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Harsco Corporation (HSC) is a global leader in providing environmental solutions and services, primarily through its Harsco Environmental division. The company specializes in managing and recycling industrial and specialty waste streams, with a strong focus on sustainability and environmental stewardship.
Headquartered in Philadelphia, Pennsylvania, Harsco operates in more than 150 locations across over 30 countries. The company serves a diverse customer base, including some of the world's largest steel manufacturers. Its core services include slag processing, metal recovery, scrap management, and raw material handling.
Recently, Harsco Environmental secured two significant three-year renewal contracts with Ternium Monterrey and Ternium Largos Norte, valued at $88 million. These contracts reaffirm Harsco's position as a preferred partner in the steel industry, providing comprehensive services such as slag pot carrying, slag processing, and metal recovery.
In addition to its work with Ternium, Harsco Environmental also renewed a two-year contract with ArcelorMittal Long Products in Quebec, Canada. This renewal underscores Harsco's commitment to delivering sustainable solutions that enhance operational efficiency and productivity in steel manufacturing.
Financially, Harsco continues to perform robustly, with a consistent focus on growth and innovation. The company is set to release its second quarter 2023 earnings on August 2, 2023, and will host a conference call to discuss the results. Investors and analysts can access the live call through the company’s website.
Harsco's commitment to sustainability and innovation makes it a key player in transforming industrial waste management. The company aims to help its clients achieve their sustainability goals by offering economically and environmentally viable solutions.
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Divert, an impact technology company focused on food value protection, has appointed Timothy M. Laurion to its parent company's board of directors. Laurion brings over 41 years of corporate and investment banking experience from Bank of America, where he served as managing director and senior corporate banker. As one of the nation's leading environmental services bankers, he has structured over $100 billion in credit facilities and maintained relationships with top environmental firms. He currently serves on the board of Enviri (NYSE: NVRI) and brings extensive experience in strategic advisory, capital raising, and mergers and acquisitions.
Harsco Corporation (NYSE: HSC) held its 68th Annual Meeting of Stockholders virtually on April 19, 2023. Stockholders approved the election of all nine nominees to the Board of Directors, ensuring their service until the 2024 Annual Meeting. Additionally, they ratified the appointment of PricewaterhouseCoopers LLP as Independent Auditors for the year ending December 31, 2023.
Other key approvals included Non-Binding Advisory Votes on Executive Officer Compensation, the frequency of future advisory votes on the company's named executive officers, and Amendment No. 3 to the 2013 Equity and Incentive Compensation Plan. Harsco Corporation, a leader in providing environmental solutions for industrial waste, operates in over 30 countries and is part of the S&P SmallCap 600 Index.
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