Clean Harbors

Clean Harbors Launches “Total PFAS Solution” Addressing Customers’ Forever Chemicals Needs

Retrieved on: 
Thursday, April 4, 2024
Chemicals, Plastics, Environment, Manufacturing, Environmental Issues, Green Technology, Environmental Health, AFFF, Health, CLH, Certification, Growth, PFAS, PFOS, Transport, PFOA, Groundwater, Birth, Human, Clean Harbors, EPA, Agency, Water, Perfluorohexanesulfonic acid, Airport, Soil, Family, Animal, Drinking water, Total, Cosmetics

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today introduced its “Total PFAS Solution” to address all the needs of customers related to PFAS (per- and poly-fluorinated alkyl substances), which are commonly referred to as forever chemicals.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today introduced its “Total PFAS Solution” to address all the needs of customers related to PFAS (per- and poly-fluorinated alkyl substances), which are commonly referred to as forever chemicals.
  • Clean Harbors’ Total PFAS Solution is the industry’s first and only one-stop-shop consisting of eight core elements and providing customers with a range of services from analysis to remediation to disposal.
  • Our Total PFAS Solution provides us an additional avenue to leverage our world-class remediation, transportation and disposal capabilities while contributing to a safer and cleaner environment for all.
  • “Not only can we help them safely eliminate the most dangerous members of the PFAS family, but with today’s launch of our Total PFAS Solution, we can address all of their PFAS needs.”

Clean Harbors Completes Acquisition of HEPACO

Retrieved on: 
Monday, March 25, 2024
Environment, Recycling, Chemicals, Plastics, Rail, Environmental Health, Maritime, Transport, Manufacturing, CLH, Growth, Acquisition, Clean Harbors, Adjustment, Ecosystem

Clean Harbors, Inc. (“Clean Harbors” or the “Company”) (NYSE: CLH) today announced the completion of its acquisition of HEPACO, a leading environmental provider of field and emergency response services in the Eastern United States.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors” or the “Company”) (NYSE: CLH) today announced the completion of its acquisition of HEPACO, a leading environmental provider of field and emergency response services in the Eastern United States.
  • Clean Harbors purchased HEPACO from Gryphon Investors for $400 million in cash.
  • Clean Harbors expects the acquisition to generate cost synergies of approximately $20 million after the first full year of operations, which equates to a post-synergy acquisition multiple of 7.1 times.
  • Based on the completion date of the transaction, Clean Harbors currently expects that HEPACO will add approximately $30 million of Adjusted EBITDA in 2024.

Women In Trucking Association Names 2024 Top Women to Watch in Transportation

Retrieved on: 
Monday, March 11, 2024
GFL Environmental, Penske Truck Leasing, PR, Peterbilt, Woman, AMX, PACCAR, SVP, Old Dominion Freight Line, Clean Harbors, Walmart, Werner Enterprises, Road, DCS, UPS, Ryder, Conversion, Marketing, WIT, Interior design

ARLINGTON, Va., March 11, 2024 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT) announced today its 2024 Top Women to Watch in Transportation. The editorial staff of Redefining the Road, WIT's official magazine, selected these individuals for their significant career accomplishments in the past 12 to 18 months, as well as their efforts to promote gender diversity.

Key Points: 
  • The Women In Trucking Association (WIT) announced today its 2024 Top Women to Watch in Transportation.
  • ARLINGTON, Va., March 11, 2024 /PRNewswire-PRWeb/ -- The Women In Trucking Association (WIT) announced today its 2024 Top Women to Watch in Transportation.
  • "These women exemplify the mission and values of the Women In Trucking Association and truly are top women to watch in our industry."
  • The women will be featured in the upcoming edition of WIT's Redefining the Road magazine and online at http://www.womenintrucking.org/top-women-to-watch .

Clean Harbors Announces Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024
Environment, Natural Disasters, Chemicals, Plastics, Environmental Health, Oil, Gas, Manufacturing, Sustainability, Energy, Recycling, Acquisition, Collection, Total, Burn, Clean Harbors, CLH, Transport, Growth, ESG, Total Recordable Incident Rate, Safety, GAAP, History, Incineration, PFAS, SKSS, Workforce, Ecosystem, Face, Pressure, Pharmaceutical industry

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Adjusted EBITDA (see description below) grew 14% to $254.9 million compared with $224.2 million in the same period of 2022.
  • “2023 was an outstanding year for the Company, highlighted by a record financial performance in our ES segment, notable operational accomplishments and extraordinary safety results,” Gerstenberg said.
  • For full-year 2024, Clean Harbors expects:
    Adjusted EBITDA in the range of $1.05 billion to $1.11 billion or a midpoint of $1.08 billion, which represents 7% growth year-over-year.

Global Environmental Remediation Technology Analysis Report 2023-2028: Insights into Soil, Groundwater, and Air Remediation as Industrial Applications Drive Growth

Retrieved on: 
Wednesday, February 28, 2024
Soil, Air pollution, Atmosphere, USD, Mining, International finance, Porter's five forces analysis, ESG, HDR, Inc., Groundwater, Clean Harbors, Pollution, Health, PESTLE, Water, Environmental remediation, DEME, Market, Forestry, Environment

DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "Global Markets for Environmental Remediation Technologies 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "Global Markets for Environmental Remediation Technologies 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Environmental remediation eliminates toxins or contamination from different ecological media such as soil, groundwater, silt, surface water and air.
  • Within this global context, the report discusses specific growth drivers and the challenges related to the evolution of the remediation technologies market.
  • Overview of the technologies and emerging developments for applications of remediation techniques, and an analysis of new and existing patents on environmental remediation.

GRYPHON INVESTORS TO SELL HEPACO TO CLEAN HARBORS FOR $400 MILLION

Retrieved on: 
Tuesday, February 6, 2024
Houlihan Lokey, CLH, Partnership, SAN, Growth, Clean Harbors, Transport, Kirkland & Ellis, Griffin, LLP

SAN FRANCISCO, Feb. 6, 2024 /PRNewswire/ -- Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, announced today that it has signed an agreement to sell HEPACO, LLC ("HEPACO" or "the Company") to Clean Harbors Inc. ("Clean Harbors") (NYSE: CLH), a leading provider of environmental and industrial services, in a transaction valued at $400 million.

Key Points: 
  • SAN FRANCISCO, Feb. 6, 2024 /PRNewswire/ -- Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, announced today that it has signed an agreement to sell HEPACO, LLC ("HEPACO" or "the Company") to Clean Harbors Inc. ("Clean Harbors") (NYSE: CLH), a leading provider of environmental and industrial services, in a transaction valued at $400 million.
  • Gryphon initially invested in the Company in August 2016 and completed seven add-on acquisitions during its ownership.
  • We are confident that Clean Harbors will be an excellent home for HEPACO, and we believe that Clean Harbors will accelerate HEPACO's ongoing growth initiatives."
  • HEPACO management looks forward to working with Clean Harbors to continue driving growth and executing on our mission-critical environmental service work."

Clean Harbors to Acquire HEPACO for $400 Million

Retrieved on: 
Tuesday, February 6, 2024
Oil, Gas, Energy, Environment, Recycling, Sustainability, Houlihan Lokey, CLH, Growth, History, Transport, Ecosystem, Safety, Organization, Clean Harbors, Acquisition, Kirkland & Ellis, LLP, Harbor, Management

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH) today announced it has entered into a definitive agreement with Gryphon Investors (“Gryphon”) to acquire HEPACO (“HEPACO”), a leading provider of specialized environmental and emergency response services in the Eastern United States, for $400 million in cash.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH) today announced it has entered into a definitive agreement with Gryphon Investors (“Gryphon”) to acquire HEPACO (“HEPACO”), a leading provider of specialized environmental and emergency response services in the Eastern United States, for $400 million in cash.
  • “HEPACO is a recognized leader in Field Services and its addition will accelerate the growth of our Environmental Services segment,” said Eric Gerstenberg, Co-Chief Executive Officer of Clean Harbors.
  • On an adjusted basis, HEPACO is expected to generate full-year 2023 EBITDA of approximately $36 million on $270 million of revenues.
  • This transaction also will offer enhanced career opportunities for HEPACO employees.”
    For this acquisition, Davis, Malm & D’Agostine is serving as legal counsel to Clean Harbors.

Solvent Recovery and Recycling Market worth $1,384 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 1, 2024
Growth, Recycling, Solvent, Carbon, Clean Harbors, Printing

Cresol is estimated to be the fastest-growing solvent type in the solvent recovery and recycling market due to its versatile applications and eco-friendly nature.

Key Points: 
  • Cresol is estimated to be the fastest-growing solvent type in the solvent recovery and recycling market due to its versatile applications and eco-friendly nature.
  • Based on end-use industry, printing end-use industry is estimated to be the fastest-growing segment of solvent recovery and recycling market.
  • With increasing environmental awareness and stringent regulations, there's a growing emphasis on solvent recovery and recycling to reduce environmental impact.
  • Europe is the second fastest growing region, in terms of value, during the forecast period in the solvent recovery and recycling market.

Solvent Recovery and Recycling Market worth $1,384 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 1, 2024
Growth, Recycling, Solvent, Carbon, Clean Harbors, Printing

Cresol is estimated to be the fastest-growing solvent type in the solvent recovery and recycling market due to its versatile applications and eco-friendly nature.

Key Points: 
  • Cresol is estimated to be the fastest-growing solvent type in the solvent recovery and recycling market due to its versatile applications and eco-friendly nature.
  • Based on end-use industry, printing end-use industry is estimated to be the fastest-growing segment of solvent recovery and recycling market.
  • With increasing environmental awareness and stringent regulations, there's a growing emphasis on solvent recovery and recycling to reduce environmental impact.
  • Europe is the second fastest growing region, in terms of value, during the forecast period in the solvent recovery and recycling market.

Bone Biologics Appoints Healthcare Finance Veteran Robert E. Gagnon to Board of Directors

Retrieved on: 
Thursday, January 11, 2024
Biotechnology, Pharmaceutical, Health, Verastem Oncology, PwC, LLP, Harvard Bioscience, RNA, Accounting, Bentley University, MBA, Controller, Management, Clean Harbors, Biogen, Growth

Bone Biologics Corporation (“Bone Biologics” or the “Company”) (Nasdaq: BBLG, BBLGW), a developer of orthobiologic products for spine fusion markets, today announced that effective immediately Robert E. Gagnon has been named to the Company’s board of directors.

Key Points: 
  • Bone Biologics Corporation (“Bone Biologics” or the “Company”) (Nasdaq: BBLG, BBLGW), a developer of orthobiologic products for spine fusion markets, today announced that effective immediately Robert E. Gagnon has been named to the Company’s board of directors.
  • The number of directors of Bone Biologics remains at four.
  • “We are delighted that a professional of Rob’s stature has agreed to join our board of directors,” said Jeffrey Frelick, president and chief executive officer of Bone Biologics.
  • Mr. Gagnon currently serves on the Board of Directors at Verastem Oncology and Purple Biotech.