NASDAQ: QRHC (Common Stock)

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November 19, 2018 03:59 PM Minimum 20 minute delay

Press Release Details

Quest Resource Holding Corporation Enters Into a Comprehensive Contract Servicing 2,300 Auto Care Centers

January 09, 2018

THE COLONY, Texas, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (Nasdaq:QRHC) (“Quest”), a leader in sustainability, recycling, and environmental resource management, announces a multi-year contract to service equipment and recycle a variety of automotive waste streams generated by one of the largest chains of auto care and tire centers across the United States.

The auto care and tire retailer is a current customer of Quest that has taken the step to commit to a long-term business relationship. Quest’s national coverage, safety, operational excellence, and commitment to customer service were all factors contributing to the decision. Quest will continue to be instrumental in helping the customer achieve its long-term environmental vision.

 “The automotive industry is a significant part of our portfolio of customers, and we are excited to continue to assist this customer in navigating the volatility in the used motor oil market. The collaboration reinforces our position as a key player in the automotive waste recycling space,” said Ray Hatch, Quest’s CEO.

Quest helps its customers reduce their environmental footprints by recycling hundreds of materials. Last year alone, Quest ensured that more than 40 million gallons of used motor oil and about 19 million used tires were properly recycled.

For more information on Quest Resource Holding Corporation, visit www.QRHC.com.

About Quest Resource Holding Corporation

Quest provides businesses with a nationwide, single source solution for the reuse, recycling, and disposal of a wide variety of waste streams and recyclables generated by their businesses. Quest's comprehensive reuse, recycling, and disposal services include customer-specific programs for the management, collection, processing, and accounting for waste streams and recyclables. Quest operates environmentally focused online platforms that contain information and data that tracks and reports the environmental results of our services and provides actionable data to improve business operations.

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 will continue to be instrumental in helping the customer achieve its long-term environmental vision, that the automotive industry is a significant part of Quest's portfolio of customers, that Quest is excited to continue to assist this customer in navigating the volatility in the used motor oil market, that the collaboration reinforces Quest’s position as a key player in the automotive waste recycling space, and that Quest helps its customers reduce their environmental footprints by recycling hundreds of materials are forward-looking statements. Specific forward-looking statements in this press release include All forward-looking statements included herein 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, 2016. 

Investor Relations Contact:
Three Part Advisors, LLC
Jeff Elliott, 972.423.7070
Joe Noyons, 817.778.8424

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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