Harsco Environmental Secures Contract with İzmir Demir Çelik Sanayi A.Ş. (İDÇ)
Harsco Environmental, a division of Enviri (NYSE: NVRI), has signed a contract with İzmir Demir Çelik Sanayi A.Ş. (İDÇ) in İzmir, Turkey. Under the agreement, Harsco Environmental will provide under furnace digging services for two electric arc furnaces at İDÇ. This marks the company's second contract in the İzmir region, coinciding with the commissioning of İDÇ's second electric arc furnace.
İDÇ is a major steel manufacturer in Turkey, producing construction iron, billets, blooms, and ribbed rebar. The partnership aims to enhance İDÇ's production capabilities while expanding Harsco Environmental's presence in the Turkish market.
Harsco Environmental, una divisione di Enviri (NYSE: NVRI), ha firmato un contratto con İzmir Demir Çelik Sanayi A.Ş. (İDÇ) a İzmir, Turchia. Ai sensi dell'accordo, Harsco Environmental fornirà servizi di scavo sotto il forno per due forni ad arco elettrico presso İDÇ. Questo segna il secondo contratto dell'azienda nella regione di İzmir, in concomitanza con la messa in funzione del secondo forno ad arco elettrico di İDÇ.
İDÇ è un importante produttore di acciaio in Turchia, specializzato nella produzione di ferro per costruzione, bille, fioroni e barre nervate. La partnership mira a migliorare le capacità produttive di İDÇ, ampliando al contempo la presenza di Harsco Environmental nel mercato turco.
Harsco Environmental, una división de Enviri (NYSE: NVRI), ha firmado un contrato con İzmir Demir Çelik Sanayi A.Ş. (İDÇ) en İzmir, Turquía. Según el acuerdo, Harsco Environmental proporcionará servicios de excavación bajo horno para dos hornos de arco eléctrico en İDÇ. Este es el segundo contrato de la empresa en la región de İzmir, coincidiendo con la puesta en marcha del segundo horno de arco eléctrico de İDÇ.
İDÇ es un importante fabricante de acero en Turquía, produciendo hierro de construcción, lingotes, blooms y varilla corrugada. La asociación tiene como objetivo mejorar las capacidades de producción de İDÇ mientras expande la presencia de Harsco Environmental en el mercado turco.
Harsco Environmental는 Enviri (NYSE: NVRI)의 한 부서로, 터키 이즈미르에 있는 İzmir Demir Çelik Sanayi A.Ş. (İDÇ)와 계약을 체결했습니다. 계약에 따라 Harsco Environmental는 İDÇ의 두 개의 전기로에 대한 용광로 아래 굴착 서비스를 제공할 것입니다. 이는 İDÇ의 두 번째 전기로 가동과 동시에 이루어지는 이즈미르 지역 내 회사의 두 번째 계약입니다.
İDÇ는 터키의 주요 철강 제조업체로, 건설용 철강, 빌렛, 블룸 및 리브 바를 생산합니다. 이 파트너십은 İDÇ의 생산 능력을 향상시키고 Harsco Environmental의 터키 시장 내 존재감을 확대하는 것을 목표로 하고 있습니다.
Harsco Environmental, une division de Enviri (NYSE: NVRI), a signé un contrat avec İzmir Demir Çelik Sanayi A.Ş. (İDÇ) à İzmir, en Turquie. Dans le cadre de l'accord, Harsco Environmental fournira des services de creusement sous four pour deux fours à arc électrique chez İDÇ. Cela marque le deuxième contrat de l'entreprise dans la région d'İzmir, coïncidant avec la mise en service du deuxième four à arc électrique d'İDÇ.
İDÇ est un important fabricant d'acier en Turquie, produisant du fer de construction, des billettes, des blooms et des barres nervurées. Le partenariat vise à améliorer les capacités de production d'İDÇ tout en élargissant la présence de Harsco Environmental sur le marché turc.
Harsco Environmental, eine Division von Enviri (NYSE: NVRI), hat einen Vertrag mit İzmir Demir Çelik Sanayi A.Ş. (İDÇ) in İzmir, Türkei, unterzeichnet. Im Rahmen der Vereinbarung wird Harsco Environmental unter dem Ofen Grabungsdienste für zwei Lichtbogenöfen bei İDÇ bereitstellen. Dies markiert den zweiten Vertrag des Unternehmens in der Region İzmir, der mit der Inbetriebnahme des zweiten Lichtbogenofens von İDÇ zusammenfällt.
İDÇ ist ein bedeutender Stahlhersteller in der Türkei und produziert Baustahl, Billets, Blooms und gerippte Bewehrungsstäbe. Die Partnerschaft zielt darauf ab, die Produktionskapazitäten von İDÇ zu verbessern und gleichzeitig die Präsenz von Harsco Environmental auf dem türkischen Markt auszubauen.
- Secured new contract for furnace digging services in Turkey
- Expansion in strategic Turkish market with second regional contract
- Partnership with major steel manufacturer strengthens market position
- None.
Insights
This contract with İDÇ marks a strategic expansion of Harsco Environmental's footprint in Turkey's vital İzmir industrial region. The timing is particularly significant as it coincides with İDÇ's commissioning of a second electric arc furnace, effectively doubling their production capacity. This expansion suggests strong underlying demand in Turkey's steel sector.
The agreement for under furnace digging services is especially noteworthy from an operational perspective. These services are critical for maintaining efficient electric arc furnace operations, as proper maintenance directly impacts production uptime and operational efficiency. The contract structure typically provides stable, recurring revenue streams, while establishing long-term relationships that can lead to additional service opportunities.
Securing a second major contract in the İzmir region demonstrates Harsco's growing competitive advantage in Turkey's industrial services market. The İzmir region is strategically important due to its port facilities and industrial concentration, making it a key growth market for steel production services. This expanded presence could serve as a springboard for capturing additional market share in Turkey's broader steel industry, which ranks among the world's top 10 steel producers.
The partnership with İDÇ, a significant player in Turkey's steel manufacturing sector, also positions Harsco to benefit from any future expansion plans or additional service needs. The contract reinforces Harsco Environmental's strategy of building strong regional positions in key global markets while diversifying its geographic revenue base.
The Company’s second collaboration with a key player in Turkey's İzmir region further establishes its presence and commitment to delivering exceptional service in this strategic market
PHILADELPHIA, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Harsco Environmental, a division of Enviri Corporation (NYSE: NVRI), today announced the signing of a contract with İzmir Demir Çelik Sanayi A.Ş. (İDÇ) in İzmir, Turkey. The contract marks another significant milestone in Harsco Environmental's commitment to providing innovative solutions for the steel industry, further expanding its growth within Turkey.
Under the terms of the agreement, Harsco Environmental will perform under furnace digging services for two electric arc furnaces at İDÇ. This collaboration coincides with the commissioning of İDÇ's second electric arc furnace, further solidifying the partnership between the two companies. This is Harsco Environmental’s second contract in the İzmir region of Turkey.
"We are thrilled to start a new partnership with İDÇ and support their operations with our innovative solutions," said Harsco Environmental’s Regional President of Europe, Stéphane Boissinot. “This contract underscores our commitment to delivering exceptional service and value to our steel industry clients."
"We look forward to the positive impact this partnership will bring to our production capabilities," said Hasan Acar at İDÇ. "Harsco Environmental’s expertise and focus on innovative solutions align perfectly with our operational goals as we commission our second electric arc furnace."
İDÇ is a prominent player in Turkey's steel manufacturing sector. The company produces a wide range of products, including construction iron, billets, blooms, and ribbed rebar for various applications.
For more information about Harsco Environmental and its solutions, visit www.harsco-environmental.com.
About Enviri
Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The Company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.
| Investor Contact David Martin +1.267.946.1407 dmartin@enviri.com | Media Contact Karen Tognarelli +1.717.480.6145 ktognarelli@enviri.com |
FAQ
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