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 Thursday, April 15, Hydro reportedly signed a Memorandum of Understanding (MoU) with New Fortress Energy (NFE) for sourcing natural gas for its Alunorte alumina refinery. The objective is to replace a part of current fuel oil consumption with environmentally friendly energy, aiming at meeting...
On 13 th March 2021, the self-taught British designer Tom Dixon will unveil on a digital platform, the new and innovative chair at his Studio '24 hours in Milan'. The chair made of recyclable aluminium is named as ‘HYDRO Chair’ and is designed for longevity, multiuse and importantly for easy...
Hydro will establish a separate company called Hydro REIN to provide renewable energy solutions for more sustainable industries. The company aims to help Hydro and other industrial clients succeed with their energy transition. “As part of Hydro’s strategic direction of strengthening our position in...
Norsk Hydro, one of the largest aluminium company worldwide and renewable energy producer is exploring the potential for developing and operating hydrogen facilities to meet its substantial internal demand as well as serving an external market, leveraging the company’s industrial and renewable...
Followed by the grand success of our flagship e-Magazines for consecutive two years, “Aluminium LeaderSpeak 2019 & Aluminium LeaderSpeak 2020”, AlCircle proudly launches the 3rd edition of its e-Magazine, “Aluminium LeaderSpeak 2021”, which prominently covers the leader’s vision for the global...
Malaysian aluminium smelter, Press Metal has been adored by the investors as the metal producer focus on ESG practices, while the world’s largest glove producers, Top Glove topples due to environmental, social and governance (ESG) matters. South-east Asia's biggest aluminium smelter gushed 18% in...
Norwegian aluminium and renewable energy company Hydro has reportedly appointed Therese Rød Holm as Head of Communication and Public Affairs. Holm will replace Inger Sethov with effect from May 1, as the latter will resign from Hydro to pursue new opportunities. Holm, in her new position as Head of...
Hydro aims to recycle aluminium directly within the primary production process at its smelters in Norway. This will minimize the company’s industry-leading climate footprint from primary aluminium and increase production through the use of post-consumer scrap. “We are currently piloting this...
Hydro announced that first office development at Loughborough University Science and Enterprise Park (LUSEP) in Leicestershire has chosen low carbon Hydro CIRCAL. The aluminium alloy has minimized the building’s carbon footprint and contributed to its BREEAM Very Good rating. The £22 million...
Albras – Alumínio Brasileiro S/A has been certified against ASI Performance Standard and ASI Chain of Custody (CoC) Standard certification for its smelting and casting activities at the Barcarena, Brazil facility. The plant manufactures primary aluminium, as well as aluminium foundry alloy ingots,...
Hydro’s reported Underlying EBIT in FY2020 stood at NOK 6,051 million compared to NOK 3,359 million in FY2019 and NOK 9,069 million in FY2018. This reflects year-on-year growth of 80.14 per cent but a decrease of 33.28 per cent than in 2018. Underlying EBIT from bauxite and alumina stood 85.42 per...
Hydro has teamed up with electric car maker Polestar and electric motorcycle pioneer CAKE for a unique project, named Re:Move. Re:Move is commissioned by Wallpaper* Magazine and created by designer Konstantin Grcic. Re:Move is an electric transporter and presents a new, sustainable way to carry and...
Hydro restarted 100 of the 200 cells at the Husnes B-line in Western Norway. Husnes currently produces about 95,000 tonnes of aluminium annually via the A-line. The company will expand the capacity to around 195,000 as the 200 electrolysis cells in the one-kilometer-long B-line are restarted. “The...
Hydro announced that four aluminium manufacturing plants in the DACH region of Europe are now certified against the ASI Performance Standard and ASI Chain of Custody Standard. Hydro’s extrusion plants in the DACH region, offers products in Austria, Germany and Switzerland. The facility manufactures...
The Norwegian aluminium company Norsk Hydro ASA has set foot to sell its rolling division to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. This is considered as a major step on Hydro's agenda to enhance profitability and drive sustainability. The transaction comprises...
The Norwegian Aluminium company, Hydro and the international accredited registrar and classification society, DNV GL headquartered in Høvik, Norway are initiating a blockchain pilot to document product representations for Hydro CIRCAL and Hydro REDUXA. Bjørn Kjetil Mauritzen, Head of...
En+ Group, the world’s leading producer of low-carbon aluminium and largest private sector generator of hydropower, announced that it again indulged in a large-scale “New Energy" modernisation programme by replacing six hydraulic units at the Group’s Bratsk HPP. The replacement works, to be taken...
Hydro has received new building project for the innovative House of Choice in Sweden. The company will supply low-carbon aluminium alloy Hydro CIRCAL for the project. House of Choice will become Scandinavia’s first zero-energy hotel. “SAPA, a Hydro building systems brand, was chosen as solution...
