Displaying items by tag: Harsco Environmental

Turkey: Tosyali Harsco has signed a 10-year contract with an estimated revenue of US$210m to provide services at Tosyali Holding’s new steel plant at Sariseki near Iskenderun. Tosyali Harsco is a joint venture between US-based Harsco and Tosyali Holding. Tosyali Harsco's scope of work at the new plant will include the treatment of all scraps via sorting, shearing, lancing and cleaning processes, scrap handling and logistics to the melt shop, underfurnace cleaning, ladle slag handling and slag processing.

Initial plant commissioning at the plant in Sariseki is schedule to start in March 2023. The US$2.5bn project will have a production capacity of 4Mt/yr. It includes two Quantum-type electric arc furnaces manufactured by Primetals, slab and billet casting machines, a hot rolling mill and long and flat product finishing lines.

UK: SteelPhalt has launched a carbon-negative asphalt product called SteelSurf ECO+. The asphalt use 95% recycled steel slag with a lignin binder made from trees. The kraft lignin is supplied by GautamZenUK in collaboration with Stora Enso. It is used as an alternative to bitumen, which previous SteelPhalt asphalt products used instead.

"In our journey to become the world's most sustainable asphalt supplier, this is a huge step forward,” said Julian Smith, SteelPhalt Strategic Growth Director. “This product is an example of what our team’s collective passion for innovation and sustainability can deliver, while making the world a greener place.”

Steelphalt is a part of the Harsco Environmental division of US-based Harsco.

US: Harsco’s Environmental division has driven its parent group’s revenue in 2021 as services and product demand increased. Its revenue rose by 17% year-on-year to US$1.07bn in 2021 from US$914m in 2020. Its operating income grew by 75% to US$103m from US$59m. Overall group revenue and operating income increased by 20% to US$1.85bn and from a loss of US$3.3m in 2020 to a profit of US$88.4m respectively.

“For the fourth quarter, our businesses continued to benefit from increased environmental solutions demand, and I'm pleased to have met our expectations for the quarter. However, steel volumes slowed through the fourth quarter in some markets, inflation pressures persisted, and labour-market tightness and Omicron impacted productivity. We were able to offset these pressures by controlling our overall spending in the fourth quarter,” said chairman and chief executive officer Nick Grasberger. He added that the group expects to see further improved operating results from its Environmental division in 2022.

Oman: Jindal Shadeed Iron and Steel (JSIS) has renewed its contract with US-based Harsco Corporation. Harsco Environmental will continue to provide slag management and metal recovery as well as skull processing services for JSIS for a five year period. JSIS has a steel production capacity of 2.4Mt/yr and it sells its products in the UAE, Saudi Arabia, China, Canada, Australia and parts of Europe.

“Using Harsco Environmental’s services to manage our slag benefits us in many ways,” said Sanjay Anand, chief operating officer and head of JSIS in Oman. “We are able to reduce our carbon footprint while increasing our production. Thanks to Harsco Environmental’s operational know-how, safety record and continuous support, JSIS can trust that each service provided is being done with the highest level of care.”

US: Harsco Environmental has launched its new ecoproducts business, the renamed version of its former applied products business. The company said that the name change reflects the division’s capabilities as an end-to-end solutions provider. It added that it will combine value, performance and sustainability with a grounding in innovation. The cement sector is one of seven industries which the company’s applied products division has previously supplied with slag.

Vice president and chief operating officer Russ Mitchell said “Where most see waste, we see unimagined value. Since our inception, Harsco Environmental has been renowned for its vast service offerings and has remained at the front lines for our customers.” He added “As we evolve into an environmental solutions provider, we are committed to increasing our sustainable offerings. Our rebranding to ecoproducts better represents what this product line offers to all stakeholders, the industry and our customers.”

The company has also redesigned its website to ‘enhance the user experience.’

US: Harsco Environmental has extended its slag management contract with Arkansas Steel Associates. The new agreement extends Harsco Environmental’s previous seven-year relationship for another seven years to around 2028, covering slag and scrap management, slag processing, metal recovery and refractory services. ASA, based at Newport in Arkansas, is a supplier of tie plates to the North American railway industry.

US: Harsco Corporation recorded net sales of US$1.85bn in 2020, up by 23% year-on-year from Euro1.50bn in 2019. The group’s adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 10% to US$238m from US$265m. Harsco Environmental’s fourth quarter net sales rose by 2% to US$246m from US$243m. Its adjusted EBITDA rose by under 1% to US$52.0m from US$51.0m. The company attributed the division’s growth to higher demand for applied products and lower general and administrative spending, partially offset by a less favourable services mix and contract changes.

Chairman and chief executive officer Nick Grasberger said, “Against a challenging market backdrop in 2020, Harsco made significant progress on its strategic, operational and financial objectives. While the disruption caused by the global pandemic could not have been predicted, our teams executed well, with a consistent focus on our key priorities – operating safely, serving customers, preserving financial flexibility and executing our Environmental Solutions business from Stericycle (ESOL) integration and operational recovery plan in Rail.”

Canada: Carbicrete has secured US$1.5m in funding from US-based SQN Venture Partners (SQNVP). The funds will finance research and development activities at its new Lachine laboratory, as well as operations at its Drummondville pilot plant in Quebec. It said that this brings its total funding received from major investors in 2020 to US$8m with investment already agreed from Harsco Environmental, the Quebec Ministry of Energy and Natural Resources and Sustainable Development Technology Canada (SDTC). The technology company is developing concrete products made with steel slag for the construction industry.

Chief executive officer (CEO) Chris Stern said, “This venture debt cash injection following our equity financing further underlines the thesis that the financial markets are believing in value-added, carbon-negative technologies such as CarbiCrete that mitigate CO₂ in our atmosphere. We are proud to have SQNVP as an investor in our company.”

Bahrain: Angles and beams producer SULB Company has renewed its steel mill services contract with US-based Harsco Environmental. The supplier has held the contract since 2012.

Harsco Environmental vice president and chief operating officer (COO) Russ Mitchell said, “We are pleased to continue working with SULB. It is an innovative customer which has leveraged our sustainable solutions to maximise environmental benefit and return valuable raw material into production. The multiple renewals speak to the mutual trust and understanding which has been forged with SULB over a long-term and meaningful working relationship.”

Australia: Harsco Environmental, the environmental division of US-based Harsco Corporation, has announced its partnership with numerous producers and consumers in a pan-industrial steel standards and certification initiative called Responsible Steel. The initiative ‘promotes responsible practice,’ with the aim of improving sustainability in emissions, water usage and community and employee relations. This will include developing circular economic practices, including slag deals with cement plants. Harsco Environmental vice president Cope Willis said, “This collaboration is another step in Harsco’s continuous efforts to lead the steel industry to a more sustainable future.”