SteelPhalt, a Harsco Environmental Company, Earns Research Grant Through Industrial Energy Transformation Fund (IETF)
31 Mars 2023 - 2:00PM
Harsco Environmental, a global, market-leading provider of steel
mill services and products announced today that its ecoproducts™
business, SteelPhalt, has earned a research grant through the
Industrial Energy Transformation Fund (IETF) in the United Kingdom.
The grant is part of a government effort to distribute funding to
help energy-intensive industries cut their carbon emissions and
energy costs.
The grant funds will enable SteelPhalt to conduct a feasibility
study on energy-efficient solutions for asphalt production. Asphalt
production is an energy-intensive process fueled by natural gas,
electricity and oil that includes drying, heating, crushing,
screening and conveying material. The research will seek to
identify ways to capture the waste heat in the exhaust gases and
transform it into electrical power, with the objective of reducing
the energy demand and carbon impact of the process.
“SteelPhalt is committed to driving sustainability in the
industry through beneficial reuse and innovative technological
solutions,” said Director of ecoproducts™ Europe, Martin Gray. “We
look forward to implementing the solutions identified through this
research project funded by the IETF to complement our ongoing
sustainability efforts in our continued journey to becoming the
world's most sustainable asphalt supplier.”
“The success of this project in identifying realistic solutions
to reduce the energy requirements of asphalt production will
differentiate SteelPhalt from its competitors and drive innovation
across the industry,” said Harsco Environmental Chief Operating
Officer Russ Mitchell.
SteelPhalt has long been committed to engineering more
sustainable asphalt solutions. The company relies on steel slag, a
by-product of the steelmaking process, as a main component of its
asphalt products. Using steel slag aggregate offers a beneficial
reuse opportunity to partners in the steel industry, preventing the
waste product from entering a landfill and reducing the need to
mine new aggregate for asphalt. SteelPhalt has innovated to further
reduce the carbon footprint of asphalt production by using
sustainable alternatives to bitumen, a carbon-intensive binder
traditionally used in asphalt production, in some of its
products.
To learn more about SteelPhalt, visit SteelPhalt.com.
About Harsco EnvironmentalHarsco'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
harsco-environmental.com to learn more.
About Harsco CorporationHarsco 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 harsco.com.
About SteelPhaltSteelPhalt, a Harsco
Environmental company, has been making roads safer by developing
and manufacturing high performance asphalt products for roadmaking
in the U.K. industry since the 1960s. Based in Rotherham, South
Yorkshire, SteelPhalt is ideally located to source slag
cost-effectively from the surrounding steel industry to sustainably
create asphalt. With a reputation for first class products matched
by a commitment to innovation and sustainability, SteelPhalt works
in partnership with councils, local authorities and contractors
nationwide to deliver durable roads for a sustainable world. Visit
steelphalt.com to learn more.
Investor ContactDavid
Martin717.612.5628damartin@harsco.com |
Media ContactMadison
Terefenko267.946.1424mterefenko@harsco.com |
Harsco (NYSE:HSC)
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