-6528303.php
(Short article, no more at link.)
wordpix
(18,652 posts)People think they "need" all kinds of toxic shit like this. And we are drowning in and killing the oceans/rivers with plastics.
And it makes it run though printers without jamming. It's also used for colored craft papers and wrapping paper. So... basically useless BS and then a process that allowed large printers to squeeze out local print houses.
FSogol
(45,514 posts)LiberalEsto
(22,845 posts)Why are such manufacturing operations even allowed upsteam?
Oh, I forgot.
Corporations über alles.
wordpix
(18,652 posts)elleng
(131,042 posts)Glad I'm @ the cottage.
tabasco
(22,974 posts)New York Stock Exchange Suspends Trading in Verso's Common Stock and Commences Delisting Proceedings
MEMPHIS, TN -- (Marketwired) -- 09/21/15 -- Verso Corporation (NYSE: VRS) confirmed today that the New York Stock Exchange has suspended trading in Verso's common stock, effective immediately, and has commenced proceedings to delist the stock from the NYSE. The NYSE took this action when the trading price of Verso's common stock decreased to $0.15 per share this afternoon. The NYSE, in interpreting its continued listing standards, has determined that a trading price of $0.15 or less per share is "abnormally low" and, therefore, is cause for suspension of trading and delisting from the NYSE.
Verso's common stock will begin trading in over-the-counter markets effective immediately. The suspension and delisting are unrelated to Verso's business operations and do not constitute a default under any of Verso's credit agreements and debt securities. Verso will continue to file periodic and other reports with the SEC under applicable federal securities laws.
As a result of the suspension and delisting, the NYSE will not consider the listing compliance plan that Verso submitted to the NYSE this morning in which Verso sought to demonstrate its ability to achieve compliance with the NYSE's continued listing standard requiring that Verso's average market capitalization be at least $50 million over a period of 30 consecutive trading days. Verso also will not be allowed an opportunity to achieve future compliance with the NYSE's continued listing standard requiring that the average share price of Verso's common stock be at least $1.00 over a consecutive 30-trading-day period.
http://investor.versoco.com/releasedetail.cfm?ReleaseID=932506
I don't think anything like this happened when Westvaco ran this mill but I could be wrong.