Clean Harbors Inc at Needham Growth Conference (Virtual) Transcript

Jan 11, 2022 / 07:00PM GMT
James Andrew Ricchiuti - Needham & Company, LLC, Research Division - Senior Analyst

Good afternoon, everyone. Welcome to the 24th Annual Needham Growth Conference. My name is Jim Ricchiuti, Senior Equity Research Analyst at Needham & Company. Our next session is going to be a fireside chat with Clean Harbors, one of North America's leading providers in environmental and industrial services. We have with us today Mike Battles, CFO; and I also have Jim Buckley, Clean Harbors' Director of Investor Relations.

The company has gone through a few quiet years on the M&A front. But last summer, things picked up a little bit. There are two notable announcements, the acquisition most recently of HydroChemPSC, provider of industrial cleaning and specialty maintenance and utility services. That deal was done, I guess, early October. The second acquisition currently pending regulatory approvals, the acquisition of the used motor oil collection, recycling, and assets of Vertex Energy.

So welcome, guys. Mike, let's -- why don't we start first with HydroChem. For those who may not be familiar

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