Oslo, December 20: Hydro will streamline its aluminium organization to better support its global growth ambitions in the aluminium industry.
Hydro and Qatar Petroleum have signed an agreement to develop one of the world's largest aluminium plants in Qatar. Planned capacity will be 570,000 tonnes of primary aluminium in the first phase. Total project costs are estimated to USD 3 billion. Hydro's share of the investment will be around USD 1.5 billion.
Edward Woods has joined Hydro Aluminum North America as Architectural Sales Manager. He will head up sales and marketing for Hydros patio door program at the companys Cassville, Missouri facility, where the doors are manufactured.
Hydro has again this year been included in the FTSE4Good index of companies.