Harsco's SGB Group Secures New $20 Million, Three-Year Access Services Contract In Holland


HARRISBURG, Pa., Feb. 14, 2002 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) said today that its SGB Group division has secured a three-year, $20 million contract to provide scaffolding and powered access services in support of ongoing plant maintenance work at the Geleen petrochemicals production facility of DSM N.V., the Netherlands' leading supplier of specialty chemicals and materials.

Announcing the contract, Jacques Verhage, Managing Director of SGB North Europe said, "This important award, our largest ever for multi-disciplined work, gives a significant boost to our plans for continued growth in scaffolding and access services to the industrial maintenance sector." SGB will furnish a combination of conventional scaffolding and powered access lifts under the contract, which carries the potential for a further two year extension based on satisfactory performance during the initial term.

DSM, or Dutch State Mines as it was known originally, was established in 1902 as a coal mining operation. Since the phasing out of its mining activities in 1965, it has built an international reputation as a major producer of specialty polymers, industrial chemicals, and high performance materials.

Serving the global construction and industrial maintenance industries, Harsco's international SGB Group division and its Americas-based Patent Construction Systems division comprise one of the world's foremost providers of engineering, equipment and services for scaffolding, shoring, concrete forming and motorized access, operating from a global network of more than 200 service and equipment rental locations.

Harsco Corporation is a $2.1 billion diversified provider of market-leading industrial services and products serving the worldwide infrastructure development, steel and metals, railway transportation, and gas and energy industries. The company employs approximately 20,000 people in 40 countries of operation. Additional information about Harsco, including its SGB Group and Patent Construction Systems divisions, can be found at www.harsco.com.



            

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