Stainless Steel
Search documents
Harsco Environmental Expands Services in New 15-Year Contract With Jindal Stainless
Globenewswireยท 2025-10-15 12:00
Core Insights - Harsco Environmental has signed a 15-year, $150 million contract with Jindal Stainless to expand operations in India, processing additional stainless steel slag [1][2][11] - The partnership aims to transform the stainless steel industry with sustainable solutions and is expected to double Harsco Environmental's business in India by 2028 [2][3] Company Overview - Harsco Environmental is a division of Enviri Corporation, providing innovative environmental solutions and operating at over 130 customer sites in more than 32 countries [5] - Jindal Stainless is India's largest stainless steel producer, with a consolidated annual turnover of INR 40,182 crore (approximately $4.75 billion) in FY25 and plans to increase annual melt capacity to 4.2 million tonnes by FY27 [6][8] Contract Details - The contract includes a 10-year extension to process stainless steel slag and the construction of a wet milling plant, the first of its kind in India, to recover metal from waste products [3][11] - The new capabilities are expected to create approximately 140 new jobs in the region [4] Environmental Commitment - Both companies emphasize sustainable practices, with Jindal Stainless using electric arc furnace technology to reduce greenhouse gas emissions and enhance recyclability [8]