Norsk Hydro aluminium

Despite Difficulties, Norsk Hydro Is Well Positioned To Capitalize On Changing Market: Brandtzæg

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...

Events

Alunorte, Paragominas, And Albras Outages Pummel Norsk Hydro’s Q2 Numbers

Norsk Hydro reported numbers for the second quarter on Tuesday. The firm’s numbers suffered thanks to outages at key plants and increased cost of raw materials, but losses were mitigated somewhat by a rise in metal prices and gains in downstream and energy businesses. In the second quarter this year, Hydro mined 1,348 thousand metric […]

Low-carbon Aluminium Boosts Industry’s Green Credentials

Global warming remains one of the leading critical global issues – emphasised in the last Paris accord and this month’s COP23 summit in Bonn. The carbon equivalent (CE), as a measure of how much CO2 is produced by any activity, is now accepted as a crucial major index of environmental performance, not least for the […]

Norsk Hydro’s Q4 Numbers Up Thanks to Improved Aluminium, Alumina Prices

Norway’s Norsk Hydro ASA released results for the fourth quarter and the full year of 2016 yesterday. The firm credits higher numbers for the quarter to higher prices for aluminium and alumina. Hydro’s revenue for the quarter was NOK21.250 million, up five percent quarter-on-quarter from the third quarter’s total of NOK20.174 million. Earnings before financial […]

Norsk Hydro Inks Agreement to Pursue Use of LNG at Brazil’s Alunorte Refinery

Norsk Hydro and the Brazilian state of Pará have entered into a Letter of Intent, and Hydro and Shell Brasil Petróleo LTDA have signed a Memorandum of Understanding, both of which are aimed at transitioning the fuel supply for the Alunorte aluminium smelter from fuel oil to liquefied natural gas (LNG). The Letter of Intent […]