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...
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...
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...
Norwegian aluminium smelter Norsk Hydro ASA announced last week the successful verification of its new proprietary energy-saving primary aluminium technology...
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, […]
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 […]
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 […]
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 ...