Norsk Hydro Secures US$210 MM Loan To Support Brazil Solar Power Plant
Norway’s aluminium titan Norsk Hydro ASA said this week that its subsidiary Hydro Rein’s joint venture with Atlas Renewable Energy...
Norsk Hydro
Norsk Hydro Teams Up With World Wide Wind On Offshore Wind Turbine Project
Norwegian aluminium producer Norsk Hydro ASA and compatriot floating wind turbine producer World Wide Wind AS have agreed to collaborate on the use of aluminium in renewable wind industry. Ultimately the partnership hopes to yield a design for a floating wind turbine...
Norsk Hydro Invested NOK3 Billion In Green Transition Projects In Last Two Years
Norway’s aluminium titan Norsk Hydro ASA said this week that it has invested NOK3 billion (US$306 million) in five of...
Norsk Hydro Lucé Aluminium Recycling Plant Obtains First Certification For Production Of CIRCAL
Norway’s aluminium titan Norsk Hydro ASA announced earlier this week that its plant in Lucé, France has become the first...
Events
Norsk Hydro Teams Up With Mercedes-Benz On Low-Carbon Technology Roadmap
Norway’s aluminium titan Norsk Hydro ASA has been chosen by Mercedes-Benz to collaborate on a common low-carbon technology roadmap beginning next year and running through the end of this decade. Hydro said the two firms will work on a joint-technology roadmap to develop aluminium solutions for the automotive sector that will have a CO2 footprint […]
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, which includes its Denmark plant that will be receiving an automotive press of […]
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 Hueck’s building systems and extrusion business in Germany. According to the firm, the deal has an enterprise value of €60.3 million after adjusting for net debt and normalized working capital. Hydro says the purchase will […]
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 sustainability-linked bonds, split into two equal tranches. Per the firm, Hydro divided the placement into 6-year NOK 1,500 million with a floating rate of 3m Nibor + 2.000% p.a., and 6-year NOK 1,500 million with […]
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 for the acquisition and development of two solar power projects in Denmark. According to Hydro, the two projects are in the early stages of development and are scheduled to begin construction in 2024. Ultimately the […]
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 ...
