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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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Harsco Corporation (NYSE: HSC) has announced it will release its Q4 and full year 2022 earnings results on February 27, 2023, prior to the NYSE market opening. A conference call and webcast for investors will take place at 9:00 a.m. ET on the same day. Those interested can listen via the Investor Relations section of the company's website or by dialing in. Harsco, a leader in environmental solutions for waste streams, operates in over 30 countries.
Clean Earth, a division of Harsco Corporation, has announced that its Lancaster, Texas facility has earned the RIOS™ and R2v3 certifications, marking it as the company’s fifth certified electronic recycling site. These certifications enhance the facility's capacity for recycling e-waste and demonstrate compliance with industry standards. The R2v3 certification is a more stringent version of its predecessor, and the Lancaster facility will now implement additional processes for efficient electronics recycling.
Harsco Corporation (NYSE: HSC) has signed a five-year contract renewal with Compañía Siderúrgica Huachipato (CSH), Chile's largest steelmaker, ensuring continuity in services valued at $28 million. This contract extension reinforces Harsco Environmental's longstanding relationship with CSH, where they have provided services for over 40 years. The scope includes melt shop cleaning, scrap handling, and slag sales among others. The partnership highlights Harsco's commitment to operational excellence and performance measurement.
Harsco Corporation (HSC) has signed a 10-year contract with Tosyali Holding to provide slag management services at Toscelik's new plant in Sariseki, Turkey, with an estimated revenue of $210 million USD. Commissioning for the plant, which represents a $2.5 billion investment, starts in March 2023. The facility will utilize Quantum technology to enhance energy efficiency and achieve a capacity of 4 million tons. Harsco will manage the treatment of scrap and slag at the plant, further strengthening their partnership with Tosyali.
Harsco Corporation (NYSE: HSC) announced its involvement in two Australian racetrack resurfacing projects by supplying electric arc furnace (EAF) aggregate derived from steel slag. The projects were conducted at the Albert Park Circuit for the Australian Grand Prix and the Adelaide Street Circuit for the 2022 VALO Adelaide 500. Harsco's EAF aggregate improved grip and abrasion, enhancing racing conditions. The successful use of the material in these projects highlights Harsco's commitment to innovative environmental solutions in motorsport.
Harsco Corporation (NYSE: HSC), a leader in environmental solutions, announced its participation in two upcoming investor conferences. The events include the Truist Securities Industrials and Services Summit on December 6, 2022, and the BMO 2022 Growth & ESG Conference on December 7, 2022. Headquartered in Camp Hill, PA, Harsco operates in over 30 countries and employs around 12,000 people. The company is listed on both the S&P SmallCap 600 Index and the Russell 2000 Index.
Harsco Environmental has renewed its partnership with Tata Steel, extending their contract for five years starting July 1, 2022, to support decarbonisation efforts at the Port Talbot steelworks. This collaboration, which has lasted over 40 years, focuses on metal recovery, scrap processing, and slag handling. Tata Steel aims to achieve CO2 neutral steel making by 2045 and a 30% reduction in emissions by 2030. Harsco's role is vital for Tata Steel's transformation project, emphasizing their track record of excellent service in the industry.<\/p>
Harsco Corporation (NYSE: HSC) announced that Chairman and CEO Nick Grasberger and Investor Relations VP Dave Martin will present at Baird’s 2022 Global Industrial Conference on November 10, 2022. The updated investor presentation will be accessible in the Investor Relations section of Harsco's website on the same date. Harsco is recognized for providing environmental solutions for industrial and specialty waste and operates globally across more than 30 countries, employing around 12,000 individuals.
Harsco Corporation (HSC) reported third quarter 2022 revenues of $487 million, a 4% increase year-over-year, despite foreign currency translation impacts. GAAP operating income from continuing operations reached $30 million, and adjusted EBITDA was $70 million, exceeding guidance. Earnings per share (EPS) were $0.01 GAAP and $0.10 adjusted. The company raised its full-year adjusted EBITDA guidance to $216 - $223 million. The Clean Earth segment showed robust growth, while Environmental faced challenges from currency effects and operational costs.
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