VCA Stocks

Horsehead Holding Corp. (ZINC) VCA Stocks: Environmental -> Other Environmental -> Recycling Waste

5 Day Chart -- 6 Month Chart -- 2 Year Chart -- 5 Year Chart

Horsehead Holding Corp. (Horsehead) is a producer of specialty zinc and nickel-based products sold primarily to customers throughout the United States of America.

The Company is also a recycler of electric arc furnace dust in the United States. It is also a recycler of hazardous and non-hazardous waste for the specialty steel industry. It also provides short-line railroad service for the movement of materials for both Horsehead Corporation and outside customers. On December 31, 2009, the Company acquired The International Metals Reclamation Company, a recycler of nickel-bearing wastes and nickel-cadmium (Ni-Cd) batteries in North America. In June 2009, the Company acquired the EAF dust contracts held by Envirosafe Services of Ohio, Inc (ESOI), a landfill disposer of EAF dust.

The Company has production and/or recycling operations at seven facilities in five states. It also owns and operates on its premises a 110 megawatt coal-fired power plant that provides it with electricity. The Company’s products are used in a variety of applications, including in the galvanizing of fabricated steel products, as components in rubber tires, alkaline batteries, paint, chemicals and pharmaceuticals and as a remelt alloy in the production of stainless steel. During the year ended December 31, 2009, the Company sold approximately 236.5 million pounds of zinc products.

The Company’s zinc recycling facilities recycle electric arc furnace (EAF) dust into crude zinc oxide (CZO), and zinc calcine, which it then uses as raw material feedstocks in the production of zinc metal and zinc products. It operates three hazardous waste recycling facilities for the recovery of zinc from EAF dust. These facilities recover zinc from EAF dust generated primarily by carbon steel mini-mill manufacturers during the melting of steel scrap, as well as from other waste material. It extracts zinc from EAF dust, and recycles the other components of EAF dust into non-hazardous materials, using its Waelz Kiln process at its Palmerton, Rockwood, and Calumet facilities.

The Company’s primary zinc metal product is prime western (PW) zinc metal, which it sells to the hot-dip galvanizing and brass industries. It also produces special special high grade (SSHG) zinc metal, which is used as feed for the manufacture of high-purity zinc powder and zinc alloys. SSHG zinc metal is an ultra pure grade of zinc. The Company is a supplier of zinc metal to the after-fabrication, hot-dip segment of the North American galvanizing industry, who uses its zinc metal to provide a protective coating to a myriad of fabricated products, from pipe and guard rails to, heat exchangers and telecommunications towers. It also sells PW zinc metal for use in the production of brass, a zinc/copper alloy. To accommodate various customer handling needs, its zinc metal is sold in numerous forms, from 55-pound slabs to 2,500-pound ingots.

The Company sells over 50 grades of zinc oxide with differing particle sizes, shapes, coatings and purity levels. Zinc oxide is an ingredient in the production of tire and rubber products, chemicals, ceramics, plastics, paints, lubricating oils and pharmaceuticals. The various end uses for zinc oxide are tire and rubber applications, chemical applications, ceramics, and other applications. During 2009, the Company recycled 411,000 tons of EAF dust. As of December 31, 2009, the Company was in the process of constructing a kiln facility in South Carolina.

The Company sells CZO generated in its Waelz Kilns to other zinc smelters. Horsehead’s zinc powder is sold for use in a variety of chemical, metallurgical and battery applications, as well as for use in corrosion-resistant coating applications. Zinc powder is manufactured by the atomization of molten zinc. The Company manufactures a range of powders at its Palmerton facility, which includes special zinc powders, battery grade zinc powders and copper-based powders.

Horsehead competes with Votorantim Metals, Ltda., Hudson Bay Mining and Smelting Co. Limited, Xstrata Plc, Teck Cominco Limited, Penoles, The Heritage Group, Zinc Nacional, and ZincOx Resources plc.

More Information for Horsehead Holding Corp. (ZINC):

Company Website - http://www.horsehead.net
All-in-One Message Board from TheLion - Message Boards
SEC Quarterly Filings - SEC 10-Q
SEC Annual Filings - SEC 10-K
Conference Calls from Thomson Financial - Thomson StreetEvents
Conference Call Transcripts from SeekingAlpha.com - SeekingAlpha.com Transcripts
Insider Trading and Chart from Nasdaq - Insider Purchases and Sales
Reuters Finance Info - Reuters Profile
Yahoo Finance Info - Yahoo Finance
MSN Money Info - MSN Money
Google Finance Info - Google Finance
CBS MarketWatch Info - CBS MarketWatch
Google News Search - Google News
Google Blog Search - Google Blog Search
Motley Fool - Motley Fool Caps
TheStreet.com' Stockpickr - Stockpickr Holdings
Bloomberg - Bloomberg News