Harsco Enters Multiyear Contract With JSW Steel to Support Its Dolvi, Maharashtra Steel Plant
January 18 2019 - 8:00AM
Harsco Corporation (NYSE: HSC) announced today that its Metals
& Minerals division has entered into a multiyear contract with
JSW Steel, India’s largest steel exporter, to provide a range of
mill services. The 10-year agreement commences in September.
Under the multiyear contract, Harsco will
provide JSW Dolvi with on-site slag handling services including
under-furnace digging, ladle wrecking, and hot slag transport.
These services are directly linked to active steel production and
critical for plant operations. Harsco has been providing these
essential mill services for more than 100 years, operating today on
more than 145 sites in 32 countries.
“We are delighted to expand on our positive
relationship with JSW,” said Harsco Metals & Minerals Chief
Operating Officer Russ Mitchell. “Our partnership has strengthened
over the past several years, and we look forward to delivering
continued value-added solutions and innovation to operations at the
Dolvi site.”
“JSW would like to utilize the worldwide
expertise of Harsco in handling hot slag for a safe and efficient
operation at our Dolvi Maharashtra facility as we continually
improve our steel production,” said Ratnaprasad Alturi, Senior Vice
President, JSW Steel, Ltd.
About JSW Group
JSW Group™ (www.jsw.in) is India’s largest steel
exporter, shipping to more than 100 countries in five continents.
Over the last 35 years, it has been at the forefront of science and
cutting-edge technology in the steel industry. Driven by research
and innovation, JSW has opened the gateway to self-reliance and
sustainability. Starting with a single plant in 1982, it is now
India’s leading manufacturer of high-grade steel products. With
plants in Karnataka, Tamil Nadu and Maharashtra, JSW has the
capacity to produce 18 tons per annum (MTPA).
About Harsco Corporation
Harsco Corporation is a diversified industrial
company providing a range of onsite services and engineered
products to the global steel, energy and railway sectors. Harsco’s
common stock is a component of the S&P SmallCap 600 Index and
the Russell 2000 Index. Additional information can be found at
www.harsco.com.
Harsco’s Metals & Minerals division is the
largest and most comprehensive provider of onsite material
processing and environmental services to the global metals
industry, with operations at more than 140 customer sites across
more than 32 countries. The division is a technology partner to
cleaner, more efficient metal production, providing customers with
economically and environmentally viable solutions for the treatment
and reuse of production waste streams. Visit www.harsco-m.com to
know more.
|
|
Investor Contact
David
Martin717.612.5628damartin@harsco.com |
Media
ContactJay
Cooney717.730.3683jcooney@harsco.com |
Harsco (NYSE:HSC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Harsco (NYSE:HSC)
Historical Stock Chart
From Apr 2023 to Apr 2024