Related news,
Petrol Rem Inc., a subsidiary of Pittsburgh-based BICO, Inc. (BIKO:
.034), announced that its Tireless, LLC subsidiary has signed a
sub-contract agreement to begin remediating discarded tires at one of the
nation's largest tire piles near Upper Sandusky, Ohio beginning on October 1,
2001. Under the terms of the agreement with Central Ohio Contractors,
Inc. (COC), Tireless will utilize its portable tire shredder and labor
force in the operation at the Kirby tire pile. COC has a contract with
the Ohio Environmental Protection Agency to remove 30,000 tons, or the
equivalent of 3 million passenger tires, within a 12-month period.
Tireless will receive $.45 per tire processed during the course of
operation. BIKO added .002 on light volume of 10,512,900 shares.