Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds

Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds

Norway’s aluminium titan Norsk Hydro ASA announced the successful placement this week of NOK3,000 million (US$302.7 million) new senior unsecured sustainability-linked bonds, split into two equal tranches. Per the firm, Hydro divided the placement into 6-year NOK 1,500 million with a floating...


Aluminium Stewardship Initiative Certifies Stemin S.p.A.’s Scrap Recycling Program For Sustainable Production

The Aluminium Stewardship Initiative (ASI) this week certified Italian scrap aluminium recycling and remelting firm Stemin S.p.A. under its Performance Standard V2 (2017) Certification for sustainable aluminium production. The ASI certified Stemin’s (41) Stemin S.p.A., (K4) Stemin S.p.A. and RADIATORI 2000 S.p.A. for production and sale of aluminium alloy ingots produced from scrap aluminium. Stemin’s […]

Novelis Breaks Ground On US$50MM Aluminium Recycling Center In South Korea

Atlanta’s rolled aluminium firm Novelis Inc. began construction on a new US$50 million recycling center in the Republic of Korea (South Korea) this week. The groundbreaking at the construction site in Ulsan was attended by several officials from local government jurisdictions as well as representatives from Novelis. The recycling plant, which is being built by […]

Ball Expands Aluminium Cup Line Due To Consumer Demand

Colorado consumer product packaging firm Ball Corporation last week announced that its Ball Aluminum Cup is now available in 9- and 12-ounce sizes. The Ball Aluminum Cup, which is available for food service customers, is made from 90 percent recycled content, which is the highest recycled content rate of any beverage packaging in its category. […]

AMAG Bags Second Consecutive Sustainability Award From ATX Prime Market

Last week, Austrian metals firm AMAG Austria Metall AG won its second “Effective Sustainability Communicator Award” from ATX Prime Market due to its holistic and transparent sustainability reporting. This is the second year in which the award has been given. Almost 40 companies trading on the Austrian ATX Prime Standard were analyzed to determine a […]