Hydro at GIFA: Announcing increased supplies of foundry alloys
(June 13, 2007) Hydro plans to supply 350,000 tonnes of aluminium foundry alloys this year to meet growing world demand, up from 230,000 tonnes last year.
 GIFA SPEAKER: Torstein Dale Sjøtveit, head of the Aluminium Metal business area in Hydro. |
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"We will continue our strategy to increase efficient upstream capacities, making our primary portfolio more competitive," says Torstein Dale Sjøtveit, executive vice president of the Aluminium Metal business area in Hydro, in connection with the company's participation at the GIFA 2007 international foundry trade fair in Düsseldorf, Germany, on 12-16 June.
"Following the planned merger of Hydro's oil and gas activities with Statoil this coming fall, Hydro will concentrate its efforts on aluminium and power, with the financial muscles to grow further," Sjøtveit says.
Adding volume is part of Hydro’s goal of extending customer service and technical support.
"As a start, we remain close to the market, also when it develops, as with the new casting lines at Sunndal in Norway and at our 55-percent-owned metal plant Slovalco in the heart of emerging Central European industries. In 2010, our planned project in Qatar will come on stream and add significantly to global capacity," Sjøtveit says.
To meet customer demand, Hydro has further improved its online portal. Customers can now track and print order specifications at any time, with all details available.
 GIFA MEETING PLACE: At the GIFA trade fair, Hydro's exhibition stand can be found at Stand A8 in Hall 10. |
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In addition, Hydro’s technical experts regularly visit customer sites and labs. Their special metallurgic and casting know-how helps customers raise efficiency in their processes to make the best of aluminium.
GIFA is supplemented by the METEC, THERMOPROCESS and NEWCAST trade shows, reflecting the linkages between all relevant technical areas and value added chains in the metal processing industry. The multifaceted range presented at GIFA 2007 includes foundries and refractory engineering, from foundry chemistry and the production of moulds and cores to secondary treatment of unfinished casts.
Nearly 1,200 exhibitors from 46 countries are present at the four trade fairs.
At GIFA, the single most important trade fair for foundry alloys, Hydro will showcase advanced products and share market outlooks. Hydro's prominent exhibition stand at GIFA can be found at Stand A8 in Hall 10.
Torstein Dale Sjøtveit gave a plenary speech at the European Metallurgical Conference next to GIFA on 13 June, titled "Worldwide developments in Aluminium – and how Hydro is acting upon them." His presentation can be found in the right-hand column.
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