Under the agreement, AER Energy will act as the broker of the used motor oil collected by USA Recycling from its automotive service center customers.
AER Energy Resources president Stanley Wilson said USA Recycling is committed to bundling its existing scrap metal service with the collection of the used motor oil waste stream and recognizes AER Energy as a leader in that segment to assist them in that process.
USA Recycling CEO Vincent Smith said as the company gears up for its planned franchise offering, the addition of the used motor oil collection service to its existing scrap metal collection will make it that much more competitive to its 4,000 automotive service centre locations.
AER Energy is engaged in oil and gas exploration, drilling, well completion and fuel distribution.
