| Clean Harbors Inc. (CLH) VCA Stocks: Environmental -> Other Environmental -> Recycling Waste |
| 5 Day Chart -- 6 Month Chart -- 2 Year Chart -- 5 Year Chart | |||
Clean Harbors, Inc. (Clean Harbors) is a provider of environmental, energy and industrial services throughout North America.
It serves over 50,000 customers, various smaller private entities and numerous federal, state, provincial and local governmental agencies. The Company has more than 175 locations, including over 50 waste management facilities, throughout North America in 36 states, seven Canadian provinces, Mexico and Puerto Rico. It also operates international locations in Bulgaria, China, Singapore, Sweden, Thailand and the United Kingdom. It has four segments: Technical Services, Field Services, Industrial Services and Exploration Services. On July 31, 2009, Clean Harbors acquired 100% interests in Eveready Inc. Eveready provides industrial maintenance and production, lodging, and exploration services to the oil and gas, chemical, pulp and paper, manufacturing and power generation industries.
Technical Services
Technical Services provide a range of hazardous material management services including the packaging, collection, transportation, treatment and disposal of hazardous and non-hazardous waste at Company-owned incineration, landfill, wastewater, other treatment facilities, and CleanPack services. Its CleanPack services include the collection, identification and categorization, specialized packaging, transportation and disposal of laboratory chemicals and household hazardous wastes. Clean Harbors’ technical services are provided through a network of service centers from which a fleet of trucks are dispatched to pick up customers' waste either on a predetermined schedule or on-demand, and to deliver the waste to permitted facilities, which are usually Company-owned. Its service centers also dispatches chemists to a customer location for the collection of chemical and laboratory waste for disposal.
As an integral part of its services, the Company collects industrial wastes from customers and transport, such wastes to and between its facilities for treatment or bulking for shipment to final disposal locations. Customers typically accumulate waste in containers, such as 55 gallon drums, bulk storage tanks or 20 cubic yard roll-off containers. In providing this service, Clean Harbors utilizes a variety of specially designed and constructed tank trucks and semi-trailers, as well as third-party transporters, including railroads. It recycles, treats and disposes of hazardous and non-hazardous industrial wastes. The wastes handled include substances, which are classified as hazardous because of their corrosive, ignitable, infectious, reactive or toxic properties, and other substances subject to federal, state and provincial environmental regulation. It provides final treatment and disposal services designed to manage wastes, which cannot be otherwise economically recycled or reused. The wastes it handles come in solid, sludge, liquid and gas form.
The Company operates recycling systems for the reclamation and reuse of certain wastes, particularly solvent-based wastes generated by industrial cleaning operations, metal finishing and other manufacturing processes. Resource recovery involves the treatment of wastes using various methods, which remove contaminants from the original material to restore its fitness for its intended purpose and to reduce the volume of waste requiring disposal.
Incineration is the preferred method for the treatment of organic hazardous waste, because it destroys the contaminants at high temperatures. High temperature incineration eliminates organic wastes, such as herbicides, halogenated solvents, pesticides, and pharmaceutical and refinery wastes, regardless of whether they are gases, liquids, sludge or solids. The Company has six active incineration facilities that offer a range of technological capabilities to customers through this network. Landfills are used primarily for the disposal of inorganic wastes. In the United States and Canada, it operates nine commercial landfills.
The Company operates seven wastewater treatment facilities that offer a range of wastewater treatment technologies. These wastewater treatment operations involve processing hazardous and non-hazardous wastes through the use of physical and chemical treatment methods. The wastewater treatment facilities treat a range of industrial liquid and semi-liquid wastes containing heavy metals, organics and suspended solids, including acids and caustics, ammonias, sulfides and cyanides; heavy metals, ink wastes and plating solutions; landfill leachate and scrubber waters, and oily wastes and water soluble coolants. The Company disposes of munitions and other explosives at the facility in Colfax, Louisiana. Residue is collected from the treatment process and shipped off-site for disposal at an approved facility. Metal by-products are shipped off-site for recycling.
Field Services
Field Services provide a variety of environmental cleanup services on customer sites or other locations on a scheduled or emergency response basis, including tank cleaning, decontamination, remediation, and spill cleanup. Field services provide customers with experts who utilize specialty equipment and resources to perform services at any chosen location. Its field service crews and equipment are dispatched on a planned or emergency basis, and perform services, such as confined space entry for tank cleaning, site decontamination, large remediation projects, demolition, spill cleanup, railcar cleaning, product recovery and transfer, scarifying and media blasting and vacuum services. Additional services include used oil and oil products recycling, as well as polychlorinated biphenyls (PCB) management and disposal. Other services include filtration and water treatment services.
Industrial Services
Industrial Services provide industrial and specialty services, such as high-pressure and chemical cleaning, catalyst handling, decoking, material processing and industrial lodging services to refineries, chemical plants, pulp and paper mills, and other industrial facilities. These services include a range of industrial maintenance services provided at refineries, chemical plants, pulp and paper mills, manufacturing, and power generation facilities, as well as production support services in the field for oil and gas companies. Many of its industrial services are provided within the oil sands region in Alberta, Canada. The Company also offers for rent or sale a variety of oilfield equipment, including access rentals, well-site units, and production equipment. Other services include industrial health and safety services.
Exploration Services
Exploration Services provide exploration and directional boring services to the energy sector serving oil and gas exploration and production, and power generation. Some of the core services the Company offers include geospatial data imaging, line clearing, heli-portable and track drilling, seismic surveying, and land development. Its directional boring services support oil and gas companies and municipalities by installing pipeline, fiber optic, cable, gas, and water and sewer lines.
Other Services
The Company’s Apollo Onsite Services Program is an on-site solution that allows customers to outsource all or portions of their environmental management program. Select technicians work on a customer's site in tandem with the customer to deliver proper waste transportation and disposal, lab chemical packing, and field services and industrial services where appropriate. Whether a customer requires a single field technician or a multi-person team of diversified experience, it designs a program to satisfy the customer's specific need.
The Company competes with Philip Services Corp., Veolia Environmental Services, Waste Management, Inc. and CEDA International Corporation and Newalta.
More Information for Clean Harbors, Inc. (CLH):
Company Website - http://www.cleanharbors.com
All-in-One Message Board from TheLion - Message Boards
SEC Quarterly Filings - SEC 10-Q
SEC Annual Filings - SEC 10-K
Conference Calls from Thomson Financial - Thomson StreetEvents
Conference Call Transcripts from SeekingAlpha.com - SeekingAlpha.com Transcripts
Insider Trading and Chart from Nasdaq - Insider Purchases and Sales
Reuters Finance Info - Reuters Profile
Yahoo Finance Info - Yahoo Finance
MSN Money Info - MSN Money
Google Finance Info - Google Finance
CBS MarketWatch Info - CBS MarketWatch
Google News Search - Google News
Google Blog Search - Google Blog Search
Motley Fool - Motley Fool Caps
TheStreet.com' Stockpickr - Stockpickr Holdings
Bloomberg - Bloomberg News
Security
Other Environmental