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.
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Harsco Corporation's SteelPhalt division has opened two new asphalt plants in Cardiff, Wales, and Rotherham, England, marking the first new plants in sixty years. These facilities will produce sustainable asphalt products using 95% recycled aggregates, resulting in a carbon footprint 40% lower than traditional methods.
The Cardiff plant has a production capacity of 300,000 tonnes annually. The Rotherham plant expansion satisfies growing demand for sustainable asphalt, reinforcing SteelPhalt's commitment to innovation in environmental solutions.
Harsco Corporation (NYSE: HSC) will release its third quarter 2021 earnings results on November 2, 2021, prior to the NYSE market open. The results will be distributed via newswire and available on the company’s website. A quarterly conference call will follow at 9:00 a.m. ET on the same day, with dial-in details provided for participants. Harsco operates globally, focusing on environmental solutions and innovative technologies, employing approximately 12,000 individuals across more than 30 countries.
Harsco Environmental has formed an exclusive strategic partnership with Magsort Ltd. to implement advanced metal recovery technology in the steel industry. This collaboration aims to enhance the recovery of higher value metallics from steelmaking slags, promising to salvage larger volumes of metal with superior quality compared to traditional methods.
The initiative will initially target carbon steel makers, followed by a phase for stainless steel producers, ultimately assisting in reducing waste and operating costs, thereby boosting sustainability and profitability for customers.
Harsco Corporation (NYSE: HSC), a leader in environmental solutions, announced its participation in two upcoming investor conferences. The events include the Lake Street Capital Markets' 5th Annual Best Ideas Growth Conference on September 15, 2021, and the D.A. Davidson 20th Annual Diversified Industrials & Services Conference on September 23, 2021. Based in Camp Hill, PA, Harsco operates across 30 countries and employs 12,000 individuals, contributing to the S&P SmallCap 600 Index and the Russell 2000 Index.
Harsco Corporation (NYSE: HSC) announced that its Clean Earth division in Modesto, California, has received NAID AAA Certification for secure data destruction of hard drives and solid-state devices. This certification, effective July 16, enhances Clean Earth's credibility in IT asset disposition services by ensuring compliance with data protection laws. This facility is the second Clean Earth site to earn this certification, emphasizing the company's commitment to secure electronics processing, which is vital for industries like banking and healthcare. Clean Earth aims to provide effective waste management solutions while ensuring data security.
Harsco Corporation (NYSE: HSC) has secured a new seven-year contract with Arkansas Steel Associates LLC (ASA) for mill services, extending their previous agreement. This contract covers essential services including scrap management, slag processing, and refractory services. The contract underscores Harsco Environmental's status as ASA's preferred provider and sets a solid foundation for environmental sustainability initiatives. ASA is a prominent supplier of tie plates in the North American railway industry, and both companies aim to achieve sustainable goals over the contract's duration.
Harsco Corporation (NYSE: HSC) reported a strong Q2 2021, achieving revenues of $570 million, marking a 27% increase year-over-year. GAAP diluted EPS rose to $0.18, compared to a loss of $0.14 in Q2 2020. Adjusted EBITDA was $78 million, aligning with prior estimates. Growth was driven by the Environmental segment, which saw a 34% revenue increase to $273 million. The Clean Earth segment also performed well, with revenues of $196 million, up 21% from last year. Harsco maintains its 2021 adjusted EBITDA guidance of $295-$310 million.