North American Hazardous Waste Firms Weigh in at $3.5 Billion

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North American Hazardous Waste Firms Weigh in at $3.5 Billion

WASHINGTON, DISTRICT OF COLUMBIA, Jan. 3 -/E-Wire/-- The hazardous waste industry comprises firms that operate facilities permitted to treat, store or dispose of hazardous wastes generated by others â wastes that are either regulated as hazardous under federal, state, or provincial law; or that are considered to be hazardous by the generator. According to the Hazardous Waste Industry Review 2004-2005, a new report released by Farkas Berkowitz & Company, the size of the market in the U.S. and Canada was $3.5 billion in 2004, unchanged from 2003. Clean Harbors is the dominant firm in the industry with 2004 revenues of $643 million and a market share of 19 percent. Sixteen firms with revenues of $30-$500 million have a collective market share of 69 percent. Approximately 105 firms, each with revenues less than $30 million constitute the remaining 12 percent of the market.

Recently published, the Hazardous Waste Industry Review 2004-2005 is the only comprehensive report on the industry. It is based on an industry survey conducted annually by Farkas Berkowitz & Company, interviews with fifteen industry participants and market observers, reports to the Securities and Exchange Commission (SEC), and recent news releases. The report includes detailed operational data for 111 hazardous waste facilities operated by 21 firms that account for close to 80 percent of the market, a breakdown of the market by type of service and competition, an analysis of the financial performance of the six remaining publicly traded hazardous waste firms, a summary of recent industry developments, and a discussion of the outlook for the hazardous waste industry.

For information on how to obtain a copy of the full report, please visit our web site at www.farkasberkowitz.com.

Farkas Berkowitz & Company is a management consulting firm assisting clients in the hazardous waste, water and wastewater, and engineering and construction industries with development and implementation of strategies for profitable growth.

Farkas Berkowitz & Company

(202) 466-5445 ext. 6002

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