Waste Management Services
Brief Excerpt from Industry Overview Chapter:
Companies in this industry collect, treat, and dispose of garbage and other waste materials; and recover reusable materials through recycling. Additionally, companies provide remediation services for decontaminating buildings, mine sites, soil, or groundwater. Major companies include Advanced Disposal Services, Republic Services, and Waste Management (all based in the US); as well as SUEZ and Veolia (both based in France), and Waste Connections (Canada).
Demand depends on the volume of waste generated, which depends on economic conditions and consumer spending. The profitability of individual companies depends on efficient operations, because the service is a commodity sold based on price. Big companies enjoy economies of scale in purchasing equipment and establishing networks of facilities. Small companies can compete successfully by offering specialized services or serving local markets. The US industry is concentrated: the 50 largest companies account for about half of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Collection services (residential and non-residential) or non-hazardous materials account for more than 50% of the US industry revenue; flowed by services including disposal services for non-hazardous materials and site remediation services, which account for about 10%, each. Other services also include disposal services for hazardous waste, transport of waste by road, and treatment services for hazardous waste. Small companies usually operate in only one of these segments. Larger companies often have vertically integrated operations that include all of these components. Small companies usually operate in only one of these segments. Larger companies...
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