Displaying items by tag: Harsco
US: Harsco Corporation has changed its name to Enviri Corporation. It says that the new name and brand identity reflect its transformation since the late 2010s into a company that provides services to manage, recycle and reuse waste and by-product materials across many industries. Its subsidiaries - Harsco Environmental, Clean Earth and Harsco Rail - will continue to operate under their existing names as divisions of Enviri.
Nick Grasberger, chair and chief executive officer of Enviri Corporation, said “As we considered where we are today, how our business has evolved and our commitment to the environment, it is important to have a name and brand identity that align with this image.”
US: Harsco Environmental’s Total Recordable Incident Rate (TRIR) fell by 27% year-on-year to 0.45 in 2022 from 0.62 in 2021. The division of Harsco Corporation says it is its third consecutive year of improvements in workplace health and safety. It was attributed this to its Visible Felt Leadership program, which launched in 2021. The initiative is focused on engaging and empowering employees to take personal responsibility for safety and communicate with their peers and leaders when they spot health and safety concerns.
In 2022, Harsco Environmental added four International Organization for Standardization (ISO) 45001 certified sites. With the addition of these four sites, Harsco Environmental has a total of 65 ISO 45001 certified sites globally.
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.
SteelPhalt launches carbon-negative asphalt product
29 April 2022UK: 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.
Harsco Environmental drives group sales in 2021
04 March 2022US: 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.
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.”
Harsco publishes 2019 - 20 Environmental Report
19 August 2020UK: Harsco has published its environmental report for 2019 - 20, a year in which it divested its industrial division, selling three subsidiaries, and acquired US-based hazardous and contaminated waste processing specialists Clean Earth and Stericycle Environmental Solutions, “creating a leading national hazardous waste management platform.” Globally, Harsco derived 80% of revenue over the twelve-month period that ended 30 June 2020 from environmental services, compared to 60% over the twelve months ending 30 June 2017. Chair and chief executive officer (CEO) Nicholas Grasberger said, “Advancing sustainability and being a more purpose-driven company will play an essential role in Harsco’s future.”
Harsco is a ResponsibleSteel producer
17 December 2019Australia: 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.”
Harsco invests in Carbicrete
13 December 2019Canada/US: Harsco’s Environmental division has invested US$2.3m in Carbicrete, a Canadian technology company developing concrete products made with steel slag for the construction industry. The investment will give Harsco Environmental a Board seat in Carbicrete and has been made in conjunction with a US$1.6m grant from the Government of Canada’s Sustainability Development Technology Canada Foundation and applications to further government grant programs. Harsco’s investment will aid the development of the technology through a demonstration program with support from a commercial concrete block manufacturer as part of a development consortium.
“This investment in innovation is aligned with Harsco’s on-going expansion into environmentally-focused products and services, and we are proud to support the development of this exciting technology,” said Harsco Environmental chief operating officer Russ Mitchell.
Carbicrete is developing a technology that allows the production of concrete without using cement by using steel slag instead. The concrete mix is poured into molds, like conventional concrete, and is then cured using CO2. During curing, the gas becomes a solid, binding together the slag granules, and giving the concrete its strength. Carbicrete says the process can be implemented in any precast concrete manufacturing plant. It also says that the technology is ‘carbon negative’ because more CO2 is consumed than emitted during the process.
US: Harsco Corporation has rebranded its Metals and Minerals (M&M) division as ‘Harsco Environmental.’ The company says that the new name and visual identity more closely align with its increased focus on providing environmental services and product offerings to help customers drive business performance and growth. The name change and new branding take effect immediately.
Harsco Environmental will continue to be led by Harsco Chairman & CEO Nick Grasberger in tandem with the division’s Chief Operating Officer Russ Mitchell. Harsco Environmental operates more than 130 sites in 32 countries and has 7700 employees. It is Harsco’s largest division, representing approximately 65% of revenue in 2018.
“We are strategically transforming Harsco as a global market leader and provider of environmental solutions to the industries we serve,” said Nick Grasberger. “This rebranding to Harsco Environmental reinforces our over-arching strategic focus and better reflects what the division is today, and where it is headed in the future. Our suite of environmental solutions, recent acquisitions and future investments will drive revenue growth for Harsco in future years.”