The recent Diamond League sports meeting in London gave a vibrant reminder of the fascinating Olympics in 2012. Their infrastructure is bound to last, and serve, for decades to come – with a lot of aluminium from Hydro in use.
Pupils from Barcarena in Brazil had to let go of their dream of gold in this year's Norway Cup as they were eliminated in the first round of the finals this week. Nevertheless, they showed great skills on the football field and impressed with excellent goals and cooperation.
Hydro's rolled products plant in Grevenbroich, Germany, is committed to making work and private life for its 2,000 employees more compatible – and now has received a “Job and Family” certificate from the German government.
In early October, the sun will stop shining into the deep, narrow valley of Rjukan, and inhabitants will awaken to the start of their gray Norwegian winter. But thanks to the realization of an idea first hatched in the early 1900s by one of Hydro's founders, there will be light this winter – at least in the town square.
In connection with the Q2 results presentation, Hydro's chief executive officer and chief financial officer were interviewed in London by three major business TV channels.
Hydro's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Letter of Intent (LoI) for power supply with Slovenské Elektrárne.
Hydro's underlying earnings before financial items and tax was NOK 518 million in the second quarter, down from NOK 1,077 million in the first quarter of 2013, as lower aluminium and alumina prices and seasonally lower power production weighed on results. Bauxite and alumina production was affected by power outages.
Hydro has just taken another important position in the mining sector in Brazil as one of four new members of the Board of Directors of the Brazilian Mining Institute (Ibram).
Norsk Hydro ASA and Serenity Capital Pte. Ltd have signed an agreement that could lead to Serenity’s Norwegian subsidiary SilMag International AS restarting magnesium production at Herøya, Norway.
Thanks to a novel laser-cutting facility at the site in Dormagen, Germany, the aluminium company Hydro can now offer its automotive customers body sheet of unmatched precision, taking yet another step forward in the growing market for automotive light-weighting with aluminium.
Hydro has signed an agreement with Rio Tinto Alcan to acquire its 50 percent ownership share in the Vigeland Metal Refinery AS and 100 percent ownership share in the AS Vigelands Brug hydropower station, located in southern Norway.
Hydro issued a notice of force majeure to its alumina customers on Wednesday as power outages and lowered production at Alunorte alumina refinery may affect alumina deliveries to customers. It is currently not possible to determine or estimate whether and how deliveries to customers will be affected.
Hydro's aluminium building façade specialist Wicona has launched an iPad app for its Wicona Finder architectural database – an invaluable source of innovative design ideas for curtain walling, window and door solutions.
Hydro has entered into a cooperation with the Japanese metals group Kobe Steel to exchange technical information on aluminium coils and sheet for automobiles, expanding their business options in a more globalized procurement policy of carmakers.
Hydro will host a special investor briefing about environmental, social and corporate governance (ESG) issues on June 5.
A partnership aims to attract more investments and strengthen the productive sector of the Pará state in the north of Brazil, where Hydro's Bauxite & Alumina business area has operations in Paragominas and Barcarena.
The EU Commission has approved today the transaction between Norwegian aluminium company Norsk Hydro ASA and branded consumer goods group Orkla ASA to form a 50/50 joint venture within aluminium solutions, to be named Sapa. Pending necessary approval from Chinese competition authorities, the parties expect the transaction to be completed in third quarter 2013, at the latest.
Students traded places with their teachers in a technology class and taught their mothers about the digital world.
The Annual General Meeting of Norsk Hydro ASA today adopted all the items as proposed on the agenda, including the proposal to distribute a dividend of NOK 0.75 per share.
Hydro has entered a gross bidding agreement with Nordic power exchange Nord Pool Spot, allowing the company to nominate all its sales and buy volumes separately to increase liquidity and transparency in the deregulated, hydropower-rich market.
Hydro's underlying earnings before financial items and tax rose to NOK 1,077 million in the first quarter, from NOK 172 million in the fourth quarter 2012. Higher alumina, aluminium and power prices, increased sales volumes and improved margins contributed to underlying results.
Following the agreement between Norsk Hydro ASA and Orkla ASA to combine their respective aluminium extrusion businesses, the European Commission has expressed preliminary concerns regarding the possible competitive effects of the intended merger in certain markets.
Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at the company's head office at Vækerø, Drammensveien 260, 0283 Oslo, on Wednesday, May 8, 2013, at 1 p.m.
A new survey indicates that Norwegians have become better at recycling used tea light cups and other products made of aluminium as a result of the Tea Light Hunt campaign.
Norsk Hydro ASA's employees have agreed to purchase shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.
Following approval by Norsk Hydro ASA's Annual General Meeting in 2010, the Board of Directors established a Long Term Incentive (LTI) in the form of a remuneration of 30 percent and 25 percent of annual base salary for the President and CEO and the other members of the Corporate Management Board.
Hydro and Qatalum have signed a new cooperation agreement with the Qatar University and its Center for Advanced Materials.
Hydro opened its new test center for tailor-made energy-efficient façade solutions for warm climates in Qatar on Monday.
"Our goal is to create a winner in the aluminium industry" is an important message in Hydro's annual reporting for 2012, released today.
Hydro has decided to nearly double capacity of a continuous annealing line at its aluminium rolled products plant in Grevenbroich, Germany, to serve growing demand in the automotive industry.
Developing new and energy-efficient aluminium production technology is the foundation for Hydro’s long-term efforts. Hydro is therefore studying the potential for testing next-generation electrolysis technology at a pilot plant with annual production capacity of about 70,000 metric tons at Karmøy in Norway.
A 38-year-old man working as an external contractor at Hydro’s extrusion plant in Lucé, France, died on Friday of work-related injuries incurred while moving a punch press from the premises.
Hydro's underlying earnings before financial items and tax improved to NOK 138 million in the fourth quarter 2012 from an underlying loss of NOK 19 million in the previous quarter. Lower energy costs in Bauxite & Alumina, lower variable costs in Primary Metal and improved results for the Qatalum aluminum plant contributed to underlying results.
During the last three months, over 29,000 Norwegian schoolchildren have collected more than 7.5 million used aluminium tea light cups for recycling. It was an exciting time for 11 first- and second-graders at the Lid school in Sveio in the county of Hordaland, when they learned that they had won this year's Tea Light Hunt.
A partnership among Hydro, the union of employees in Norway and the city authorities in Paragominas, Brazil, is offering new educational opportunities for local youngsters – with iPads.
Norsk Hydro ASA is reporting reclassified historical financial information (unaudited) due to the announced extruded products joint venture with Orkla ASA. The reclassified financials are released to provide further details on the effects of reclassifying Extruded Products as discontinued operations ahead of Hydro's forth quarter results 2012 to be released on February 12, 2013.
Hydro has signed a contract to supply spent pot linings from the production of primary aluminium to Rockwool International, a producer of fire safe insulation. The agreement ensures that pot linings will be reused to benefit both the environment and Hydro's bottom line.
Aluminium helps Hydro customer PCC deliver its new wheelchair-friendly “Comfort Zone” sanitary solution for UK trains.
Subject to closing of the planned Sapa joint venture between Hydro and Orkla, Executive Vice President of Extruded Products, Hans-Joachim Kock, has been appointed Head of Finance in Hydro's Bauxite & Alumina business area after Eivind Kallevik, who has recently been appointed CFO in Hydro.
A newly developed computer system for managing shipping could help cut logistics costs at Hydro’s Norwegian aluminium smelters by several million kroner per year.
