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Hydro further cuts production in Neuss

Hydro has decided to further reduce the production of its aluminum smelter in Neuss. The reason is the poor market conditions and high energy costs for the hut.

The plant can produce 230,000 tons of new aluminum per year. A careful cut in production that preserves the essential operating equipment for a possible restart will take about two months. The Neuss plant has already reduced its smelter capacity by 30,000 tons a year.
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The Supervisory Board of Hydro Aluminum Deutschland GmbH decided today on Wednesday to shut down aluminum production in Neuss in order to completely preserve the electrolysis plant - it unless the relevant framework conditions would fundamentally improve.

The production of the anodes required for electrolysis will be reduced accordingly, while the foundry of the plant will continue to melt metal and cast ingots to serve the neighboring rolling mills.

"We have already cut expensive production in Norway. The weak market situation forces us to take further measures to reduce losses. The Neuss smelter is clearly at the upper end of the cost scale, above all because of the high German electricity costs, ”says Hilde Merete Aasheim, Hydro's Executive Board member for the Aluminum Metal business area. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp;

The Rheinwerk in Neuss has 650 permanent employees. Management speaks to the works council to agree solutions for the employees concerned.

This text is machine translated. To view the original German text, click on DE on the top right of this window

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