Hydro Energi and Statkraft have signed a long-term power purchase agreement (PPA) securing an annual electricity supply of 876 GWh from 2031 to 2040. The agreement will provide Hydro with around 8.8 TWh of power during the contract period, with deliveries planned in Norway’s electricity price area...
The future of Bell Bay Aluminium smelter in Tasmania remains dependent on the outcome of negotiations over its electricity supply agreement. Federal Industry Minister of Australia Tim Ayres has stopped short of committing federal funding similar to the support extended to the Tomago aluminium...
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On December 19, 2022, the world's leading industrial company committed to a sustainable future, Norsk Hydro and two partners stated that they plan to build an onshore wind farm costing between 3 and 4 billion Norwegian crowns ($304 million-$405 million) in Norway's west coast. If permitted, the...
The advent of the Paris Agreement in 2015 made it very clear to the energy-intensive industries of the world that it was high time to curb their carbon emissions. Factories and refineries were warned about the severe effects of carbon earlier, but with this agreement, the entire world came to...
Last week the recycling sector witnessed high potential initiatives, with Hydro announcing the low-carbon aluminium supply deal with Mercedes-Benz for the making of the German auto giant’s range of models from 2023. Pondy Oxides and Chemicals Limited have begun recycling and melting aluminium at...
Guangdong Hoshion Aluminium, a Chinese company, specialising in the design, development, manufacture, and sale of industrial aluminium extrusion products, signed a strategic partnership agreement with Contemporary Amperex Technology (CATL) to conduct extensive collaboration in the area of...
On December 15, 2022, while distributing dividend Norsk Hydro, the Norwegian aluminium maker, stated that it would slash more costs and raise its capital expenditure (Capex) in 2023. On the plus side, Hydro anticipated rising industrial demand for aluminium produced with fewer emissions and reduced...
On December 15, 2022, the luxury automotive giant Mercedes-Benz and global leader in low-carbon aluminium production, Norsk Hydro, announced that latter will supply the German automaker with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury...
NKT, a global supplier of turnkey solutions for AC/DC cables, has kept the torch burning with its relentless contribution to making lower carbon footprint products and solutions. Recently it has allocated its Falun facility in Sweden to create and install low-carbon aluminium and polyolefin 1 kV...
The leading Norwegian aluminium company committed highly to a sustainable future, Norsk Hydro, reported investment in a new automotive press in Hungary. Earlier in 2022, Hydro announced the investment in Denmark's automotive press network, including the new press. Hydro Extrusions is a...
Dedicated to maximising the contribution of aluminium to a sustainable society, Aluminium Stewardship Initiative (ASI) is an international multi-stakeholder and non-profit organisation which aims to promote sustainability along the whole value chain for aluminium. They have established specific...
Hydro has signed an agreement with the Germany-based family-run building systems and extrusions enterprise, Hueck, with an investment plan of almost ₹60.3 million. This ownership might elevate Hydro's position in the German and European aluminium extrusion market while promoting their combined...
Sustainability, or the urge to shift towards a greener environment, has become the need of the hour. Top companies and individuals, including the aluminium sector, are leaving no page unturned to shift towards this greener industry. Aluminium, also known as green metal, is considered one of the...
Lightweight, strong, durable, and infinitely recyclable, aluminium is a sustainable metal of choice. As the world strives to achieve an energy-efficient future, aluminium continues to provide innovative solutions to businesses and consumers, offering the benefits of a circular economy to the...
According to the government's official accounts, the Scottish Government spent £350 million on unsuccessful deals and endeavours during the most recent fiscal year. Recent Scottish Government Consolidated Accounts reveal that a significant amount of money was squandered on failed projects despite...
Rio Tinto has sanctioned laying a second tunnel providing water to its hydroelectric generating station at Kemano, almost 75 kilometres southeast of Kitimat. This new 16km-long tunnel aligned via Mt. Dubose will open a second source of water for Rio Tinto's B.C. Works aluminium smelter in Kitimat....
Sustainability, or the urge to shift towards a greener environment, has become the need of the hour. Top companies and individuals, including the aluminium sector, are leaving no stone unturned to shift towards a greener industry. Aluminium as a metal generates around 1.1 billion tonnes of carbon...
Technal, one of the world’s leading providers of aluminium building systems for doors, windows and facades in France and a part of the Norwegian aluminium and renewable energy giant Norsk Hydro announced the launch of ‘Hydro CIRCAL’ in Saudi Arabia. The sixth edition of “World of Technal: Seminar...
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...
Optima Systems is an industry leader in making commercial partitions. Starting from November 1; it will use Hydro CIRCAL as a raw material for producing its glass and aluminium partitions, and doors. Hydro CIRCAL runs a monopoly in the UK market where no other product can match its specifications....
