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 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...
Norwegian aluminium producer Norsk Hydro ASA announced this week the successful closure of its sale of its rolling aluminium business...
Norwegian aluminium producer Norsk Hydro ASA announced last week its plans to expand a program of directly recycling aluminium from...
Norwegian aluminium producer Norsk Hydro ASA released its annual report on Friday. Despite the challenges to the global economy and...
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 […]
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 energy than the industry average. The two-year pilot program at Karmøy intended to […]
Norwegian aluminium smelter Norsk Hydro ASA announced earlier this week a partnership with British marine adventure company Arksen to produce new sustainable vessel designs featuring low-carbon aluminium. Arksen’s partnership with Hydro will give the firm access to marine-grade rolled and extruded aluminium as well as the expertise needed to produce affordable, economical solutions for maritime […]
Noting the unique situation in which the global economy has found itself in recent months, Norwegian aluminium smelter Norsk Hydro ASA updated investors as to production volumes for the past two months, detailing a more or less increase in production but showing a steep decline in sales over the period. Per the firm, production volumes […]
Norwegian aluminium producer Norsk Hydro ASA reported results for the first quarter of 2019 yesterday. The firm struggled in the quarter mainly due to a spike in raw materials costs, mandatory curtailments at Alunorte, and the cyber attack against it earlier this year. In the first quarter, Hydro posted an underlying EBIT of NOK559 million, […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...