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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.
For more information, visit the Enviri Corporation website.
Harsco Corporation (NYSE: HSC) announced the planned retirement of CFO Peter F. Minan, effective April 1, 2021. Minan joined Harsco in 2014 and has played a key role in enhancing the Finance and IT organizations and executing refinancing transactions. The company has begun a search for his successor, considering both internal and external candidates. Harsco is recognized for its environmental solutions for industrial waste and operates in over 30 countries, employing around 13,000 people. It is part of the S&P SmallCap 600 Index.
Clean Earth, a leading specialty waste company, aims to process 13 million aerosol cans by the end of 2020, marking an 85% increase from 2015. This achievement is attributed to their advanced recycling technology and strict compliance with regulations. The company's commitment to sustainability includes ensuring 100% recycling of cans and expanding its processing capabilities.
Clean Earth operates 19 facilities and handles nearly 3 billion aerosol cans produced annually in the U.S., with further expansion planned by 2022.
Harsco Corporation (NYSE: HSC), a global leader in environmental solutions, will participate in the Baird Global Industrial Conference on November 12, 2020. CEO Nick Grasberger and Investor Relations VP Dave Martin will represent the company. Harsco, headquartered in Camp Hill, PA, employs 13,000 people across over 30 countries and specializes in managing industrial and specialty waste streams. The firm is part of the S&P SmallCap 600 and Russell 2000 indexes. For more details, visit www.harsco.com.
Harsco Corporation (NYSE: HSC) has renewed a seven-year contract with Gerdau for slag management and scrap processing services at the Midlothian site. This marks the third consecutive renewal since 1998, reflecting Harsco's commitment to sustainability and effective management. The contract, effective from October 1, 2020, includes transforming slag into second-use products while optimizing service costs and environmental impact. Both companies emphasized the positive relationship and collaboration during the negotiation process.
Harsco Corporation (NYSE: HSC) has renewed a multi-year services contract with SULB Company, continuing their collaboration in the Gulf Cooperation Council region. This renewal marks the second consecutive extension since 2012, highlighting the trust built over time between the two companies. Harsco's Environmental division will provide critical services such as slag management and product handling, supporting SULB's operations. The formal renewal started on November 1, 2020, underscoring Harsco's leadership in providing sustainable environmental solutions.
Harsco Corporation (NYSE: HSC) reported a 14% increase in Q3 revenues from the second quarter, reaching $509 million. Compared to Q3 2019, revenues grew 20%, driven by the acquisition of ESOL. However, the company faced a GAAP diluted loss per share of $0.10 due to integration costs. Adjusted earnings were $0.08 per share with EBITDA of $59 million. Free cash flow improved to $18 million. For Q4, Harsco anticipates EBITDA of $58-$63 million and free cash flow of $20-$25 million, but acknowledges risks related to COVID-19.
Harsco Corporation (NYSE: HSC) will release its third-quarter 2020 earnings results on November 3, 2020, before the NYSE market opens. The results will be available via newswire and on the company's website. Following the announcement, Harsco will host a conference call at 9:00 a.m. ET that day, with dial-in options for both U.S. and international participants. Harsco Corporation is a leading provider of environmental solutions and operates in over 30 countries, employing 13,000 people. The company is part of the S&P SmallCap 600 Index and the Russell 2000 Index.
Harsco Corporation (NYSE: HSC) has appointed Wendy Livingston as Senior Vice President and Chief Human Resources Officer, effective September 2. With over 24 years at Boeing, where she supported 30,000 employees, Livingston will oversee Harsco's global HR strategy for its 13,000 employees across 30 countries. Her role includes enhancing performance and teamwork to meet financial goals. Harsco's Chairman and CEO, Nick Grasberger, expressed confidence in her leadership to accelerate the company’s transformation into an environmental solutions provider.
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