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Exide technologies

Bankruptcy court rules in favour of PB-A firm Exide

Thu, 04/02/2015 - 14:29 -- paul Crompton
Bankruptcy court rules in favour of PB-A firm Exide

Troubled US lead-acid battery company Exide Technologies’ plan of reorganisation has been confirmed by the U.S. bankruptcy court.

The ruling allows Exide to emerge from Chapter 11 bankruptcy once it meets all the conditions of the plan, which includes obtaining closing on exit financing.

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Exide hires senior executives to deal with Vernon clean-up

Thu, 06/19/2014 - 09:29 -- Laura Varriale
Exide facility in Vernon

Exide Technologies has appointed two senior executives to boost efforts to upgrade its under-fire recycling facility in Vernon, California.

Thomas Strang has been hired as Vice President Environment Health & Safety and Charles Giesige is the new Vice President of Recycling Operations of the lead-acid battery manufacturer and recycler.

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Californian air-quality board cracks the whip on Exide Technologies

Fri, 03/14/2014 - 12:10 -- Ruth Williams
Fierce public outcry has put Exide in the environmental spotlight for several years. The company has pledged to spend $7m on upgrades to the recycling plant.

Stricter emission guidelines have been approved by the Californian air-quality management agency to regulate arsenic and other toxic substances from lead-acid battery recycling plants.

The revised targets mean Exide Technologies’ Vernon smelter plant and Quemetco’s battery recycling plant in Industry must adhere to new requirements from the South Coast Air Quality Management District (AQMD). The restrictions limit arsenic emissions to 11.3 kg per year until 2015 and 4.5 kg per year thereafter. Benzine emissions must be limited to 204 kg per year. The ambient concentration of arsenic cannot exceed 10 nanograms per cubic meter.

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Exide plant demolition begins

Wed, 11/13/2013 - 17:16 -- Ruth Williams
Exide Technologies Baton Rouge Recycling Centre

Exide’s disused lead-acid battery recycling plant in Baton Rouge, Louisiana, US is being demolished. The facility has sat idle since 2009 when Exide asked the local Department of Environmental Quality to pause production, a procedure that should begin the permanent closure of the plant.

Exide had to apply for extensions to remain out of action while economic conditions were unfavourable for operation. Extensions were granted in 2009, 10 and 11 but denied in 2012 because the company was unable to prove market conditions would become ripe for restarting the site within 12 months. The demolition begun at the end of October and is expected to be completed by December 1st

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Exide Technologies say goodbye Texas hello India

Fri, 07/20/2012 - 18:02 -- Ruth Williams

Exide Technologies' battery recycling plant in Frisco, Texas US, is to close by the end of this year after a battle by city residents over environmental issues.

The company is now being sued by two environmental groups concerned about the impact the plant has had on the health of the population. 

The groups feel regulators failed to take action on violations being committed at the plant as found on inspections.

"There are chronic contamination problems at Exide that still pose a hazard to Frisco residents and property. There's also a long history of law-breaking that the company must be held accountable for," said Colette McCadden, secretary of Frisco Unleaded.

Exide has been a target of critics in recent years because of lead emissions that exceed the US federal air-quality standard. That standard was tightened in 2008 because of mounting research into the dangers of exposure to the toxic metal at very low levels.

Exide are ceasing operation at the end of this year and the city is buying the land to re-generate.

Things are looking better for the company elsewhere however. In India Exide are planning to expand their manufacturing capacity. They will focus upon the invertor segment as opposed to automotive batteries.

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