Perma-Fix Environmental Services Commends EPA on Regulatory and Enforcement Measures for PFAS

Highlights advantages of its new PFAS destruction technology as a preferred alternative to landfills, deep well injection and incineration

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today applauded the U.S. Environmental Protection Agency (EPA) for setting strict new regulatory and enforcement measures related to per- and polyfluoroalkyl substances (PFAS).

The new regulatory measures include:

• Designation of PFAS as hazardous substances, which enables the agency to compel responsible parties to pay for or conduct investigations and cleanup, as well as the addition of seven additional PFAS to the list of chemicals covered by the Toxics Release Inventory (TRI).
• Issuing a Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) enforcement discretion policy that makes clear that EPA will focus enforcement on parties who significantly contributed to the release of PFAS chemicals into the environment, including parties that have manufactured PFAS or used PFAS in the manufacturing process, federal facilities, and other industrial parties.
• Finalizing standards to protect people and communities from PFAS contamination in drinking water, including establishment of the first-ever national, legally enforceable drinking water standard for PFAS.
• Dedicating $9 billion in funding to address PFAS and other emerging contaminants in drinking water and an additional $12 billion in funding to support general drinking water investments, including PFAS treatment.

In alignment with these new measures, Perma-Fix recently completed successful pilot tests for its new PFAS destruction process, recently trademarked as Perma-FAS. This groundbreaking technology demonstrates efficacy and versatility across a wide array of potential markets, including the treatment of PFAS-contaminated liquids, solids, soils, biosolids, and sludges. Achieving a minimum of 99.9999% destruction of PFAS compounds, Perma-FAS not only virtually eliminates these persistent pollutants but also significantly reduces the environmental liability associated with their disposal.