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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In Cassopolis, Michigan, Hydro has begun building of a state-of-the-art aluminium recycling factory. Production will begin in 2023 with a workforce of about 70 people. The mill will produce 120,000 tonnes of low-carbon aluminium extrusion ingot per year once it is fully operational. A total of USD...
The shortage of aluminium cans due to supply constraint continues to worry local breweries. Local brewers have been straining to cope with the shortage since the epidemic. North 5th Brewery Co., a craft brewery in Las Vegas, is unable to increase its output. Apart from this, Belgorod State...
Hem, a Stockholm-based independent design firm recognised for producing sustainable furniture, accessories, and lighting, will debut its aluminium shelf system based on extruded aluminium profiles and Hydro EcoDesign's sustainability principles. The shelf is composed of Hydro RESTORE, which is...
The global green energy provider, Fortescue Future Industries claimed there won’t be a scarcity of electricity anymore since green hydrogen power generation in Southland will increase and ultimately the need to raise household bills won’t appear. FFI leads their customers by developing a portfolio...
The Aluminium Stewardship Initiative (ASI) has certified each of Hydro's three extrusion operations in Brazil, based on ASI's Performance Standard. The ASI-certified extrusion factories in Brazil are Itu (SP), Tubaro (SC), and Utinga (SP). The factories employ roughly 900 workers in total. ASI...
On February 19 2022, due to an internal power distribution breakdown, one of the four production lines of Hydro's part-owned main aluminium facility in Brazil, Albras, was shutdown. However, as of April 8 2022, the aluminium facility will be restarted. As a result of the breakdown, one potline, the...
The Egyptian market welcomed back Technal®, the French brand at the “Technal® World: Sustainability and Building Envelopes" conference held in Cairo this week, to mark the launch of Hydro CIRCAL. With a range of excellent and unique products and collaborations, Technal® is a pioneer provider of...
The global aluminium sector has been in highlights again due to the Ukraine-Russia stand-off. In 2021 the aluminium industry countered Covid pandemic challenges following the coup in Guinea, the leading bauxite exporter in the world. This did not end soon, but new difficulties aroused like a surge...
Norsk Hydro ASA, a Norwegian aluminium manufacturer, has secured a US$200 million sustainability-linked loan to assist its transition from heavy oil to natural gas, a more sustainable fuel that will help meet its greenhouse gas reduction objectives. Hydro Alunorte, located in the city of Barcarena,...
Hilde Merete Aasheim is the President & CEO of Norsk Hydro. A Norwegian aluminium and renewable energy company, Norsk Hydro ASA is headquartered in Oslo. It is one of the largest aluminium companies worldwide, with operations across 50 countries. Starting from bauxite and alumina, Hydro produces...
The Russia-Ukraine crisis and increased number of sanctions on Russia had put the aluminium sector under pressure, calling into question the fate of the industry. As a result of which companies like Norsk Hydro ASA of Norway, Novelis Inc. and Matalco Inc. of Canada are expanding their operations in...
The Bergen-based shipping company Silver Sea owned cargo fleet Silver Dania, which sails under the Norwegian flag, is carrying 4000 tonnes of Russian made aluminium from St. Petersburg to arrive at Karmoy, Norway, as confirmed by Kristin Karlstad, the Head of Communication & Public Affairs at Hydro...
As part of the commitment to become carbon neutral by 2050, Hydro has reportedly brought in a change in the use of energy by inaugurating the operation of a new electric boiler, equipped with more modern technology and greater capacity, at its Alunorte alumina refinery. The boiler will be able to...
The Norwegian aluminium and renewable energy giant, Norsk Hydro has declared that it will not sign any fresh agreements with the Russian organisations. Hydro said, “The decision has been taken due to the Russian invasion of Ukraine, and sanctions imposed on Russia by the EU and the international...
On 22 nd February 2022, the Norwegian aluminium giant, Norsk Hydro has announced that it has picked up a minority stakeholding in the US carbon capture firm Verdox for $20 million and projects to utilize its technology at aluminium smelters in a drive to down emissions. The leading aluminium...
Norsk Hydro, a Norwegian aluminium producer, posted record quarterly and yearly earnings on Tuesday, owing to a boom in global commodity prices, and indicated its dividend payout for 2021 will more than quadruple. In the October-December quarter, adjusted profits before interest, taxes,...
The global aluminium giant, Norsk Hydro has reported that one of the four production lines at its part-owned aluminium smelter in Brazil, Albras was shut down on the morning of 19 th February 2022 due to an internal power distribution failure. The power distribution failure appeared within one...
Hydro Extrusion, part of Norway headquartered Norsk Hydro Group is supplying flawless aluminium tubing which is applied in the frame of the cab in the all-electric F-150 Lightning. The world-leading aluminium extrusion business, Hydro began supplying aluminium components with the 2015 model year...
