04.07.2008

Harsco moves int India.

Harsco Corporation, the owner of SGB and Hünnebeck has secured a new contract with Tata Steel to provide rental scaffolding throughout a two-year plant maintenance cycle at Tata’s Jamshedpur steel works in northeastern India.

The contract, valued initially at more than $2 million, includes provisions for a follow-on three-year extension, and comes as a result of Harsco’s ongoing relationship with Tata Steel in Europe.

Harsco will use its Cuplok scaffolding system backed by a full-service erection and dismantling crew. The massive Jamshedpur works is completing a major facility upgrade that will increase production capacity from five million tons to seven million tons of steel products annually.

The Tata award comes on the heels of another large scaffolding job in India in which Harsco has provided rental scaffolding systems to an offshore drilling rig in eastern India for Italian oil and gas contractor Saipem.

Harsco chairman and chief executive, Salvatore D. Fazzolari said, “We are particularly gratified to see our successful customer relationships from other parts of the world facilitate Harsco’s timely re-entrance into India’s rapidly expanding infrastructure and construction markets. These are significant early steps in our anticipated build-up to a strong and growing Harsco presence in India in the coming years, as we see similar opportunities for our mill services and rail services businesses.”