Milestone Environmental Expands Leadership in the Permian Basin through Strategic Acquisition

Strengthening Leadership in the Permian Basin



Milestone Environmental, a dominant player in the environmental infrastructure and waste management sphere, has recently taken a significant step in solidifying its leadership in the Permian Basin by acquiring the Striker slurry injection facility located in Lea County, New Mexico. This acquisition is not just a business transaction; it marks a strategic expansion that reinforces Milestone's existing framework by increasing the number of operational facilities in the region to 15, thus enhancing its service offerings across Texas and New Mexico.

Enhancing Environmental Solutions



The addition of the Striker facility comes at a crucial time when there is an increasing demand for sustainable waste management solutions. Milestone's commitment to providing reliable, safe, and compliant waste management services has been demonstrated through its extensive network of advanced waste management infrastructure. The addition of the Striker facility enhances Milestone's capabilities to process tank bottom waste streams, thereby further expanding the company's range of services aimed at reducing the environmental impact of industrial activities.

Gabriel Rio, President and CEO of Milestone, commented on this acquisition by stating, "The acquisition of Striker represents another strategic step in strengthening our position as a definitive leader in energy and industrial waste management. This facility not only expands our ability to serve customers across the Permian Basin but also enhances the infrastructure for cleaner energy production."

Cutting-Edge Technology



The Striker facility is equipped with state-of-the-art technology, including automated tanker washout systems and advanced oil reclamation capabilities. Such innovations allow the facility to accommodate RCRA-exempt energy waste streams, ensuring continuous support for customer operations 24/7. Moreover, the facility employs an advanced injection process to permanently isolate waste materials deep underground, effectively preventing any potential environmental contamination.

In the upcoming months, Milestone plans to upgrade the Striker facility's processes to align with its patented slurry injection technology. This advancement will not only elevate the facility's operational standards but also bolster Milestone’s commitment to sustainable practices by maximizing resource recovery through sophisticated oil reclamation technologies.

Commitment to Reliability and Compliance



As a testament to its commitment to operational excellence, the Striker facility will maintain uninterrupted services following the acquisition. Milestone's high safety standards and operational protocols will be put in place to ensure consistent and reliable service delivery. This level of dedication makes Milestone a trusted partner for energy companies seeking responsible waste management solutions that align with their sustainability goals.

With the acquisition of the Striker facility, Milestone has once again highlighted its role as a leading force in the U.S. energy waste management sector. The company operates an unmatched network of strategically located facilities that respond to the growing need for responsible waste management solutions while promoting operational efficiency and environmental stewardship.

In conclusion, this acquisition marks a pivotal moment for Milestone Environmental as it continues to expand its influence in the energy sector, aligning operational capabilities with sustainability initiatives. With over 4 million tons of CO2e sequestered since 2014 through its innovative processes, Milestone is not just focused on growth; it is also committed to advancing sustainable practices in waste management.

Topics Energy)

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