xiaoliangge | stock.adobe.com
Safety-Kleen, a subsidiary of Norwell, Massachusetts-based Clean Harbors, has updated pricing and rates for the collection and management of used engine and industrial oils to align with evolving market conditions.
The adjustments will take effect Oct. 1, applying to customers in the U.S. and Canada. The company says the changes reflect its commitment to maintaining the service quality of its re-refinery business.
Safety-Kleen Sustainability Solutions (SKSS) President Brian Weber says the company’s re-refined products play a critical role in reducing environmental impact by converting waste oils into resources and sustainable products. He says the ongoing declines in market prices for base oil, vacuum gas oil and recycled fuel oil continue to reduce the current value of these recovered materials.
“We gather approximately one out of every five gallons of waste oil in North America,” Weber says. “Our waste oil collection services are a cornerstone of the circular economy, and these changes will help us sustain that mission while adapting to evolving market conditions.”
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