"The presence of Chancellor Angela Merkel and Prime Minister Erna Solberg demonstrates the importance of aluminum as the metal of the future - and confirms Hydro's position as the leading aluminum company in Europe," said the President and CEO of Hydro, Svein Richard Brandtzæg.
Car manufacturers are increasingly adopting lightweight materials in their vehicles and reducing emissions. & nbsp; As a result of this industrial megatrend, Hydro has made strategic investments in Norway and Germany in recent years to meet this demand and, at the same time, ensure the viability of highly skilled industrial jobs in both countries. Germany's new automotive line is a great example of this.
Made in Europe!
The investment in the new automotive line is closely linked to the investments that Hydro has been making in the upstream segment of its value chain in Norway. Over the past two years, the foundry factories in Sunndal, Hoeyanger, Aardal and Karmoy have been modernized with innovations and new equipment specially designed to meet the requirements of producers.
Altogether, investments correspond to almost NOK 150 million. In addition, a new foundry technology is being implemented in Hoeyanger and Aardal, where Hydro produces sheets for laminates that, in factories in Germany, are transformed into sheets for application in the so-called “ hang-on components ”Like doors, hoods and boot covers.
The new automotive line will contribute to reducing the weight of millions of cars annually, which not only contributes to a greener society, but also reinforces the position of aluminum as a fundamental element of modern society - and which leaves Hydro from Grevenbroich with the quality label “Made in Europe - Mit Leichtigkeit!” (Lightly!).