Welcome to our dedicated page for HARSCO news (Ticker: HSC), a resource for investors and traders seeking the latest updates and insights on HARSCO stock.
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's SteelPhalt division has opened two new asphalt plants in Cardiff, Wales, and Rotherham, England, marking the first new plants in sixty years. These facilities will produce sustainable asphalt products using 95% recycled aggregates, resulting in a carbon footprint 40% lower than traditional methods.
The Cardiff plant has a production capacity of 300,000 tonnes annually. The Rotherham plant expansion satisfies growing demand for sustainable asphalt, reinforcing SteelPhalt's commitment to innovation in environmental solutions.
Harsco Corporation (NYSE: HSC) will release its third quarter 2021 earnings results on November 2, 2021, prior to the NYSE market open. The results will be distributed via newswire and available on the company’s website. A quarterly conference call will follow at 9:00 a.m. ET on the same day, with dial-in details provided for participants. Harsco operates globally, focusing on environmental solutions and innovative technologies, employing approximately 12,000 individuals across more than 30 countries.
Harsco Environmental has formed an exclusive strategic partnership with Magsort Ltd. to implement advanced metal recovery technology in the steel industry. This collaboration aims to enhance the recovery of higher value metallics from steelmaking slags, promising to salvage larger volumes of metal with superior quality compared to traditional methods.
The initiative will initially target carbon steel makers, followed by a phase for stainless steel producers, ultimately assisting in reducing waste and operating costs, thereby boosting sustainability and profitability for customers.
Harsco Corporation (NYSE: HSC), a leader in environmental solutions, announced its participation in two upcoming investor conferences. The events include the Lake Street Capital Markets' 5th Annual Best Ideas Growth Conference on September 15, 2021, and the D.A. Davidson 20th Annual Diversified Industrials & Services Conference on September 23, 2021. Based in Camp Hill, PA, Harsco operates across 30 countries and employs 12,000 individuals, contributing to the S&P SmallCap 600 Index and the Russell 2000 Index.
Harsco Corporation (NYSE: HSC) announced that its Clean Earth division in Modesto, California, has received NAID AAA Certification for secure data destruction of hard drives and solid-state devices. This certification, effective July 16, enhances Clean Earth's credibility in IT asset disposition services by ensuring compliance with data protection laws. This facility is the second Clean Earth site to earn this certification, emphasizing the company's commitment to secure electronics processing, which is vital for industries like banking and healthcare. Clean Earth aims to provide effective waste management solutions while ensuring data security.
Harsco Corporation (NYSE: HSC) has secured a new seven-year contract with Arkansas Steel Associates LLC (ASA) for mill services, extending their previous agreement. This contract covers essential services including scrap management, slag processing, and refractory services. The contract underscores Harsco Environmental's status as ASA's preferred provider and sets a solid foundation for environmental sustainability initiatives. ASA is a prominent supplier of tie plates in the North American railway industry, and both companies aim to achieve sustainable goals over the contract's duration.
Harsco Corporation (NYSE: HSC) reported a strong Q2 2021, achieving revenues of $570 million, marking a 27% increase year-over-year. GAAP diluted EPS rose to $0.18, compared to a loss of $0.14 in Q2 2020. Adjusted EBITDA was $78 million, aligning with prior estimates. Growth was driven by the Environmental segment, which saw a 34% revenue increase to $273 million. The Clean Earth segment also performed well, with revenues of $196 million, up 21% from last year. Harsco maintains its 2021 adjusted EBITDA guidance of $295-$310 million.
Harsco Corporation (NYSE: HSC), a leader in environmental solutions for industrial waste, will participate in several upcoming investor conferences. Key events include:
- Jefferies Virtual Industrials Conference on August 4, 2021
- Raymond James Diversified Industrials Conference on August 24, 2021
- Seaport Research Partners Annual Summer Investor Conference on August 25, 2021
The company, based in Camp Hill, PA, operates in over 30 countries and employs around 12,000 people, being part of the S&P SmallCap 600 Index.
Harsco Corporation (NYSE: HSC) has announced the implementation of MachineMax, an equipment management platform, across its global operations. This initiative aims to enhance operational efficiency and reduce fuel consumption in heavy equipment, ultimately supporting Harsco's goal to cut energy and carbon intensity by 15% by 2025. The MachineMax technology will help Harsco monitor real-time data related to its fleet, addressing inefficiencies such as excessive idling. This strategic advancement is set to improve sustainability and operational productivity in over 30 countries.
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