Norwegian aluminium firm Norsk Hydro ASA announced this week plans to invest €11.3 million to increase the aluminium recycling capability at its plant in Sjunnen by 20 thousand metric tons per annum.
The expansion, which is expected to be completed next year, will increase the plant’s nameplate capacity to 62 thousand metric tons per annum. Hydro says the continuing rise in demand for low-carbon aluminium profiles from Hydro Extrusions clients prompted the move.
Also factoring in is the ease of accessibility of recyclable aluminium, as transporting scrap aluminium long distances only increases its carbon footprint.
Hydro restarted production at the Sjunnen plant earlier this year, and the increase in capacity at the site will aid it in ramping up production of its low-carbon aluminium offerings RESTORE and REDUXA.
Jonas Bjuhr, Managing Director Hydro Extrusions Sweden, said in a related press release that the recycling efforts at Sjunnen are an integral part of its low-carbon aluminium plans.
“By using more process scrap and end-of-life aluminium from local industries and our own extrusion plants in Vetlanda and Finspång, we can supply more low-carbon aluminium to the local market. The recycling casthouses have an important role to fill in the transition toward a greener economy.”
Hydro plans to cut its carbon emissions by almost a third by the end of the decade, and increasing aluminium recycling capacity is one avenue the firm is taking to that end.
Norsk Hydro, which was founded in 1905, financed by the Swedish Wallenberg family and French banks, began its life named Norsk hydro-elektrisk Kvælstofaktieselskab (literally, “Norwegian hydro-electric nitrogen limited”) by Sam Eyde. The Norwegian government owns approximately 40% of the company at the present time. Norsk Hydro is one of the largest aluminium companies in the world, with plants in Rjukan, Raufoss, Vennesla, Karmøy, Høyanger, Årdal, Sunndalsøra, and Holmestrand. Norsk also has several plants abroad, including in Germany and Brazil.