Earth Tech completes $45M wastewater project for Hungary's largest oil refinery
LONG BEACH, CA, June 27, 2005 -- Earth Tech Inc., a business unit of Tyco International Ltd, and a global provider of consulting, engineering and construction services, reported Friday it has completed work on a US$45 million (EUR 35 million) expansion and the upgrade of the wastewater treatment facilities at Hungary's largest oil refinery.
Earth Tech served as the lead designer and constructor for the wastewater treatment project at the Duna Refinery of MOL Hungarian Oil and Gas Company located in Szazhalombatta, near Budapest. Earth Tech also modified the refinery's sewer system and upgraded the sludge and solid waste incinerator at the wastewater treatment facilities, which it will operate for 15 years.
As a result of these upgrades, the Duna Refinery has been brought into compliance with European Union and Hungarian environmental regulations. The new facilities will treat an average of 5.2 million gallons per day (1,000 cubic metres per hour).
"Throughout Europe, companies and government agencies have been challenged to meet the stringent European Union environmental regulations," said Alan Krusi, Earth Tech president. "As a global water and wastewater services company, Earth Tech was able to deliver a cost-effective solution to MOL that will help the company meet its operating and business objectives. We look forward to continuing to support the company during our 15-year operating agreement."
The project, one of the first privatization efforts in Hungary, was completed in two years and included the involvement of more than a dozen stakeholder organizations in order to ensure the protection of the Danube River.
Earth Tech Inc. is a world-class provider of a full suite of engineering, construction and operations services to the global water/wastewater, environmental, transportation, and facilities markets. A business unit of Tyco International Ltd. and part of the company's Engineered Products & Services segment, Earth Tech employs more than 8,500 talented people, delivering services to customers in 17 countries. Founded in 1970, Earth Tech is headquartered in Long Beach, Calif. More information on Earth Tech can be found at www.earthtech.com.
Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in five business segments: Fire & Security, Electronics, Healthcare, Engineered Products & Services, and Plastics & Adhesives. With 2004 revenue of $40 billion, Tyco employs about 260,000 people worldwide. More information on Tyco can be found at www.tyco.com.
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