$15 Billion Market For Remediation Outside U.S.
Source: 
McIlvaine Company

In 2001, 65% of the expenditures for groundwater and soil remediation will
be outside the United States. Other countries will spend $4.5 billion on
consulting, testing and other services to characterize contaminated sites.
Approximately $1.3 billion will be spent on remediation hardware such as
pump and treat systems, and $8.7 billion will be spent on labor and
materials involved in the actual cleanup of these sites. These are the
conclusions reached in Site Remediation World Markets published by the
McIlvaine Company, Northbrook, IL.

Problems throughout the world are greater than those of the U.S.  Up to 94%
of Asian farmland suffers from problems such as chemical contamination,
acidity, salinity, and poor drainage. Aluminum contamination in 17% of the
farmland worldwide is so high that is toxic to plants.

The new ten year environmental action plan of the European Commission
emphasizes the importance of protecting soil quality. Voluntary initiatives
will be supplemented by penalties and taxes. Eastern Europe and Russia will
require enormous remediation investments.  Kaliningrad (a former Soviet
military area) will require $3 billion in  investments over the next 4
years for cleanup of nuclear waste, industrial pollution and untreated
sewage. In Yugoslavia and Kosovo, pollution has been increased by the
effects of war, including radioactivity from depleted uranium shells. This
adds to industrial contamination such as that caused by the Zvecan lead
smelter.

Japan is considering stricter standards for soil contamination. The most
prevalent contaminant at industrial and residential sites is
trichlorethylene. There are more than 100,000 contaminated point sources in
Australia which will result in expenditures of $4 billion. In Brazil there
are an estimated 35,000 underground storage tanks.  Many of them are
leaking, contaminating both soil and groundwater.

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