three green bullets

News

April 15, 2014

Hydro has entered into a binding agreement to sell its special alloy aluminium casthouse in Hannover to IQ Industrial Holding S.à r.l. (Luxembourg), a private industrial holding group with operations across Europe.

Stock exchange announcement
April 11, 2014
General meeting

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 7, 2014 at 3 p.m. (CET).

Stock exchange announcement
April 3, 2014

The Pará State Environmental Secreteriat (SEMA) has reinstated Alunorte’s environmental operational license for loading of alumina at its port, Vila do Conde, with effect April 3, 2014. This results in the resumption of loading of alumina with immediate effect.

April 3, 2014

They are present in every supermarket: Easter bunnies made from chocolate and wrapped with a “fur” of colorful aluminium foil. A careful analysis of the environmental performance shows that the aluminium foil accounts for less than 2 percent of the overall climate gas emissions.

Stock exchange announcement
April 1, 2014
Alumina loading

The Pará State Environmental Secretariat (SEMA) has suspended Alunorte's environmental operational license for loading of alumina at its port, Vila do Conde, with effect as of April 1. This results in the suspension of all loading of alumina with immediate effect. The production of alumina at Alunorte continues unaffected.

Stock exchange announcement
April 1, 2014

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. The LTI payment requires that Hydro has had a positive underlying EBIT in the previous year. The participants will be required to invest the net amount after tax in Hydro shares and such shares must be held for at least three years.

Stock exchange announcement
March 27, 2014
Pål Kildemo

Pål Kildemo has been appointed head of Investor Relations in Norsk Hydro ASA and will, effective May 1, be responsible for Hydro’s contact with investors and financial markets.

Stock exchange announcement
March 19, 2014
Alberto Fabrini

Alberto Fabrini has been appointed executive vice president and head of the Bauxite & Alumina business area in Norsk Hydro ASA. The appointment of Fabrini, currently head of Operations in Bauxite & Alumina, will be effective June 1, 2014.

March 14, 2014
Winners of Tea Light Hunt

After collecting the most aluminium tea light cups per student, the grade one and two classes from Lid school in Hordaland County are the Norwegian Tea Light Hunt champions for the second year in a row. On Friday the students visited Hydro in Holmestrand, where Climate and Environment Minister Tine Sundtoft was among those on hand to congratulate the winners.

Stock exchange announcement
March 14, 2014
Annual reporting 2013

Titled "Lifting the bar", Hydro has now published an extensive package of annual reporting 2013 information on the company's website.

Stock exchange announcement
Feb 25, 2014
Aluminium strip

Norsk Hydro ASA will invest in a new production line at its rolled products plant in Grevenbroich, Germany. The new line will increase annual capacity for aluminium car body sheet to 200,000 metric tons.

Feb 20, 2014
Eivind Kallevik at the ceremony

"Innocent people lost their lives for the peace we have been able to enjoy for 70 years," said Executive Vice President Eivind Kallevik on Thursday when he laid a wreath on behalf of Hydro at the memorial for the sinking of the train ferry D/F "Hydro" in Lake Tinnsjø on 20 February 1944.

Stock exchange announcement
Feb 12, 2014
Q4 2013 results

Hydro's underlying earnings before financial items and tax (EBIT) fell to NOK 483 million in the fourth quarter 2013 from NOK 659 million in the third quarter, mainly due to seasonal effects and lower hydropower production. For the full year, underlying EBIT rose to 2,737 million from 1,297 million in 2012, helped by cost savings, strong performance at the Qatalum aluminium plant combined with higher product premiums, and despite lower aluminium prices.

Stock exchange announcement
Feb 6, 2014

Underlying EBIT for Sapa Group for the fourth quarter 2013 reflects a seasonally weaker quarter and charges related to impairment of inventories and accounts receivables.

Feb 4, 2014
Tea Light Hunt winners

During Tea Light Hunt the last three months, 30 000 children in primary schools and day care centers across Norway have collected 8.5 million aluminium tea light cups for recycling. The most tea lights per child were collected at the Lid school in Sveio, Hordaland County. This school also won the competition last year.

Stock exchange announcement
Jan 29, 2014
Johnny Undeli

Norsk Hydro ASA's alumina refinery Alunorte in Brazil will be subject to ICMS taxation on fuel oil starting February 1, following a decision by the Brazilian state of Pará to change the collection point of the ICMS tax on fuel-oil purchases.

Dec 9, 2013
Qatalum aluminium ingot

This week, local and international researchers and experts on aluminium production are gathered in Doha to highlight the benefits of aluminium production and materials research in Qatar.

Stock exchange announcement
Dec 5, 2013

The following primary insiders have on December 5 acquired shares in Hydro.

Dec 5, 2013
Svein Richard Brandtzæg

Hydro President and CEO Svein Richard Brandtzæg has been appointed chairman of the Norwegian University of Science and Technology (NTNU) in Trondheim, effective January 1, 2014.

Stock exchange announcement
Dec 5, 2013
Svein Richard Brandtzæg

Hydro's Capital Markets Day 2013 was focused on the improvement efforts being implemented throughout the value chain, encompassing all business areas, plants and units in an all-Hydro drive to continuously lift the bar.

Dec 2, 2013
Hans Weinberger, Svein Richard Brandtzæg

100 years after Hydro was a major contributor to the establishment of the Norwegian Museum of Science and Technology (NMST), the company has entered into a partnership agreement with the museum.

Nov 29, 2013
Signing ceremony

Fast and effective re-establishment of biodiversity by the bauxite is mined in Paragominas – that is the goal of a comprehensive research project by three Brazilian research institutions, the University of Oslo and Hydro.

Nov 29, 2013
Oliver Bell

If Europe wants to reach its sustainability targets, it must retain a competitive aluminium industry by cutting the costs that its policies impose on European smelters. At a conference organized in Brussels by the European Aluminium Association, Hydro’s Oliver Bell called for immediate actions to avoid the loss of entire industrial value chains.

Nov 25, 2013
Now recycled in Norway: drink cans get a shorter trip to their new life

Recycling of used Norwegian drink cans will soon be even more environmentally friendly. The recycling process is moving from France to Hydro in Holmestrand.

Stock exchange announcement
Nov 18, 2013
Eivind Kallevik

Norsk Hydro ASA has signed a USD 1,700 million syndicated revolving multi-currency credit facility with a syndicate of 13 international banks. The facility is for general corporate purposes.

Stock exchange announcement
Nov 13, 2013

Chairman of the Board of Directors in Norsk Hydro ASA, Terje Vareberg, has on November 13, 2013 purchased 10,000 shares in Hydro at NOK 25.49 per share.

Nov 12, 2013

Brazilian mining group Vale S.A. announced on Monday an offering to sell shares in Norsk Hydro ASA through a wholly owned subsidiary. Through a book building process Vale sold 407,122,241 shares in Hydro.

Nov 5, 2013
Svein Richard Brandtzæg, Chelsea Clinton

Hydro wants to be climate neutral by 2020. "In Hydro, we see that the climate challenge can only be solved if we move from words to action," says President and CEO Svein Richard Brandtzæg.

Oct 30, 2013
Mirror on mountain top

A century-old idea to beam rays of sun into the dark valley of the old Hydro-town of Rjukan, Norway, came to light Wednesday as high-tech mirrors bathed the town square in a warm glow. Hydro is main sponsor of the sun mirror project.

Oct 30, 2013

Hydro has entered into a binding agreement to sell its aluminium rolling mill in Malaysia to Nippon Foil Mfg. Co., Ltd. (NFM), a wholly owned subsidiary of UACJ Corporation, based in Japan.

Oct 25, 2013
Eivind Kallevik

The business news television channel CNBC has expanded its Global CFO Council to Europe and Asia as 33 chief financial officers from major companies across the two continents join the group, among them Hydro's Eivind Kallevik.

Oct 24, 2013

Hydro lifts the conversion price for all uncoated flat-rolled aluminium products in the product area General Engineering.

Stock exchange announcement
Oct 23, 2013
Third quarter 2013 results

Hydro's underlying earnings before financial items and tax rose to NOK 659 million in the third quarter from NOK 518 million in the second quarter of 2013, lifted by higher hydropower production and lower operating costs. Low production at the Alunorte alumina refinery weighed on results in the quarter. A milestone reached in the quarter was the completion of the Sapa joint venture transaction, creating a global leader in extruded products.

Oct 18, 2013
Anneli Nesteng

The Norwegian news website E24 has named Anneli Nesteng, head of Hydro’s Power Operations unit in Sogn, Norway, as a regional winner of this year’s top young leader award. In the finals she made the top 10 list.

Stock exchange announcement
Oct 8, 2013
Slovalco aluminium plant

Norsk Hydro ASA's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Power Purchase Agreement (PPA) for power supply with Slovenské Elektrárne.

Oct 7, 2013
Aluminium cans

"Collect cans – protect the environment" is a good motto, since recycling of used beverage cans in aluminium helps to save a lot of resources. The best collectors from Polish schools recently got a special reward: a visit to the world's largest producer of can stock, Alunorf.

Oct 4, 2013
Kirsten M. Hovi

Norsk Hydro ASA has been selected for inclusion in the United Nations Global Compact 100 – a new global stock index that combines corporate sustainability and baseline financial performance.

Oct 1, 2013
Sun mirrors

A century ago Hydro founder Sam Eyde hatched the idea of beaming sunlight from giant mirrors in the mountains and down into the narrow, winter-dark valley of the then all-new industrial town of Rjukan. Now high-tech, computer-controlled and solar-powered reflectors are finally perching high up the mountainside, ready to bring to life Eyde's grand scheme to light up Rjukan during the months of shade.

Sep 27, 2013
Vigelands Brug

Hydro and Agder Energi have signed a Letter of Intent (LOI) for the possible establishment of a jointly owned company to operate and further develop their combined assets in the Otra River, southern Norway, where Hydro recently acquired the Vigelands Brug hydropower plant.

Sep 16, 2013
Karmøy plant

Hydro has asked Enova for support in connection with a project to test next-generation aluminium electrolysis technology at a pilot plant in Karmøy, Norway.

Sep 13, 2013

Dow Jones Sustainability Indices has announced that Hydro once again has qualified to be listed on their global sustainability index DJSI World.

Sep 13, 2013
Rikard Lindqvist

For the fifth time, the Norwegian Society of Financial Analysts (NFF) has awarded Hydro the prestigious and time-honored Stockman Prize.

Sep 11, 2013
Professors

Hydro reinforces the metallurgical and process expertise at Qatar University by introducing two prominent senior professors who will hold Qatalum/Hydro chair positions for three years. The professors aim to position Qatar as a core knowledge centre for aluminium technology and application in the Middle East.

Sep 11, 2013
Raufoss extrusion plant

Sapa AS has signed an agreement with Norwegian company SKA Invest AS to sell its extrusion operations in Raufoss, Norway, including its affiliated fabrication plant in Vetlanda, Sweden. The sale is part of the remedies proposed by Hydro to obtain EU competition clearance for the aluminium extrusions joint venture.

Stock exchange announcement
Sep 2, 2013
Aluminium profiles

The transaction to combine Norsk Hydro ASA's Extruded Products business area and Orkla ASA's Sapa into a 50/50 joint venture has been completed as planned. Sapa, the new global leader in extruded aluminium solutions, was established on September 1.

Stock exchange announcement
Aug 19, 2013
Aluminium profile

The Chinese competition authorities (MOFCOM) have approved the closing of the transaction whereby Hydro and Orkla will have 50/50 ownership of the planned Sapa joint venture.

Aug 9, 2013
London Aquatics with aluminium from Hydro

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.

Aug 2, 2013
Pupils from Barcarena in Brazil

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.

Aug 1, 2013
representatives from certified Northrhine-Westfalian companies or plants

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.

July 19, 2013
Rjukan mirrors

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.

July 19, 2013
Eivind Kallevik

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.

Stock exchange announcement
July 18, 2013
The Slovalco plant

Hydro's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Letter of Intent (LoI) for power supply with Slovenské Elektrárne.

Stock exchange announcement
July 18, 2013
Second quarter 2013 results

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.

July 9, 2013
Andreia Reis, head of Business Relationship and Development in Hydro's Bauxite & Alumina business area.

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).

July 4, 2013
Herøya

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.

June 25, 2013
Cutting-edge lasers are used to form blanks from a continuously running coil

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.

June 17, 2013
High purity 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.

June 12, 2013
Alunorte alumina refinery

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.

June 11, 2013
Wicona app for architects

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.

June 10, 2013
Signing

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.

May 21, 2013

Hydro will host a special investor briefing about environmental, social and corporate governance (ESG) issues on June 5.

May 16, 2013
Agreement signing

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.

Stock exchange announcement
May 13, 2013
Planned extrusion joint venture

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.

May 13, 2013
A special Mothers Day with “iPads Caseca” project

Students traded places with their teachers in a technology class and taught their mothers about the digital world.

Stock exchange announcement
May 8, 2013

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.

May 7, 2013
Powerllines

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.

Stock exchange announcement
April 24, 2013
First quarter 2013 results logo

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.

April 22, 2013
Aluminium is 'metal of future' for offshore use

Aluminium has considerable potential for increased use in marine environments, according to prominent technical and material experts.
April 18, 2013

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.

Stock exchange announcement
April 12, 2013

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.

April 8, 2013
Collecting used tea light cups

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.

Stock exchange announcement
April 2, 2013

Norsk Hydro ASA's employees have agreed to purchase shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.

Stock exchange announcement
April 2, 2013

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.

March 20, 2013
Agreement signing

Hydro and Qatalum have signed a new cooperation agreement with the Qatar University and its Center for Advanced Materials.

March 19, 2013
Opening of building test center in Qatar

Hydro opened its new test center for tailor-made energy-efficient façade solutions for warm climates in Qatar on Monday.

March 15, 2013
Annual reporting 2012

"Our goal is to create a winner in the aluminium industry" is an important message in Hydro's annual reporting for 2012, released today.

March 12, 2013
Hydro expands automotive capacity

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.

March 7, 2013
Aluminium plant at Karmøy

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.

March 1, 2013

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.

Stock exchange announcement
Feb 12, 2013
Fourth quarter 2012

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.

Feb 6, 2013
Tea Light Hunt winners

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.

Feb 1, 2013
ipads for the children of Brasil

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.

Jan 29, 2013

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.

Jan 23, 2013
Pot linings for recycling

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.

Jan 21, 2013
toilet on a train

Aluminium helps Hydro customer PCC deliver its new wheelchair-friendly “Comfort Zone” sanitary solution for UK trains.

Stock exchange announcement
Jan 18, 2013
Hans-Joachim Kock

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.

Jan 10, 2013
Ship at dock in Sunndal

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.

Stock exchange announcement
Dec 18, 2012
Eivind Kallevik

Eivind Kallevik has been appointed Executive Vice President and Chief Financial Officer for the Norwegian aluminium company Norsk Hydro ASA. The appointment of Kallevik, currently head of Finance in Hydro's Bauxite & Alumina business area, will become effective from February 15, 2013.

Dec 4, 2012
Test lab for buildings in Qatar

A new energy-efficient building research test center in Qatar will investigate how Hydro's aluminium building solutions will perform in the climate extremes of the Middle East..

Dec 4, 2012
Group photo Qatalum

A new cooperation strengthens research on aluminium in Qatar and establishes ties across borders.

Stock exchange announcement
Nov 29, 2012
Capital Markets Day

Hydro focused its Capital Markets Day 2012 on the improvement efforts being made throughout the company, aiming to create a global leader in aluminium. Hydro is expecting world aluminium demand outside China of 2-4% in 2013 and solid global long-term growth of 4-6% annually over the next 10 years.

Nov 21, 2012

Hydro's aluminium plant at Karmøy, Norway, has won this year's "Lean Company of the Year" award, given annually by the organization Lean Forum Norway.

Nov 21, 2012
Hydro has doubled the size of its aluminium tubing plant and opened the doors of its new same-site extrusion facility in China.

Hydro has doubled the size of its aluminium tubing plant and opened the doors of its new same-site extrusion facility in China. The extension is aimed toward meeting local demand for industry-leading products and solutions in the largest downstream aluminium market in the world.

Nov 20, 2012
ZERO Rally

Aluminium for zero-emission cars and ships was on display at the international ZERO Conference in Oslo this week, co-sponsored by Hydro.

Nov 16, 2012
Hydro will have a strong presence at Arabal 2012, the most important gathering for the Middle East aluminium industry, set for November 20-22 in Doha, Qatar.

Hydro will have a strong presence at ARABAL 2012, the most important gathering for the Middle East aluminium industry, set for November 20-22 in Doha, Qatar.

Oct 29, 2012
Rolled aluminium

Costs for the fabrication of rolled aluminium products have been rising continuously in recent months. Hydro will raise the price for strip and sheet in the General Engineering product area with effect for all deliveries from January 1, 2013.

Oct 29, 2012

Sør-Norge Aluminium (Søral) primary aluminium plant in Norway has signed electricity contracts with Agder Energi, Lyse, Statkraft and Hydro for the long-term annual supply of up to 2.6 terawatt hours (TWh) of electricity in Norway over an eight-year period, starting in 2013.

Stock exchange announcement
Oct 23, 2012
Third quarter 2012 results

Hydro's underlying earnings before financial items and tax fell to NOK 8 million in the third quarter from NOK 549 million in the previous quarter. Low realized alumina and aluminium prices weighed heavily on underlying results for Hydro's upstream operations for the quarter while cost improvement programs proceeded with full force to meet the challenging market situation.

Oct 18, 2012
ÖKO-GLOBE Award 2012

Hydro received the "ÖKO-GLOBE Award 2012" sustainability prize in a ceremony Wednesday in Cologne, Germany.

Oct 18, 2012
Fundraising campaign for Amnesty

Hydro is supporting Amnesty International Norway by contributing NOK 1 million and encouraging employees to help out in an upcoming television and door-to-door fundraising campaign in Norway.