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 report its fourth quarter and full year 2020 earnings on February 25, 2021, before NYSE market open. The results will be shared via newswire and on the company's website. A conference call for investors and analysts is scheduled for the same day at 9:00 a.m. ET, with details provided for dial-in options. Harsco, operating in more than 30 countries, specializes in environmental solutions and technologies for the rail sector.
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.
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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.
