NASDAQ: QRHC (Common Stock)

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May 24, 2018 03:55 PM Minimum 20 minute delay

Press Release Details

Quest Resource Holding Corporation Brings its Used Motor Oil Recycling Program to Shell Lubricant Customers

April 24, 2018

THE COLONY, Texas, April 24, 2018 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (Nasdaq:QRHC) (“Quest”), a national provider of corporate sustainability services, is introducing a used motor oil recycling program at locations across the United States for customers using the Shell portfolio of motor oil products.    

“Quest is delighted to help customers using Shell motor oil products to recycle their waste lubricants,” said Ray Hatch, Chief Executive Officer of Quest.  “Quest is committed to providing the highest level of service and an environmentally sound oil recycling program.”

Quest is working with customers to provide a ready-made solution to see that the Shell portfolio of motor oil products used by customers are safely collected and recycled.

Quest’s waste reduction and disposal solutions cover more than 100 waste streams across North America. Quest’s national footprint allows it to provide disposal and recycling solutions for companies across the United States in a variety of industries, including fleet and automotive after service.  Last year alone, Quest ensured that more than 40 million gallons of used motor oil and approximately 19 million used tires were properly recycled.

About Quest Resource Holding Corporation
Quest is a national provider of reuse, recycling, and disposal services that enable our customers to achieve and satisfy their environmental and sustainability goals and responsibilities.  Quest provides businesses across multiple industry sectors with single source solutions for the reuse, recycling, and disposal of a wide variety of waste streams and recyclables generated by their operations.  Quest’s customers typically are multi-location businesses for which we create, implement, and manage customer-specific programs for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables.  Quest also provides information and data that tracks and reports the environmental results of Quest’s services, provides actionable data to improve business operations, and enables Quest’s customers to achieve and satisfy their environmental and sustainability goals and responsibilities. For more information, visit www.QRHC.com.

About Shell Lubricants
The term ‘Shell Lubricants’ collectively refers to the companies of Royal Dutch Shell plc that are engaged in the lubricants business. Shell Lubricants companies lead the lubricants industry, supplying more than 11 percent of global lubricants volume.* The companies manufacture and blend products for use in consumer, heavy industrial and commercial transport applications. The Shell Lubricants portfolio of top-quality brands includes Pennzoil®, Quaker State®, FormulaShell®, Shell TELLUS®, Shell RIMULA®, Shell ROTELLA® T, Shell SPIRAX® and Jiffy Lube®. http://www.shell.com/
*Kline & Company, “Global Lubricants Industry November 2017: Market Analysis and Assessment.”

Safe Harbor Statement
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  All statements other than statements of historical facts contained in this press release, including statements that Quest’s national footprint allows the company to provide disposal and recycling solutions for companies across the U.S. in a variety of industries, including fleet and automotive after service are forward-looking statements. Specific forward-looking statements in this press release are based on information available to us as of the date hereof and speak only as of such date.  Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. The forward-looking statements contained in or incorporated by reference into this press release reflect our views as of the date of this press release about future events and are subject to risks, uncertainties, assumptions, and changes in circumstances that may cause our actual results, performance, or achievements to differ significantly from those expressed or implied in any forward-looking statement.  Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future events, results, performance, or achievements.  A number of factors could cause actual results to differ materially from those indicated by the forward-looking statements, including competition in the environmental services industry, the impact of the current economic environment, and other factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2017. 

Investor Relations Contact:
Three Part Advisors, LLC
Jeff Elliott: (972) 423-7070, Joe Noyons (817) 778-8424

Media Relations Contact:
Polisi Jones Communications
Catherine Polisi Jones
cjones@polisijones.com (917)330-8934

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Source: Quest Resource Holding Corporation

IR Contact

Three Part Advisors, LLC

Jeff Elliott
972.423.7070

Joe Noyons
817.778.8424