"The presence of Chancellor Angela Merkel and Prime Minister Erna Solberg shows the importance of aluminium as the metal of the future – and it confirms the position of Hydro as the leading European aluminium company," says Hydro President & CEO, Svein Richard Brandtzæg.
Car makers increasingly use aluminium to lightweight their vehicles and curb emissions. As a consequence of this industry megatrend, Hydro has over the last few years made several strategic investments in Norway and Germany to meet this demand and at the same time secure the viability of high competence industrial jobs in both countries. The new automotive line in Germany is a prime example of this.
Made in Europe!
The new automotive line investment is closely linked to investments Hydro have made further upstream in the company´s value chain in Norway. Over the last couple of years, casthouses in Sunndal, Høyanger, Årdal and Karmøy have been upgraded with new innovations and equipment, specifically designed to meet the requirements of car makers. Altogether, these investments are worth close to NOK 150 million. New casting technology is under implementation in Høyanger and Årdal, where Hydro produce sheet ingot which at the plants in Germany can be rolled into plates and used in so-called hang-on parts such as doors, hoods, roofs, and trunk lids.
The new automotive line will help lightweight millions of cars each year, not only contributing to a greener society, but strengthening aluminums’ position as a building block of modern society – which from Hydro in Grevenbroich comes with quality stamp “Made in Europe” – Mit Leichtigkeit!