July
Stock exchange announcement
July 29, 2008
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 25, 2008
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 24, 2008
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 22, 2008
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
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 17, 2008
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
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 14, 2008
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 11, 2008
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
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 8, 2008
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 3, 2008
What had been a nearly a dry, stone desert is today an idyllic, living river through Rjukan, Norway.
July 1, 2008
Hydro has formally acquired the privately owned Alumafel Group, one of the most established and well-known aluminium building systems brands in Spain.
