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.
Harsco Corporation (HSC) delivers essential environmental solutions to global industries through innovative waste management and metal recovery services. This dedicated news hub provides investors and industry professionals with timely updates on HSC's operational developments and financial milestones.
Access official press releases covering strategic contracts, quarterly earnings reports, and sustainability initiatives. Track the company's progress in serving major manufacturers through key service areas including slag processing, industrial recycling, and raw material optimization.
Discover updates on Harsco's international partnerships and technological advancements that drive circular economy solutions. The curated news selection enables stakeholders to monitor regulatory impacts, market expansions, and operational efficiencies across 30+ countries.
Bookmark this page for direct access to HSC's verified corporate communications. Combine strategic insights with fundamental analysis using our comprehensive repository of environmental services industry updates.
Harsco's subsidiary, ALTEK, now provides comprehensive dross processing solutions for the global aluminum industry, marking its position as the first fully scalable service provider. The AluSalt™ technology enables effective recycling of salt slag, contributing to a zero waste goal. With operations in over 600 locations, ALTEK boasts a recovery rate exceeding 45% of aluminum. The aluminum sector anticipates a 40% demand growth by 2050, making ALTEK's solutions increasingly vital. The recent organizational rebranding and a new digital calculator further enhance its market positioning.
Harsco Corporation (NYSE: HSC) announced the planned retirement of CFO Peter F. Minan, effective April 1, 2021. Minan joined Harsco in 2014 and has played a key role in enhancing the Finance and IT organizations and executing refinancing transactions. The company has begun a search for his successor, considering both internal and external candidates. Harsco is recognized for its environmental solutions for industrial waste and operates in over 30 countries, employing around 13,000 people. It is part of the S&P SmallCap 600 Index.
Clean Earth, a leading specialty waste company, aims to process 13 million aerosol cans by the end of 2020, marking an 85% increase from 2015. This achievement is attributed to their advanced recycling technology and strict compliance with regulations. The company's commitment to sustainability includes ensuring 100% recycling of cans and expanding its processing capabilities.
Clean Earth operates 19 facilities and handles nearly 3 billion aerosol cans produced annually in the U.S., with further expansion planned by 2022.
Harsco Corporation (NYSE: HSC), a global leader in environmental solutions, will participate in the Baird Global Industrial Conference on November 12, 2020. CEO Nick Grasberger and Investor Relations VP Dave Martin will represent the company. Harsco, headquartered in Camp Hill, PA, employs 13,000 people across over 30 countries and specializes in managing industrial and specialty waste streams. The firm is part of the S&P SmallCap 600 and Russell 2000 indexes. For more details, visit www.harsco.com.
Harsco Corporation (NYSE: HSC) has renewed a seven-year contract with Gerdau for slag management and scrap processing services at the Midlothian site. This marks the third consecutive renewal since 1998, reflecting Harsco's commitment to sustainability and effective management. The contract, effective from October 1, 2020, includes transforming slag into second-use products while optimizing service costs and environmental impact. Both companies emphasized the positive relationship and collaboration during the negotiation process.
Harsco Corporation (NYSE: HSC) has renewed a multi-year services contract with SULB Company, continuing their collaboration in the Gulf Cooperation Council region. This renewal marks the second consecutive extension since 2012, highlighting the trust built over time between the two companies. Harsco's Environmental division will provide critical services such as slag management and product handling, supporting SULB's operations. The formal renewal started on November 1, 2020, underscoring Harsco's leadership in providing sustainable environmental solutions.
Harsco Corporation (NYSE: HSC) reported a 14% increase in Q3 revenues from the second quarter, reaching $509 million. Compared to Q3 2019, revenues grew 20%, driven by the acquisition of ESOL. However, the company faced a GAAP diluted loss per share of $0.10 due to integration costs. Adjusted earnings were $0.08 per share with EBITDA of $59 million. Free cash flow improved to $18 million. For Q4, Harsco anticipates EBITDA of $58-$63 million and free cash flow of $20-$25 million, but acknowledges risks related to COVID-19.
Harsco Corporation (NYSE: HSC) will release its third-quarter 2020 earnings results on November 3, 2020, before the NYSE market opens. The results will be available via newswire and on the company's website. Following the announcement, Harsco will host a conference call at 9:00 a.m. ET that day, with dial-in options for both U.S. and international participants. Harsco Corporation is a leading provider of environmental solutions and operates in over 30 countries, employing 13,000 people. The company is part of the S&P SmallCap 600 Index and the Russell 2000 Index.
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