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Vectren Corporation has added a news release to its Investor Relations
website.
Title: Vectren
sustainability project to benefit environment and economy
Date(s): 5/5/2008
For a complete listing of our news releases, please click
here
EVANSVILLE, IND. -- As part of a cross-industry sustainability project,
fly ash yielded from Vectren Corporation's (NYSE: VVC) southwestern Indiana
generating stations, A.B. Brown and F.B. Culley, will be utilized by
Geocycle US, a wholly-owned subsidiary of Holcim (US) Inc., for use in
cement manufacturing.
Vectren signed a 10-year agreement last week to provide up to 200,000
tons of fly ash, a by-product of coal-fired generation, per year to
Geocycle US starting in late 2009. To support this agreement, Vectren will
partner with local contractors later the summer on a $20 million project to
construct storage, conveyor and loading equipment to transport the fly ash
by river barges from A.B. Brown's plant in Posey County to Geocycle US's
facility in Ste. Genevieve, Mo.
"This is truly a win-win situation - not only for the parties
involved but also for the environment and the economy," said Niel
Ellerbrook, Vectren chairman and CEO. "We consume 3 million tons of
southwestern Indiana coal per year, which produces considerable amounts of
fly ash that will now be used as a sustainable product in cement. This
opportunity reduces the impact on the environment, in that fly ash, which
would normally be stored in a landfill, now will be used to make
cement."
"Our ash is collected in electrostatic precipitators and state of
the art fabric filters and is uniquely viable for this project because of
the emissions control equipment we have installed that essentially produces
pure fly ash suitable for making cement," added Vice President of
Power Supply Ron Jochum.
Geocycle US offers co-processing of wastes in partnership with Holcim
(US), one of the country's largest suppliers of portland and blended
cements and related mineral components, to provide sustainable solutions
for Vectren and other companies. Co-processing recovers the energy and
mineral components of waste during the cement manufacturing process,
without producing another waste.
"Geocycle US and Holcim (US) are pleased to partner with Vectren to
further our commitment to sustainable development," noted Rob Davies,
Geocycle US president. "Working together, we can provide for today's
generation while protecting the environment and preserving precious
resources for tomorrow."
About Vectren
Vectren Corporation (NYSE: VVC) is an energy holding company headquartered
in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas
and/or electricity to more than one million customers in adjoining service
territories that cover nearly two-thirds of Indiana and west central Ohio.
Vectren's nonutility subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the Midwest
and Southeast. These include gas marketing and related services; coal
production and sales; and energy infrastructure services. To learn more
about Vectren, visit www.vectren.com.
About Geocycle US
Geocycle US, based in Dundee, Mich., is a wholly owned subsidiary of Holcim
(US), Inc., focused on offering customers solutions to their waste
management needs by utilizing the co-processing capabilities of cement
manufacturing. Co-processing is the substitution of fossil fuels and
naturally occurring materials by waste in a manufacturing process such as
cement. The recoverable materials are diverted from other disposal options
such as landfills and incinerators, which preserves natural resources for
future generations. Previously doing business as Energis LLC, the company
recently introduced a common brand name for its co-processing operations in
more than 30 countries. To learn more about Geocycle US, visit
www.geocycle.us.
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Media Contact: Chase Kelley, (812) 491-4128 or kckelley@vectren.com
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