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Initiation of share buyback program
The Board of Directors of Norsk Hydro ASA has resolved to initiate a share buyback program to service its shareholders by way of reducing its share ca ...
September 22, 2023
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New casting line opens in Rackwitz to meet growing demand for low-carbon aluminium
Hydro reaches a milestone with the opening of the new HyForge casting line at its aluminium recycling plant in Rackwitz, Germany. The 40 million EUR i ...
September 14, 2023
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Hydro invests in modernization of Alumetal recycling plant in Kęty, Poland
Hydro will invest in the modernization and expansion of the Alumetal recycling plant in Kęty, Poland. The investment of around NOK 200 million will in ...
September 8, 2023
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Hydro partners with Shell Energy to decarbonize UK operations
Hydro has signed a three year contract with Shell Energy to help decarbonize its UK operations. The agreement covers a yearly supply of 56 GWh electri ...
September 4, 2023
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Hydro's plants in Norway to cut yearly power consumption equal to 100 GWh
Hydro's five aluminium smelters in Norway are taking new measures in energy efficiency. The first step will save more than 100 GWh of electricity annu ...
September 1, 2023
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Hydro cuts 20,000 tonnes of CO2 per year using biomethane
Bioenergy can replace fossil energy in the casthouse and the anode production at the Sunndal aluminium plant. This will cut emissions by 20,000 tonnes ...
August 30, 2023
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Hydro initiates first phase of project to remove local carbon emissions in Sweden
The work to equip Hydro’s Swedish extrusions’ factories in Vetlanda, Sjunnen and Finspång with solar panels and battery storage has started. The aim i ...
August 17, 2023
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Hydro Rein and Opplysningsvesenets fond establish joint solar power company
Hydro Rein is establishing a joint solar power company together with Norwegian landowner Opplysningsvesenets fond (OVF). The parties aim to develop se ...
August 15, 2023
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Hydro in conformance with the Global Industry Standard on Tailings Management
Hydro is declaring that all of its tailings facilities with the highest potential consequences in the event of a failure, are in conformance with the ...
August 4, 2023
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Hydro invests in future of Lucé extrusion plant in France
Hydro is investing NOK 67 million (EUR 6 million) in upgrading the equipment, buildings and infrastructure at its aluminium extrusion plant in Lucé, F ...
August 2, 2023