Harsco Division Lands Contracts in Europe

Deals will boost company's sales by around $15 million over duration of contract.

Harsco Corp. announced that its MultiServ mill services division has been awarded multi-year contracts in France and the United Kingdom that will expand its services to two current customers and generate additional new revenues estimated at more than $15 million over their duration.

Under a new seven-year contract, MultiServ will implement a mechanized FerroCut scrap oxycutting service at the Ascometal Fos-sur-Mer steel mill in France. The new installation replaces a previous manual operation to provide greater productivity as well as built-in environmental systems for on-site fume collection and control.

MultiServ's FerroCut technology was developed for the needs of higher volume customers and is capable of cutting the full range of scrap materials up to nearly 5-1/2 feet thick. The new service draws upon MultiServ's extensive experience with similar FerroCut installations worldwide and adds to a more than 30-year relationship for MultiServ at the Fos-sur-Mer location. The mill, a unit of the Severstal/Lucchini Group, specializes in the production of bearing-quality steel, mainly for the automotive, oil and gas drilling, and engineering markets.

In the UK, MultiServ will expand its steel product transportation services for ASD metal services, the largest independent metals stockholder and distributor in the UK. The four-year contract adds to a decade-long relationship with ASD, during which MultiServ's in-country logistics arm has delivered some 55,000 tons of steel coil and plate per year to various locations throughout the United Kingdom.

The new contract expands MultiServ's service role to now handle two separate distribution sites as a single source provider, thus displacing an existing contractor. ASD metal services is part of the Klockner & Co. group, one of the largest independent steel and metal distributors in Europe and North America.