Harsco Environmental Secures 15‑Year, $150 Million Contract with Jindal Stainless

NVRI
October 16, 2025
Harsco Environmental, a division of Enviri Corporation, announced on 15 October 2025 that it has signed a 15‑year, $150 million contract with Jindal Stainless, the largest stainless‑steel producer in India. The agreement expands Harsco’s operations in Jajpur, Odisha, to process additional stainless‑steel slag from Jindal’s expanded facilities, extending the existing partnership by another 10 years and adding a wet‑milling plant to support the client’s growth. The new wet‑milling plant will handle hot slag and recover metal, creating approximately 140 new jobs in the region. By securing this long‑term contract, Harsco Environmental strengthens its position in the stainless‑steel market and aligns with Enviri’s goal of doubling its Indian business by 2028. The deal adds $150 million in revenue over 15 years, providing a steady, multi‑year income stream that supports Enviri’s broader growth strategy and enhances the company’s long‑term value creation. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.