Welcome to our dedicated page for HARSCO news (Ticker: HSC), a resource for investors and traders seeking the latest updates and insights on HARSCO stock.
The news archive associated with the former NYSE ticker HSC captures the transition of Harsco Corporation into Enviri Corporation and the company’s ongoing activities as an environmental solutions provider. Company announcements describe Enviri as focused on managing, recycling and beneficially reusing waste and byproduct materials through its segments Harsco Environmental, Clean Earth and Harsco Rail.
News items highlight several themes. One set of releases covers the corporate rebranding and ticker change from HSC to NVRI, explaining that the new name aligns with Enviri’s emphasis on environmental services and waste‑related solutions. Other announcements detail operational developments, such as contract renewals for Harsco Environmental with major steel producers including ArcelorMittal Long Products in Quebec and Ternium sites in Latin America. These stories describe services like slag processing, metal recovery, scrap management and melt shop support that underpin steel mill operations and environmental performance.
Clean Earth‑related news focuses on specialty waste treatment and partnerships. For example, a release describes a long‑term agreement with Veolia North America that gives Clean Earth access to incineration capacity at a hazardous waste treatment facility in Arkansas, aimed at providing reliable and efficient disposal options for environmental, household and industrial waste streams.
Governance and strategic direction also appear in the news flow. Items include board appointments at Enviri and an open letter from a stockholder urging leadership and structural changes, including a review of the rail segment and board composition. Together, these articles provide context on Enviri’s business focus, customer relationships, strategic priorities and the perspectives of some investors. Readers can use this news stream to follow how the company’s environmental services platform and corporate strategy have evolved since the days when it traded under the HSC ticker.
Harsco Corporation (NYSE: HSC) will release its first quarter 2021 earnings results on May 4, 2021, before the NYSE market opens. This announcement will occur via newswire and on the company’s website. Additionally, a conference call will be held at 9:00 a.m. ET to discuss the results. Investors can join by dialing (877) 783-8494 for US participants or (614) 999-1829 for international participants, using Conference ID 7159057. Harsco operates globally, providing environmental solutions and innovative rail technologies, with over 13,000 employees across 30 countries.
Harsco Corporation (NYSE: HSC) has renewed a multi-year services contract with JSW Steel at its Dolvi operation in Maharashtra, India. This contract, effective from July 2021, will allow Harsco's Environmental division to process SMS-2 slag in addition to existing services, enhancing steel production efficiency. The renewal underlines JSW's commitment to effective waste management as it doubles its steel plant's capacities. Harsco will support JSW in achieving strategic goals for solid waste utilization, marking a significant milestone in their partnership.
Harsco Corporation (NYSE: HSC) has launched the Fullcircle program through its Clean Earth division, aiming to transform waste management into a more sustainable practice. This program analyzes waste generation at each source and offers tailored solutions for recycling and reuse, intending to achieve zero waste. Harsco's strategy is to derive over 90% of its revenue from environmental services, up from 80% currently. Fullcircle addresses upstream waste management and contamination reduction, making it easier for companies to meet their sustainability goals.
Harsco Corporation (NYSE: HSC) announced its Clean Earth division's new recycling solution for hand sanitizers, developed in response to increased disposal needs due to COVID-19. In 2020, the division salvaged 1.1 million pounds of non-viable sanitizer, saving costs and preventing hazards for customers. The solution includes recovering alcohol for use as gas fuel additive. Clean Earth successfully managed emergency cleanouts for a major retailer, recycling 800,000 pounds at 50 locations. This initiative exemplifies the company's commitment to sustainable waste management and increased customer compliance.
Harsco Corporation (NYSE: HSC) will participate in the Jefferies Virtual Business Services Summit on March 25, 2021. The company is recognized as a global leader in providing environmental solutions for industrial and specialty waste streams. Harsco operates in over 30 countries and employs approximately 13,000 people. Updated presentation materials are available on their website.
Harsco Corporation (NYSE:HSC) announced an amendment to its senior secured credit agreement, securing a new term loan B facility of $500 million and extending its $700 million revolving credit facility's maturity. The new term loan features a 2.25% interest rate over LIBOR and a maturity date of March 10, 2028. Proceeds will repay existing loans and cover transaction fees. The company also benefited from favorable covenant modifications, maintaining a leverage ratio cap of 5.75x through 2021. This transaction is seen as a positive move to enhance Harsco's financial flexibility.
CAMP HILL, Pa., March 1, 2021 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC), a leader in environmental solutions for industrial waste, will participate in the Raymond James Institutional Investors Conference on March 3, 2021. Senior Vice President and CFO Pete Minan, alongside Investor Relations VP Dave Martin, will represent the company. Harsco, with 13,000 employees across over 30 countries, is included in the S&P SmallCap 600 Index and Russell 2000 Index, focusing on innovative technologies in both environmental solutions and the rail sector.
Harsco Corporation (NYSE: HSC) reported Q4 2020 results with a GAAP operating income of $11 million and a diluted loss per share of $0.07, which includes unusual items. Adjusted earnings per share for the quarter were $0.12. Full-year 2020 GAAP operating income was $21 million, with total revenues increasing to $1.86 billion, driven by acquisitions. For 2021, Harsco anticipates adjusted EBITDA to rise between $275 million and $295 million. The company is optimistic about the ongoing integration of ESOL and expects improved operating results across all segments in 2021, despite pandemic challenges.
Summary not available.
Harsco Corporation (NYSE: HSC) announced that its Clean Earth division achieved the Gold Safety Award from the ConstructSecure Independent Safety Assessment Program for Waste Collection. The division scored 91.47 out of 100, with a perfect score in multiple categories, including OSHA experience and DART case rate, surpassing the industry average. Clean Earth reported zero past fatalities and a strong Experience Modification Rate. The company emphasized ongoing safety initiatives aimed at maintaining and improving their safety and compliance performance.