Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in...
Norsk Hydro aluminium
Norsk Hydro Plans New Aluminium Recycling Plant For Southwest Michigan
Norwegian aluminium firm Norsk Hydro ASA announced this week its intention to build a state-of-the-art aluminium recycling plant in Cassopolis, Michigan. The plant is expected to have a nameplate capacity of 120 thousand metric tons of recycled aluminium per annum and employ...
Norsk Hydro Planning New Aluminium Extrusion Press For Suzhou Plant
Norwegian aluminium firm Norsk Hydro ASA announced this week its plans to install a new extrusion press at its aluminium...
Norsk Hydro To Boost Aluminium Recycling Capacity By Half At Sjunnen
Norwegian aluminium firm Norsk Hydro ASA announced this week plans to invest €11.3 million to increase the aluminium recycling capability...
Events
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 quarter Hydro reported revenues of NOK34,559 million, better slightly on the quarter and […]
Norsk Hydro Sells Hydro Precision Tubing Lichtervelde To Aurelius Group
Norwegian aluminium smelter Norsk Hydro ASA announced earlier this week the sale of its subsidiary Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group. The move is part of the firm’s wider strategy of restructuring its Hydro Extrusions business area. The firm said that the sale would likely close by the end of the quarter. No […]
Norsk Hydro Inks Agreement On Aluminium Recycling Plant In SW Michigan
Norwegian aluminium producer Norsk Hydro ASA announced that its subsidiary Hydro Aluminium Metal has signed a Letter of Intent (LoI) to build a new US$120-million aluminium recycling plant in southwest Michigan. The firm said in a press release that the plant will convert aluminium scrap into aluminium ingot for use in the automotive, transportation, and […]
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 at its nameplate capacity of 195 thousand metric tons per annum. Dignitaries and officials from Hydro and the nearby municipality of Kvinnherad were on hand to mark the occasion. The plant has run at partial […]
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 to KPS Capital Partners. The sale included seven plants, a research and development center, several sales offices around the world, and about 5,000 employees, most of whom are outside of Norway and located in Germany. […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
