COMMODITY / ENERGY BRIEFS

COMMODITY / ENERGY BRIEFS

WEYERHAEUSER PURCHASES

MIDLAND RECYCLING

TACOMA, Wash. - Forest products company Weyerhaeuser Co. said it has acquired Omaha, Neb.-based Midland Recycling, a 30-employee recycling facility, for an undisclosed price.

Weyerhaeuser said it plans to double the 3,000-ton-a-month volume of recycled materials such as recyclable newspaper, old corrugated containers, office papers, aluminum, plastic and glass at the 70,000-square-foot facility by 1998.

The company said it also has agreed to administer the processing portion of Omaha's curbside recycling collection program set to begin in January 1996.

The acquisition brings to 32 the number of recycling facilities Weyerhaeuser operates in North America.

Weyerhaeuser uses the recovered paper to make new printing and writing papers, newsprint and corrugated containers. The company handles more than 2 million tons of recycled fiber each year.

UNOCAL INDONESIA LTD.

FINDS OIL AND GAS FIELD

SINGAPORE - The Unocal Indonesia Ltd. unit of Unocal Corp. of Los Angeles said Friday it discovered a new oil and natural gas field in the Mahakam Delta off eastern Kalimantan.

The Seguni-1 exploration well was drilled about two miles northwest of Unocal's Sepinggan field. The first test flowed 22.3 million cubic feet of gas a day and 163 barrels of condensates. A second test flowed 10.7 million cubic feet of gas and 2,572 barrels a day of condensates.