Norsk Hydro

Norsk Hydro Planning New Aluminium Extrusion Press For Suzhou Plant

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...


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 […]