Clean Harbors recently revealed that its SKS division delivered outstanding performance, mainly driven by two key factors: the company's ongoing commitment to its waste oil management services strategy and the unexpected spike in base oil prices at the end of the quarter.
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The department has transformed the waste oil recycling business into a high value-added industrial chain through an innovative fee-based service model. Especially in the closing phase of this fiscal quarter, the sudden shift in the supply and demand pattern of the base oil market led to a steep rise in price curves, injecting strong growth momentum into the business segment. Industry observers point out that this dual-driver model of "technology + cycle" highlights the unique value positioning of environmental service enterprises in the process of energy transition. The company's precise positioning at key points in the industrial chain enables it to flexibly seize business opportunities arising from commodity price fluctuations.
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