Sapa AS

Norsk Hydro Sells Hydro Precision Tubing Lichtervelde To Aurelius Group

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...

Events

Norsk Hydro Acquires Remainder of Sapa from Orkla for US$3.2 BN

Norway’s Norsk Hydro ASA announced an agreement yesterday with compatriot Orkla Group to purchase the firm’s 50-percent interest in Oslo’s Sapa AS, making Hydro the full owner of the largest aluminium extrusion-based solutions company in the world. Hydro tendered Orkla NOK27 billion (US$3.2 billion) for the latter’s half of the venture as part of a […]

Sapa Partners with Austria’s Getzner to Develop Quieter Floor for Passenger Rail Cars

Norway’s Sapa AS and Austria’s Getzner Werkstoffe GmbH announced the development of a “floating floor” for passenger trains. The floor is designed to increase rider comfort and will be marketed for sale in the near future. The product in question is a thin-walled floating floor that reduces noise and vibration. Sapa contributes the elastic bearing […]

Sapa Partners with Chargestorm to Manufacture Sustainable Chargers for Electric Vehicles

Norway’s Sapa AS and Sweden’s Chargestorm announced an agreement today whereby the former provides aluminium profiles for wall-mounted chargers made by the latter. The product, developed jointly between the two firms, is meant to capitalize on the ever-expanding electric vehicle market in Europe. According to PwC, the European electric vehicle market is to grow by […]

Norsk Hydro’s Q3 Numbers Slightly Down

Norsk Hydro released results for the third quarter of 2016 yesterday. Numbers were off largely thanks to a seasonal decline in sales and negative currency effects. The firm’s underlying EBIT was lower quarter-on-quarter, totaling NOK1.477 million, down from NOK1.618 million in Q2. Underlying EBIT was down for Bauxite & Alumina, Primary Metals, Rolled Products, Energy, […]

Sapa Develops Lighter Automotive Brake Line Using Aluminium Alloy

Norway’s Sapa AS has developed a revolutionary new automobile brake line using a high-strength aluminium alloy. The new system, which was announced yesterday, will be officially debuted at IZB in Wolfsburg, Germany later this month. “The entire industry is on a mission to reduce weight in cars as a key to lowering emissions,” explained innovation […]