Ciba Specialty Chemicals Corporation Gears towards Summer 2003 Kick-Off for $50 Million Bioremediation Project

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Researched by Industrialinfo.com (Industrial Information resources, Incorporated; Houston, Texas). Ciba Specialty Chemicals Corporation (NYSE: CSB) (Tarrytown, New York) plans to start a $50 Million bioremediation of their Toms River, New Jersey plant site. All manufacturing operations ceased at this location in December 1996 and the plant was dismantled. Ciba's goal is to restore the site to meet regulatory standards and continue functioning in an environmentally responsible manner.

Ciba's remediation efforts at the site currently employ approximately 30 people. Construction, at the 1,350-acre site will begin in six weeks, starting in August 2003 with completion of remedial work scheduled for 2005.

Sevenson Environmental Services Incorporated (Nasdaq: SEVN) (Niagara Falls, New York) is providing general contraction services for this project. Sevenson is expected to clean contaminated soil at the site, install water lines and sprinkler systems in two 100' by 300' pole barns to be constructed and used as storage facilities for the soil.

Ciba Specialty Chemicals has a long company tradition rich in scientific achievements. Its roots date back to the year 1758 when J.R.Geigy opened a trading company for chemicals, dyestuffs and drugs, 1862 saw the start of dyestuff production, and R&D activities in textile chemicals started in 1925.

Since the establishment of Ciba Specialty Chemicals in 1997, new products and technologies have been found at an ever

Sevenson Environmental Services Incorporated, founded in 1917 as a family-owned general construction business, entered the environmental services business in 1979 when the company was selected to perform remedial work at the Love Canal. Sevenson has completed over 900 Remediation Projects including work at 94 superfund sites.