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Timken To Provide Site for New Recycling Facility

26 January 1998

Timken To Provide Site for New Recycling Facility

    CANTON, Ohio, Jan. 26 -- The Timken Company has
entered a tentative agreement with Phoenix Environmental Ltd. (PEL) to develop
a byproduct processing facility near its Faircrest Steel Plant in Canton,
pending final Ohio EPA approval.  The facility will employ a newly patented
process to convert byproducts of the steel and bearing manufacturing process
to industrial raw materials.
    "This recycling technology breakthrough will greatly minimize our need for
byproduct disposal and pioneer an alternative waste disposal system for the
industry," said Karl Kimmerling, group vice president - alloy steel.  "The
project continues our long-standing commitment to the environment and to being
a good corporate citizen in the communities where we have manufacturing
operations."
    Timken is the first company to employ the patented PEL technology.  The
operation will convert byproduct of the manufacturing process, such as
electric arc furnace dust, metal grindings, and scale from the pickling
process, to magnetite, which is a form of iron oxide.  This fully recyclable
magnetite can be sold as a raw material to industrial manufacturers of
blasting media, shingle granules, pigments and colorants for paint and
concrete, and filler additives for plastics.
    "Initially, the system will process byproducts from many of our U.S.
bearing and steel plants," said Ken Grigsby, manager - utilities and
environment - steel.  "It offers us a cost-efficient method of virtually
eliminating hazardous waste."  Mr. Grigsby will lead the Timken team that
assists PEL in implementation of the project.
    This new PEL-Canton facility is the latest project in a long history of
pioneering environmental work that dates back to 1920 when The Timken Company
built its first waste treatment facility.  Most recently, the company was
honored with the Ohio Governor's award for outstanding achievement in
pollution prevention for implementing projects that reduced annual hazardous
releases by more than 4.1 million pounds and solid waste by more than 32
million pounds.
    The Timken Company (http://www.timken.com) is a leading international
manufacturer of highly engineered bearings and alloy steels.  The company
employs about 21,000 people worldwide and reported 1997 sales of more than
U.S. $2.6 billion.

SOURCE  Timken Company