2009

Dec 18, 2009

Hydro aluminium on award-winning building

The Tornado Tower in Doha, Qatar, which features aluminium building systems from Hydro's brand Wicona, has won a major international architectural award,

Nov 12, 2009

Hydro opens recycling center at Alunorf plant

Hydro, Europe's leading aluminium company, today opened a new 50,000-tonne remelting facility at the Alunorf plant in Neuss, Germany. This brings Hydro's total recycling capacity in Germany to 150,000 tonnes of high-quality aluminium and helps to reduce carbon emissions.

Nov 2, 2009

Hydro releases updated manual for designers working with extruded aluminum

Authoritative guide now available on interactive CD

Oct 27, 2009

Third quarter 2009: Results reflect continued weak markets, volumes rise on restocking

Hydro had an underlying loss before financial items and tax of NOK 793 million (138.9 million USD) in the third quarter, compared with a loss of NOK 618 million (108.4 million USD) in the previous quarter, reflecting the frail global economy, low aluminum prices and a weakening US dollar. Downstream results continued to improve, supported by higher volumes and cost saving measures.

Oct 27, 2009

Hydro divests automotive structures activities

Norsk Hydro ASA has today entered into an agreement to divest its automotive structures business to Benteler Automobiltechnik GmbH, the automotive division of the large German industrial enterprise Benteler Group with headquarters in Paderborn, Germany. The agreement represents a solid, long-term industrial solution for Hydro`s automotive structures activities, and is in line with Hydro’s strategy to focus its extruded activities on profiles solutions and building systems.

Oct 16, 2009

Hydro steps up aluminum recycling

Hydro is currently stepping up its activities in aluminium recycling.

Oct 9, 2009

Hydro joins aluminum research in Japan

Hydro and several of Norway’s leading research organizations have agreed to collaborate with a Japanese university and technology institute in investigating some of the most demanding challenges related to aluminum alloys.

Oct 2, 2009

New Hydro investment in Ascent Solar

Hydro has entered into a securities purchase agreement with U.S. solar energy company Ascent Solar Technologies, Inc. Hydro's investment in common stock of Ascent Solar will be USD 5 million.

Sep 16, 2009

Aluminum in front at IAA 2009

Most of the world's leading automobile manufacturers are unveiling their newest models at the International Motor Show 2009 in Frankfurt. Hydro is right in front, delivering lightweight aluminum components and systems to many of these models.

Sep 11, 2009

Solar power getting its place in the sun

A large-scale solar energy farm that uses aluminum structures from Hydro is featured in the September issue of National Geographic magazine.

Sep 4, 2009

Hydro tops Dow Jones Sustainability Index rankings

Hydro scores highest among aluminum companies in this year’s Dow Jones Sustainability Index (DJSI) rankings. It’s the fourth year in a row.

Sep 1, 2009

Once again, Audi chooses Hydro's aluminum structures

Hydro has been asked to deliver the front crash management systems for one of Audi's future high-volume models, underlining the company's position as the leading global supplier of lightweight crash management components.

Aug 27, 2009

Hydro offers white paper for solar support systems

A new White Paper on aluminum extrusion for solar support structures is now available from Hydro Extrusion Americas.

Aug 24, 2009

Hydro CEO: Aluminum prices flattening, no turn yet

Aluminum demand is showing signs of flattening out after a long downturn, but there's no plan yet to restart curtailed production capacity, the chief executive of Norsk Hydro said.

July 30, 2009

Hydro lands Bohn order for aluminum tubing

Bohn Mexico, one of the best-known suppliers of refrigeration components in North America, has elected to replace its copper tubes with aluminum tubing from Hydro. The substitution of materials will affect about one-third of Bohn's production of evaporators in the heating, ventilation, air-conditioning and refrigeration market.

July 23, 2009

Hydro Aluminum extruded frames selected for world’s first hybrid solar facility

Regional production will supply Florida generating station with sophisticated support structures for 180,000 collecting mirrors.

July 22, 2009

Second quarter 2009: Solid cash flow and cost savings, markets remain weak

Hydro had an underlying loss before financial items of NOK 618 million in the second quarter, compared with a NOK 493 million loss in the first quarter, as the weak global economy continued to weigh on historically low aluminium markets. Results in downstream operations improved due to seasonally stronger demand and swift adjustments made early in the downturn.

July 21, 2009

Hydro presents second quarter results

Hydro's second quarter results 2009 will be released at 07:30 CET (01:30 AM EST, 06:30 UK time), on Wednesday July 22, 2009. The quarterly report and presentation slides will be made available on the company's website at the same time.

July 15, 2009

Hydro increases range of energy-efficient building systems

Hydro has added key competence to support its ambition to help with the development of more energy-efficient buildings, following the acquisition of the business of the French company Solarys Système.

June 18, 2009

New test center for intelligent building solutions

The new "Wicona Test Center" – one of the most advanced of its kind – opens a window to an energy-efficient future for buildings. Centrally localized in Germany, the center is a showcase for Hydro's advanced building systems of aluminum.

May 29, 2009

Hydro's value chain

Experience how aluminum touches on the various aspects of our lives.

May 12, 2009

Aluminum use at all-time high

More than ever, aluminum is being used in North America-produced passenger cars and trucks. The light metal accounts for 8.6 percent of average vehicle curb weight this year, compared to 2 percent in 1970 and 5.1 percent in 1990.

May 4, 2009

GM, Chrysler announcements sting Hydro

Hydro does not rule out further reductions in its production of extruded aluminum automotive components and systems as result of the announcements that automakers General Motors and Chrysler are suspending vehicle production at most of their assembly plants in North America.

April 29, 2009

Economic downturn leads to first-quarter losses

Hydro had an underlying loss before financial items of NOK 493 million in the first quarter of 2009, down from an underlying EBIT of NOK 868 million in the previous quarter. The results reflect the deepening global economic downturn, with historically low aluminum prices and a further fall in already weak downstream markets.

April 21, 2009

Hydro, leading in corporate governance, financial disclosure procedures and investor relations

For the second year in a row Hydro has been named the best company in terms of corporate governance, financial disclosure procedures and investor relations in the category "Basic materials industry" of the widely recognized IR Global Rankings.

April 17, 2009

Bentley chooses coated aluminum tube from Hydro for flex-fuel vehicle

The compatibility of aluminum with alternative fuels is an important topic for automotive applications. Hydro has already passed one test: It is delivering coated aluminum tubes for Bentley's dazzling new flexible-fuel vehicle.

April 15, 2009

Toyota gives top honor to Hydro innovation

Toyota has just presented its Global Technology & Development Award to Hydro – the No. 1 supplier of aluminum bumper beams.

March 31, 2009

Hydro to close precision tubing plant in Michigan

Hydro has decided to consolidate its aluminium precision tubing operations in North America as result of the extremely challenging situation in the automotive industry, and will consequently close its aluminium tubing plant in Michigan.

March 24, 2009

Hydro delists from Euronext Paris

March 24 will be the last trading day for the Hydro share on Euronext Paris. Hydro was originally listed on the Paris stock exchange in 1909.

March 24, 2009

Annual reporting 2008: Up to the challenge

"Record sales and historic high prices for aluminum gave way to a free fall in demand and an aluminum price at the lowest point in decades. We experience how quickly and how deeply everything can change – and how vital it is to act upon what is happening, not what you hope will happen,” Hydro President and CEO Eivind Reiten and Executive Vice President and incoming CEO Svein Richard Brandtzaeg say in the company’s annual reporting, published on Hydro’s internet site www.hydro.com.

Feb 20, 2009

Results fall on write-downs, weak markets

Hydro's underlying EBIT was NOK 868 million in the fourth quarter, including inventory write-downs of about NOK 700 million. Underlying EBIT amounted to NOK 1,490 million in the third quarter and 1,699 million in the fourth quarter of 2007. Hydro's results for the quarter reflect the ongoing financial crisis, which has led to a dramatic drop in aluminum prices as a result of a sharp fall in global demand.

Jan 12, 2009

Svein Richard Brandtzaeg new chief executive of Hydro

Svein Richard Brandtzaeg has been named chief executive of Norsk Hydro ASA, following the resignation of Eivind Reiten, effective March 30, 2009. Reiten has informed the Board of Directors that he wishes to step down after nearly eight years heading the company.