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...
Norsk Hydro
Norsk Hydro Planning New Aluminium Extrusion Press For Suzhou Plant
Norwegian aluminium firm Norsk Hydro ASA announced this week its plans to install a new extrusion press at its aluminium plant in Suzhou, China. The new NOK390 million (US$45.8 million) press will position the plant to better serve its customers in the...
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 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...
Events
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 reflected the improved market for aluminium, with financial markers exceeding both the prior quarter and the prior year. In the year’s second quarter Hydro reported revenues of NOK34,559 million, better slightly on the quarter and […]
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 […]
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 ...
