Harsco's Heckett MultiServ Division Awarded Add-On Services at European Steel Mills


HARRISBURG, Pa., Aug. 29, 2001 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that its Heckett MultiServ division is expanding its services at two major steel works in Belgium and Italy under separate ten-year contracts having a combined value in excess of $40 million.

In Belgium, Heckett MultiServ has been awarded responsibility for providing comprehensive scrap management services at Duferco's La Louviere steel products mill. Heckett MultiServ will unload and manage incoming material to the mill's specifications for reuse in their electric arc furnace steel-making process. The award represents a substantial new addition to a ten-year contract renewal that also extends Heckett MultiServ's existing responsibilities for metal recovery, liquid slag transport, and material handling services. Heckett MultiServ has provided services at La Louviere since 1969, and its metal recovery services there represent one of the division's longest-running European contracts.

At the Acciai Speciali Terni (AST) SpA stainless steel works in Terni, Italy, Heckett MultiServ is further expanding its role as the mill's largest on-site outsourced services provider to include the transport of hot liquid steel to and from the mill's thin slab caster. Last year, Heckett MultiServ's role was similarly increased to add steel slab transport, slab grinding, and slab yard management responsibilities, and earlier this year Heckett MultiServ was also awarded the responsibility for scrap management services. The division's increasing role parallels the continuing growth of the Terni works, which has announced plans to increase its production by more than 50 percent over the next three years. Heckett MultiServ also provides metal recovery, slag pot transport, and mill dust treatment services at AST.

Heckett MultiServ - East region president Geoffrey D. H. Butler, said, "These two contracts exemplify a key target of our strategic growth, which is to continue to expand our existing, favorable relationships with many of the world's leading metals producers through the introduction of additional value-adding services." Heckett MultiServ is the world's leading provider of outsourced, on-site support services to steel mills and other metals producers, operating under long-term, multi-year contracts at more than 160 mills in more than 30 countries.

Harsco Corporation is a diversified, international company providing market-leading industrial services and products to the worldwide infrastructure development, steel, railway transportation, gas and energy markets. The company employs more than 20,000 people in 40 countries of operation, and recorded 2000 revenues of $2 billion. Additional information about Harsco, including its Heckett MultiServ division, can be found at www.harsco.com.



            

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