Market Overview

Waste Management Expands Natural Gas-Powered Fleet and Opens Conroe CNG Fueling Station

Related LNG
UPDATE: Cheniere Announces Signing Of Added 20-Year LNG Sale, Purchase Deal With Pertamina
Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
U.S. Studies Lifting Ban on Crude Oil Exports (Fox Business)
Related CMI
Top 4 NYSE Stocks In The Diversified Machinery Industry With The Highest EPS
Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Good Time to Buy Micron Technology, Cummins? (Fox Business)

Waste Management (NYSE: WM) today announced plans to expand its fleet of natural gas-powered collection vehicles in the Houston area and open a new compressed natural gas (CNG) fueling station in Conroe that will increase access to the clean-burning fuel.

Joining Waste Management at the opening event were representatives from the City of Conroe and from Parkway Family and NGV Conversions.

Waste Management currently operates five CNG-powered collection vehicles in Houston's north suburban communities and expects to roll out an additional 35 in the area by the end of 2012. The public fueling station will refuel Waste Management's local fleet and sell CNG to commercial fleets. Soon, it will also open to retail consumers with CNG-equipped vehicles.

"Since natural gas-powered collection trucks run cleaner and quieter, we've made the commitment to use more in our local operations and support them and our community by opening a public CNG station," said Don Smith, area vice president for Waste Management's Texas and Oklahoma region.

Posted-In: News Events

 

Related Articles (LNG + CMI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters