Europe

Norsk Hydro Says Production Up But Sales Down In April And May Thanks To COVID-19

Norsk Hydro Says Production Up But Sales Down In April And May Thanks To COVID-19

Noting the unique situation in which the global economy has found itself in recent months, Norwegian aluminium smelter Norsk Hydro ASA updated investors as to production volumes for the past two months, detailing a more or less increase in production but showing...

Egil Hogna To Depart Norsk Hydro Upon Successor’s Appointment

Norwegian aluminium smelter Norsk Hydro ASA announced yesterday the departure of executive vice president Egil Hogna at the end of the year. The Oslo native joined Hydro upon its full acquisition of Sapa Group in 2017, becoming the head of its Extruded Solutions business group. Hogna said he would remain in office until either his […]

Lotte Aluminium To Build Anode Foil Plant In Hungary

South Korean packaging firm Lotte Aluminium announced earlier this week its plans to construct an aluminium anode foil production plant in Hungary. Per the firm, the ₩110 billion (US$90.6 million) plan will involve the construction of an industrial complex in Tatabanya, Hungary to be completed by mid-2021. The plant will produce aluminium anode foils for […]

CNIA Denies Aluminium Dumping Allegations, Citing Better Tech And “Internal” Factors In Europe

The People’s Republic of China’s aluminium trade group denied dumping allegations by their counterparts in the European Union, responding in a statement that it is being unfairly punished for “internal” factors occurring at the complaining companies. “China’s aluminum extrusion products have not caused damage to the EU’s relevant industries and there is no dumping in […]

European Commission Launches Anti-Dumping Investigation Targeting Chinese Aluminium Extruders

Late last week the European Commission announced that it has begun an official inquiry into allegations that aluminium extrusions producers from the People’s Republic of China are dumping their product on the continent’s market, thereby undercutting local producers. The Commission issued the notice on Friday as part of its regularly-published journal. The EC’s investigation is […]