Property, Plant and Equipment

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Property, plant and equipment consist of the following:


(In thousands)	September 30 2022		December 31 2021
Land	$	72,593	$	73,067
Land improvements	16,404		16,970
Buildings and improvements	212,157		221,236
Machinery and equipment	1,441,669		1,507,214
Uncompleted construction	73,645		63,816
Gross property, plant and equipment	1,816,468		1,882,303
Less: Accumulated depreciation	(1,186,573)		(1,228,390)
Property, plant and equipment, net	$	629,895	$	653,913

In the third quarter of 2020, a customer of the Harsco Environmental Segment in China ceased steel making operations at its steel mill site in order to relocate the operations to a new site, as a result of a government mandate to improve environmental conditions of the area. The Company continues to provide services to the same customer at the new site. The net book value of the idled equipment associated with the previous location is approximately $18 million. The customer has entered into an agreement with the government where it will receive compensation for the losses the customer has incurred as a result of the forced shutdown. The Company has continued discussions with the customer regarding compensation, which are expected to be protracted. While the customer has initially indicated that they will not provide compensation, the Company and the customer continue to discuss and the Company is evaluating its legal position. In addition, there may be other avenues of pursuing recovery, including seeking relief directly from the local government. Considering the ongoing discussions with the customer, and other available avenues, the Company believes it will recover the book value of the equipment and thus does not believe it has an asset impairment as of September 30, 2022. The Company continues to evaluate changes in facts and circumstances and will record any impairment charge, when and if indicated.