Perma-Fix Subsidiary Wins Contract for Processing, Shipping Material

Company lands contract to handle radioactive material at Oak Ridge facility.

East Tennessee Materials & Energy Corporation, a wholly owned subsidiary of Perma-Fix Environmental Services, Inc. has been awarded a contract by Bechtel Jacobs Company for low level radioactive waste processing and shipping from the Oak Ridge Reservation.

Bechtel Jacobs Company, LLC, the U.S. Department of Energy's Closure Contractor for the Oak Ridge Reservation, estimates that approximately 22,000 cubic meters of low level radioactive waste currently in storage will require processing and shipping for disposal between October 2003 and June 2005. This contract is in support of Bechtel Jacobs' accelerated cleanup contract with the Department of Energy's Oak Ridge Operations Office for the disposal of legacy wastes from the Reservation, and is a priority for supporting the accelerated cleanup at Oak Ridge.

The Low Level Radioactive waste will consist primarily of dry active waste, scrap metal, and construction demolition debris. East Tennessee Materials & Energy Corp. will perform processing and shipping under this contract at its facility located at the East Tennessee Technology Park. The M&EC facility is located in close proximity to the stored waste and the work will be performed using existing processing capabilities.
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