Plans to Carve Out Oil and Gas Field Services Segment as Standalone Publicly Traded Entity; Retains Most of Lodging Segment, and Oil Re-Refining Business Names Eric W. Gerstenberg Chief Operating Officer; Will Oversee Safety-Kleen Environmental Services Increases Emphasis on Recycled Oil Products Through Dedicated Lubricants Business Confirms 2014 Revenue and Adjusted EBITDA Guidance; Announces…, For the Year Ending December 31, 2014, , Amount, , Margin % (1), (In millions) Projected GAAP net loss $(42) to $(32) (1.2)% to (0.9)% Adjustments: Accretion of environmental liabilities 11 to 10 0.4% to 0.3% Depreciation and amortization 278 to 274 8.2% to 8.0% Goodwill impairment charge 123 to 123 3.6% to 3.6% Other income (4) to (4) (0…, For the Year Ending December 31, 2015, , Amount, (In millions) Projected GAAP net income $103 to $136 Adjustments: Accretion of environmental liabilities 11 to 10 Depreciation and amortization 275 to 265 Interest expense, net 76 to 76 Provision for income taxes 65 to 83 Projected Adjusted EBITDA $530 to $570 Conference Call Information Clean Harbors management will conduct a…
Type: News Article
Presentation to be Webcast Live at 2:50 p.m. (ET) Tuesday, January 13, NORWELL, Mass.--(BUSINESS WIRE)--Jan. 5, 2015-- Clean Harbors, Inc. ("Clean Harbors") (NYSE: CLH), the leading provider of environmental, energy and industrial services throughout North America, today announced that Vice Chairman, President and Chief Financial Officer James M. Rutledge will be presenting at the 17th Annual Needham Growth Conference in New York City. Clean Harbors' presentation…
Type: News Article
Throughout the winter, Clean Harbors helped people, businesses and the government in seasonal clean-up across the United States and Canada. After what was a seemingly endless winter, here are just some of the stories: Nor'easter downs transformers Clean Harbors responded to a Massachusetts wharf where a lobsterman was trapped by power lines downed by a March 13 blizzard. Following the rescue,…
Type: News Article
Two Clean Harbors workers driving through the Canadian Rockies put their safety training and awareness skills to use in heroic fashion after coming across a mountain mudslide. Edmonton District Manager Dave Bell and Senior Account Manager Marty Bowes were heading back from a meeting last month on Highway 3 near Nelson, B.C., when they came across the aftermath of a mudslide that appeared to have…
Type: News Article
Clean Harbors CEO Alan McKim appeared on CNBC's stock show "Mad Money" where he talked with host Jim Cramer about the oil market and the record amounts of hazardous waste Clean Harbors is collecting. See the full clip here
Type: News Article
Clean Harbors was a sponsor for the renowned Falmouth (Mass.) Road Race this year. The picturesque 7-mile course along Cape Cod's coastline from Woods Hole to Falmouth Heights Beach has been called "America's favorite race" by Runner's World magazine, a "must do" by Sports Illustrated and the race of the year by New England Runner. Considered one of the premier non-marathon races in the world, it…
Type: News Article
In an industry teeming with safety initiatives, Clean Harbors' Start-Safe/Stay-Safe program may become a new high bar. During a Voluntary Protection Program (VPP) recertification at Clean Harbors' Spring Grove facility near Cincinnati, a representative from the Occupational Safety and Health Administration (OSHA) asked Clean Harbors to present its 'Start-Safe/Stay-Safe' Program at their National…
Type: News Article
With safety as the top priority throughout the year, fire prevention is always a forefront topic at Clean Harbors. During Fire Prevention Week last month, however, locations across the company took care to give extra attention to the matter. El Dorado, Ark. The incinerator team presented a $10,000 check to the El Dorado Fire Department to pay for new equipment meant to safeguard firefighters…
Type: News Article
The Engineering News-Record (ENR) ranked Clean Harbors third in its annual "Top 200 Environmental Firms" list. The slot is up two from 2016's fifth place rank. In addition to the full rankings, Clean Harbors placed top 20 in a number of subcategories, including No. 1 hazardous waste firm - more than doubling the revenue of the second ranked company. Clean Harbors was also named the best firm for…
Type: News Article
Crews from the company Clean Harbors began power-washing sidewalks and street areas with a bleach and chlorine solution in downtown San Diego on Monday as part of an effort to stop the spread of hepatitis A among homeless people. The area cleaned Monday included sidewalks around 17th Street and Imperial Avenue, where hundreds of homeless congregate and live in tents and other shelters along city…
Type: News Article
