Eivind Kallevik

Norsk Hydro Announces Successful Test Of Energy Saving Aluminium Smelting Tech

Norsk Hydro Announces Successful Test Of Energy Saving Aluminium Smelting Tech

Norwegian aluminium smelter Norsk Hydro ASA announced last week the successful verification of its new proprietary energy-saving primary aluminium technology at Technology Pilot at Karmøy, Norway. Per the firm, HAL4e is capable of producing primary aluminium using up to 15 percent less...

Events

Norsk Hydro Places US$725 Million in New Bonds

Norwegian aluminium smelter Norsk Hydro A.S.A. announced yesterday the successful placement of approximately US$725 million in senior unsecured bond issues. According to the company, the bond issue is divided into five parts: SEK1 billion (US$119 million) in two-year fixed-rate notes with a coupon of 0.125% per annum and a reoffer yield of 0.18%, SEK1 billion […]

Norsk Hydro to Sell Herøya Facilities to Yara

Oslo’s Norsk Hydro ASA announced on Friday that it entered into an agreement with fellow Norwegian firm Yara International ASA for the sale of Herøya Nett AS and the quay facility at Herøya Industrial park. According to Hydro, the sale of Herøya Nett and the thirty employees who work there will close in June. No […]

Norsk Hydro Names Silvio Porto EVP of Bauxite and Alumina

Norsk Hydro announced yesterday that Silvio Porto has been appointed the new Executive Vice President Bauxite and Alumina and has been added as a member of Hydro’s Corporate Management Board. The nomination took effect yesterday as well. Porto, who is a native of Belém, the capital and largest city of the Brazilian state of Pará, […]

Norsk Hydro Announces Change in its Corporate Management Board

Norsk Hydro ASA announced yesterday that Executive Vice President and Head of Hydro’s business area Bauxite & Alumina Alberto Fabrini left the firm effective yesterday. He was replaced by Eivind Kallevik on an interim basis until Fabrini’s permanent successor is found. Fabrini joined Norsk Hydro in the autumn of 2013 after an eight-month stint as […]