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Harsco Industrial Group Receives New Orders in Excess of $27 Million, Secures Expansion Into Australia

HARRISBURG, Pa., Nov. 15, 2010 (GLOBE NEWSWIRE) -- Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced today that its Harsco Industrial group has received two significant new orders totaling more than $27 million, including one that marks the successful expansion of its air-cooled heat exchangers business into Australia and the other marking one of the Company's largest-ever single orders for heat transfer products.
/ Source: GlobeNewswire

HARRISBURG, Pa., Nov. 15, 2010 (GLOBE NEWSWIRE) -- Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced today that its Harsco Industrial group has received two significant new orders totaling more than $27 million, including one that marks the successful expansion of its air-cooled heat exchangers business into Australia and the other marking one of the Company's largest-ever single orders for heat transfer products.

The Australia order is for BG Group plc's Queensland Curtis LNG (QCLNG) Project to develop coal seam gas in Australia for export as LNG. The project involves an expansion of BG Group's existing coal seam gas operations in the state of Queensland, construction of a 540km (336 mile) underground gas pipeline network and a LNG export facility on the Queensland coast with production capacity of 8.5 million tons per year.

First LNG exports from the QCLNG plant are planned to begin in 2014, underpinned by purchase agreements already in place from Chile, China, Japan and Singapore. Harsco's air-cooled heat exchangers business unit, Harsco Industrial Air-X-Changers, has been selected to support the multiple gas compressor units being produced by Toromont Industries Ltd. subsidiary Enerflex Ltd. for delivery starting next year and continuing into 2013. Harsco plans to manufacture the heat exchangers in Australia through a new in-country joint venture now being formed, while providing engineering design and quality assurance support from Harsco Industrial Air-X-Changer's main facilities in the United States as well as Harsco's Offshore Services Center in Hyderabad, India. Harsco Industrial Air-X-Changers is the leading manufacturer of air-cooled heat exchangers for the gas compression industry.

The QCLNG Project is also seen as a potential major bidding opportunity for Harsco's Infrastructure business group, which continues to build its market presence in Australia's growing energy sector through its Bell Scaffolding Group acquisition completed in January 2010.

The Harsco Industrial group has also received one of its largest-ever single orders for heat transfer products, comprising multi-unit, integrated boiler skid package systems that will augment a central boiler plant at the Pickaway Correctional Institute in Ohio. The sale marks the group's first to energy infrastructure provider NORESCO, one of the largest energy services companies in the U.S. The boiler system will be manufactured at the Harsco Industrial Patterson-Kelley facilities in the United States and is scheduled for delivery within the next several months. Harsco Industrial Patterson-Kelley is a technology leader in the engineering and production of high performance, ultra-high efficiency commercial water heating solutions for large institutional uses.

"These significant orders underscore two key components of our future U.S. and international growth strategies for the Harsco Industrial group," said Scott H. Gerson, Harsco VP and Industrial Group President. "The first is to capitalize on our One Harsco global footprint and experience to open new doors for our products, and the second is to continue to advance our leadership in developing fully-integrated, turn-key solutions that our customers can immediately put to work." Gerson was named Group President of the Harsco Industrial businesses in July 2010 and also continues to serve as Harsco's Chief Information Officer pending the appointment of his successor. 

Harsco Corporation is one of the world's leading diversified industrial services and engineered products companies, serving key industries that play a fundamental role in worldwide economic growth. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at .

The Harsco Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=361

CONTACT: Harsco Corporation Investor Contact Eugene M. Truett 717.975.5677 etruett@harsco.com Media Contact Kenneth D. Julian 717.730.3683 kjulian@harsco.com