ALL HAIL SHALE

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* Heckmann Corp. and Energy Transfer Partners have announced a joint venture to build pipelines and treatment plants to process and recycle wastewater generated by the Marcellus and Haynesville Shales in the United States.

It is a bold new direction for Heckmann, and should also be good news for pipe supplier Underground Solutions, in which Heckmann Corp. has a 7% stake (see story p24).