According to a report last week, Hydro signed a new strategic collaboration agreement with the Norwegian University of Science and Technology (NTNU) to build up professional collaborations to practise more R&D on aluminium and energy.
The agreement was signed by Hydro’s President& CEO Hilde Merete Aasheim and NRNU’s chief academic and administrative officer Anne Borg, in the presence of key Hydro technologists, NTNU professors and SINTEF researchers in Trondheim.
According to Aasheim, “Hydro and NTNU both recognize the importance of ensuring long-term sustainability in accordance with the United Nations’ sustainability goals and wish to promote collaboration to enable this. We both have the shared intention to strengthen, explore and increase the cooperation in connection with Hydro's technology strategy and climate ambitions of becoming a net-zero company by 2050, and to NTNU's strategy and contribution to a sustainable future.”
Hydro and NTNU will work together on paving a path for the aluminium value chain to conveniently achieve decarbonisation, develop renewable energy production, and practise aluminium recycling. Alloy competence, product development competence, and utilisation of digital tools and technologies with more efficacies are some other areas they will jointly look into.
In the earlier year, Hydro signed a similar agreement with SINTEF, one of Europe's largest independent research organisations.
“NTNU and SINTEF are our most important collaboration partners and our most important recruitment base within the technology area. The agreement will help us strengthen our ambitions to be a more sustainable and profitable company. In practice, the key strategic discussions will be performed in groups with involvement from our research organizations. The groups we have defined so far cover Aluminium Upstream (primary production including bauxite and alumina), Aluminium Downstream (casting, recycling and extrusion) and Energy,” said Hydro’s Chief Technology Officer, Hans Erik Vatne.
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