News
Stock exchange announcement
May 9, 2008
Hydro has agreed to acquire the privately owned Alumafel Group, one of the most established and well-known aluminium building systems brands in Spain. The transaction confirms Hydro’s position as a leading player in the global building systems industry.
May 8, 2008
Aluminium is saving CO2 – in many ways. To explain how, Hydro is participating at the current Carbon Expo. The fair and conference in Cologne, Germany, is a global meeting point for companies operating on the CO2 market.
May 6, 2008
The Annual General Meeting of Norsk Hydro ASA has today adopted the Board of Directors` proposal to distribute a dividend of NOK 5.00 per share. The dividend will be paid on May 19, 2008 to ordinary shareholders listed in the Norwegian Central Securities Depository as of May 9. The share will be traded ex-dividend from May 7.
May 6, 2008
Each of Hydro's three aluminium building systems brands is presenting their most recent - and future - product developments at the Veteco International Window, Curtain Walls and Structural Glass trade show in Spain. The four-day exhibition at Feria de Madrid concludes on Friday, May 9.
May 5, 2008
This year's annual general meeting in Norsk Hydro ASA is being held on Tuesday. If you cannot attend in person, you can follow a webcast of the proceedings on the Intranet.
May 2, 2008
Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.
April 30, 2008
Halvor Molland (35) has been appointed head of Media Relations in Hydro's Communication unit. He succeeds Inger Sethov, who was appointed Chief Communication Officer in Hydro in December.
April 25, 2008
The nomination commitee of Norsk Hydro ASA has submitted its proposal for the election of new members and deputies to the company's corporate assembly.
April 22, 2008
A 25-year old man died on Tuesday morning from the injuries he suffered after being run over by a fork-lift truck in Hydro's Holmestrand rolling mill south of Oslo.
April 22, 2008
Hydro is investing NOK 50 million in Convexa, a Norwegian venture fund specializing in technology companies working within the field of solar energy. This investment will give Hydro a greater insight into technology developments that are of importance for the company’s solar energy business.
April 21, 2008
The European Aluminum Award, part-sponsored by Hydro, is open for entries submitted by our customers.
April 18, 2008
Hydro has moved to the top level of the extrusion business in Spain following its acquisition of Expral s.a., a privately owned operation located near Madrid.
April 16, 2008
Norsk Hydro ASA’s primary insiders have subscribed for shares under a general arrangement offered to the employees of Norsk Hydro ASA each year. Following a good share price development for the Hydro share during 2007, all employees in Norway are being offered to purchase shares valued at NOK 20,000 with a 50 percent discount. The offer consists of 266 shares at NOK 37.57 per share.
April 15, 2008
Hydro has achieved three top listings in an international ranking of corporate financial reporting and investor relations performance.
April 14, 2008
Hydro will showcase the latest in aluminium packaging applications from April 24-30 at its stand at the Interpack trade fair in Düsseldorf, Germany.
April 10, 2008
Hydro has agreed to buy four distribution centers in Sicily from the family-owned Alumetal S.r.l., expanding Hydro's aluminium building systems network in the Italian market.
April 10, 2008
Hydro’s aluminium customer ProTechT Solutions was among the winners of this years’ Alufoil Trophy, presented by The European Aluminium Foil Association.
April 9, 2008
Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at “Gamle Logen”, Grev Wedels plass 2, Oslo on Tuesday, 6 May 2008 at 5 PM.
April 9, 2008
Three young, Norwegian furniture designers will in a few days be heading down to Italy to take part in the major international furniture exhibition "I Saloni". They are taking with them their own new product – an anodized aluminium table – plus some practical and financial support from Hydro.
April 9, 2008
Visitors to Hydro's stand at Tube 2008 in Düsseldorf were treated to the latest in forward-looking solutions within the area of aluminium precision tubing for automotive and non-automotive applications.
April 3, 2008
Hydro will invest EUR 14.3 million in a new aluminium recycling furnace in Germany, with an output capacity of 50,000 tonnes per year. The twin-chamber furnace will be part of a new recycling center at Alunorf, a joint venture between Hydro and Novelis in Neuss, German.
March 28, 2008
The Wicona unitised curtain walling system has been specified for a new 32-floor tower in Sheffield, which will be the tallest building in the British city. The £3.5m façade contract will be delivered by Solaglas in partnership with Wicona Projects.
March 28, 2008
Norway’s largest labor organization, LO, issued a strike warning on Friday, which would affect aluminium production in Norway from April 2.
March 27, 2008
Hydro has invested NOK 147 million in shares in Ascent Solar, increasing its stake in the American solar energy cell manufacturer from 22 to 34.8 percent. The transaction is part of Hydro’s engagement in energy solutions of the future.
March 14, 2008
Hydro is one of Toyota's best suppliers. The company has received further proof, having been selected as one of the winners of Toyota’s Excellent Quality Performance Award.
March 14, 2008
“We have developed hydroelectric power in order to develop industry in Norway. We want to continue generating our own power, so that we can continue to produce aluminium. This proposal will make it more difficult to further industrial development in Norway.”
March 13, 2008
Hydro 簽署了一份合約，收購正在台灣建設中的 Famco 鋁冶煉廠 45% 的所有權股份。 Famco 建成後每年將生產大約 75,000 噸擠壓錠。
March 13, 2008
Hydro has signed an agreement to acquire a 45 percent ownership stake in Famco, an aluminium remelt plant under construction in Taiwan. Famco will have an initial annual production of about 75,000 tons of extrusion ingot.
March 12, 2008
As an answer to the new trends within interior design, such as the return of the pure tones of nature, and the growing requests of restoration projects, Hydro has invested in a new wood-effect paint line, installed in the Pombal factory, which is located in the Portuguese district of Leiria.
March 11, 2008
“Hydro will use technology and innovation to make aluminium a greener metal than it already is,” said Hydro's scientist, Halvor Kvande, at the TMS conference in New Orleans on Monday. His presentation adressed Hydro's commitment to the environmental challenges that the aluminium industry is facing.
March 7, 2008
Hydro is funding USD 150,000 of UNICEF’s aid program in Tajikistan. The money will be spent on helping the local population, especially children and mothers, survive the extreme winter conditions with severe sub-zero temperatures.
March 6, 2008
A year after preparation of the construction site started, the leaders of Qatalum and Hydro's Projects organization say that the building of the new aluminium plant in Qatar is on track. Site preparation is now almost completed, and the foundations for some of the buildings have already been laid.
March 5, 2008
Hydro’s nomination committee is proposing Inge K. Hansen as a new member of the Board of Directors to replace Svein Rennemo, who has asked to step down as member of the board. The proposal of the nomination committee will be placed before a corporate assembly meeting on 12 March.
March 3, 2008
A number of vacant positions to strengthen the Projects organization in Hydro are being advertised. They cover areas with responsibility for developing large, new projects like the aluminium plant in Qatar.
March 3, 2008
Next week the global aluminium industry will convene for the annual Minerals, Metals and Materials Society (TMS) conference in the USA. Hydro is making an active contribution by putting climate and energy challenges on the agenda.
Feb 22, 2008
An operator at Slovalco, a primary aluminium production plant part-owned by Hydro, died on Thursday of the injuries incurred in a work-related accident earlier the same day.
Feb 15, 2008
Hydro inaugurated on February 15 its in-house extrusion die innovation center in Eupen, Belgium. The site is part of the company's ambition to increase its level of service to extrusion customers throughout Europe.
Feb 15, 2008
Head of Hydro’s bauxite and alumina project in Western Australia, Wenche Agerup, is now in place in Perth. Proving the reserves of bauxite has commenced, but there are many challenges that need to be overcome before a project can be realized.
Feb 14, 2008
It is now clear how the European Works Council (EWC), the cooperative body for European trade unions, will operate in Hydro in the future. The trade unions and the company’s management have agreed to extend the agreement that previously applied to Hydro’s aluminium business.
Feb 11, 2008
The pace of change in the building industry in Italy is high. Hydro is assuring its domestic customers - small or large – that it will continue to support their move into the future with tailor-made local service and energy-saving aluminium building systems.
Feb 5, 2008
With immediate effect Hydro increases prices for aluminium strip containing magnesium and manganese, delivered into the general engineering market.
Feb 1, 2008
The sale of Hydro Polymers to UK-based Ineos was completed on Friday.
Jan 31, 2008
Hydro and the 640 employees at the rolled products plant in Hamburg, Germany, enjoyed great shoulder-clapping from Gunnar Uldall, Senator for Economy and Labor of the City State of Hamburg.
Jan 17, 2008
Hydro’s trainee program attracted great interest from hundreds of candidates from around the world. The first trainees will soon begin their tour of duty.
Jan 16, 2008
Using aluminium extrusions in the doors of safe deposit boxes makes it easier to adapt the designs to the special environments in banks. Robur Safe and Hydro have been improving the products for years.
Dec 28, 2007
Hydro has upgraded the website dedicated to its aluminium precision tubing business, and is confident that the new site will capture the attention of potential and current customers. It is more product-related than before, and far more customer friendly.
Dec 28, 2007
Inger Sethov (37) has been appointed Senior Vice President in charge of Communication in Hydro. She has been acting Chief Communication Officer since August and succeeds Cecilie Ditlev-Simonsen.
Dec 20, 2007
StatoilHydro and Hydro have agreed to give StatoilHydro an additional year to find a new name and logo.
Dec 14, 2007
Chelsea FC has unveiled its new multi-million pound, world-class training facility. The building has been predominantly glazed in high-specification curtain walling from Technal, one of Hydro's aluminium building systems brands.
Dec 11, 2007
Nobel Peace Prize winners Al Gore and head of United Nation's top climate panel Rajendra Kumar Pachauri had some advice for businesses like Hydro at a reception at the Nobel Peace Center in Oslo Tuesday.
Dec 7, 2007
Artist Magne Furuholmen’s aluminium sculpture at the Nobel Peace Center in Oslo is a house of cards on the verge of collapse, a symbol of the fragile balance of the world we live in. By re-using aluminium, the artist wanted to address the climate debate without making too big a carbon footprint himself.
Dec 6, 2007
When the Nobel Peace Prize is handed over in Oslo on December 10, Hydro researcher Halvor Kvande will share a small slice of the glory.
Dec 5, 2007
The Source Arts Centre and Library in Southern Ireland has captured two major architectural awards. The new building incorporates a complex façade design using Hydro's Technal-brand curtain walling.
Nov 29, 2007
Hydro's profiling film for Norwegian TV – where a group of budding young engineers rebuild a railway track, sending a train into a gigantic loop – won the gold medal in what is considered to be the European championship in advertising, Epica.
Nov 29, 2007
The Årdal aluminium plant attracts the most women of all Hydro’s plants. With a female boss, and with 19 percent of employees at the plant and 36 percent of the management team women, Årdal tops Hydro’s list.
Nov 26, 2007
Two of Hydro's Wicona-brand building systems projects in Ulm have been awarded prizes for architectural development in the German community's sustainable urban renewal competition.
Nov 23, 2007
Hydro has created an additional 100 jobs in its precision tubing organization in Denmark this year. One reason is the significant increase in sales volume for microchannel aluminium tubes that customers use in air-conditioning systems.
Nov 20, 2007
Hydro is positioned for growth, and ready to invest in good projects with the necessary prerequisites – both internationally and in Norway, says President and CEO Eivind Reiten. He sees no contradiction between growth abroad and growth at home: "While some people present this as a matter of “either/or”, we want to do both."
Nov 20, 2007
Hydro and Qatalum are open for cooperation with Qatari universities and colleges. This was established during an aluminium seminar at Qatar University on Tuesday.
Nov 19, 2007
Two cultures were fused together on Monday, as the laying of the foundation stone in Qatar marked the start of construction for the giant aluminium plant in the desert in Mesaieed.
Nov 19, 2007
The four winners of Hydro’s student autumn competitions 2007 are now collecting their prizes – a stay in Qatar. There they will learn more about aluminium and participate in the foundation stone laying ceremony of the new Qatalum primary production plant.
Nov 16, 2007
Hydro is helping welcome the second generation of "VDI-Elevate!" students, a German program to train students of engineering sciences in the softer skills of management.
Nov 14, 2007
Nearly 7,000 people met with Hydro last week in Paris to better understand the latest developments in aluminium building systems. Sustainability was the theme at the Batimat 2007 exhibition.
Nov 13, 2007
Hydro has once more come out on top among Norwegian companies in the list of websites ranked by the communication agency Hallvarsson & Halvarsson.
Nov 13, 2007
Hydro is entering into a joint venture with the Australian mining company United Minerals Corporation (UMC) with the intention of recovering bauxite and producing alumina in Kimberley, Western Australia. The agreement, which was signed in Oslo on Tuesday, gives Hydro a 75 percent share in the partnership.
Nov 1, 2007
Hycast AS of Sunndalsøra has signed a letter of intent worth NOK 217 million with FATA of Italy for the supply of casting equipment for the new aluminium plant to be built in Qatar. The agreement includes design and the supply of equipment for casting extrusion ingots and foundry alloys.
Nov 1, 2007
Hydro will introduce at Batimat 2007 in Paris a new way of using photovoltaics in its aluminium building systems, which can achieve significant savings in energy consumption.
Oct 26, 2007
Hydro's third quarter results 2007 will be released at 07:30 CET on Tuesday 30 October (06:30 UK time, 02:30 AM EST).
Oct 21, 2007
Hydro has contributed NOK 1 million to this year’s televised national fund-raising campaign in Norway, named “Together for children”. By supporting this year’s fund-raising campaign, Hydro wishes to contribute to making a big and lasting difference in the lives of children affected by HIV and AIDS.
Oct 18, 2007
A worker died on Wednesday during construction work at Hydro's aluminium products plant in Hamburg, Germany.
Oct 12, 2007
As previously announced, Jan Fougner of the Oslo law firm Wiersholm is heading the investigation of the previous Libya-portfolio, which Hydro acquired from Saga Petroleum in 1999 and transferred to StatoilHydro through the merger of October 1 2007. The US law firm Shearman & Sterling LLP is assisting with US aspects of the investigation.
Oct 11, 2007
Hydro has installed a new state-of-the-art air washer at its rolled products plant in Grevenbroich, Germany. Some 32 metres high and weighing 66 tonnes, the washer is the biggest element in a EUR 6 million investment in new air-cleaning technology, and a key milestone in upgrading the plant's Series 2 production facility for ultra-thin aluminium foil.
Oct 6, 2007
When Hydro celebrated the official opening of the Ormen Lange gas field on Saturday, it was also the completion of project director Tom Røtjer’s final major oil and gas assignment. Røtjer is staying on with Hydro as the company meets the future as a pure aluminium company. Though many capable project team members have been transferred to StatoilHydro, Hydro’s well respected project organization has not been stripped of talent. On the contrary.
Oct 4, 2007
Norsk Hydro ASA today contacted the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime in the light of preliminary investigations indicating that the company may have utilized a previously mentioned consultancy company, in connection with petroleum operations in Libya, more actively than initially assumed.
Oct 4, 2007
Hydro invites you to a press conference on the Libya issue.
Oct 1, 2007
Thousands of Hydro employees arrived at work in a “new” company on Monday morning. At the office premises in the Oslo area, they were greeted with coffee, hot chocolate and freshly baked buns. In the rest of the company, too, the fact that Hydro is now to focus completely on aluminium was marked in various ways.
Oct 1, 2007
StatoilHydro ASA and Norsk Hydro ASA will cooperate with respect to an external inquiry into Hydro Oil and Energy’s operations in Libya, which Hydro acquired through the takeover of Saga Petroleum in 1999 and which have now been transferred to StatoilHydro.
Sep 19, 2007
Hydro's new aluminium recycling furnace was inaugurated at the company's Neuss plant in Germany on Wednesday.