Newalta Corp Announces Reorganization

Newalta Corp announced that effective January 1, 2013, it will realign the reporting structure into three divisions - New Markets, Oilfield and Industrial. The reorganization of the three new divisions will be as follows New Markets- Heavy Oil Business Unit (includes heavy oil facilities and onsite); U.S. Business Unit (includes U.S. facilities, drill site and onsite). Oilfield- Includes oilfield facilities, oilfield onsite, environmental services and Canadian drill site. Industrial- Western Business Unit (includes oil recycling, industrial facilities and industrial onsite in western Canada); Eastern Business Unit (includes VSC, SCL, industrial facilities and industrial onsite in eastern Canada) Newalta will maintain the current reporting structure of Facilities and Onsite divisions for the remainder of fiscal 2012.