Harsco Receives $60 Million Contract for On-Site Environmental Services to Steel Plant
Posted on: Friday, 25 July 2008, 12:01 CDT
HARRISBURG, Pa., July 25, 2008 (PRIME NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal's massive Dunkirk steel works in northern France. The contract underscores Harsco's growing role in developing and executing integrated environmental solutions for the global metals and minerals industries.
Harsco's award includes the construction of a new dehydrating plant that will process the mill's blast furnace and melt shop sludge by-products into reusable filter cake material suitable for use within the steelmaking process as well as other external applications. The award also includes the screening and blending of various by-product materials for on-site recycling to the mill's sinter plant, which produces materials for charging the mill's three blast furnaces. Work is scheduled to commence at the beginning of 2009. Harsco's services will enable the mill to replace its previous storage of sludge materials in on-site settling lagoons, a practice that is now environmentally prohibited by French authorities. The Dunkirk mill is a fully integrated carbon steel plant and one of the largest within ArcelorMittal, the world's largest steel producer.
"As this contract demonstrates, Harsco's combination of market-leading technology, experience and capital gives us a strong foundation for addressing the critical environmental requirements of our customers," said Harsco President and Mill Services Group CEO Geoffrey D. H. Butler. Harsco's mill services division serves the world's leading steel- and metals-producing companies as an integral, on-site service partner at more than 170 locations in 35 countries. The division's comprehensive services include integrated materials handling, semi-finished and finished product management, and by-product management.
Harsco Corporation is one of the world's leading diversified industrial services companies, serving key industries that play a fundamental role in worldwide economic growth and development, including infrastructure and construction, metals and minerals, and railways. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
The Harsco Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=361
This news release was distributed by PrimeNewswire, www.primenewswire.com
CONTACT: Harsco Corporation Media Contact Kenneth D. Julian 717.730.3683 kjulian@harsco.com Investor Contact Eugene M. Truett 717.975.5677 etruett@harsco.com
Source: PrimeNewswire
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