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...
Norsk Hydro aluminium
Norsk Hydro Plans Expansion Of Its On-Site Aluminium Recycling Program
Norwegian aluminium producer Norsk Hydro ASA announced last week its plans to expand a program of directly recycling aluminium from its plants, which it hopes will further reduce its low carbon footprint and increase production by allowing for use of post-consumer aluminium...
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...
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...
Events
Norsk Hydro Partners With Arksen On New Sustainable Exploration And Research Vessel Project
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 […]
Norsk Hydro Says Production Up But Sales Down In April And May Thanks To COVID-19
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 […]
Rising Raw Material Costs And Stoppages At Alunorte Take Toll On Norsk Hydro’s Q1 Numbers
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, […]
Despite Difficulties, Norsk Hydro Is Well Positioned To Capitalize On Changing Market: Brandtzæg
In a letter penned by President and CEO Svein Richard Brandtzæg, mandatory curtailment at Alunorte and a spike in raw material costs conspired to damage Norwegian aluminium smelter Norsk Hydro ASA’s bottom line last year. Noting that Extruded Solutions was fully integrated in the firm last year and operations at Karmøy technology pilot, Brandtzæg explained […]
Norsk Hydro Announces US$100 Million Expansion To Automotive Aluminium Plant In Eastern Pennsylvania
Norwegian aluminium producer Norsk Hydro ASA announced late last week its plans to expand automotive aluminium production at a plant in Cressonia, Pennsylvania. Hydro’s expansion will consist of a new 96,000-ft2 structure next to existing buildings that will house equipment dedicated to producing aluminium for the automotive market. The US$100 million project will also upgrade […]
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 ...
