Clean Harbors announced on Monday that its Safety-Kleen subsidiary and all of its waste oil collection businesses will raise prices related to collection of used engine and industrial oils, citing impacts from the IMO 2020 regulations went into full effect March 1.
Effective immediately, Safety-Kleen is increasing the cost of its charge-for-oil program across its used oil collection network, as well as increasing its service stop-fee for its stop-fee program. The stop-fee program is a fixed fee charged for visits to collect smaller amounts of used oil in lieu or in addition to its normal per-volume rate. The charge-for-oil increases will range up to 70 cents per gallon, the company said, depending on certain market factors and will apply to all gallons collected.
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