Displaying items by tag: Harsco

US: Harsco’s Metals & Minerals division has expanded an agreement with Egyptian Steel, a manufacturer of rebar and wire rods in the Middle East and North Africa. Under the terms of this expanded agreement, Harsco will provide scrap and slag management, material handling, and metal recovery services at Egyptian Steel’s Beni Suef plant. Harsco has provided similar services to Egyptian Steel’s Al Ain Al Sokhna site since late 2017.

“This contract further strengthens our market-leading role in the Africa and Middle East steel markets, where Harsco has been providing environmental services for well over two decades,” said Russ Mitchell, the Chief Operating Officer of Harsco Metals & Minerals.

US: Harsco’s sales revenue from its Metals & Minerals division rose by 5.7% year-on-year to US$1.07bn in 2018 from US$1.01bn in 2017. Its operating income increased by 18% to US$121m from US$102m. It said that its Metals & Minerals' revenues were positively impacted by higher customer steel output and related demand for mill services, new contracts, higher commodity prices, increased applied products sales and the acquisition of Altek Group. Overall, the group’s revenue and operating income rose in 2018.

“2018 marked another year of successful execution against our priorities and we again delivered meaningful financial improvements,” said chairman and chief executive officer (CEO) Nick Grasberger.

US: Harsco has appointed Cope Willis as its Vice President of Sustainability and Environmental Solutions. In this newly created role, Willis will be responsible for driving Harsco’s environmental and corporate sustainability initiatives. He will lead efforts to integrate and embed sustainability throughout the company, and will serve as advisor, subject matter expert, and key influencer in business development efforts.

Willis joins Harsco from PricewaterhouseCoopers, where he served as Director of Sustainability Services. He reports to Harsco Chairman and chief executive officer (CEO) Nick Grasberger. He holds a BA in Environmental Science from the University of Virginia and a PhD in Earth Science from the University of California – Santa Cruz.

India: JSW Steel has signed a 10-year agreement with US-based Harsco for a range of mill services. Harsco will provide JSW Dolvi in Maharashtra with on-site slag handling services including under-furnace digging, ladle wrecking, and hot slag transport. No value for the contract has been disclosed.

Spain/UK: Harsco’s Metals & Minerals division has won a multiyear contract with Spain’s Celsa Group. The agreement will span nine years with Celsa Barcelona and five years with its Cardiff operations. Under the deal, Harsco will provide Celsa Barcelona with on-site slag handling and scrap management services. The slag handling will include activities for under-furnace digging, ladle wrecking, and hot slag transport. In addition, Harsco’s scrap management experience will ensure the transport of scrap between the internal and external scrapyards, and the management of both sites. Celsa Cardiff will be provided with on-site metal recovery and meltshop services. No value for the deal has been disclosed.

US: Harsco has appointed F Nicholas Grasberger III as chairman of the board of directors. He succeeds David C Everitt, who has served as non-executive chairman since August 2014 and a director since 2010. Everitt has been appointed independent lead director.

Grassberger was elected to the board in 2014 following his appointment as president and chief executive officer (CEO) of the company. He joined Harsco in 2013 as chief financial officer (CFO) and has held progressively responsible financial and operations executive positions throughout his career. Prior to joining Harsco, Grasberger served as the managing director of the multinational Precision Polymers Division of Fenner. Before joining Fenner, he served as the CFO of Armstrong Holdings, the parent company of Armstrong World Industries, and later as CEO of Armstrong’s Building Products division.

Additionally, Carolann Haznedar has been elected as an independent director of the board. Haznedar is the recently retired Senior Vice President, Americas for DuPont Performance Materials. She holds more than 30 years of management experience, leading several global businesses in different industries during her tenure at DuPont.

UK: Harsco’s Metals & Minerals division has renewed a multi-year services contract with British Steel. The US-headquartered company will provide slag management, briquetting, slab handling, coke crushing and other services at the Scunthorpe steel plant. Harsco has provided onsite steel plant services to British Steel for over 30 years.

“Our team has been working very closely with British Steel since the acquisition of the Scunthorpe Steel Works in June 2016 to develop an innovative partnership that brings benefits to both parties,” said Russ Mitchell, Harsco Metals & Minerals chief operating officer.

Brazil: Harsco’s Metals & Minerals division has won a 10-year contract worth US$150m with ArcelorMittal Tubarao, a subsidiary of ArcelorMittal. The deal includes services such as meltshop cleaning, slag handling and crushing, metal recovery and drop ball services.

“We are excited to extend our long association with ArcelorMittal Tubarao for another 10 years,” said Harsco Metals & Minerals chief operating officer Russ Mitchell. “This agreement is key to maintaining our strong strategic presence in Latin America, and it underpins our commitment to our customer by delivering value and adding solutions with the highest quality and safety standards.”

ArcelorMittal Tubarao is one of the largest integrated steel mills in Brazil, with a production capacity of 7.5Mt/yr. It is a leading producer of flat carbon steel, used extensively in the manufacture of automobiles and household appliances. Located on the Vitória harbour, ArcelorMittal Tubarao is well connected to iron ore mines through railroads.

Slovenia: SIJ Acroni, part of SIJ Group, has acquired the operations and equipment for processing slag from Harsco Minerali for an undisclosed sum. Previously the company used Harsco Minerali for the service, according to the Slovenian Press Agency. SIJ Acroni has taken over both Harsco's activity and equipment, and invited all Harsco employees to join the company.

Harsco Minerali processed 0.2Mt of slag for SIJ in 2017. The company mainly processed old slag deposits but new slag is created on an on-going basis during steel production. The processing products are used as inputs for asphalt and other engineering materials including insulation, and some products can be recycled for steel production. Harsco Minerali reported sales of Euro12m in 2016 and a net loss of Euro0.22m.

"By taking over the equipment and operations of Harsco Minerali we shall process what was once waste material into a by-product that we shall use in the subsequent production process or sell as an input material for construction, road construction, and environment remediation," said SIJ Acroni managing director Branko Žerdoner.

Bahrain: Harsco’s Metals & Minerals division has renewed a multi-year services contract with Sulb Company, a manufacturer of multi-sized angles and beams in the Gulf Cooperation Council (GCC) region. Harsco will provide slag management, raw material and finished product handling, and other services to Sulb’s fully integrated Al-Hidd plant. Harsco has provided onsite steel plant services to Sulb in Bahrain since 2012 for its direct reduced iron (DRI) plant, melt shop and rolling mills.

“This renewal signals our ability to serve our existing customers, and further distinguishes us from our competition as we continue this growth phase. Harsco maintains a market-leading position in the Middle East and Africa region, and this renewal reflects our customers’ confidence and trust in our long-standing commitments to quality, safety and employee care,” said Harsco Metals & Minerals Chief Operating Officer (CEO) Chris Whistler.

Sulb is a joint venture between Foulath and Japan-based Yamato Kogyo. Sulb has two industrial sites, one in Saudi Arabia and one in Bahrain. Sulb’s Bahrain-based facility, which is situated in Al-Hidd Industrial Area, consists of a DRI plant, a melt shop and a Heavy & Medium Section rolling mill.