Norsk Hydro

Norsk Hydro’s Bauxite Production Jumps By 9 Percent In The First Quarter

Norsk Hydro’s Bauxite Production Jumps By 9 Percent In The First Quarter

Norwegian aluminium producer Norsk Hydro ASA released results for the first quarter of 2021 this week. Strong extruded aluminium demand and a better overall price for primary aluminium helped buoy the period’s numbers. Revenue in the first quarter came to NOK31,951 million,...

Events

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 the worldwide aluminium market, the firm reported strong results even in the face of coronavirus’s impact. For the year 2020 Hydro reported income of NOK138,118 million, down from the prior year’s income of NOK149,766 million. […]

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 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]

Norsk Hydro And DNV GL Collaborate On Blockchain Product Documentation System For Low-Carbon Aluminium Offerings

Norwegian aluminium producer Norsk Hydro ASA and independent global assurance provider DNV GL announced a partnership this week to develop a blockchain system for documenting product representations regarding their low-carbon aluminium products. Hydro cited the growing demand for more sustainable products, which consequently increases the desire for accurate representations regarding the product’s origins and production. […]

Brazilian Group Sues Norsk Hydro Over 2018 Alunorte Spill

Tens of thousands of Brazilian residents have joined in a class-action lawsuit against Norwegian aluminium producer Norsk Hydro ASA for allegedly being harmed by a wastewater release in the state of Para three years ago. The suit is being brought on behalf of about 11,000 families of the Cainquiama – the Amazon Association of Mixed […]