“The change in our raw material mix will have a positive impact on the system of Hydro's German rolling activities and thus strengthen our value chain. It is part of our ongoing effort to improve and adapt to difficult market conditions, "said CEO Oliver Bell, who heads the Rolled Products Hydro business.
The primary production in Neuss serves the metal supply for Hydro's rolling business. The plant has only purchased electricity on a short-term basis since the previous long-term contract expired at the end of 2005.
"Improved framework conditions, including the expected German CO2 compensation, mean a relief for this efficient hut. As soon as the expected CO2 compensation comes into force, we want to put some of the decommissioned production facilities in Neuss back into operation in the course of the first half of 2013, thereby increasing production to around 150,000 tons per year, "said Bell.
Since March 2009, Rheinwerk Neuss has only been producing aluminum at the low level of 50,000 tons per year compared to a possible total capacity of around 230,000 tons in response to weakness in world demand and aluminum prices.
The hut was integrated into the Hydro business area Rolled Products on January 1, 2012. The integration resulted in positive synergies for Verbund as a whole, further potential for this has already been recognized. The ramp-up of aluminum production has a positive effect on the system of rolled product companies in the Neuss / Grevenbroich aluminum network. It replaces the expensive remelting of cold metal as a raw material source for roll processing.
The Rheinwerk Neuss, a 100 percent hydro site, is close to the North Rhine-Westphalian state capital of Düsseldorf.