Norsk Hydro

Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM

Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM

Norway aluminium producer Norsk Hydro ASA has agreed to sell its Kuppam extrusion plant to Hindalco for US$33 million according to announcements by both companies earlier this week. The firms say the deal is an asset sale that will incur no debt....

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Events

Norsk Hydro Posts Record High Adjusted EBITDA In Third Quarter

Norsk Hydro Posts Record High Adjusted EBITDA In Third Quarter

Norwegian aluminium producer Norsk Hydro ASA released financial and production results for the third quarter of 2021 last week. The firm delivered record results as it achieved its targets set for the quarter, thanks in large part to higher all-in prices for aluminium and alumina. Revenue for the quarter came to NOK36,710 million, up by […]

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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 burgeoning automotive and electric vehicle sector. In addition to the 12-inch extrusion press, […]

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Norsk Hydro Adding New Aluminium Casting Furnace At Sunndial Plant

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 new casting furnace at its operations at Hydro Sunndial. The casting furnace will be used to produce foundry alloys at the plant. Hydro says the new casting furnace will boost the plant’s capacity by 35 […]

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Hydro Inks Deal For LNG Supply To Alunorte Alumina Refinery

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 (NFE) to deliver liquefied natural gas (LNG) to Hydro’s Alunorte alumina refinery in Brazil. The 15-year deal is part of Hydro’s project to switch the plant’s power generation to a source with a lower carbon […]

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Norsk Hydro To Boost Aluminium Recycling Capacity By Half At Sjunnen

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 at its plant in Sjunnen by 20 thousand metric tons per annum. The expansion, which is expected to be completed next year, will increase the plant’s nameplate capacity to 62 thousand metric tons per annum. […]

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