Norsk Hydro’s Husnes Aluminium Smelter Running At Full Capacity For The First Time Since 2009
Norsk Hydro ASA’s Husnes aluminium smelter reached full capacity this week, more than a decade since the plant last ran...
Hilde Merete Aasheim
Norsk Hydro Roars Back With Strong Q2 2021 Earnings
Norwegian aluminium firm Norsk Hydro ASA released results for the second quarter of 2021 yesterday. Numbers for the quarter generally reflected the improved market for aluminium, with financial markers exceeding both the prior quarter and the prior year. In the year’s second...
Hydro Completes Sale Of Aluminium Rolling Business To KPS Capital Partners
Norwegian aluminium producer Norsk Hydro ASA announced this week the successful closure of its sale of its rolling aluminium business...
Norsk Hydro’s Bauxite Production Jumps By 9 Percent In The First Quarter
Norwegian aluminium producer Norsk Hydro ASA released results for the first quarter of 2021 this week. Strong extruded aluminium demand...
Events
Norsk Hydro To Increase Hydrogen Power Use At Norwegian Plants
Norwegian aluminium producer Norsk Hydro ASA said last week that it is exploring opportunities to develop its hydrogen facilities in order to offer renewable energy sources to third parties as well as enhancing its capabilities for producing low-carbon aluminium. Hysdro’s president and CEO Hilde Merete Aasheim said in a press release that the opportunity for […]
Extruded Aluminium Buoys Norsk Hydro Financial Results In 2020
Norwegian aluminium producer Norsk Hydro ASA released its annual report on Friday. Despite the challenges to the global economy and the worldwide aluminium market, the firm reported strong results even in the face of coronavirus’s impact. For the year 2020 Hydro reported income of NOK138,118 million, down from the prior year’s income of NOK149,766 million. […]
Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM
Norwegian aluminium producer Norsk Hydro ASA said yesterday it sold its aluminium rolling business to KPS Capital Partners for €1,380 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]
Norsk Hydro And Lyse Merge Hydropower Assets Into New Joint Partnership
Norwegian aluminium smelter Norsk Hydro ASA and compatriot industrial group Lyse announced earlier this week the formation of a joint hydropower company that will be the result of a merger of the two firms’ hydroelectric assets. The new company will operate under the name Lyse Kraft DA and feature an annual power production capacity of […]
Hydro’s Fourth Quarter Results Sag Thanks To Sluggish Demand And Anemic Metals Markets
Norwegian aluminium smelter Norsk Hydro ASA released results for the final quarter of 2019 on Friday. Falling demand and weak metals prices took its toll in the period, resulting in a tepid bottom line. In the prior quarter, Hydro posted an underlying EBIT of NOK560 million. Underlying EBIT for Bauxite & Alumina fell on the […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
