2006

Dec 18, 2006

Oil and gas activities to merge with Statoil

The Board of Directors of Hydro and Statoil have agreed to recommend to their shareholders a merger of Hydro's oil and gas activities with Statoil, creating the worlds largest offshore operator with a strengthened platform for future growth.

Dec 6, 2006

Capital Markets Day: The annual meeting point

A number of invited analysts and journalists met with President and CEO Eivind Reiten and members of Hydro's corporate management on Wednesday to be briefed on the company's operational and strategic situation.

Nov 29, 2006

Hydro Names Rhonda Wright Vice President Business Controller for Metals

Hydro has appointed Rhonda Wright as Vice President, Business Controller for its North American Aluminum Metal business unit. Wright has been with the company for seven years in various management roles. In this new position, she will be responsible for the financial and accounting functions of the business unit while developing and promoting further improvements within the organization.

Nov 13, 2006

Hydro & ET Foundation Invite Student Entries for 2007 Design Competition

Students from around the globe will compete for recognition and money at the 2007 International Aluminum Extrusion Design Competition. Deadline for entries is February 12.

Oct 24, 2006

Strong third quarter for Hydro

Hydro's net income for the third quarter of 2006 was NOK 4,804 million (NOK 3.90 per share), up from NOK 4,183 million (NOK 3.30 per share) in the third quarter of 2005.

Oct 13, 2006

Hydro Aluminum has recently made some key staff appoints

Hydro Aluminum has recently made some key staff appoints to its Ellenville, New York and St. Augustine, Florida Extruded Products Opertions:

Sep 19, 2006

Hydro tops Dow Jones Sustainability Index

Hydro has been named supersector leader in the Basic Materials sector of the 2006 Dow Jones Sustainability Index, which includes the aluminium sector.

Aug 23, 2006

Increased ownership in Slovalco to 55 percent

Hydro has acquired a majority position in the Slovakian aluminum company Slovalco. The investment confirms the long-standing relations between Hydro and Slovalco and the important role Slovalco plays for Hydro.

Aug 15, 2006

Leaner organization in Aluminum Products

Hydro is restructuring its Aluminum Products business area to support the new strategy and make it more flexible and market driven.

July 25, 2006

Strong second quarter from Hydro

Hydro's net income for the second quarter of 2006 amounted to NOK 5,394 million (NOK 4.30 per share), compared with NOK 3,577 million (NOK 2.90 per share) in the second quarter of 2005.

June 1, 2006

Hydro to sell Ellenville extrusion operations

Hydro announced today plans to divest its extrusion plant in Ellenville, N.Y., which produces drawn aluminum tubing used in the construction, consumer durables and other industries. Hydro has 360 employees in Ellenville, including those at the adjacent casthouse.

April 28, 2006

First quarter 2006: Another record result

Hydro's net income for the first quarter of 2006 amounted to NOK 5,869 million. Per share the result was NOK 23.50. "Hydro is enjoying record prices for both our energy and aluminum operations," says President and CEO Eivind Reiten.

April 7, 2006

Martin Carter addresses AEC

Martin Carter, President of Extrusion North America, was the industry keynote speaker at the Aluminum Extrusion Councils recent Annual Meeting.

April 7, 2006

Hydro at SAE

This week the business units most active in serving the North America transportation market joined to showcase Hydros capabilities at the SAE 2006 World Congress in Detroit. Hydro joined top suppliers like Behr, Motorola, Lear, and Webasto in SAEs Supplier Village along with OEMs GM, DaimlerChrysler, Ford, Toyota and Congress sponsor BMW.

March 24, 2006

Qatar Petroleum and Hydro sign joint venture agreement for world-class aluminum plant

Qatar Petroleum and Hydro have signed an agreement to form a joint venture for the development, construction and operation of a world-class aluminum plant in Qatar. The agreement marks an important step forward to build one of the worlds largest and most competitive primary aluminum plants.

Jan 18, 2006

Hydro Aluminum Releases Updated Extrusion Design Manual

(Baltimore, MD - January 18, 2006) Hydro Aluminum has launched a revised and updated North American edition of its Extrusion Design Manual, a practical engineering and application guide to aluminum extrusions. This unique publication gives designers, engineers and product developers the technical guidelines they need to develop new uses for extruded aluminum.

Jan 10, 2006

Hydro Aluminum & ET Foundation Invite Entries for 2006 Design Competition

Baltimore, MD) Professionals and students from around the globe will compete for recognition - and money - at the 2006 International Aluminum Extrusion Design Competition. Deadline for entries is February 17, with winners announced in late March 2006 at the Annual Meeting & Leadership Conference of the Aluminum Extruders Council.