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SAFETY-KLEEN EXECUTIVE URGES STRATEGY TO PROMOTE EXPORT OF ENVIRONMENTAL PRODUCTS AND SERVICES

 WASHINGTON, June 25 /PRNewswire/ -- A Safety-Kleen Corp. (NYSE: SK) executive yesterday asserted that a national strategy is needed to promote the export of U.S. environmental products and services.
 Hyman Bielsky, senior vice president and general counsel, Safety- Kleen, testified before a U.S. Senate subcommittee that American businesses and the economy will benefit from a strong presence in international markets.
 "Safety-Kleen's experience has shown that the export of environmental services and products represents a significant opportunity for U.S. firms, albeit one that requires time and resources to achieve success," stated Bielsky. He added that in fiscal 1992, revenues from Safety-Kleen's foreign operations were $138 million, approximately 17 percent of the company's consolidated revenues.
 Safety-Kleen operates more than 100 collection and recycling/reclamation facilities in Canada and Europe and licenses its technology to facilities in Asia and the Middle East.
 "Safety-Kleen believes that our presence in foreign markets strengthens both our U.S. business and the contribution that we make to the U.S. economy," said Bielsky.
 "We believe that environmentally sound recycling technologies are appropriate services for U.S. businesses to export to foreign markets and that they help protect human health and the environment by reducing the total amount of wastes that are disposed of," Bielsky testified.
 Bielsky testified in hearings on S1074, a measure sponsored by Senators John F. Kerry (D-Mass.), John H. Chafee (R-R.I.), Joseph I. Lieberman (D-Conn.) and Max Baucus (D-Mont.). It encourages a national environmental trade development effort and is based on Congressional findings that the global market for environment technologies is currently $270 billion and may grow to $500 billion by the year 2000.
 The proposed Act would establish a 19-member Environmental Trade Promotion Council composed of both public and private sector representatives which would develop a national strategy and action plan to increase exports of U.S. environmental technologies, goods and services.
 Safety-Kleen Corp., headquartered in Elgin, is the world's largest collector and recycler of automotive and industrial hazardous and non- hazardous waste fluids. The company's common stock is traded on the New York Stock Exchange under the trading symbol SK.
 -0- 6/25/93
 /NOTE TO EDITORS: Safety-Kleen's office has moved to 1000 N. Randall Road, Elgin, Ill. 60123/
 /CONTACT: Paul Wyche of Safety-Kleen Corp., 708-468-2212/


TS -- NY046 -- 5859 06/25/93 16:31 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
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