No login? Request one now or learn more about the advantages. Customer Login
Providing Comprehensive Environmental Services for North America

Dear Investors:
Clean Harbors is the leading provider of environmental services and the largest hazardous waste disposal company in North America. Founded in 1980, Clean Harbors provides a comprehensive suite of services including transportation and disposal, industrial cleaning and maintenance, chemical packaging, chemical and solvent recycling and emergency response to more than 47,000 customers in 36 U.S. states, six Canadian provinces, Mexico and Puerto Rico.
2008 was another year of significant achievement. We expanded our incineration capacity and made substantial investments across our network of assets. We entered the solvent recycling business, integrated several strategic acquisitions, and expanded our service locations to further penetrate select markets. Additionally, we streamlined our cost structure, completed a successful follow-on offering, and transferred our stock listing to the New York Stock Exchange.
As a result of our efforts in 2008, we met our goal of reaching $1 billion in revenue, while also increasing EBITDA by 22 percent to a record $163 million.
In April 2009, we signed a definitive agreement to acquire Eveready, Inc., a Canadian-based company that provides a wide number of industrial services to the oil and gas, chemical, pulp and paper, manufacturing and power generation industries. Eveready generated revenues of CAD $651 million in 2008. Under the terms of the agreement, Clean Harbors will purchase Eveready through a combination of cash, stock and assumed debt. The deal is valued at approximately USD $400M and is expected to be completed during the third quarter of 2009.
Looking ahead, we see many reasons for optimism. We expect 2009 to be another year of growth, operational improvements and continued demand for our specialized services.
I invite you to return to our website frequently for updates on our progress. Thank you for your interest in Clean Harbors.
Sincerely,
Alan S. McKim
President, CEO and Chairman
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. These forward-looking statements are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans to," "estimates," "projects," or similar expressions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s opinions only as of the date hereof. The Company undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements other than through its various filings with the Securities and Exchange Commission. Furthermore, all financial information in this press release is based on preliminary data and is subject to the final closing of the Company’s books and records.
A variety of factors beyond the control of the Company may affect the Company’s performance, including, but not limited to:
Any of the above factors and numerous others not listed nor foreseen may adversely impact the Company’s financial performance. Additional information on the potential factors that could affect the Company’s actual results of operations is included in its filings with the Securities and Exchange Commission, which may be viewed on www.cleanharbors.com/investor_relations.
Listen to the rebroadcast of Clean Harbors' First-Quarter Financial Results Conference Call Webcast launch webcast »
Listen to and view the rebroadcast of Clean Harbors' Webcast Conference Call and Slide Presentation on the Acquisition of Eveready Inc. from April 29, 2009 launch webcast rebroadcast »
Clean Harbors, Inc.
42 Longwater Drive
P.O. Box 9149
Norwell, MA 02061-9149
781.792.5000
Directions to Corporate Office
Alan S. McKim
Since 1980
Clean Harbors stock is traded on the NYSE stock exchange under the symbol CLH.
For 24-Hour Emergency Response, call 800.OIL.TANK (800.645.8265)
©1995-2009 Clean Harbors Environmental Services, Inc. Use of automated data collection programs forbidden.