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Clean Harbors, Inc.$56.97$.641.14%

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 Clean Harbors Announces First-Quarter 2017 Financial Results
   Wednesday, May 03, 2017 7:30:04 AM ET

--Announces GAAP Net Loss of $21.4 Million, or $0.37 per Share

--Posts Adjusted Net Loss of $10.9 Million, or $0.19 per Share

--Achieves Adjusted EBITDA of $80.1 Million, Up 19% Year-over-Year

--Confirms 2017 Adjusted EBITDA Guidance Range

Clean Harbors, Inc. ("Clean Harbors") (CLH ), the leading provider of environmental, energy and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2017.

"We delivered strong top-line growth and Adjusted EBITDA in the first quarter, in line with our expectations, and we are on track to achieve our guidance for the full year," said Alan S. McKim, Chairman, President and Chief Executive Officer. "Our results reflect the operating leverage in our business model. Adjusted EBITDA grew at more than twice the rate of revenues, driven by higher waste volumes, cost reductions and improved pricing, particularly in our lube oil business."

Revenues for the first quarter of 2017 increased 8% to $688.9 million, compared with $636.1 million in the same period a year ago. Income from operations was $5.4 million in the first quarter of 2017, compared with a loss from operations of $4.1 million in the same period in 2016.

First-quarter 2017 net loss was $21.4 million, or $0.37 per share, which included the effects of not recognizing income tax benefits associated with pre-tax losses generated by certain of the Company’s Canadian subsidiaries totaling $10.5 million. The Company reported an adjusted net loss for the first quarter of 2017 of $10.9 million, or $0.19 per share. Net loss for the first quarter of 2016 was $20.9 million, or $0.36 per share, which included the non-cash effects of not recognizing certain Canadian income tax benefits totaling $7.9 million. The Company reported an adjusted net loss for the first quarter of 2016 of $13.0 million, or $0.22 per share. Net loss and adjusted net loss results for the first quarters of 2017 and 2016 included pre-tax integration and severance costs of $2.4 million and $9.4 million, respectively.

Adjusted EBITDA (see description below) in the first quarter of 2017 rose 19% to $80.1 million from $67.3 million in the same period of 2016. Adjusted EBITDA margin improved by 100 basis points to 11.6% from 10.6% in the first quarter of 2016.

"Our Safety-Kleen segment generated a 19% gain in revenues and a 31% increase in Adjusted EBITDA in the first quarter," McKim said. "These results reflected strong growth in our Safety-Kleen branches, higher base oil and lubricant pricing, the acquisitions made in 2016 and the launch of our OilPlus(TM) closed loop offering. Technical Services revenues also rose as we benefited from the opening of our new incinerator in El Dorado, Arkansas. With the new capacity we brought online, incinerator utilization was 79% in the quarter but would have been just over 90% without the new capacity, compared to 87% a year ago. First-quarter landfill volumes declined 25% as the project environment remained slow to rebound. In Industrial and Field Services, double-digit growth in Field Services was offset by lower revenue in Industrial Services, reflecting the sale of our Catalyst Services business and ongoing softness in Western Canada. Oil, Gas and Lodging Services remained under pressure but the rate of decline slowed as the North American energy market showed pockets of strength.

Business Outlook and Financial Guidance

"As we move into our seasonally stronger periods of the year, we expect momentum to accelerate across several key markets, particularly those related to our Technical Services and Safety-Kleen segments," McKim said. "After a sluggish first quarter, both U.S. Industrial Production and GDP are expected to pick up as the year advances, which should drive additional waste volumes into our network. This conclusion is supported by a noticeable uptick in customer activity and sales opportunities. With crude oil prices having stabilized in recent months, customers in multiple industries have been more confident in their spending decisions. In addition, the energy market itself has strengthened, with increases in rig counts and overall activity. Base oil and lubricant prices have risen steadily - a positive development as we move toward the summer driving season.

"With our new El Dorado incinerator now successfully launched and fully operational, we are ready to capitalize on an improving economic outlook and opportunities for increased waste volumes, particularly as the Chemical sector begins to rebound from its slowdown this past year. Within Safety-Kleen, we are confident that our closed-loop offering will grow incrementally throughout 2017, as we broaden the bulk lubricants delivery of our Performance Plus brands to additional metropolitan areas. Our Safety-Kleen branches continue to expand, aided by the acquisitions we made in 2016. Finally, our focus on profitable growth and margin expansion in 2017 will be supported by our comprehensive and ongoing cost-reduction efforts," McKim concluded.

Based on its first-quarter financial performance and current market conditions, Clean Harbors continues to expect full-year 2017 Adjusted EBITDA in the range of $435 million to $475 million. A reconciliation of the Company’s annual Adjusted EBITDA guidance to net income guidance is included below. On a GAAP basis, the Company’s guidance is based on 2017 net income in the range of $4 million to $35 million. Adjusted net income for 2017, which includes the recognition of the non-cash tax benefits in Canada and valuation allowances, is in the range of $24 million to $48 million. A reconciliation of the Company’s Adjusted EBITDA guidance and adjusted net income to net income guidance is included below.

Non-GAAP Results

Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net loss or other measurements under generally accepted accounting principles (GAAP), but viewed only as a supplement to those measurements. The Company believes that Adjusted EBITDA provides additional useful information to investors since the Company’s loan covenants are based upon levels of Adjusted EBITDA achieved and the fact that management routinely evaluates the performance of its businesses based upon levels of Adjusted EBITDA. The Company defines Adjusted EBITDA consistently and in accordance with its existing credit agreement, as described in the following reconciliation showing the differences between reported net loss and Adjusted EBITDA for the three months ended March 31, 2017 and 2016 (in thousands):

                                            
                                                                                                                     For the Three Months Ended:
                                                                                                      ---------------------------------------------------------
                                                                                                      March 31, 2017      March 31, 2016
                                                                                                      --------------                      --------------------
                                                                                                                                           
Net loss                                                                                                   ($21,393)                                 ($20,871)
Accretion of environmental liabilities                                                                         2,290                                     2,505
Depreciation and amortization                                                                                 72,412                                    68,902
Other expense                                                                                                  1,549                                       350
Interest expense, net                                                                                         22,576                                    18,980
Provision (benefit) for income taxes                                                                           2,701                                   (2,546)
                                                                                                      --------------                      --------------------
Adjusted EBITDA                                                                                              $80,135                                   $67,320
                                                                                                      ==============                      ====================
                                                                                                                                           

This press release includes a discussion of net loss and loss per share adjusted for the non-cash impact of unbenefited tax losses in Canada as identified in the reconciliations provided below. The Company believes that discussion of these additional non-GAAP measures provides investors with meaningful comparisons of current results to prior periods’ results by excluding items that the Company does not believe reflect its fundamental business performance. The following shows the difference between net loss to adjusted net loss, and loss per share to adjusted loss per share for the three months ended March 31, 2017 and 2016 (in thousands, except per share amounts):

                                      
                                                                                                                                    For the Three Months Ended:
                                                                                                ---------------------------------------------------------------------------------------------------
                                                                                                March 31, 2017          March 31, 2016
                                                                                                --------------                                                                --------------------
Adjusted net loss
Net loss                                                                                             ($21,393)                                                                           ($20,871)
Tax-related valuation allowances                                                                        10,451                                                                               7,918
                                                                                                --------------                                                                --------------------
Adjusted net loss                                                                                    ($10,942)                                                                           ($12,953)
                                                                                                ==============                                                                ====================
Adjusted loss per share
Loss per share                                                                                         ($0.37)                                                                             ($0.36)
Tax-related valuation allowances                                                                          0.18                                                                                0.14
                                                                                                --------------                                                                --------------------
Adjusted loss per share                                                                                ($0.19)                                                                             ($0.22)
                                                                                                ==============                                                                ====================
                                                                                                                                                                               

Adjusted EBITDA Guidance Reconciliation

An itemized reconciliation between projected net income and projected Adjusted EBITDA is as follows:

                                                                                    For the Year Ending
                                                                                                                           December 31, 2017
                                                                                   ------------------------------------------------------------------------------------------
                                                                                                                                Amount
                                                                                   -------------------------------------------------------------------------------------------------
                                                                                                                             (In millions)
Projected GAAP net income                                                            $4     to      $35
Adjustments:
  Accretion of environmental liabilities                                             11                                           to                                             10
  Depreciation and amortization                                                     290                                           to                                            280
  Interest expense, net                                                              91                                           to                                             91
  Provision for income taxes                                                         39     to       59
                                                                                   ---- -------------------- -------------------- -- -------------------- -------------------- ----
Projected Adjusted EBITDA                                                          $435     to     $475
                                                                                   ==== ==================== ==================== == ==================== ==================== ====

An itemized reconciliation between projected net income and projected adjusted net income is as follows:

                                                                             For the Year Ending
                                                                                                                                       December 31, 2017
                                                                                                ----------------------------------------------------------------------------------------
                                                                                                                                            Amount
                                                                                                -----------------------------------------------------------------------------------------------
                                                                                                                                         (In millions)
Projected GAAP net income                                                                        $4     to     $35
Tax-related valuation allowances                                                                 20     to      13
                                                                                                --- -------------------- -------------------- -- -------------------- -------------------- ---
Projected adjusted net income                                                                   $24     to     $48
                                                                                                === ==================== ==================== == ==================== ==================== ===

Conference Call Information

Clean Harbors will conduct a conference call for investors today at 9:00 a.m. (ET) to discuss the information contained in this press release. On the call, management will discuss Clean Harbors’ financial results, business outlook and growth strategy. Investors who wish to listen to the webcast and view the accompanying slides should visit the Investor Relations section of the Company’s website at www.cleanharbors.com. The live call also can be accessed by dialing 201.689.8881 or 877.709.8155 prior to the start of the call. If you are unable to listen to the live call, the webcast will be archived on the Company’s website.

About Clean Harbors

Clean Harbors (CLH ) is North America’s leading provider of environmental, energy and industrial services. The Company serves a diverse customer base, including a majority of the Fortune 500, across the chemical, energy, manufacturing and additional markets, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates throughout the United States, Canada, Mexico and Puerto Rico. For more information, visit www.cleanharbors.com.

Safe Harbor Statement

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans to," "estimates," "projects," or similar expressions. Such statements may include, but are not limited to, statements about future financial and operating results, and other statements that are not historical facts. Such statements are based upon the beliefs and expectations of Clean Harbors’ management as of this date only and are subject to certain risks and uncertainties that could cause actual results to differ materially including, without limitation, those items identified as "risk factors" in Clean Harbors’ most recently filed Form 10-K and Form 10-Q. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. Clean Harbors undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements other than through its filings with the Securities and Exchange Commission, which may be viewed in the "Investors" section of Clean Harbors’ website at www.cleanharbors.com.

                                                                   
                                                                                              CLEAN HARBORS, INC. AND SUBSIDIARIES
                                                                                         UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
                                                                                             (in thousands except per share amounts)
                                                                                                                              
                                                                                                                                                                 For the Three Months Ended:
                                                                                                           March 31, 2017          March 31, 2016
                                                                                                        --------------------                                                                --------------
                                                                                                                                                                                                            
 Revenues                                                                                                                                $688,941                                                                      $636,083
 Cost of revenues (exclusive of items shown separately below)                                                                             496,585                                                                       464,279
 Selling, general and administrative expenses                                                                                             112,221                                                                       104,484
 Accretion of environmental liabilities                                                                                                     2,290                                                                         2,505
 Depreciation and amortization                                                                                                             72,412                                                                        68,902
                                                                                                                             --------------------                                                          --------------------
 Income (loss) from operations                                                                                                              5,433                                                                       (4,087)
 Other expense                                                                                                                            (1,549)                                                                         (350)
 Interest expense, net                                                                                                                   (22,576)                                                                      (18,980)
                                                                                                                             --------------------                                                          --------------------
 Loss before provision (benefit) for income taxes                                                                                        (18,692)                                                                      (23,417)
 Provision (benefit) for income taxes                                                                                                       2,701                                                                       (2,546)
                                                                                                                             --------------------                                                          --------------------
 Net loss                                                                                                                               ($21,393)                                                                     ($20,871)
                                                                                                                             ====================                                                          ====================
 Loss per share:
        Basic                                                                                                                             ($0.37)                                                                       ($0.36)
                                                                                                                             ====================                                                          ====================
        Diluted                                                                                                                           ($0.37)                                                                       ($0.36)
                                                                                                                             ====================                                                          ====================
                                                                                                                                                                                                            
 Shares used to compute loss per share -- Basic                                                                                57,262                                                                        57,617
                                                                                                                             ====================                                                          ====================
 Shares used to compute loss per share -- Diluted                                                                              57,262                                                                        57,617
                                                                                                                             ====================                                                          ====================
                                                                                                                                                                                                            
                                                                                                         
                                                                                                      CLEAN HARBORS, INC. AND SUBSIDIARIES
                                                                                                 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
                                                                                                                 (in thousands)
                                                                                                                                                                                                                             
                                                                                                                                              March 31, 2017                                                                  December 31, 2016
                                                                                                                                              --------------                                                                --------------------
 Current assets:
      Cash and cash equivalents                                                                                                                     $297,366                                                                            $306,997
      Accounts receivable, net                                                                                                                       480,044                                                                             496,226
      Unbilled accounts receivable                                                                                                                    28,106                                                                              36,190
      Deferred costs                                                                                                                                  19,037                                                                              18,914
      Inventories and supplies                                                                                                                       182,038                                                                             178,428
      Prepaid expenses and other current assets                                                                                                       55,180                                                                              56,116
                                                                                                                                              --------------                                                                --------------------
         Total current assets                                                                                                                      1,061,771                                                                           1,092,871
                                                                                                                                              --------------                                                                --------------------
 Property, plant and equipment, net                                                                                                                1,609,490                                                                           1,611,827
                                                                                                                                              --------------                                                                --------------------
 Other assets:
      Goodwill                                                                                                                                       469,860                                                                             465,154
      Permits and other intangibles, net                                                                                                             490,952                                                                             498,721
      Other                                                                                                                                           13,580                                                                              13,347
                                                                                                                                              --------------                                                                --------------------
         Total other assets                                                                                                                          974,392                                                                             977,222
                                                                                                                                              --------------                                                                --------------------
         Total assets                                                                                                                             $3,645,653                                                                          $3,681,920
                                                                                                                                              ==============                                                                ====================
 Current liabilities:
      Accounts payable                                                                                                                               218,676                                                                             229,534
      Deferred revenue                                                                                                                                64,379                                                                              64,397
      Accrued expenses                                                                                                                               183,957                                                                             190,721
      Current portion of closure, post-closure and remedial liabilities                                                                               21,569                                                                              20,016
                                                                                                                                              --------------                                                                --------------------
         Total current liabilities                                                                                                                   488,581                                                                             504,668
 Other liabilities:
      Closure and post-closure liabilities, less current portion                                                                                      54,332                                                                              52,111
      Remedial liabilities, less current portion                                                                                                     111,057                                                                             114,211
      Long-term obligations                                                                                                                        1,633,968                                                                           1,633,272
      Deferred taxes, unrecognized tax benefits and other long-term                                                                                  294,085                                                                             293,417
      liabilities
                                                                                                                                              --------------                                                                --------------------
         Total other liabilities                                                                                                                   2,093,442                                                                           2,093,011
                                                                                                                                              --------------                                                                --------------------
         Total stockholders’ equity, net                                                                                1,063,630                                                                           1,084,241
                                                                                                                                              --------------                                                                --------------------
         Total liabilities and stockholders’ equity                                                                    $3,645,653                                                                          $3,681,920
                                                                                                                                              ==============                                                                ====================
                                                                                                                                                                                                                             
                                                                           
                                                                                                                                   CLEAN HARBORS, INC. AND SUBSIDIARIES
                                                                                                                              UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                                                                                                              (in thousands)
                                                                                                                                      
                                                                                                                                                                                                           For the Three Months Ended:
                                                                                                                                     ----------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                       March 31, 2017                                            March 31, 2016
                                                                                                                                     ---------------------------------------------------                                                               ----------------------------------------------------
 Cash flows from operating activities:
   Net loss                                                                                                                            ($21,393 )                                                                                     ($20,871)
 Adjustments to reconcile net loss to net cash from operating
 activities:
   Depreciation and amortization                                                                                                                            72,412                                                                                                             68,902
   Allowance for doubtful accounts                                                                                                                           1,935                                                                                                              1,072
   Amortization of deferred financing costs and debt discount                                                                                                  829                                                                                                                872
   Accretion of environmental liabilities                                                                                                                    2,290                                                                                                              2,505
   Changes in environmental liability estimates                                                                                                                102                                                                                                               (95)
   Deferred income taxes                                                                                                                                       196                                                                                                                  7
   Stock-based compensation                                                                                                                                  2,271                                                                                                              2,093
   Net tax deficiency on stock based awards                                                                                                         --                                                                                                              (345)
   Other expense                                                                                                                                             1,549                                                                                                                350
   Environmental expenditures                                                                                                                               (2,938 )                                                                                                          (3,518)
   Changes in assets and liabilities, net of acquisitions
     Accounts receivable and unbilled accounts receivable                                                                                                   24,301                                                                                                             35,839
     Inventories and supplies                                                                                                                               (2,676 )                                                                                                          (2,882)
     Other current assets                                                                                                                                   (1,277 )                                                                                                            1,838
     Accounts payable                                                                                                                                      (13,609 )                                                                                                         (36,195)
     Other current and long-term liabilities                                                                                                                (6,873 )                                                                                                         (10,283)  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
       Net cash from operating activities                                                                                                                   57,119                                                                                          39,289  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
 Cash flows used in investing activities:
   Additions to property, plant and equipment                                                                                                              (42,462 )                                                                                                         (75,781)  
   Proceeds from sales of fixed assets                                                                                                                       1,030                                                                                                              1,273
   Acquisitions, net of cash acquired                                                                                                                      (11,946 )                                                                                                         (34,993)
   Proceeds on sale of business                                                                                                                              2,018                                                                                                     --
   Additions to intangible assets, including costs to obtain or renew                                                                                         (751 )                                                                                                            (512)
   permits
   Proceeds from sale of investments                                                                                                                           243                                                                                  --  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
     Net cash used in investing activities                                                                                                                 (51,868 )                                                                                                         (110,013 )
                                                                                                                                     ----------------------------  --------------------                                                                -----------------------------  --------------------
 Cash flows (used in) from financing activities:
   Change in uncashed checks                                                                                                                                (7,557 )                                                                                                          (5,218)
   Proceeds from exercise of stock options                                                                                                                      46                                                                                                     --
   Issuance of restricted shares, net of shares remitted                                                                                                    (1,021 )                                                                                                          (1,425)
   Repurchases of common stock                                                                                                                              (6,796 )                                                                                                          (4,998)
   Deferred financing costs paid                                                                                                                              (108 )                                                                                                          (2,190)
   Issuance of senior secured notes, including premium                                                                                              --                                                                                         250,625  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
     Net cash (used in) from financing activities                                                                                                          (15,436 )                                                                                                          236,794  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
 Effect of exchange rate change on cash                                                                                                                        554                                                                                           4,567  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
 (Decrease) increase in cash and cash equivalents                                                                                                           (9,631 )                                                                                                          170,637
 Cash and cash equivalents, beginning of period                                                                                                            306,997                                                                                         184,708  
                                                                                                                                     --------------------------------------------------                                                                ---------------------------------------------------
 Cash and cash equivalents, end of period                                                                                              $297,366                                                                     $355,345  
                                                                                                                                     ==================== ======== ====================                                                                ==================== ========= ====================
 Supplemental information:
 Cash payments for interest and income taxes:
   Interest paid                                                                                                                                           $21,717                                                                                                            $21,808
   Income taxes paid                                                                                                                                         5,519                                                                                                              5,848
 Non-cash investing and financing activities:
   Property, plant and equipment accrued                                                                                                                    19,270                                                                                                             14,947
   Receivable for estimated purchase price adjustment                                                                                                        1,972                                                                                                                250
                                                                                                                                                                                                                                                                                       
Supplemental Segment Data (in thousands)
                                                                                                                                                                                                                                           For the Three Months Ended:
                                                                                              ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 Revenue                                                                                                                                                                March 31, 2017                                                                                                                                                                   March 31, 2016
                                                                                              -------------------------------------------------------------------------------------------------------------------------------------------------------------------                                                                                    -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                               Third Party        Intersegment         Direct                                                                                       Third Party        Intersegment               Direct
                                                                                                Revenues                                                                     Revenues                                                                   Revenues                                                                                       Revenues                                                                     Revenues                                                                         Revenues
                                                                                                                                                                          (Expense), net                                                                                                                                                                                                                                         (Expense), net
                                                                                              ----------- -------------------- -------------------- -------------------- --------------- -------------------- -------------------- -------------------- --------                                                                                     ----------- -------------------- -------------------- -------------------- --------------- -------------------- -------------------- -------------------- --------------------
 Technical Services                                                                              $230,218               $40,766       $270,984                                                                                        $219,105               $35,232                   $254,337
 Industrial and Field Services                                                                    133,557                                                                        (8,255)                                                                 125,302                                                                                         130,187                                                                        (6,688)                                                                             123,499
 Safety-Kleen                                                                                     292,901                                                                       (32,066)                                                                 260,835                                                                                         246,961                                                                       (28,155)                                                                             218,806
 Oil, Gas and Lodging Services                                                                     32,132                                                                            478                                                                  32,610                                                                                          39,051                                                                            456                                                                              39,507
 Corporate Items                                                                                      133                 (923)          (790)                                                                                             779                 (845)                       (66)
                                                                                              ----------- -------------------- -------------------- -------------------- --------------- -------------------- -------------------- -------------------- --------                                                                                     ----------- -------------------- -------------------- -------------------- --------------- -------------------- -------------------- -------------------- --------------------
 Total                                                                                           $688,941       $--       $688,941                                                                                        $636,083       $--                   $636,083
                                                                                              =========== ==================== ==================== ==================== =============== ==================== ==================== ==================== ========                                                                                     =========== ==================== ==================== ==================== =============== ==================== ==================== ==================== ====================
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                         For the Three Months Ended:
                                                                                              ---------------------------------------------------------------------------------------------------
 Adjusted EBITDA                                                                              March 31, 2017       March 31, 2016
                                                                                              --------------                                                                --------------------
                                                                                                                                                                             
 Technical Services                                                                                  $58,488                                                                             $60,398
 Industrial and Field Services                                                                         1,913                                                                                 433
 Safety-Kleen                                                                                         52,368                                                                              40,055
 Oil, Gas and Lodging Services                                                                         (211)                                                                               1,310
 Corporate Items                                                                                    (32,423)                                                                            (34,876)
                                                                                              --------------                                                                --------------------
 Total                                                                                               $80,135                                                                             $67,320
                                                                                              ==============                                                                ====================

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20170503005703r1&sid=cmtx6&distro=nx&lang=en

View source version on businesswire.com: http://www.businesswire.com/news/home/20170503005703/en/

SOURCE: Clean Harbors

Clean Harbors, Inc. 
Investors: 
Jim Buckley, 781-792-5100 
SVP Investor Relations 
Buckley.James@cleanharbors.com 
or 
Media: 
Eric Kraus, 781-792-5100 
EVP Corporate Communications & Public Affairs 
Kraus.Eric@cleanharbors.com


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