Safety Kleen Essay

As the push for going green continues in American, we know continuous demand will follow for the industry. Which provides the perfect opportunity for Clean Harbors to step in and take control of the growing need.1 With the acquisition of Safety Kleen they are now in a position to do that.6 Safety Kleen only accounted for 146 gallons of used motor oil per year, it also was able to control around 59 percent of all refined oil in North America.7 We can also see that a key to success using Safety Kleen is going to come through NASCAR, who Safety Kleen has been a partner with since 1963 and cleans over 65 racetracks per year for.4 We can now see how this gives Clean Harbor the capability to use Safety Kleen’s influence with NASCAR and the motor oil industry to not only increase profits but to also increase brand recognition and expand market shares.4 We can see that this combination is very unique considering that it is the largest environmental service company in North America.1 Clean Harbor also gains the benefit of expanding even farther by being able to now sell oil and lubricants to automotive garages all across North America.5 As Americans continually grow more worried about the environment the deals that Safety Kleen has with NASCAR such as Kleen Performance Products, being able to offer the Performance Plus brand of high-quality oils and
lubricants to all of NASCAR.4
We can see how significant the purchase of Safety Kleen was to Clean Harbor by seeing the growth Clean Harbor experienced, increasing revenues to 2.2 billion dollars and now accounting for more than 13,000 employees.
It also saw it shares rise from $3.09, or 36 percent, to $11.76.3 Clean Harbor also will get 21 service centers, 6 wastewater-treatment centers, 9 landfills and 4 incinerators all in various locations across North America.6 After looking at all this information we can see that Clean Harbors, has a great chance to achieve its vision if it will use the many strengths and opportunities that Safety Kleen can
provide.8