Egil Hogna

Sales Of Low-Carbon Aluminium Expected To Double In 2020: Norsk Hydro

Sales Of Low-Carbon Aluminium Expected To Double In 2020: Norsk Hydro

Norwegian aluminium smelter Norsk Hydro ASA forecasts a doubling in the sales of its low-carbon aluminium over the course of the coming year, with even greater gains beyond that. Such was the message delivered by a company executive who spoke with Reuters...

Events

Arconic Deals Two Brazilian Extrusion Plants to Norsk Hydro for US$10 Million

Norwegian aluminium firm Norsk Hydro A.S.A. announced yesterday that its subsidiary Hydro Extruded Solutions AS has come to an agreement with U.S. value-added aluminium firm Arconic to purchase the latter’s twin aluminium extrusion plants in southern Brazil. Hydro said the US$10-million deal will enhance the firm’s operations in the country. The two plants, located in […]

Norsk Hydro Closes On Purchase of Remaining Interest in Sapa from Orkla

Norsk Hydro A.S.A. announced yesterday that it has completed the acquisition of the remaining shares of Sapa AS, making it the full owner of the firm. The two firms agreed upon an enterprise value for the entirety of Sapa’s operations of NOK27 billion (US$3.37 billion). Adjusted for net debt and normalized working capital, Hydro tendered […]