Harsco Environmental Announces Its Joint Venture with Tosyali Holding, Tosyali Harsco, Has Entered into Multi-Year Service Contract with Kaptan Demir Çelik Steel Mill
• New three-year service contract with Kaptan Demir Çelik marks second contract of its kind for Tosyali Harsco in northwestern Turkey.
CAMP HILL, Pa. – (October 11, 2021) – Harsco Environmental, a division of Harsco Corporation (NYSE: HSC) announced today that its joint venture with Tosyali Holding, Tosyali Harsco, has successfully entered into a new multi-year services contract with Kaptan Demir Çelik (Kaptan), for its steel mill located in the Trakya region of Turkey.
Kaptan Demir Çelik, part of the Kaptan Group, is a family-owned steel mill located in Marmara Ereğlisi, Turkey. Kaptan started to first roll steel in 1964 in Karabük. In 2002, Kaptan established the first and only steel mill in the Marmara region. The mill operates an Electric Arc Furnace and a continuous casting machine and has a capacity of 1.4 million tons of billets per year.
“We see this contract as the start of a long-term relationship where we can grow and further demonstrate our capabilities in environmental solutions.”
Tosyali Harsco brings to Kaptan its expertise in safe and reliable under-furnace digging. Harsco Environmental has pioneered this activity on multiple sites across the world, and through its joint venture with Tosyali, will help Kaptan remove and manage build-up of materials under Kaptan’s furnaces to help prevent negative effects on production and mitigate environmental impacts.
This new three-year contract is the second of its kind in northwestern Turkey for Tosyali Harsco this year, reinforcing Harsco Environmental’s ambition to grow its footprint in one of the most important steel producing countries in the world.
“This Kaptan Demir Çelik multi-year service contract is a result of Tosyali Harsco’s performance in Turkey and unique offerings in the industry as a provider of under-furnace digging services,” said Stéphane Boissinot, Director of Operations, Europe South, Eastern Europe, Turkey & SteelPhalt for Harsco Environmental. “Kaptan is an important steel mill in Turkey, and we see this contract as the start of a long-term relationship where we can grow and further demonstrate our capabilities in environmental solutions.”
The under-furnace digging equipment Tosyali Harsco will provide to Kaptan is equipped with full hot work protection to ensure the safety of the operators.
“We are pleased to be working with Tosyali Harsco in this capacity,” said Arzu Efe, Board Member of Kaptan. “Keeping our employees safe is a top priority for us. Thanks to Tosyali Harsco’s impressive safety record, we are confident their technology will keep our employees safe while helping us maintain productivity.”
Tosyali Harsco and Kaptan also plan to work together to develop environmental solutions for the valorization of slag and other by-products, with a focus in developing slag asphalt.
To learn more about Harsco’s market-leading environmental solutions, visit www.harsco-environmental.com.
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About Harsco Environmental
Harsco's Environmental division is the largest and most comprehensive provider of onsite material processing and environmental services to the global metals industry, with operations at over 130 customer sites across more than 32 countries. The division is a technology partner to cleaner, more efficient metal production, providing customers with economically and environmentally viable solutions for the treatment and reuse of production by-products. Visit www.harsco-environmental.com to learn more.
About Harsco Corporation
Harsco Corporation (NYSE: HSC) is a global market leader providing environmental solutions for industrial and specialty waste streams, and innovative technologies for the rail sector. Based in Camp Hill, PA, the 12,000-employee company operates in more than 30 countries. Harsco’s common stock is a component of the S&P SmallCap 600 Index and the Russell 2000 Index. Additional information can be found at www.harsco.com.
About Tosyali Harsco
Tosyali Harsco is a joint venture between Tosyali Holding, Turkey’s global iron-steel leader, and Pennsylvania-based global industrial company, Harsco Corporation (NYSE: HSC), specializing in metal recovery services and slag sales. Tosyali Harsco has two facilities in Turkey in Osmaniye and Dilovasi. These facilities process slag wastes generated during steel production, perform metal recovery and produce by-products for use in different sectors. The company utilizes limited resources in the most efficient way with its “clean environmental awareness” and gives life to slag for a better world.