Norsk Hydro To Add New Aluminium Scrap Recycling Capacity To Eastern Pennsylvania Plant
Norwegian aluminium producer Norsk Hydro ASA announced this week yet another capex project, this one a NOK500 million (US$51 million)...
Norsk Hydro
Hydro Closes Deal With Elkem And Altor For Sustainable Battery Materials Firm Vianode
Norwegian aluminium producer Norsk Hydro ASA announced yesterday the closing of a deal with Norwegian advanced material solutions provider Elkem and Altor Equity Partners for a stake in sustainable battery materials manufacturer Vianode. Hydro announced the deal this spring, which has Hydro...
Workers Go On Strike At Hydro Sunndal Aluminium Plant
Negotiations between the union representing Norwegian aluminium producer Norsk Hydro ASA’s labor force at Hydro Sunndal and plant management broke...
Norsk Hydro To Shutter Slovalco Aluminium Plant Due To High Power Prices
Norwegian aluminium producer Norsk Hydro ASA announced this week the closure of its Slovalco aluminium plant in Slovakia due to...
Events
Norsk Hydro’s Utah Aluminium Extrusion Plant Becomes First US Facility Powered Entirely By Renewable Resources
Norwegian aluminium producer Norsk Hydro ASA said this week that its aluminium extrusion plant in the Southwest United States will become the first American facility to be powered entirely by renewable energy. The firm said in a press release that its Spanish Fork, Utah plant inked an eight-year deal with the city government and the […]
Norsk Hydro To Add New Aluminium Scrap Recycling Capacity To Eastern Pennsylvania Plant
Norwegian aluminium producer Norsk Hydro ASA announced this week yet another capex project, this one a NOK500 million (US$51 million) expansion of its aluminium recycling plant in Cressona, Pennsylvania. Per the firm, the 50 thousand metric ton per annum expansion of the plant is expected to be completed towards the end of 2024. The new […]
Norsk Hydro Plans US$15 MM Expansion To Aluminium Remelting Plant In NW Kentucky
Norwegian aluminium producer Norsk Hydro ASA announced a planned US$15 million expansion of its aluminium remelting facility in Henderson, Kentucky last week. Hydro said in a press release that the capital expenditure would allow the plant to produce advanced aluminium alloys intended for the automotive industry. Among the aluminium products to be produced at the […]
Norsk Hydro Releases New Green And Sustainability Linked Financing Framework
Norwegian aluminium producer Norsk Hydro ASA published its new guidelines for green and sustainability-linked financing earlier this week as part of the firm’s wider commitment to sustainability. Per the firm, the new guidelines align with the International Capital Market Association’s green bond principles and sustainability linked bond principles and the Loan Market Association’s green loan […]
Norsk Hydro To Partner With Equinor And Scatec On US$430 MM Solar Power Project In Brazil
Norwegian aluminium producer Norsk Hydro ASA’s subsidiary Hydro Rein is partnering with renewable energy firms Equinor and Scatec to build a solar power project that will provide power to the world’s biggest alumina refinery in Brazil. Hydro has signed a 20-year agreement with the companies that will have them cooperate in building the 531-megawatt plant […]
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 ...
