Norsk Hydro Acquires Hueck’s Aluminium Extrusion Business In Germany
Norway’s aluminium titan Norsk Hydro ASA announced this week that it has acquired aluminium window, door, and façade systems producer...
Norsk Hydro
Norsk Hydro To Invest €35.7 MM In New High-Strength Automotive Aluminium Press In Hungary Plant
Norway’s aluminium titan Norsk Hydro ASA announced an investment of €35.7 million in a new high-strength aluminium press at its plant in Szekesfehervar, Hungary this week. Per the firm, the new automotive aluminium press will join Hydro’s network of automotive aluminium production,...
Norsk Hydro Places NOK3,000 MM New Sustainability-Linked Bonds
Norway’s aluminium titan Norsk Hydro ASA announced the successful placement this week of NOK3,000 million (US$302.7 million) new senior unsecured...
Norsk Hydro To Partner With Commerz Real On 1 GW Solar Power Project
Norway’s aluminium titan Norsk Hydro ASA’s subsidiary Hydro Rein and Commerz Real have announced plans to form a joint venture...
Events
Norsk Hydro Joins Chorus Of Aluminium Smelters Seeking Sanctions On Russian Aluminium
Norway’s aluminium titan Norsk Hydro ASA called for sanctions on Russian aluminium from the United States and the European Union yesterday, citing the spike in energy costs and the unfair advantage that gives Russian aluminium producers who are not experiencing the same. Roughly half of the aluminium smelting capacity in Europe has been axed in […]
Norsk Hydro Constructing Solar Fence at German Aluminium Extrusion Plant
Norwegian aluminium producer Norsk Hydro ASA announced this week an investment in a 426-meter solar fence at its Offenburg extrusion plant in Germany. According to the firm, the fence is the first of its kind in Germany to be built with a photovoltaic system attached to it. Once installed, Hydro expects that the fence will […]
Hydro Begins New Bauxite Mining Front At Paragominas With BRL590 MM Capital Investment
Norwegian aluminium producer Norsk Hydro ASA announced a planned BRL590 million (US$110.7 million) investment in its Miltônia 5 (M5) project at Paragominas bauxite mine in Brazil. Noting the significant positive contribution the Paragominas bauxite mine has provided the local community, Hydro says the investment will kick off a new mining front at the mine that […]
Norsk Hydro To Cut Up To 113k Metric Tons Per Annum In Aluminium Billet At Karmøy And Husnes
Norwegian aluminium producer Norsk Hydro ASA announced a partial curtailment in the production of aluminium billet at Hydro Karmøy and Hydro Husnes in Europe due to a drop in demand for it on the continent. Altogether, Hydro plans a curtailment of between 110 thousand and 113 thousand metric tons per annum. Portions of that cut […]
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 and Altor purchasing 30 percent each of Vianode, and Elkem buying the remaining […]
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 ...
