NewsPrimary ALHydro takes a stand at the Aluminium 2014 fair
08 OCTOBER 2014Hydro Press Release

Hydro takes a stand at the Aluminium 2014 fair

Edited by : AL CIRCLE
3 min read
Hydro takes a stand at the Aluminium 2014 fair
More than 950 exhibitors from 50 nations are taking part in this week's Aluminium 2014 World Trade Fair & Conference, which is expected to attract around 25,000 visitors. “Lightweight, corrosion-resistant and infinitely recyclable, aluminium is becoming an increasingly important building block of modern society and modern life,” says Svein Richard Brandtzæg, Hydro's president and CEO.

Together with senior executives Hilde Merete Aasheim and Oliver Bell, he is present at the fair to meet customers on Hydro's stand. With a PhD in inorganic chemistry, few industry leaders in the world are as enthusiastic about the inherent properties and benefits of aluminium as Svein Richard Brandtzæg.

“From energy-neutral buildings, to fuel-efficient cars, to mobile phones and tablets – aluminium plays an important role, even more important than many of us are aware,” he says.

At the Aluminium 2014 fair, Hydro is highlighting its recent investments within aluminium casting and rolling. The project to bring a third automotive sheet line on stream at its Grevenbroich site in Germany in 2016, is on track, set to increase capacity to 200,000 tonnes a year.

“This investment is an important strategic move for us, in an era where light-weighting of vehicles is becoming increasingly important in order to reduce CO2 footprint,” says Brandtzæg.

Also within casting and recycling, Hydro is currently undergoing major investments in order to stay in the forefront of the industry. The investment in new flexible adjustable moulds technology (AFM) at the primary metal casthouses in Årdal and Høyanger, Norway, is a major step for Hydro’s sheet ingot business, supplying advanced alloys to automotive producers in Europe.

Further, a EUR 45 million investment in recycling of used beverage cans at the company’s Rheinwerk plant in Neuss, Germany, is set to strengthen Hydro’s competitive position in the beverage can segment. With the new recycling plant in operation, recycling capacity at the Rheinwerk plant will increase to 100,000 tonnes per year.

This year, Hydro will turn 109 years old. Brandtzæg says the company’s history is proof of Hydro’s long-term determination and ability to constantly renew itself.

“With more than a century of experience from developing natural resources into products that help build a modern and more viable society, Hydro can for sure say that we are one of the select few aluminium suppliers that are truly long-term and reliable,” he says.

Brandtzæg emphasizes that being part of the solution to the climate challenge is a pre-requisite for being a company for the future.

“Primary aluminium is energy-intensive to produce, but the metal’s many positive qualities in the user-phase, combined with the fact that it can be recycled over and over, gives it a compelling climate story from a life-cycle perspective. So compelling, in fact, that Hydro’s ambition is to become carbon-neutral by 2020, which is good news for us, good news for our customers, and great news for the climate.”

Unlock full access – sign up for FREE.

Key benefits

Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN

Grow with
AL Circle

KNOW MORE

Responses

E-magazines

VIEW ALL
Aluminium extrusions

Turn marketplace visibility into more relevant buyer enquiries.

Boost Your Listing

Business Cards

FEATURED

VIEW ALL