Harsco Lands New $9M Netherlands Refinery Contract

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HARRISBURG, Pa. (AP) — Industrial services company Harsco Corp. said Friday it has two new orders worth $9 million to provide insulation services and scaffolding for a new refinery under construction in the Netherlands.

Harsco said the services are for the new Shell refinery located near Pernis, Netherlands.

The new plant, designed to produce ultra-low-sulfur fuel, is expected to be completed by the end of this year.

The new order furthers Harsco’s ongoing role at the plant, where Harsco has been providing onsite scaffolding, insulation and painting services for the past several decades.

Shell Pernis will be the largest refinery in Europe and one of the world’s largest.

Harsco said it also has orders to supply scaffolding and insulation services for the construction of 15 new commercial storage tanks this year at the Vopak terminal in Vlaardingen, Netherlands. The facility handles and stores oleochemicals and vegetable oils, a key component in the making of biofuels and other uses.

Harsco shares fell 28 cents to $31.69 in afternoon trading.

Source: Bloomberg

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