Harsco Environmental Renews Metal Recovery, Scrap Processing Contract With JSW Steel
April 06 2021 - 8:00AM
Harsco Corporation (NYSE: HSC), a global market leader providing
environmental solutions for industrial and specialty waste streams,
announced today that its Harsco Environmental (HE) division has
successfully renewed a multi-year services contract with JSW Steel
at its Dolvi operation in Maharashtra, India.
The current service contract, which includes the
processing of steel melting shop-1 (SMS1) slag, expires in June
2022. The renewed contract adds the processing of SMS-2 slag,
beginning July 2021, to support Dolvi till it develops a single
large metal recovery plant (MRP) at a new location, which will
double its capacity. The renewal ensures HE can provide continuity
for JSW Dolvi beyond expiration of the existing contract, with an
upgraded plant, to cater excess slag processing until the future
expansion at the new MRP takes place.
“JSW always puts emphasis
on by-product/waste product management, its effective
utilization and maximization of its value by employing the latest
technology, which is both economically and environmentally
efficient,” said JSW Dolvi Works President Gajraj Singh Rathore.
“With the finalization of this contract with Harsco, JSW has again
moved one step ahead towards our objective of solid waste
utilization. I wish for a timely and successful implementation
of the project, as it is strategically important for us to manage
the slag produced from our steel meltshop 2 expansion project.”
HE currently provides several services at the
Dolvi mill, including metal recovery, scrap management and
under-furnace digging. These services are directly linked to
consistent/continuous steel production and are critical for plant
operations. Further, in 2019, HE secured three additional
multi-year contracts to set up, operate and maintain slag
briquetting, slag cooling and meltshop services at JSW Dolvi.
“This is another milestone in our longstanding
strategic relationship with JSW Dolvi,” said Harsco Environmental
Regional President of India Siva Subramaniyam. “It is proof of our
client’s trust in us to deliver an upgraded and efficient metal
recovery plant in the shortest time to meet the increased slag
production as the Dolvi plant doubles its steel capacity.”
The formal renewal to handle SMS-2 slag
production begins around July 2021. To learn more about Harsco’s
market-leading environmental solutions, visit
www.harsco-environmental.com.
About Harsco Corporation Harsco
Corporation (NYSE: HSC) is a global market leader providing
environmental solutions for industrial and specialty waste streams,
and innovative technologies for the steel, railways and energy
industries. Based in Camp Hill, Pennsylvania, the 13,000-employee
company operates in more than 30 countries. 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.
About Harsco
EnvironmentalHarsco's Environmental division is the
largest and most comprehensive provider of onsite material
processing and environmental services to the global metals
industry, with operations at over 130 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-environmental.com to learn more.
About JSW Group JSW Group 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 state of the art 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.
Investor Contact David
Martin717.612.5628damartin@harsco.com |
Media ContactJay
Cooney717.730.3683jcooney@harsco.com |
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