Containment

International geosynthetics manufacturer GSE has revised its planned initial public offering (IPO) of stock. The company had intended to offer shares in mid-December, but was one of three companies to pullback from an IPO that month in the tepid investment environment. The new IPO terms, just filed, announced a 7 million share offering at an expected $8-10/share price. Roughly $63 million is expected to be raised. This offering will make GSE one of the only geosynthetics companies with publicly traded shares. It will also announce the return of the company to being publicly traded after years of private equity ownership. Learn more here.;

A Carlsbad, New Mexico landfill has received a $1.3 million fine from the New Mexico Environment Department for accepting improper waste. The facility, which attempted to ban NMED staff from inspection, has accepted (and failed to properly cover) asbestos and hazardous waste, in violation of its permit. Learn more here.;

CEMATEX, the European Committee of Textile Machinery Manufacturers and the International Textile Manufacturers Federation (ITMF) have announced a high-level business forum, to take place next year alongside the ITMA 2011 show, in Barcelona, Spain. Read more.

Published by Thomas Telford, the latest issue of Geosynthetics International (volume 12 issue 6) contains six technical papers.

The manufacturing process for geosynthetics is complex but learning more about these processes is extremely instructive for how to properly utilize and understand geosynthetic materials. During CIM 2017,...

American Securities LLC, a New York-based private equity firm, today announces that it has completed its significant investment in Advanced Drainage Systems, Inc. (ADS), the largest producer of corrugated polyethylene pipe products in the world. Based in Hilliard, Ohio, ADS is a 40-year-old, privately-held company serving the storm and waste water industry. Equity for the investment was provided by American Securities Partners V, L.P., a $2.3 billion private equity partnership. Barclays Capital acted as financial advisor to ADS.

In recognition of the Presidents Day holiday here in the United States, the Early Registration Deadline for Geo-Frontiers 2011 has been extended. Please register by 23 February to receive the best pricing. Learn more here.;

ASTM has signed an official memorandum of understanding with the Institute for Standardization of Serbia. The MOU program promotes communication between ASTM International and national standards bodies worldwide, fostering awareness of the standardization systems of all parties involved. ASTM has signed 69 MOUs with national standards bodies. Learn more here.;

Tensar International recently installed a magnetic fuel treatment system from Maxsys to one of their gas-fired, steam-raising boilers. The project has reported cut gas consumption by 5.78%--a considerable financial savings in the manufacturing process and an admirable environmental benefit. Also, extensive analysis by the Blackburn-United Kingdom facility's chief engineer has found that boiler efficiency has improved by 5.46%. Read more in the release.

Rubble from segments of the Interstate 10 Twin Spans destroyed during Hurricane Katrina will be stuffed inside erosion control gabion mattresses that will be draped along a 7.8-mile stretch of the Lake Borgne shoreline of the eastern New Orleans landbridge. Learn more here.;

During the 10th International Conference on Geosynthetics (10 ICG), the International Geosynthetics Society (IGS) will hold its awards reception, with a few important changes. In the past, the awards have...

The Erosion Control Technology Council (ECTC) has recently approved and published a comprehensive General Usage and Installation Guideline for Sediment Retention Fiber Roll (SRFR). These guidelines are the product of consensus amongst leading manufacturers of SRFRs in the industry and are designed to satisfy the needs of engineers and designers and other end-users of these products. These guidelines provide expert information on appropriate application and spacing along with key elements for successful product performance.

Maryland's Chesapeake Bay is undergoing an extensive restoration, but lawmakers are sitting on $50 million and haggling about how to use it. They would like to find census on how to spend it, what erosion control methods would work best, and how they can more fully track nitrogen and phosphorus reductions of runoff. Learn more here.;

By Ian D. Peggs and Chris Kelsey – Low temperatures, fast-dropping temperatures, and strong winds can provide the ideal conditions for rapid crack propagation (RCP)—“shattering”—in exposed high-density polyethylene...

The dispute continues over whether England's first artificial reef--created with the placement of geotextile bags--has fulfilled its goals. Some (including many surfers, for whom the reef was ostensibly created) believe it has achieved only 4 of 11 stated goals. The design team believes it has met 10 of 11 goals. But what everyone seems to agree on is the undersea life it has promoted. The reef has developed vegetation and fishing has improved. Two studies are tracking it. Learn more here.;

Over at Trading Markets, a press release of interesting stocks to watch includes Amcol International, parent company of CETCO. CETCO is a leading global supplier of geosynthetic clay liners (GCLs). Read about the stock's performance and the company in the release. Learn more here.;

The U.S. Environmental Protection Agency's (EPA) Office of Wetlands, Oceans and Watersheds (OWOW) has released its 2010 annual report titled "Sustainable Communities, Healthy Watersheds." The report contains information about EPA's work with the U.S. Army Corps of Engineers in the development of new draft guidance on Identifying Waters Protected by the Clean Water Act (also known as the Waters of the U.S. Draft Guidance), progress in better protection of water quality in Appalachia from the harmful effects of surface coal mining operations, and advancement in the work of the National Ocean Council. The report also includes information about OWOW's response to the Deepwater Horizon/BP oil spill, polluted runoff, Chesapeake Bay watershed rules, and much more.

GSE Holding, Inc. has announced its acquisition of all of the equity interests of SynTec, LLC, a Baltimore, Maryland-based manufacturer of geosynthetics that complement GSE's well-known containment geosynthetics. SynTec has revenues of approximately $20 million. Co-Founders Giovanni Capra and Aigen Zhao, both of whom are veterans of the field, will remain with GSE after the acquisition.

Waterproof Membranes 2018 will be held 5 – 7 November 2018 at the Maritim Hotel in Düsseldorf, Germany. Geosynthetics veteran Boyd Ramsey has been added to the program as the...