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Heritage Crystal Clean Inc's Business Segments
Heritage Crystal Clean Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2023
Reportable Segments
3
Largest Segment
Environmental Services
Total Revenue
$ 192
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2023
- Environmental Services49.9%
- Oil Business25.6%
- Industrial and Field Services24.5%
Revenue by Reportable Segment - Q2 FY2023
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Environmental Services | $ 96 | 49.9% |
| Oil Business | $ 49 | 25.6% |
| Industrial and Field Services | $ 47 | 24.5% |
Revenue by Product & Service Category - Q2 FY2023
- Parts Cleaning, Containerized Waste and Related Products/Services30.1%
- Service24.2%
- Product24.1%
- Re-refinery Product Sales21.8%
- Industrial Field Services20.1%
- Vacuum Services and Wastewater Treatment11%
- Antifreeze Business4.4%
- Oil Collection Services and RFO3.1%
- Oil Filter Business0.7%
- Environmental Services - Other0.2%
Revenue by Product & Service Category - Q2 FY2023
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Parts Cleaning, Containerized Waste and Related Products/Services | $ 58 | 30.1% |
| Service | $ 46 | 24.2% |
| Product | $ 46 | 24.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
7 more categories available
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Description of Heritage Crystal Clean Inc
Heritage Crystal Clean Inc (HCCI) is a publicly-traded environmental services company that provides innovative and cost-effective solutions for the disposal and recycling of hazardous and non-hazardous waste. The company is headquartered in Elgin, Illinois, and was founded in 200
HCCI's primary focus is on collecting, recycling, and disposing of used oil and related materials. The company also provides a range of other environmental services, including vacuum services, tank cleaning, parts cleaning, and emergency spill response.
HCCI operates in the United States and Canada, with over 100 locations in 41 states and two provinces. The company employs approximately 1,340 people and serves over 100,000 customer locations.
HCCI's key markets include automotive dealerships, quick lube facilities, industrial manufacturing facilities, and municipalities. The company partners with these organizations to develop customized environmental solutions that fit their unique needs and regulatory requirements.
As a leader in the environmental services industry, HCCI is committed to sustainable practices and reducing its carbon footprint. The company's core business of recycling used oil reduces reliance on fossil fuels, and its vacuum services help prevent spills and contamination of waterways and other environmental resources.
In addition, HCCI is committed to employee safety and has implemented strict safety protocols and training programs for its employees. The company also maintains compliance with all relevant federal, state, and local regulations relating to its operations.
Overall, Heritage Crystal Clean Inc is a leading provider of sustainable and cost-effective environmental services, dedicated to customer satisfaction, employee safety, and environmental stewardship.
HCCI's primary focus is on collecting, recycling, and disposing of used oil and related materials. The company also provides a range of other environmental services, including vacuum services, tank cleaning, parts cleaning, and emergency spill response.
HCCI operates in the United States and Canada, with over 100 locations in 41 states and two provinces. The company employs approximately 1,340 people and serves over 100,000 customer locations.
HCCI's key markets include automotive dealerships, quick lube facilities, industrial manufacturing facilities, and municipalities. The company partners with these organizations to develop customized environmental solutions that fit their unique needs and regulatory requirements.
As a leader in the environmental services industry, HCCI is committed to sustainable practices and reducing its carbon footprint. The company's core business of recycling used oil reduces reliance on fossil fuels, and its vacuum services help prevent spills and contamination of waterways and other environmental resources.
In addition, HCCI is committed to employee safety and has implemented strict safety protocols and training programs for its employees. The company also maintains compliance with all relevant federal, state, and local regulations relating to its operations.
Overall, Heritage Crystal Clean Inc is a leading provider of sustainable and cost-effective environmental services, dedicated to customer satisfaction, employee safety, and environmental stewardship.
Heritage Crystal Clean Inc. (HCCI) is a prominent provider of comprehensive environmental services tailored to businesses in sectors such as automotive, manufacturing, and food processing. The company is organized into two main segments: Environmental Services and Oil Business. Each segment encompasses a wide array of products, services, and solutions designed to meet the specific needs of their clientele while ensuring compliance with environmental regulations.
Environmental Services
The Environmental Services segment focuses primarily on the collection, transportation, treatment, and disposal of hazardous and non-hazardous waste. Key offerings in this segment include:
1. Parts Cleaning Services
- HCCI provides advanced parts washing equipment suited for various industrial applications, ensuring that parts are cleaned efficiently and effectively.
- The company offers a range of proprietary parts cleaning solutions that are designed to meet the cleanliness required in diverse environments, such as automotive repair, manufacturing, and food service.
- Regular cartridge and filter replacement services are also included, enabling customers to maintain optimum cleaning processes without the burden of managing these logistics.
2. On-Site Services
- HCCI enhances its customer experience by providing tailor-made waste management solutions directly at customer facilities. This on-the-ground approach allows for greater flexibility and responsiveness.
- Services include vacuuming operations for used oils, fluids, and waste absorbent materials, ensuring that customers can manage their waste effectively and safely.
3. Vacuum Services
- Specialized vacuum services are part of HCCIs extensive offering, focusing on the safe collection and transportation of used oils, coolants, and fluids.
- The process involves both mobile and portable units designed for efficiency, allowing HCCI to handle large volumes of liquid waste while minimizing spillage and environmental impact.
4. Waste Collection, Transportation, and Disposal
- HCCI operates a reliable network for the collection, transportation, and disposal of both hazardous and non-hazardous waste.
- The use of proprietary automated and semi-automated collection systems enhances efficiency and ensures compliance with applicable waste management regulations, all while protecting the environment.
Oil Business
The Oil Business segment of Heritage Crystal Clean Inc. emphasizes sustainability through the recycling and re-refining of used oil. This segment includes several specialized services:
1. Collection and Transportation of Used Oil
- HCCI is equipped to collect used oil from various customer sites, ensuring safe and compliant transportation to processing facilities.
- The company operates an extensive fleet dedicated to facilitating these logistics across North America.
2. Oil Re-Refining
- At the core of HCCIs Oil Business is its advanced proprietary refining technology, which converts collected used oil into high-viscosity lubricants.
- This re-refining process meets stringent industry standards, ensuring that the end products are of high quality and suitable for various applications.
3. Sale of Re-Refined Lubricants
- HCCI markets a range of re-refined lubricants under the HCC brand, which includes vehicle engine oils, transmission fluids, and hydraulic fluids.
- These re-refined products not only help reduce reliance on virgin oils but also cater to the growing demand for environmentally friendly alternatives in automotive and industrial applications.
Conclusion
In summary, Heritage Crystal Clean Inc. provides a diverse suite of services tailored to meet the regulatory and operational needs of businesses in various sectors. With its Environmental Services segment focusing on effective waste management solutions and the Oil Business segment dedicated to sustainable practices in oil recycling and re-refining, HCCI plays a crucial role in promoting environmental responsibility while delivering high-quality products and efficient services.
Environmental Services
The Environmental Services segment focuses primarily on the collection, transportation, treatment, and disposal of hazardous and non-hazardous waste. Key offerings in this segment include:
1. Parts Cleaning Services
- HCCI provides advanced parts washing equipment suited for various industrial applications, ensuring that parts are cleaned efficiently and effectively.
- The company offers a range of proprietary parts cleaning solutions that are designed to meet the cleanliness required in diverse environments, such as automotive repair, manufacturing, and food service.
- Regular cartridge and filter replacement services are also included, enabling customers to maintain optimum cleaning processes without the burden of managing these logistics.
2. On-Site Services
- HCCI enhances its customer experience by providing tailor-made waste management solutions directly at customer facilities. This on-the-ground approach allows for greater flexibility and responsiveness.
- Services include vacuuming operations for used oils, fluids, and waste absorbent materials, ensuring that customers can manage their waste effectively and safely.
3. Vacuum Services
- Specialized vacuum services are part of HCCIs extensive offering, focusing on the safe collection and transportation of used oils, coolants, and fluids.
- The process involves both mobile and portable units designed for efficiency, allowing HCCI to handle large volumes of liquid waste while minimizing spillage and environmental impact.
4. Waste Collection, Transportation, and Disposal
- HCCI operates a reliable network for the collection, transportation, and disposal of both hazardous and non-hazardous waste.
- The use of proprietary automated and semi-automated collection systems enhances efficiency and ensures compliance with applicable waste management regulations, all while protecting the environment.
Oil Business
The Oil Business segment of Heritage Crystal Clean Inc. emphasizes sustainability through the recycling and re-refining of used oil. This segment includes several specialized services:
1. Collection and Transportation of Used Oil
- HCCI is equipped to collect used oil from various customer sites, ensuring safe and compliant transportation to processing facilities.
- The company operates an extensive fleet dedicated to facilitating these logistics across North America.
2. Oil Re-Refining
- At the core of HCCIs Oil Business is its advanced proprietary refining technology, which converts collected used oil into high-viscosity lubricants.
- This re-refining process meets stringent industry standards, ensuring that the end products are of high quality and suitable for various applications.
3. Sale of Re-Refined Lubricants
- HCCI markets a range of re-refined lubricants under the HCC brand, which includes vehicle engine oils, transmission fluids, and hydraulic fluids.
- These re-refined products not only help reduce reliance on virgin oils but also cater to the growing demand for environmentally friendly alternatives in automotive and industrial applications.
Conclusion
In summary, Heritage Crystal Clean Inc. provides a diverse suite of services tailored to meet the regulatory and operational needs of businesses in various sectors. With its Environmental Services segment focusing on effective waste management solutions and the Oil Business segment dedicated to sustainable practices in oil recycling and re-refining, HCCI plays a crucial role in promoting environmental responsibility while delivering high-quality products and efficient services.