SOURCE: Quest Resource Holding Corporation

Quest Resource Holding Corporation

February 02, 2015 07:00 ET

Quest Resource Helps Automotive Aftermarket Industry Address Hot Issues in 2015

CEO Comments on Used Tire Recycling, Anti-Freeze Disposal and Volatile Used Oil Market

FRISCO, TX--(Marketwired - Feb 2, 2015) - Quest Resource Holding Corporation (NASDAQ: QRHC) ("Quest"), a leader in sustainability, recycling, and resource management, is meeting head on end-of-life cycle challenges in the automotive industry through its subsidiary, Quest Resource Management Group, LLC ("QuestRMG").

The automotive aftermarket industry is bracing for significant impacts in 2015 due to strengthened EPA regulations, collapsed prices of crude oil, and increased product end-of-life concerns surrounding tire pressure monitoring sensors, non-metallic cartridges oil filters, and steel wheel weights. For example, before the recent drop in oil prices, companies were being paid to recycle used oil. Today, many of those same generators are seeing their payment disappear altogether. In contrast, Quest leverages its buying power and market knowledge to help its clients receive a fair market payment for recycling the commodity.

QuestRMG is utilizing its buying power and marketplace expertise to help its clients navigate the volatility of the used oil market and other automotive recycling challenges, which can vary considerably by region. In a recent interview with Automotive Business World, Quest CEO Brian Dick discussed several environmental obstacles the automotive aftermarket industry will face in 2015 and how Quest is helping its current clients navigate these very issues.

"We service over 8,000 automotive and fleet management locations," said Brian Dick. "We help them dispose of -- or recycle -- motor oil, scrap tires, oil filters, antifreeze, and we do anything related to painting, like paint waste, filters, along with parts washers, solvent recovery, oily water -- the whole scope of anything that comes from servicing a vehicle, basically."

Quest's holistic service offering from evaluation to implementation and measurement has made it a leader in its field, serving an impressive list of Fortune 500 companies. In recent months, the list of Quest clients in the automotive industry has grown significantly. Quest now manages sustainability solutions for two of the top five commercial truck fleets and three of the top 10 automotive companies in the United States. In 2013 alone, Quest recycled 20 million gallons of used motor oil and 15 million used tires.

"The automotive industry already has laws that require management of scrap tires, used oil, and paint waste, and they are well connected to the Environmental Protection Agency," said Brian Dick in a recent interview with Environment Energy Pro. "The challenge is to be aware of the environmental requirements for new technologies implemented in vehicles, as well as the lifecycle and recycling needs of those technologies. Building programs that manage end of life and disposal is the next leap forward."

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

About Quest Resource Holding Corporation
Quest provides programs for sustainability, recycling, and resource management. Through its subsidiaries, Quest Resource Management Group, LLC and Earth911, Inc., Quest designs and manages the sustainability program's execution and delivers the digital resource for content and data for a lower-waste lifestyle. Quest is dedicated to creating a more sustainable and profitable approach for its enterprise clients, and a multifaceted and inclusive medium for sustainability publishing. (NASDAQ: QRHC) (www.QRHC.com)

About Quest Resource Management Group, LLC
Quest Resource Management Group, LLC ("QuestRMG") is a full service environmental consulting and management company, headquartered in Frisco, Texas. QuestRMG supports the efforts of companies to maximize profits and mitigate risks, while minimizing their ecological footprints. QuestRMG's clients span numerous industry segments, including food services, hospitality, healthcare, manufacturing, construction, automotive aftermarket, and fleet industries. QuestRMG provides clients with comprehensive sustainability programs, innovative recycling solutions, and environmental protection. Quest prides itself in delivering targeted solutions exclusively tailored to the needs of each respective client. QuestRMG is a subsidiary under the Quest portfolio of companies (NASDAQ: QRHC). (www.questrmg.com)

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