Hydro to invest NOK60 million for aluminium foundry alloy production at Sunndal

On Monday, October 4, Hydro announced its decision to invest NOK60 million in a new casting furnace for the aluminium foundry alloy production at its largest and most modern primary aluminium plant in Sunndal.

The company expects this investment to increase the production capacity of special alloys by 35,000 tonnes a year and improve the flexibility to switch between products, making the plant more robust in a cyclical market.

The project will start immediately and is likely to be completed by Q1 2023.

Plant Manager at Sunndal, Roar Ørsund, said: “We are pleased with this decision, which strengthens Hydro Sunndal's flexibility in the market and promotes greater consumption of low-carbon aluminum. A customer example we are pleased with is that aluminum from Sunndal will be used in Google's new office building in New York. Like Google, we experience that more and more customers are looking to use sustainable materials, and the use of low-carbon aluminum from Sunndal now helps customers achieve their sustainability ambitions.”

Ola Saeter, Head of Primary Aluminium Production in Hydro, commented: “The demand for metals and materials produced with renewable energy is increasing and this offers great opportunities for Norwegian industry. Hydro has high ambitions for growth in Norway and investments in Sunndal are an important step in implementing our strategy that will strengthen our market position in premium low-carbon aluminum.”