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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 -
Developing new silica and magnesium technology
Hydro and Advanced Metallurgical Group (AMG) have entered into an agreement to develop new technology for the low-cost production of magnesium and silica using the Norwegian mineral olivine as a raw material.December 19, 2008 -
In close cooperation with Qatar University
Qatar University has signed an agreement with Hydro and Qatar Aluminium Company (Qatalum) to establish a faculty chair of aluminium production at the university's College of Engineering.December 15, 2008 -
Congratulating the Nobel Peace Prize winner
As one of the main sponsors of the Nobel Peace Concert and the Nobel Peace Center in Oslo, Hydro had the opportunity to congratulate this year’s peace prize laureate, Martti Ahtisaari, at a reception before the concert Thursday evening.December 12, 2008 -
Qatalum trains construction workers in safe work at heights
At any construction site, working at heights represents the most dangerous work situation. The Qatalum aluminium project in Qatar is taking near 4,000 construction workers through a "Safe work at heights" course to ensure everyone’s safety.December 11, 2008 -
Renewed contract with ABB
Hydro Aluminium Profiler AB has signed a new contract with ABB Motors in Västerås, Sweden. It involves the continued delivery of motor housings for the company’s low-voltage DC industrial motors until the end of 2010.December 10, 2008 -
Hydro's Søderberg facility at Karmøy to close in first quarter 2009
The Board of Directors of Norsk Hydro ASA on Wednesday approved the plan to close prematurely the oldest electrolytic technology at Hydro’s Karmøy aluminium plant, the Søderberg potlines.December 10, 2008 -
Building potential untapped, UNEP report says
The huge potential of the building and construction sector for combating climate change remains virtually untapped, according to a new report by the United Nations Environment Programme and the Sustainable Buildings and Construction Initiative.December 9, 2008 -
Ascent Solar reaches new technological milestone
Ascent Solar Technologies, a part Hydro-owned developer of solar energy solutions, has reached a new level of efficiency in its main product – super-thin, flexible modules that produce electricity from the sun’s rays.December 4, 2008 -
Hydro adds to recycling capabilities in Hamburg
Hydro has inaugurated a new recycling furnace at its aluminium rolled products plant in Hamburg. The EUR 12 million investment underlines the company's mission to create a more viable society by developing natural resources and products in innovative and efficient ways.
December 2, 2008 -
Green light for more power from Tyin
Hydro was given the green light by the Norwegian Ministry of etroleum and Energy on Friday for a 74 GWh production increase at Tyin power station. Hydro wishes to use the water from the Holsbruvatn lake in the Tyin water system to increase production at the power station, which is located in the municipality of Årdal.November 28, 2008 -
Dash of Domal in Algarve speedway
Autódromo Internacional do Algarve – the most impressive motor speedway in Portugal – has opened. Soon, Formula One race cars will be spinning around the track, with Domal-brand aluminium building systems all around them.November 28, 2008 -
Hydro’s Søderberg potlines at Karmøy may be closed prematurely
The oldest electrolytic technology at Karmøy aluminium plant, the Søderberg potlines, may be closed earlier than so far scheduled. The current market situation has also made Hydro temporarily shelve its plans for a new, modern production line at Karmøy.
November 26, 2008 -
Stock exchange announcement President and CEO transfers shareholding
The President and CEO of Norsk Hydro ASA, Eivind Reiten, has on November 25, 2008 transferred his total shareholding in Hydro, 86,972 shares, to his wholly owned company Mocca Invest AS. The transfer was done at NOK 32.30 per share according to valuation per September 29, 2008.November 25, 2008 -
Qatalum on target
The Qatalum aluminium project is on track for start-up at the year-end 2009. The plant buildings are now gradually rising from the flat, sandy landscape of the Mesaieed Industrial Park in Qatar.November 24, 2008 -
Hydro reduces Karmøy Søderberg production by 20 percent
Hydro has decided to reduce production in the oldest part of the Karmøy aluminium plant, the Søderberg potrooms, by 20 percent from December in order to meet sharply falling demand in the aluminium market. This measure will not affect the permanent manning levels at Karmøy.November 20, 2008 -
Canadian aluminium plant receives energy efficiency awards
The Canadian smelter Aluminerie Alouette, which is 20-percent owned by Hydro, has been honored with two energy efficiency awards.November 19, 2008 -
‘Just what I needed!’
Christian Falch had a reason to smile when he was invited to Hydro headquarters in Oslo to claim his prize for winning our aluminium profiling competition.
November 19, 2008 -
Hydro to help raise eco-building in India
The Bangalore-based Beary's Global Research Triangle was selected as a finalist for Best Sustainable Project at the Real Estate Investment World Summit in Riyadh. Hydro in India is delivering energy-saving aluminium systems for the building.November 18, 2008 -
Considering production cuts to meet lower demand
“The international financial crisis hait the metal industry. We are therefore reviewing our entire global operations to consider measures that can adjust the production of primary aluminium to a market demanding less aluminium and fewer aluminium products,” says Hilde Aasheim, Hydro’s executive vice president responsible for the Aluminium Metal business area.
November 10, 2008 -
Wide-reaching engagement behind new Brazilian alumina refinery
The decision to take an ownership stake in Companhia de Alumina do Pará (CAP) was made possible thanks to some solid and effective efforts – in the fields of health, environment, safety and corporate social responsibility, as well as in the financial, technological and legal areas,” emphasizes Ellen Cathrine Rasmussen, who heads up Hydro’s bauxite and alumina operation.November 4, 2008 -
An open and learning organization
“Transparency and humility are important qualities that we, as an industrial company, want to be identified with,” states Executive Vice President Anne Harris, head of Human Resources.November 4, 2008 -
Steady course through complex dilemmas
“Ethical appraisals of industrial activity – particularly in non-Western countries – can be demanding, but we lack neither the tools, commitment nor the will to proceed in the appropriate way,” says Senior Vice President Tom Einar Rysst-Jensen.November 4, 2008 -
Hydro introduces new heat exchanger concept
Hydro introduced new aluminium concepts for heat exchangers, specifically designed for the heating, ventilation, air conditioning and refrigeration market, at Chillventa 2008 in Nürnberg.October 31, 2008 -
Hilde Aasheim joins Hydro's corporate management board on November 1
Hilde Aasheim will join Hydro as executive vice president for the Aluminium Metal business area on November 1.October 30, 2008 -
Brighter homes by Technal
Hydro wants to bring its Technal brand's 'Maisons de Lumière' shop concept around the world, where the tool can help generate even more interest in the aluminium building systems brand. The first shop outside France has just opened, in China.October 30, 2008 -
Stock exchange announcement Chairman of the Board purchases shares
Chairman of the Board of Norsk Hydro ASA, Terje Vareberg, has on October 28, 2008 purchased 10,000 shares in Hydro at NOK 24.70 per share. New holding is 10,000 shares.October 28, 2008 -
Stock exchange announcement Member of the Board Finn Jebsen purchases shares
Member of the Board of Norsk Hydro ASA, Finn Jebsen, has on October 24, 2008 purchased 10,000 shares in Hydro at NOK 24.20 per share. New holding is 32,545 shares.October 24, 2008 -
Stock exchange announcement Executive Vice President Anne Harris purchases shares
Executive Vice President Anne Harris of Norsk Hydro ASA, has on October 24, 2008 purchased 7,500 shares in Hydro at NOK 24.32 per share. New holding is 13.902 shares.October 24, 2008 -
Stock exchange announcement Member of the Board Sten Roar Martinsen purchases shares
Member of the Board of Norsk Hydro ASA, Sten Roar Martinsen, has on October 23, 2008 purchased 1,000 shares in Hydro at NOK 26.30 per share. New holding is 1,402 shares.October 23, 2008 -
Stock exchange announcement Executive Vice President Tom Røtjer purchases shares
Executive Vice President of Norsk Hydro ASA, Tom Røtjer, has on October 23, 2008 purchased 5,000 shares in Hydro at NOK 26.53 per share. New holding is 16,532 shares.October 23, 2008 -
Stock exchange announcement Executive Vice President Arvid Moss purchases shares
Executive Vice President of Norsk Hydro ASA, Arvid Moss, has on October 21, 2008 purchased 10,000 shares in Hydro at NOK 26.90 per share. New holding is 60,857 shares.October 21, 2008 -
Stock exchange announcement Executive Vice President Svein Richard Brandtzæg purchases shares
Executive Vice President of Norsk Hydro ASA, Svein Richard Brandtzæg, has on October 21, 2008 purchased 1,000 shares in Hydro at NOK 28.50 per share. New holding is 26,117 shares.October 21, 2008 -
Stock exchange announcement Third quarter 2008: Result hit by falling markets and input cost pressures
Hydro's underlying income from continuing operations was NOK 968 million in the third quarter of 2008, down from NOK 1,335 million in the previous quarter and NOK 2,114 million in the same quarter last year, mainly due to seasonally lower demand in weakening markets and continued pressure on upstream input costs.October 21, 2008 -
Main supplier to the SafeRoad Group
Hydro Aluminium Profiler has signed an agreement with the SafeRoad Group, one of Europe’s leading suppliers of products and systems for road safety. The agreement makes Hydro the main supplier of aluminium extrusions, mainly used in the manufacture of road signs and their accessories.October 16, 2008 -
Board chairman Vareberg: Further consideration of Libya issue up to the authorities
The chairmen of the boards of Hydro and StatoilHydro discussed the handling of the so-called Libya issue on Thursday.<October 9, 2008 -
Hydro chairman: Board’s trust in Reiten unquestioned
Hydro board chairman Terje Vareberg expresses surprise that certain media have questioned his attitude to the trust held in Eivind Reiten as President and CEO of the company.October 9, 2008 -
Untersuchungsbericht über Libyen Økokrim übergeben
Der Untersuchungsbericht über die frühere Erdöltätigkeit von Hydro in Libyen und die Beraterverträge, die an die internationale Erdöl- und Erdgastätigkeit des Unternehmens geknüpft waren, wurde heute der norwegischen Behörde für die Ermittlung und Verfolgung von Wirtschafts- und Umweltkriminalität (Økokrim) vorgelegt. Die Untersuchung gibt Anlass zu Kritik an bestimmten Umständen. Der vom Verwaltungsrat bestellte Untersuchungsbericht wird heute veröffentlicht.
October 7, 2008 -
Libya investigation report submitted to Økokrim
The investigation report into Hydro’s former oil operations in Libya and consultancy agreements relating to the company’s international oil and gas operations was submitted today to the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim). The investigation provides grounds for criticism of certain issues. The investigators’ report to the board was published today.October 7, 2008 -
Hydro boosts investment in Ascent Solar
Hydro invested USD 15 million in the US solar energy company Ascent Solar on Monday. The purchase took place as Hydro exercised a call option issue, increasing the company’s ownership share from 26.5 to 35 per cent.October 7, 2008 -
Stock exchange announcement Buyback of shares
On October 6, 2008, Norsk Hydro ASA purchased 1,160,000 own shares in the market at a price of NOK 33.93 per share.October 7, 2008 -
Stock exchange announcement Buyback of shares
On October 2, 2008, Norsk Hydro ASA purchased 723,000 own shares in the market at a price of NOK 35.28 per share.October 2, 2008 -
Stock exchange announcement Buyback of shares
On September 30, 2008, Norsk Hydro ASA purchased 1,025,000 own shares in the market at a price of NOK 35.61 per share.September 30, 2008 -
Stock exchange announcement Buyback of shares
On September 29, 2008, Norsk Hydro ASA purchased 1,500,000 own shares in the market at a price of NOK 32.05 per share.September 29, 2008 -
Keeping Qatalum safe, sound and on target
The Qatalum smelter is rising from the desert in Qatar thanks to the efforts from more than 12,000 workers currently on site from all over the world to erect this aluminium giant under challenging conditions.
September 26, 2008 -
Keeping Qatalum safe, sound and on target
The Qatalum smelter is rising from the desert in Qatar thanks to the efforts from more than 12,000 workers currently on site from all over the world to erect this aluminium giant under challenging conditions. Logistics, cultural differences, heat and the scramble for raw materials in a global construction hotspot are but a few of the challenges Hydro is faced with as project manager during the building phase.September 26, 2008 -
Stock exchange announcement Capital Markets Day 2008: Hydro's financial strength provides solid growth platform
Hydro is reinforcing its position as a leading aluminium company with industry-leading captive power position, world-class upstream growth projects and strong operational performance. Hydro’s solid financial position makes it well-equipped to weather short-term market uncertainties and volatility, while taking advantage of promising business opportunities.September 25, 2008 -
Hydro and Vale join forces in new alumina project in Brazil
Hydro and the metals and mining company Vale have agreed to construct a new alumina refinery in northern Brazil, strengthening Hydro’s future alumina supply in line with its growth strategy.September 25, 2008 -
ALUMINIUM 2008: Infinite ideas in aluminium on display
Hydro is showcasing infinite ideas in aluminium at the ALUMINIUM 2008 trade fair in Essen, Germany, September 23-25. (Press kit with news releases included.)September 23, 2008 -
German web site launched by Hydro
Hydro launched a new German-language web site this week to support sales and profiling of the company in this important market. The launch coincided with the Aluminium 2008 trade show in Essen, Germany.September 23, 2008 -
Farmand prize for best annual report – again!
Hydro’s annual report for 2007 landed both first prizes when the Norway’s traditional and prestigious “Farmand Prize” was awarded on Thursday evening. Hydro came out on top for the second year running in the class for printed reports from listed companies. In addition, the company took the gold award in the class for web-based reporting.September 19, 2008 -
Stock exchange announcement Primary insiders purchase shares
The following primary insiders of Norsk Hydro ASA have on September 19, 2008 purchased shares in Hydro:September 19, 2008 -
Innovative systems suit Sheffield school
More than 450 Technal-brand windows, curtain walling and door systems have been used in the construction of Sheffield's newest school. The brand's aluminium systems are also being used to build three other academies in the UKSeptember 17, 2008 -
Hydro and Vattenfall sign electricity contract
Hydro has signed a contract with Vattenfall for the supply of close to 18 terawatt hours (TWh) of electricity in Norway over an eight-year period, starting in 2013. It is one of the largest cross-border contracts since the integration of the Nordic power market in the early nineties.September 10, 2008 -
Hydro disappointed at reversion setback
The supply of electrical power at stable and competitive terms is vital for the viability and competitiveness of Hydro’s aluminium operations. If the government’s original proposition concerning reversion, as now recommended by the energy and environment committee of the Storting, goes through unchanged, it will be almost impossible to carry out major new investments in Norway's aluminium industry.September 9, 2008 -
Hydro tops sustainability index – again
Hydro scored highest among aluminium companies in this year’s Dow Jones Sustainability Index ranking, for the third year in a row.September 4, 2008 -
Closer to the power of the sun
Hydro team headed by President and CEO Eivind Reiten rubbed shoulders with more than 20,000 visitors at the world’s largest solar conference held in Valencia, Spain, this week, where 715 companies from across the solar value chain were showcasing their latest products and technologies to harvest the power of the sun.September 3, 2008 -
Hydro renews agreement as main sponsor for Nobel Peace Center
Hydro and the Nobel Peace Center have signed an agreement to extend their partnership for an additional five years as of January 1, 2009. The sponsorship provides for NOK 3 million per year.<September 3, 2008 -
Raeren plant reaches out to Oxfam
Hydro's Raeren extrusion plant received more than 1,000 visitors in its role as co-sponsor of Oxfam Trailwalker, a two-day charity event in Belgium that concluded on August 31. The event supports Oxfam projects in developing countries.September 2, 2008 -
Executive Vice President Svein Richard Brandtzæg purchases shares
Executive Vice President of Norsk Hydro ASA, Svein Richard Brandtzæg, has on August 19, 2008 purchased 3,000 shares in Hydro at NOK 54.90 per share. New holding is 25,117 shares.August 19, 2008 -
Stock exchange announcement Executive Vice President Arvid Moss purchases shares
Executive Vice President of Norsk Hydro ASA, Arvid Moss, has on August 19, 2008 purchased 5,000 shares in Hydro at NOK 55.20 per share. New holding is 50,857 shares.August 19, 2008 -
Stock exchange announcement Executive Vice President John Ove Ottestad purchases shares
Executive Vice President of Norsk Hydro ASA, John Ove Ottestad, has on August 19, 2008 purchased 17,000 shares in Hydro at NOK 55.00 per share. New holding is 78,707 shares.August 19, 2008 -
Hit the road - lightly
You can bring along all your gear – and get a good night’s sleep – in this ultra-light camper trailer made of aluminium.August 19, 2008 -
Stock exchange announcement Executive Vice President Odd Ivar Biller purchases shares
Executive Vice President of Norsk Hydro ASA, Odd Ivar Biller, has on August 19, 2008 purchased 5,000 shares in Hydro at NOK 55.00 per share. New holding is 18,872 shares.August 19, 2008 -
Even closer to Sam Eyde
“Are we still discovering new knowledge about Sam Eyde in 2008? Definitely. And it’s all very interesting,” states Bjørnar Johansen at the Hydro Museum in Notodden as he looks across at Paulina Armata, one of the museum guides this summer. Hydro’s founders continue to fascinate. Hydro’s pioneers still attract people’s interest more than a century after the company was founded.August 19, 2008 -
Stock exchange announcement Sale of QVC shareholding completed
Norsk Hydro ASA has today completed the sale of its 29.7 percent ownership interest in Qatar Vinyl Company (QVC) to Qatar Petroleum. The transaction represents net proceeds to Hydro of USD 136 million (NOK 735 million). The transaction is expected to result in a gain of approximately NOK 100 million to be recorded in the third quarter results. This completes the divestment of Hydro’s Polymers activities.August 18, 2008 -
Executive Vice President Tom Røtjer purchases shares
Executive Vice President of Norsk Hydro ASA, Tom Røtjer, has on August 14, 2008 purchased 3,000 shares in Hydro at NOK 57.10 per share. New holding is 11,532 shares.August 14, 2008 -
Reiten meets Brazil’s President Lula
Hydro CEO Eivind Reiten was greeted by Brazil's President Luiz Inacio Lula da Silva at the official opening of the third expansion of Alunorte on Thursday, highlighting the position of this cornerstone facility as the world’s leading alumina refinery.August 14, 2008 -
Stock exchange announcement Aasheim to head Aluminium Metal in Hydro
Hilde Merete Aasheim will take on the position as executive vice president for Aluminium Metal in Norwegian aluminium company Norsk Hydro ASA. Aasheim, 49, will replace Torstein Dale Sjøtveit on Hydro’s corporate management board.August 14, 2008 -
Stock exchange announcement Executive Vice President Jørgen C. Arentz Rostrup purchases shares
Executive Vice President of Norsk Hydro ASA, Jørgen C. Arentz Rostrup, has on August 13, 2008 purchased 5,000 shares in Hydro at NOK 58.20 per share. New holding is 6,662 shares.August 13, 2008 -
Stock exchange announcement President and CEO purchases shares
President and CEO of Norsk Hydro ASA, Eivind Reiten, has on August 13, 2008 purchased 7,000 shares in Hydro at NOK 58.20 per share. New holding is 86,972 shares.August 13, 2008 -
Latin American success in Norway Cup
This year's Norway Cup was a success for Hydro and the sponsored teams, both on and off the field. The team of young boys from Jamaica made it all the way to the final in their class, while the Brazilian team seized victory in the B Final. Meanwhile all participants conducted themselves in exemplary fashion and enjoyed an injury-free tournament.August 4, 2008 -
Goal at Norway Cup
From the first kick of the Norway Cup soccer tournament in Oslo last Sunday – Hydro was there, as we have for the last 10 years. This year, Hydro is sponsoring 54 football players from three different teams related to our operations in Brazil, Jamaica and Slovakia. The positive effects of the sponsorship are clear.July 29, 2008 -
Technal honors Spain's top architecture
The aluminium building systems brand Technal has honored some of Spain's most respected and recognized architects for their work on some of the country's most splendid new buildings.July 25, 2008 -
Piflex® ready for application in CO2 systems
Hydro's high-pressure flexible aluminium tube solution for "green" air conditioning systems has exceeded the test specifications set by the German Association of the Automotive Industry and is being tested by potential customers.July 24, 2008 -
Fatal accident at Suzhou
A 35-year-old contractor working at Hydro's Suzhou site died in hospital of the injuries incurred in a work-related accident on Saturday.July 22, 2008 -
Stock exchange announcement Q2 2008: Strong aluminium price offset by rising input costs
Hydro's underlying income from continuing operations declined to NOK 1,335 million in the second quarter of 2008 from NOK 1,442 million in the previous quarter and NOK 2,152 million in the second quarter of 2007, mainly due to the weakening US dollar and an industry-wide rise in upstream input costs which more than offset the positive effect of higher aluminium prices.July 22, 2008 -
Conversion prices for aluminium products raised
With immediate effect, Hydro is raising prices for the conversion of rolled aluminium products. The measure is caused by the significant rise of energy costs, affecting directly the sourcing of gas and power, moreover indirectly the transport and packaging of products. In addition, purchasing prices for alloy elements, namely magnesium, have risen further.July 17, 2008 -
International awards for Hydro’s train film ad
Hydro’s train film ad, aimed at raising young peoples’ interest in science subjects, has received a number of international awards during the past year. Showered with gold and silver medals in domestic and international advertizing industry competitions, the ad has become one of the most recognized Norwegian commercial ads ever.July 17, 2008 -
Cost increases affect Hydro’s second quarter results
Norsk Hydro ASA expects to report an underlying EBIT of approximately NOK 1.6 billion for the second quarter compared to an underlying EBIT of NOK 2.0 billion in the first quarter. While Hydro is realizing a higher aluminium price during the quarter, Hydro is experiencing significant cost increases in the Aluminium Metal business area. The cost increases are mainly related to alumina prices, alumina freight, petroleum coke and other costs.July 14, 2008 -
Stock exchange announcement Sale of shares to employees
Norsk Hydro ASA has today sold 64,638 shares to certain employees at NOK 37.57 per share. The transaction is part of a general share purchase arrangement offered to the employees of Norsk Hydro ASA each year.July 10, 2008 -
More custom fabrication, growth potential at Guaymas plant
Hydro's Extrusion Americas unit recently expanded production capabilities and capacity at its facility in Guaymas, Mexico. Two new CNC lathes and a cutoff machine allow the plant to produce custom-fabricated parts for industries such as automotive and alternative power generation.July 10, 2008 -
Domal presents Ferrari Architecture exhibition
Hydro's Domal brand is presenting "Ferrari Architecture in Maranello," an exhibition that illustrates the effectiveness of combining aesthetic values with sustainability in buildings.July 8, 2008 -
‘Dry’ river flows again
What had been a nearly a dry, stone desert is today an idyllic, living river through Rjukan, Norway.July 3, 2008 -
Hydro adds Alumafel, moves to top in Spain
Hydro has formally acquired the privately owned Alumafel Group, one of the most established and well-known aluminium building systems brands in Spain.July 1, 2008 -
Hydro continues cooperation with Save the Children
A new cooperation agreement with the Norwegian branch of Save the Children continues Hydro’s position as one of the most important supporters of the children’s rights organisation.June 28, 2008
