Safety-Kleen Sells Chicago and Hebron Plants

    PLANO, Texas, March 24 /CNW/ -- Safety-Kleen Systems, Inc., a leading
North American provider of environmental services and industrial solutions,
announced the sale of its solvent recycling facilities in Chicago, IL, and
Hebron, OH, to Clean Harbors for $12.5 million in cash, as well as the
assumption of approximately $3 million in environmental liabilities.
    "Although our strategic plan is to pursue acquisitions to accelerate our
growth, realize operating synergies and enhance our market position, selling
off non-core or underutilized assets will also help us realize operating
synergies," said Frederick J. Florjancic, CEO and president of Safety-Kleen.
"We are confident that our acquisition and divestiture activities better
position us for both the near and long-term outlook."
    Florjancic also said that Safety-Kleen will continue to grow its oil
services, industrial cleaning and environmental services, both organically and
by acquisitions.
    About Safety-Kleen
    Safety-Kleen, a privately held company, is the largest collector and
re-refiner of used oil and provider of parts cleaning services in North
America, and a leading provider of other environmental services. The company's
approximately 4,500 employees serve more than 400,000 customer locations in
the United States, Canada, Mexico and Puerto Rico. Please visit for more information.

For further information:

For further information: John Kyte, +1-972-265-2030, for Safety-Kleen 
Systems, Inc. Web Site:

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