Hydro Inks Deal For LNG Supply To Alunorte Alumina Refinery
Norwegian aluminium firm Norsk Hydro ASA announced last week the signing of a new, multi-year contract with New Fortress Energy...
Norsk Hydro
Norsk Hydro Adding New Aluminium Casting Furnace At Sunndial Plant
Norwegian aluminium firm Norsk Hydro ASA announced this week a plan to invest NOK60 million (US$6.9 million) to install a new casting furnace at its operations at Hydro Sunndial. The casting furnace will be used to produce foundry alloys at the plant....
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...
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...
Events
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 Teams Up With Eolus To Purchase Wind Power Project
Norwegian aluminium producer Norsk Hydro ASA’s dedicated renewables company Hydro REIN and Sweden’s wind power firm Eolus signed an agreement last week to purchase Enercon GmbH’s Stor-Skälsjön wind power project. Financial terms of the deal were not revealed. Hydro REIN will hold a 49-percent share, while Eolus would hold 51 percent of the project, which […]
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. […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
