2009

• Stock exchange announcement

  Issue of commercial paper

  Norsk Hydro ASA has on February 11 issued a NOK 1 billion commercial paper with maturity August 13, 2009, coupon 4.07%. Arranger is DnB NOR Markets.
  February 11, 2009

• Further production curtailment at Søral

  Sør-Norge Aluminium AS (Søral), owned 49.9 percent by Hydro, will reduce its aluminium production by another 25 percent, resulting in a total reduction of 50 percent at the smelter at Husnes, Norway.
  February 10, 2009

• Further reductions at Neuss smelter likely

  Further production curtailment could be initiated shortly at Hydro’s primary aluminium plant in Neuss, Germany. The plant, with a production capacity of 230,000 tonnes, could be mothballed if the competitive situation does not improve significantly.
  February 5, 2009
• Stock exchange announcement

  Kjetil Ebbesberg to head Metal Markets in Hydro

  Kjetil Ebbesberg will take on the position as executive vice president for the new Metal Markets business area in Norwegian aluminium and energy company Norsk Hydro ASA, with responsibility for metal sales, recycling, remelting and trading.
  February 5, 2009

• Opening new windows in Milano - in aluminium

  Hydro is spending four days in Milano with thousands of building industry professionals, to highlight our strong position as a provider of aluminium solutions and as an integral partner in the creation of excellent places and spaces.
  February 3, 2009

• Have a seat!

  Hydro brings a small but meaningful technological revolution to the UK bus industry. For the very first time, aluminum seat frames have made their entry on this high potential market, successfully competing against the mild steel frames that are fitted on all UK buses. Hydro is the only aluminum company to have provided an offer that passed stringent safety tests, is 47% lighter than mild steel and is recyclable, hence environmentally friendly in many ways.
  February 3, 2009

• Fatality at Qatalum project

  A 27-year-old Nepali national died in an accident at the Qatalum building site in Qatar early on February 1.
  February 2, 2009

• Drop printed version – get Hydro’s annual report electronically

  Hydro’s Investor Relations unit is encouraging the company’s many thousand shareholders in Norway to register in order to obtain Hydro’s extensive annual report electronically instead of being sent a printed version – thus sparing the environment and saving costs.
  January 30, 2009
• Stock exchange announcement

  Impairments affect Hydro’s fourth quarter results

  Norsk Hydro ASA will write down the value of certain fixed assets and inventories by approximately NOK 3.5 billion with effect for its fourth quarter results. The impairments are a result of deteriorating market conditions and high input costs. Hydro continues to implement significant corrective measures to meet the unprecedented market situation with reduced production, lower investments and major cost improvement initiatives.
  January 28, 2009

• Playing with a Swan!

  Søve Lekemiljø has quickly gone from a range of playground equipment based on wood to one of aluminium extrusions and high-pressure laminate. The change of construction materials has resulted in an environmentally adapted product range that has until now been the only one to receive a Swan Ecolabel.
  January 22, 2009
• Stock exchange announcement

  Hydro changes structure and extends corporate management board

  Norsk Hydro ASA is extending its corporate management board by the addition of two members, as part of a reorganization designed to secure a more concentrated focus on operations and markets. The changes will come into effect from March 30 2009, when Svein Richard Brandtzæg takes over as President and CEO from Eivind Reiten.
  January 20, 2009

• High gear recruiting for Qatalum

  Recruiting in the ramp-up to first metal at the Qatalum aluminium plant in Qatar is going full speed ahead.
  January 19, 2009

• Hydro reduces primary aluminium production in Neuss by 13 percent

  Hydro has decided to reduce production at its primary aluminium plant in Neuss, Germany, by 30,000 tonnes by the end of January.
  January 16, 2009

• Hydro to establish research center in Qatar

  Hydro will establish a research and training center in Qatar, called the Hydro Technology Center. The center will be located at the Qatar Science & Technology Park in Doha, and is scheduled to open this spring. An agreement between Hydro and Qatar Science & Technology Park was signed on Wednesday.
  January 15, 2009

• Alpart announces reduction in production

  Alumina Partners of Jamaica (Alpart) has announced plans to reduce its production volume by 50 percent from an annual 1,650,000 tonnes, starting January 15.
  January 14, 2009
• Stock exchange announcement

  Svein Richard Brandtzæg new chief executive of Hydro

  Svein Richard Brandtzæg has been named chief executive of Norsk Hydro ASA, following the resignation of Eivind Reiten, effective March 30, 2009. Reiten has informed the Board of Directors that he wishes to step down after nearly eight years heading the company.
  January 12, 2009

• Wicona ready for BAU 2009

  Organizers call it the most important event of the European building industry. This is BAU 2009 week - and Wicona is in Munich with the latest in energy-saving aluminium building systems products.
  January 12, 2009