TexCom, Inc. (PINKSHEETS: TEXC) ("TexCom" or the "Company"), an environmental services company for the oil and gas industry, today announced that it is expanding the operating area of its M.B. Environmental Services waste disposal facility in Chambers County, Texas.
The expansion is planned to improve the offloading efficiency for customers delivering materials generated by the exploration and production of oil and gas, reducing the time in which trucks are onsite.
C.E.O. and Chairman Lou Ross stated, "Improving efficiency in offloading and handling our customers' class II disposal needs will provide benefits for both our customers and ourselves. As well, the additional temporary storage capacity that will be derived from the expansion and additional receiving facilities will allow us to operate continuously without affecting our customers. We simply have a need to be able to offload more trucks at greater speed in order to serve our customers efficiently."
TexCom, Inc., headquartered in Houston, Texas, is a growth-oriented company with its primary focus on the disposal of nonhazardous wastes and production of biodiesel. Domestically, TexCom disposes of nonhazardous materials generated by oil and gas exploration and production and is expanding its interests in disposal of nonhazardous industrial wastewater, serving the refining and petrochemical industries.
This press release may contain forward-looking statements, including information about management's view of TexCom, Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," ''expects," ''intends," ''plans," ''anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of TexCom, Inc., its divisions and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on TexCom's future results. The forward-looking statements included in this press release are made only as of the date hereof. TexCom cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, TexCom undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by TexCom.