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Specialty Waste Buys Solid Waste Oil Sector Processor Susquehanna

Allan Gerlat

March 26, 2014

1 Min Read
Specialty Waste Buys Solid Waste Oil Sector Processor Susquehanna

A private equity firm has purchased a majority interest in Susquehanna Services Inc., a solid waste processor for oil and natural drilling operations.

Specialty Waste Operating Partners L.P. (SWOP), New York, said the Swoyersville, Pa., Susquehanna has operations in the shale formations of Marcellus and Utica (New York) and Green River (Wyoming). Specialty Waste, which focuses on fluid handling, treatment, reuse and disposal, said in a news release the purchase was for an undisclosed amount.

Susquehanna uses a proprietary system to process drill cuttings for disposal during the drilling phase of oil and gas development. The company provides an integrated solution for its customers' solids processing needs with a focus on increased efficiency for drilling operations, Specialty Waste said.

John Yarosz, Susquehanna's founder, has retained a significant equity stake in the company and has been named chairman of the firm’s board of directors. Susquehanna also has appointed Arnie Little as president and CEO.

"Susquehanna is an innovative leader in solids processing services for oil and natural gas drilling operations, and we are delighted to work with a strong team led by John and Arnie," said Andy Freeman, co-president of SWOP.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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