Hydro Internet

Hydro increases improvement ambition from USD 100 to USD 300 per tonne

2010-09-22T08:32:54+02:00

Hydro’s ambition to improve earnings from its wholly owned smelters by USD 100 per tonne is now being increased to USD 300 per tonne. The measures aim to improve the aluminium smelters’ competitiveness and restore profitability to a sustainable level.

Hydro's financial calendar 2010/2011

2010-09-23T16:00:10+02:00

Hydro has updated its financial calender for 2010 and 2011.

Hydro updates expected earnings implications of Qatalum power outage

2010-10-12T13:16:05+02:00

Norsk Hydro ASA’s share of underlying earnings in Qatalum for the third quarter 2010 is expected to be a loss of about NOK 225 million including the effects of lost production and sales, but excluding write-offs of certain fixed assets of about NOK 115 million charged to the third quarter results.

Second quarter 2010: Results rise further on higher aluminium prices and solid sales

2010-07-27T08:24:02+02:00

Hydro had underlying earnings before financial items and tax of NOK 1,110 million in the second quarter, rising from NOK 688 million in the first quarter. Higher realized aluminium prices, continued improvements in alumina operations and higher downstream sales lifted underlying results for the quarter.

Changes to Hydro's Corporate Management Board

Inger Sethov — 2010-08-18T09:06:17+02:00

Arvid Moss has been appointed executive vice president of Hydro's Energy business area.

Qatalum restart imminent, full production expected by end-Q1

2010-09-15T14:03:05+02:00

Qatalum is preparing for an imminent restart of primary aluminium production, following a power outage in early August this year. The plant is expected to reach full capacity by the end of the first quarter 2011.

Fourth quarter 2010 affected by lower prices and higher costs, Vale closing on track

2011-02-16T07:30:05+01:00

Hydro had underlying earnings before financial items and tax (EBIT) of NOK 588 million in the fourth quarter, down from NOK 965 million in the third quarter. Lower realized aluminium prices, higher operating costs and seasonally lower sales volumes weakened underlying results.

Hydro-Vale aluminium transaction to be completed today

2011-02-28T13:55:25+01:00

Norsk Hydro ASA (Hydro) expects to complete the takeover of Vale S.A.’s (Vale) aluminium business today, February 28, 2011.

Hydro-Vale aluminium transaction completed and share capital registered

2011-02-28T13:54:53+01:00

The share capital increase related to the issue of the consideration shares to Vale Austria Holdings GmbH, a subsidiary of Vale S.A., in connection with Hydro’s take-over of Vale’s aluminium business, has now been registered with the Norwegian Register of Business Enterprises and the share capital increase has hence been completed.

Third quarter 2010: Firm cost control in seasonally weak quarter

2010-10-27T07:35:55+02:00

Hydro had underlying earnings before financial items and tax (EBIT) of NOK 965 million in the third quarter, down from NOK 1,110 million in the second quarter. Seasonally lower sales volumes, weaker underlying results for Alumina and Raw Materials and losses for the Qatalum joint venture weighed down underlying results.

Hydro-Vale aluminium transaction expected to close in first half 2011

2010-12-14T08:02:14+01:00

Norsk Hydro ASA expects to close the planned acquisition of Vale SA’s aluminium assets in the first half 2011, representing a delay from the original plan to close the transaction in the fourth quarter 2010.

Capital Markets Day 2010: Shaping the future

2011-01-13T14:49:14+01:00

After an eventful 2010 and the announcement of the biggest transaction in the company’s history, Norsk Hydro ASA is preparing for a new era as a resource-rich and fully integrated aluminium company. A persistent focus on costs and operational performance remains the top priority, as Hydro climbs into a new league in a growing global aluminium industry.

Share capital registered

2010-07-16T19:20:13+02:00

Reference is made to the stock exchange notice published by Norsk Hydro ASA (Hydro) on July 13, 2010. The share capital increase related to the rights issue resolved by the Extraordinary General Meeting of Hydro on June 21, 2010, has now been registered with the Norwegian Register of Business Enterprises and the rights issue has hence been completed.

Rights issue and other proposed resolutions approved by the Extraordinary General Meeting

2010-06-21T11:46:23+02:00

An Extraordinary General Meeting of the shareholders of Norsk Hydro ASA (Hydro) was held today, June 21, 2010, at 09:00 (Oslo time). 743,851,737 shares were represented at the meeting, corresponding to 61.6 percent of the share capital.

Hydro releases rights issue prospectus, subscription period commences

2010-06-25T08:06:30+02:00

Norsk Hydro ASA (Hydro) has today published the prospectus in connection with its fully underwritten rights issue, the terms and conditions for which where were announced on June 21, 2010. The prospectus has been reviewed and approved by the Financial Supervisory Authority of Norway.

Primary insider transactions in Hydro’s rights issue

2010-06-28T08:33:10+02:00

In relation to the ongoing subscription period in the Hydro rights issue, the list below gives an overview of purchases and sales of subscription rights and subscriptions for Hydro shares carried out by primary insiders in Hydro and the primary insiders' related parties on June 25, 2010.

Hydro publishes information memorandum on take-over of majority of Vale’s aluminium business

2010-06-02T08:33:15+02:00

Norsk Hydro ASA has today published an information memorandum in connection with Hydro’s takeover of the majority of Vale S.A.’s bauxite, alumina and aluminium business in Brazil referred to as Vale Aluminium.

Hydro sets terms for the rights issue

2010-06-21T07:00:05+02:00

The Board of Directors of Norsk Hydro ASA (“Hydro”) has set the proposed terms of its underwritten rights issue originally announced on May 2, 2010. The terms are expected to be resolved by Hydro’s Extraordinary General Meeting today, June 21, 2010 at 09:00 (Oslo time).

View webcast of Hydro's Extraordinary General Meeting

2010-06-20T18:50:25+02:00

An Extraordinary General Meeting in Hydro is being held on Monday morning June 21, 2010. If you cannot attend in person, you can follow a webcast of the proceedings on the internet.

Final results of the rights issue

2010-07-13T13:14:43+02:00

Norsk Hydro ASA’s (Hydro) Board of Directors has today approved the final allocation of the shares offered in the rights issue based on the allocation criteria set out in the prospectus dated June 21, 2010. 381,053,600 new shares were offered in the rights issue and have now been allocated. At the end of the subscription period on July 9, 2010, Hydro had received subscriptions for a total of 513,248,736 shares. The rights issue was consequently oversubscribed by 34.7 percent.

Allocation to primary insiders in the rights issue

2010-07-13T17:55:41+02:00

With reference to the final result of the rights issue in Norsk Hydro ASA announced earlier today, the following primary insiders have been allocated shares at a subscription price of NOK 26.30 in accordance with the procedures and on the terms set out in the prospectus dated June 21, 2010.

Share capital registered

2010-07-16T19:13:43+02:00

Additional primary insider transaction in Hydro’s rights issue

2010-07-06T09:37:07+02:00

In relation to the ongoing subscription period in the Hydro rights issue the following additional primary insider transactions have taken place after June 25, 2010.

Employee trust exercises subscription rights in Hydro’s rights issue

2010-07-06T15:36:30+02:00

In relation to the ongoing subscription period in the Hydro rights issue Norsk Hydro Employee Trust Ltd, an independent trust established for a stock option purchase program for Hydro’s employees in the United Kingdom, has been allocated 124,117 subscription rights based on its shareholding in Hydro.

Rights issue oversubscribed – preliminary result

2010-07-09T19:55:09+02:00

The subscription period in Norsk Hydro ASA's (Hydro) rights issue expired at 17:30 (Oslo time) on July 9, 2010. Preliminary counting indicates that Hydro has received subscriptions for approximately 513 million new shares at the end of the subscription period. 381,053,600 new shares were offered, and the rights issue has consequently been oversubscribed by approximately 35 percent.

Closely related party to board member purchases shares

2011-08-11T18:58:22+02:00

A closely related party to Bente Rathe, Deputy Chairperson of Hydro’s Board of Directors, has on August 11, 2011 purchased 5,000 shares in Hydro at NOK 31.42 per share. Bente Rathe's new shareholding, including closely related parties, is 29,000.

Executive vice president and CFO purchases shares

2011-08-19T10:32:37+02:00

Executive Vice President and CFO Jørgen C. Arentz Rostrup on August 19 purchased 5,000 shares in Hydro at NOK 30.00 per share.

Executive Vice President purchases shares

2011-08-23T12:18:38+02:00

Executive Vice President Wenche Agerup has on August 23, 2011 purchased 10,000 shares in Hydro at NOK 30.23. Wenche Agerup's new shareholding in Hydro, including closely related parties, is 20,637.

Second quarter 2011: Results rise on higher volumes and prices

2011-07-26T06:59:35+02:00

Hydro had underlying earnings before financial items and tax of NOK 1,906 million in the second quarter, up from NOK 1,448 million in the first quarter. Higher realized alumina and aluminum prices combined with higher volumes supported underlying results for the quarter.

Closely related party to Executive Vice President purchases shares

2011-08-09T12:33:51+02:00

A closely related party to Executive Vice President Johnny Undeli has on August 9, 2011 purchased 500 shares in Hydro at NOK 30.00 Jonny Undeli's new holding, including closely related parties, is 12,132.

President and CEO purchases shares

2011-08-11T15:31:31+02:00

President and CEO Svein Richard Brandtzæg has on August 11 purchased 5,000 shares in Hydro at NOK 31.00 per share.

Closely related party to Executive Vice President purchases shares

2011-11-24T09:03:57+01:00

A closely related party to Executive Vice President Johnny Undeli has on November 23, 2011 purchased 1000 shares in Hydro at NOK 24.50 Johnny Undeli's new holding, including closely related parties, is 13,132.

Executive Vice President purchases shares

2011-11-24T12:25:12+01:00

Executive Vice President Arvid Moss has on November 24, 2011 purchased 4,000 shares in Hydro at NOK 24.93. Arvid Moss's new shareholding in Hydro, including closely related parties, is 77,457.

Capital Markets Day 2011: Performance frontrunner

2011-12-01T07:02:00+01:00

With substantial long positions within bauxite and alumina in a resource-constrained world, ambitious cost improvement programs in place throughout the value chain and the highly competitive Qatalum smelter in full operation, Hydro is now positioned as a performance frontrunner within the aluminium industry.

Hydro’s financial calendar 2011/2012

2011-10-11T14:47:09+02:00

Hydro has updated its financial calendar for 2011 and 2012.

Third quarter 2011: Improved production performance, higher raw material costs

2011-10-27T06:59:33+02:00

Hydro had underlying earnings before financial items and tax (EBIT) of NOK 1,646 million in the third quarter, down from NOK 1,906 million in the second quarter. The quarter was marked by higher production performance in Bauxite & Alumina, while seasonal declines and higher raw material costs had a negative impact on underlying results. Energy posted record third-quarter results.

President and CEO purchases shares

2011-11-02T08:45:11+01:00

President and CEO Svein Richard Brandtzæg has on November 1, 2011 purchased 5,000 shares in Hydro at NOK 27.50. Svein Richard Brandtzæg's new shareholding in Hydro, including closely related parties, is 62,847.

Hydro sells non-strategic stake in Norwegian power producer

2011-07-26T06:59:46+02:00

Norsk Hydro ASA has on July 25, 2011, entered into an agreement to divest its 20.86% non-strategic ownership stake in northern Norwegian power production company SKS Produksjon AS to Salten Kraftsamband AS for a cash consideration of NOK 1 billion for the shares.

Notice of Annual General Meeting 2011

2011-04-11T08:05:33+02:00

Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at the company's head office at Vækerø, Drammensveien 260, 0283 Oslo on Thursday 5 May 2011 at 4 p.m.

Hydro reports preliminary 2010 pro forma financials after Hydro-Vale transaction

2011-04-15T08:00:59+02:00

Norsk Hydro ASA is reporting preliminary unaudited pro forma condensed combined financial information for 2010 after completing the acquisition of Vale S.A.’s aluminium business on February 28, 2011. The preliminary pro forma financials are released to provide further details on the acquired businesses ahead of Hydro’s first quarter results 2011 to be released on April 29.

Sale of shares to employees

2011-04-19T08:05:20+02:00

Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.

Member of the Board purchases shares

2011-03-16T20:54:18+01:00

Member of the Board of Directors in Norsk Hydro ASA, Inge K. Hansen, has on March 16, 2011 purchased 12,000 shares in Hydro at NOK 42,17 per share. New holding is 12,000 shares.

Member of the Board purchases shares

2011-03-17T14:29:24+01:00

Member of the Board of Directors in Norsk Hydro ASA, Bente Rathe including closely related party, has on March 17, 2011 purchased 17,479 shares in Hydro at NOK 42.04 per share. New holding is 24,000 shares.

Annual reporting 2010: Turning point for a new era

Stian Hasle — 2011-03-18T12:13:59+01:00

Hydro's ambition is to be at the highest level of the world's aluminium industry, President and CEO Svein Richard Brandtzæg states in the company's annual reporting for 2010, published on Hydro's web site on Friday.

Primary insiders purchase shares under Long Term Incentive program

2011-05-13T09:12:34+02:00

Following approval by Norsk Hydro ASA’s Annual General Meeting in 2010, the Board of Directors established a Long Term Incentive (LTI) in the form of a remuneration of 30 percent and 25 percent of annual base salary for the President and CEO and the other members of the Corporate Management Board, respectively, in 2010.

New member of Hydro’s board

2011-05-13T11:33:04+02:00

Ove Ellefsen (55) has been elected member of Norsk Hydro ASA`s Board of Directors. Ellefsen, Project Supervisor in Hydro, replaces Jørn B. Lilleby as one of the Board`s three employee representatives.

Commissioning of power plant further delays Qatalum ramp-up

2011-06-14T08:31:14+02:00

Qatalum, the 50/50 joint venture aluminium plant between Qatar Petroleum and Hydro, is experiencing further delays in reaching full production due to challenges with the commissioning of the power plant’s steam turbines. Qatalum, currently producing at 70 percent capacity, is now expected to reach full production by the end of third quarter 2011.

First quarter 2011: Results rise on higher aluminium prices and stronger sales

2011-04-29T06:12:29+02:00

Hydro had underlying earnings before financial items and tax (EBIT) of NOK 1,448 million in the first quarter, up from NOK 588 million in the fourth quarter. Higher realized aluminium prices and premiums, higher volumes and lower operating costs lifted underlying results for the quarter.

Annual General Meeting approves dividend of NOK 0.75 per share

2011-05-05T20:09:02+02:00

The Annual General Meeting of Norsk Hydro ASA today adopted all the items as proposed on the agenda, including the proposal to distribute a dividend of NOK 0.75 per share.

Issue of commercial paper

2011-05-09T13:59:38+02:00

Norsk Hydro ASA has on May 9, 2011, issued a NOK 1,000 million commercial paper with maturity August 15, 2011, coupon 2.66% p.a. Arranger is DnB NOR Bank ASA, DnB NOR Markets.

Impairments affect Hydro’s fourth quarter results

2009-01-28T07:59:28+01:00

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.

Kjetil Ebbesberg to head Metal Markets in Hydro

2009-02-05T08:00:37+01:00

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.

Issue of commercial paper

2009-02-11T13:17:00+01:00

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.

President and CEO transfers shareholding

2008-11-25T15:18:44+01:00

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.

Svein Richard Brandtzæg new chief executive of Hydro

Inger Sethov — 2009-01-12T08:40:54+01:00

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.

Hydro changes structure and extends corporate management board

Inger Sethov — 2009-01-20T14:28:08+01:00

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.

Hydro signs EUR 750 million revolving credit facility

2009-03-06T15:34:26+01:00

On March 6, 2009, Norsk Hydro ASA signed a EUR 750,000,000 syndicated 3-year revolving credit facility. The facility is for general corporate purposes.

Rostrup new CFO in Hydro, Sæter new Head of Energy

Inger Sethov — 2009-03-10T08:04:44+01:00

Hydro’s head of Energy, Jørgen C. Arentz Rostrup, will take over as the company’s Chief Financial Officer, effective May 1. Rostrup, 43, will continue as a member of the company’s Corporate Management Board and report to Svein Richard Brandtzæg, who takes over as Hydro President and CEO on March 30.

Annual reporting 2008: Up to the challenge

2009-03-20T10:41:04+01:00

"Record sales and historic high prices for aluminium gave way to a free fall in demand and an aluminium price at the lowest point in decades. We experience how quickly and how deeply everything can change – and how vital it is to act upon what is happening, not what you hope will happen,” Hydro President and CEO Eivind Reiten and Executive Vice President and incoming CEO Svein Richard Brandtzæg say in the company’s annual reporting, published on Hydro’s internet site www.hydro.com on Friday.

Hydro continues production curtailment at Neuss

2009-02-11T17:56:47+01:00

Hydro has decided to continue the production curtailment process at its primary aluminium plant in Neuss, Germany, due to weak market conditions and high energy costs for the smelter.

Results fall on write-downs, weak markets

2009-02-18T07:37:42+01:00

Hydro's underlying EBIT was NOK 868 million in the fourth quarter, including inventory write-downs of about NOK 700 million. Underlying EBIT amounted to NOK 1,490 million in the third quarter and 1,699 million in the fourth quarter of 2007. Hydro's results for the quarter reflect the ongoing financial crisis, which has led to a dramatic drop in aluminium prices as a result of a sharp fall in global demand.

Hydro aims to cut 250-300 positions, reduce costs by NOK 700-800 million

2009-03-05T14:31:19+01:00

As previously announced, Norsk Hydro ASA has initiated a review of staff and support functions with an ambition to be among the best of comparable companies, both in terms of cost and dimension of staff functions. Hydro’s ambition is to reduce annual staff- and administration costs by approximately NOK 700-800 million compared to the 2008 level.

Chairman of the Board purchases shares

2008-10-28T13:45:03+01:00

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.

Buyback of shares

2008-10-02T18:13:37+02:00

On October 2, 2008, Norsk Hydro ASA purchased 723,000 own shares in the market at a price of NOK 35.28 per share.

Buyback of shares

2008-10-07T07:19:14+02:00

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.

Third quarter 2008: Result hit by falling markets and input cost pressures

2008-10-21T07:30:06+02:00

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.

Capital Markets Day 2008: Hydro's financial strength provides solid growth platform

2008-09-25T12:03:15+02:00

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.

Buyback of shares

2008-09-29T17:39:02+02:00

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.

Buyback of shares

2008-09-30T18:29:15+02:00

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.

Member of the Board Sten Roar Martinsen purchases shares

2008-10-23T17:30:41+02:00

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.

Executive Vice President Anne Harris purchases shares

2008-10-24T13:13:06+02:00

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.

Member of the Board Finn Jebsen purchases shares

2008-10-24T14:13:35+02:00

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.

Executive Vice President Svein Richard Brandtzæg purchases shares

2008-10-21T14:20:02+02:00

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.

Executive Vice President Arvid Moss purchases shares

2008-10-21T17:20:32+02:00

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.

Executive Vice President Tom Røtjer purchases shares

2008-10-23T11:04:32+02:00

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.

Notice of Annual General Meeting 2010

2010-03-26T12:33:21+01:00

Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at the company's head office at Vækerø, Drammensveien 260, 0283 Oslo on Tuesday, 4 May 2010 at 5 p.m.

Primary insiders purchase shares

2010-03-26T13:38:47+01:00

Primary insiders in Norsk Hydro ASA have subscribed for shares under a general arrangement offered to the employees of Hydro each year. All employees in Norway are being offered to purchase shares valued at NOK 10,000 with a 50 percent discount. The offer consists of 486 shares at NOK 20.57 per share.

Sale of shares to employees

2010-04-23T14:36:55+02:00

Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.

Fourth quarter 2009: Upstream results weak, downstream and energy activities improve

2010-02-17T07:35:52+01:00

Hydro had an underlying loss before financial items and tax of NOK 651 million in the fourth quarter of 2009, compared with a loss of NOK 793 million in the previous quarter, firming slightly on higher realized aluminium prices. Hydro reached a major milestone in December with the start-up of the first cell at Qatalum, and production from all 704 cells at the world-leading aluminium plant in Qatar is expected by fourth quarter 2010.

New member of Hydro's Corporate Management Board

Ole Johan Sagafos — 2010-03-16T12:00:06+01:00

Wenche Agerup has been appointed executive vice president and head of Corporate Staffs in Hydro.

Annual reporting 2009: Time to lean forward again

2010-03-19T10:23:38+01:00

“We entered last year in a state of deep pessimism - but left it with a sense of sober optimism. The bottom is probably behind us. And while the crisis is temporary, the measures we have implemented to meet the crisis are providing lasting improvements,” Hydro President and CEO Svein Richard Brandtzæg says in the company’s annual reporting, published on Hydro’s internet site www.hydro.com on Friday.

Annual General Meeting approves dividend of NOK 0.50 per share

2010-05-04T23:16:42+02:00

The Annual General Meeting of Norsk Hydro ASA today adopted all the items as proposed on the agenda, including the proposal to distribute a dividend of NOK 0.50 per share. The dividend will be paid on May 18, 2010 to ordinary shareholders listed in the Norwegian Central Securities Depository as of May 7. The share will be traded ex-dividend from May 5.

Two new board members in Hydro

Eivind Bull-Hansen — 2010-05-07T11:27:06+02:00

The Corporate Assembly in Norsk Hydro ASA on Friday approved two new members of the company’s Board of Directors, Liv Monica Bargem Stubholt and Eva Persson.

Notice of Extraordinary General Meeting and indicative timeline for the rights offering

2010-05-28T09:17:22+02:00

Notice is hereby given that an Extraordinary General Meeting of Norsk Hydro ASA will be held at the company's head office at Vækerø, Drammensveien 260, 0283 Oslo on Monday 21 June 2010, at 09:00 CET.

First quarter 2010: Results recover on higher aluminium prices and rising demand

2010-04-27T07:42:33+02:00

Hydro had an underlying result before financial items and tax of NOK 688 million in the first quarter 2010, improving significantly from a loss of NOK 651 million in the fourth quarter of 2009, reflecting increased aluminium prices, reduced costs and higher volumes in a seasonally stronger quarter.

Hydro takes over Vale's aluminium business in transforming transaction

2010-05-02T16:18:35+02:00

Norsk Hydro ASA has signed an agreement to take over Vale S.A’s aluminium businesses to form a resource-rich and fully integrated aluminium company, securing Hydro's bauxite supplies in a 100-year perspective.

Closely related party to Executive Vice President purchases shares

2010-05-04T15:40:18+02:00

A closely related party to Executive Vice President Johnny Undeli has on May 4, 2010 purchased 1,000 shares in Hydro at NOK 45.35. Jonny Undeli's new holding, including relatives, is 1,980.

Capital Markets Day 2009: Hydro steps up upstream repositioning efforts

2009-12-02T12:02:41+01:00

Hydro is intensifying efforts to improve its competitive position by launching new cost-reduction measures, following a year of demanding markets and decisive corrective actions. Hydro’s improvement efforts have resulted in positive downstream earnings, while upstream activities remain challenged by the weak aluminium market and a strong Norwegian krone.

Economic downturn leads to first-quarter losses

2009-04-29T07:31:26+02:00

Hydro had an underlying loss before financial items of NOK 493 million in the first quarter of 2009, down from an underlying EBIT of NOK 868 million in the previous quarter. The results reflect the deepening global economic downturn, with historically low aluminium prices and a further fall in already weak downstream markets.

Annual General Meeting held

2009-05-05T19:44:19+02:00

The Annual General Meeting of Norsk Hydro ASA today adopted all the items as proposed on the agenda, including the proposal to pay no dividend for 2008.

Close relative of Executive Vice President sells shares

2009-06-10T10:50:54+02:00

A close relative of Executive Vice President Johnny Undeli has on June 10, 2009 sold 2,000 shares in Hydro at NOK 37.35. Jonny Undeli’s new holding, including relatives, is 980.

Notice of Annual General Meeting 2009

2009-03-20T14:31:01+01:00

Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at the company’s head office at Vækerø, Drammensveien 260, 0283 Oslo on Tuesday, 5 May 2009 at 5 p.m.

Primary insiders purchase shares

2009-03-30T09:51:02+02:00

Primary insiders in Norsk Hydro ASA have subscribed for shares under a general arrangement offered to the employees of Hydro each year. All employees in Norway are being offered to purchase shares valued at NOK 10,000 with a 25 percent discount. The offer consists of 411 shares at NOK 18.23 per share.

Sale of shares to employees

2009-04-22T09:40:39+02:00

Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year.

Grete Faremo leaving Hydro board

Inger Sethov — 2009-10-21T11:17:23+02:00

Grete Faremo, who was named Minister of Defence in the Norwegian government on Tuesday, will resign from the Board of Directors of Norsk Hydro ASA with immediate effect.

Hydro divests automotive structures activities

2009-10-27T06:32:13+01:00

Norsk Hydro ASA has today entered into an agreement to divest its automotive structures business to Benteler Automobiltechnik GmbH, the automotive division of the large German industrial enterprise Benteler Group with headquarters in Paderborn, Germany. The agreement represents a solid, long-term industrial solution for Hydro`s automotive structures activities, and is in line with Hydro’s strategy to focus its extruded activities on profiles solutions and building systems.

Third quarter 2009: Results reflect continued weak markets, volumes rise on restocking

2009-10-27T07:35:44+01:00

Hydro had an underlying loss before financial items and tax of NOK 793 million in the third quarter, compared with a loss of NOK 618 million in the previous quarter, reflecting the frail global economy, low aluminium prices and a weakening US dollar. Downstream results continued to improve, supported by higher volumes and cost saving measures.

Capital reduction

2009-07-13T15:21:38+02:00

Norsk Hydro ASA has on July 13, 2009 completed a capital reduction by cancellation of 7,846,738 shares at par value of NOK 1.098 per share, which includes 3,438,738 shares redeemed from the Norwegian State, represented by the Ministry of Trade and Industry. This is in accordance with the resolution passed by the Annual General Meeting on May 5, 2009 related to the share buyback authorization granted by the Annual General Meeting on May 6, 2008.

Second quarter 2009: Solid cash flow and cost savings, markets remain weak

2009-07-21T10:41:43+02:00

Hydro had an underlying loss before financial items of NOK 618 million in the second quarter, compared with a NOK 493 million loss in the first quarter, as the weak global economy continued to weigh on historically low aluminium markets. Results in downstream operations improved due to seasonally stronger demand and swift adjustments made early in the downturn.

Issue of commercial paper

2009-08-10T14:46:34+02:00

Norsk Hydro ASA has issued a NOK 1 billion commercial paper with maturity February 15, 2010, coupon 2.37%, replacing the commercial paper NO0010491194 maturing on August 13, 2009.

25 years ago: An aluminium giant is born

Jon Kristian Schnell, Eivind Bull-Hansen — 2011-09-01T11:23:11+02:00

A very successful merger. This is how most people would characterize the new company – Hydro Aluminium – born in Norway 25 years ago, on September 1, after the merger with ÅSV. It was the day that brought to life a Norwegian aluminium giant with a strong base in the European market.

Family, fun focus on safety

Tracey Gifford — 2011-09-12T13:24:13+02:00

Kids put safety in the spotlight at a recent “Safety and Fun Day” at Hydro’s aluminium extrusion plant in Birtley in the U.K. This is one example of how Hydro builds good community relations where the company operates around the world.

Hydro divests its stake in Alpart alumina refinery in Jamaica

2011-09-16T12:33:18+02:00

Norsk Hydro ASA has today entered into an agreement to divest its 35 percent interest in the Jamaican bauxite and alumina partnership Alumina Partners of Jamaica (Alpart) to UC Rusal for a cash consideration of NOK 250 million (USD 46 million).

Hydro to install new environmental technology in Årdal

Halvor Molland — 2011-08-16T08:20:45+02:00

Hydro's technology center in Årdal, Norway, is installing a unit to remove sulfur dioxide (SO2) from the flue gas from aluminium production. The unit will reduce annual emissions of SO2 from the technology center by 200 metric tons. It is the first industrial application of this technology.

Hydro walks for Oxfam fundraiser

Kevin Widlic — 2011-08-31T10:30:17+02:00

Hydro's extrusion plant in Belgium treated hundreds of neighbors and local residents to breakfast and musical entertainment as part of its support of Oxfam Trailwalker, an event which raised nearly €500,000 for projects in developing countries. The company also sponsored one of the teams that participated in the 100-kilometer walk.

Lucky day! Hydro breaking ground in China

Kevin Widlic — 2011-08-29T11:29:22+02:00

Hydro is breaking ground in Suzhou to help satisfy the growing local demand of high-value extruded aluminium products and solutions. Its expansion is proceeding as expected, and a pinch of Chinese luck is part of the plan.

Powerhouse wants to add expertise to energy-positive building project

Lars Nermoen — 2011-10-04T15:46:16+02:00

The Powerhouse alliance, which includes Hydro, is looking for companies with expertise to participate in the development of Norway's first energy-positive commercial building. The building will be located at Brattørkaia in Trondheim.

New head of Investor Relations in Hydro

2011-10-10T10:48:50+02:00

Rikard Lindqvist has been appointed head of Investor Relations in Hydro and will be responsible for Hydro's contact with investors and financial markets in Norway and abroad.

Revamp of Holmestrand aluminium rolling mill

Michael Peter Steffen — 2011-10-14T12:46:04+02:00

Hydro will revamp the hot mill at its rolled products plant in Holmestrand, Norway, with an investment of NOK 55 million (about EUR 6 million).

Qatalum at full production

2011-09-25T08:51:25+02:00

The Qatalum aluminium plant in Qatar has achieved full production capacity. The new and modern smelter, a 50/50 joint venture between Qatar Petroleum and Hydro, is serving global customers through its state-of-the-art products casthouse.

Hydro bringing more aluminium to the Americas

Øyvind Breivik — 2011-09-26T10:54:13+02:00

Hydro will expand the scope of its sales of aluminium in the Americas, now that the Qatalum aluminium operation in Qatar is in full production.

Technical seminar on aluminium connecting lines draws attention at Febrava 2011

2011-09-28T14:13:28+02:00

Nearly 500 technicians and industry visitors left the Febrava exhibition in São Paulo with important theoretical information about aluminium and aluminium connecting lines in the installation of split-unit systems. Hydro hosted the technical seminars.

Norway Cup: Going home like champions

2011-08-11T14:19:10+02:00

The boys' team from Alunorte Rain Forest made it all the way to the A finale in the Norway Cup. After losing the match on a penalty shoot-out, the team still had a lot to celebrate.

Hydro states aluminium case at Intersolar Europe

Kevin Widlic — 2011-05-30T13:53:35+02:00

Hydro serves customers in each of the three main segments in the solar market – solar thermal, concentrated solar power, photovoltaic – for all areas of solar energy production. The company will display many of these aluminium applications at Intersolar Europe, the solar industry's largest exhibition.

Norway’s first energy-positive building coming to Trondheim

Lars Nermoen — 2011-06-03T12:19:12+02:00

The Powerhouse alliance, consisting of developers Entra Eiendom, construction group Skanska, architects Snøhetta, environmental group ZERO and aluminium company Hydro will build Norway’s first – and the world’s northern-most – energy-positive commercial building, in Trondheim.

Hydro at GIFA: Global puzzle, local fit

Michael Peter Steffen — 2011-06-08T14:08:03+02:00

Hydro will attend GIFA 2011, the foremost international trade fair of the shape-casting industry in Düsseldorf from June 28 to July 2, as a major supplier of primary aluminium foundry alloys.

Metal Packaging Europe launched at Interpack

Hans-Juergen Schmidt — 2011-05-24T19:54:27+02:00

The head of Hydro's Rolled Products business area, Oliver Bell, has been appointed board member of Metal Packaging Europe, a new pan-European trade body which represents the united interests of producers and suppliers of rigid metal packaging.

Bellenberg results prove energy-positive buildings possible

Lars Nermoen — 2011-05-26T10:34:10+02:00

Measurements of the energy performance at Hydro’s aluminium building systems test center in Bellenberg, Germany, show that the building is generating 80 percent more electricity over the course of a year than it needs for its own consumption.

Hydro wishes Amnesty happy 50th anniversary

Craig Johnson — 2011-05-30T10:49:52+02:00

Hydro has been a long-term supporter of the human rights organization Amnesty International Norway, and President and CEO Svein Richard Brandtzæg joined many others in a celebratory video on the group’s 50th anniversary.

Hydro investing in extrusion press in Brazil

Kevin Widlic — 2011-06-28T08:05:58+02:00

Hydro is investing to add another extrusion press at its aluminium extrusion plant in Brazil. The extension will further strengthen the company's position and boost its ability to meet local demand and broaden its product range in a market that is increasing its consumption of high-value aluminium products.

Q2 interview on CNBC Europe

Eivind Bull-Hansen — 2011-07-27T10:01:36+02:00

Hydro CFO Jørgen C. Arentz Rostrup was interviewed by CNBC Europe on Tuesday in connection with the presentation of the company's second quarter 2011 results. You can view the TV interview here.

Norway Cup: Alunorte team from Brazil aims high

RENATA DE SOUZA FREITAS FECURI — 2011-07-27T08:04:08+02:00

The Alunorte Rain Forest soccer team from Brazil has a lot to celebrate while participating in the Norway Cup youth tournament in Oslo July 31-August 6.

All-aluminium MPE absorber wins at Intersolar

Kevin Widlic — 2011-06-09T08:02:35+02:00

Hydro was one of the three winners of Intersolar's Innovation Award 2011 for its work on Savo-Solar's all-aluminium MPE absorber.

Indian building keeps humming, even during power outages

2011-06-21T10:28:09+02:00

Building-integrated solar cells help the employees at Hydro Building Systems’ new energy-efficient headquarters in Bangalore, India, work uninterrupted – even during power outages.

Hydro’s partnership makes life better in Paragominas

Cesar Vasconcelos — 2011-06-23T15:10:47+02:00

A medical clinic and an educational center established with support from Hydro were recently inaugurated in Paragominas, Brazil.

Hydro is considering to curtail production in Kurri Kurri, Australia

Halvor Molland — 2012-01-11T00:18:20+01:00

Norsk Hydro ASA is considering curtailing production at its Kurri Kurri aluminium plant in Australia. A consultation process has started with the local employees.

Corporate European Works Council agreement signed

Frank Øivind Lillelien, Eivind Bull-Hansen — 2012-01-16T10:46:13+01:00

Hydro has signed a new corporate agreement with the main unions regarding the European Works Council (EWC).

Hydro curtails production in Kurri Kurri, Australia

Halvor Molland — 2012-01-18T07:03:59+01:00

Norsk Hydro ASA has decided to curtail one of three production lines at its Kurri Kurri aluminium plant in Australia. The decision follows a consultation process with the local employees.

Season’s greetings to Save the Children

Eivind Bull-Hansen — 2011-12-19T15:50:41+01:00

Hydro is making a special Christmastime contribution of NOK 500,000 to Save the Children.

Technal wins Batimat Design Award

2011-12-23T10:31:29+01:00

Hydro’s building systems brand Technal has won a prestigious international award for innovation and design for its latest façade concept.

Hydro divests non-strategic stake in Ascent Solar

2012-01-05T08:52:01+01:00

Norsk Hydro ASA has agreed to divest its non-strategic 20.5% stake in the US solar company Ascent Solar to TFG Radiant Investment Group Ltd for a cash consideration of USD 4 million (NOK 24 million).

Hydro's fourth quarter results affected by impairments

2012-02-01T07:02:20+01:00

Norsk Hydro ASA will write down the value of certain fixed assets by approximately NOK 1.3 billion, affecting its fourth-quarter 2011 results. The impairments are a result of a weakening in certain markets and low prices, in combination with raw material and currency pressures. Hydro continues to implement significant corrective measures to address the challenges in the affected businesses.

Aluminium HVAC agreement with Turkish Konveyör

2012-02-06T17:09:58+01:00

Hydro's aluminium tubing plant in Denmark and the Turkish company Konveyör have signed a cooperation agreement designed to support customers and make easier their replacement of copper tubing with aluminium in heating, ventilation, refrigeration and air conditioning applications.

Energy-efficient buildings on tap for Norwegian Minister visiting India

Lars Nermoen — 2012-02-08T13:51:32+01:00

Energy-efficient buildings were on the agenda when the Norwegian Minister of Government, Administration, Reform and Church Affairs, Rigmor Aasrud, visited Hydro’s headquarters in Bangalore, India, on Wednesday.

Hydro Green Aluminium Award

2012-01-23T14:30:18+01:00

Students, researchers and others can compete for a $35,000 prize in the Hydro Green Metal Award for improving the climate footprint of aluminium production.

Tea Light Hunt a great success in Norway

Lisa Lambertsson Bjørk — 2012-01-27T12:47:44+01:00

The environmental campaign Tea Light Hunt is a big hit. Over 23,000 school children from all over Norway have collected more than four million used tea light cups for recycling – and they are not finished yet! Tea Light Hunt hopes to raise awareness about the recycling of aluminium.

Hydro featured in auto campaign

Craig Johnson — 2012-01-31T13:30:48+01:00

Employees from Hydro's extrusion operations in the U.S. are helping profile the use of aluminium in automobiles. This first segment in the "Jobs From Autos" campaign by the Auto Alliance features Matthew Holbrook, a production manager in Hydro's plant in St. Augustine, Florida.

Social programs a success in Brazil

Cesar Vasconcelos — 2011-12-08T12:41:02+01:00

Members of the Quilombolas communities near Hydro’s operations in Brazil appreciate the company’s social programs that benefit local society.

German safety award to Building Systems

2011-10-25T15:42:08+02:00

Hydro’s building systems brand Wicona received the German Occupational Safety and Health Award 2011 for the storage and logistics site in Gerstungen.

Hydro executive elected President of Eurometaux

2011-10-28T16:03:16+02:00

Oliver Bell, head of Hydro’s Rolled Products business, is the new President of Eurometaux. Based in Brussels, the association represents the interests of the European non-ferrous metals industry.

Alouette signs energy Memorandum of Understanding

Halvor Molland — 2011-11-01T07:57:57+01:00

The Canadian aluminium smelter Alouette, 20 percent owned by Hydro, and the Québec government have signed a Memorandum of Understanding (MoU) to acquire energy for a potential expansion project.

Hydro awarded "French-Norwegian Trophy"

Øyvind Breivik — 2011-10-14T13:55:32+02:00

At the French-Norwegian Day in Oslo on Thursday, Hydro was given an award for the company's efforts in developing trade between France and Norway. When choosing the winner, the jury put special emphasis on Hydro's efforts in technological innovation.

Qatar Norwegian School celebrates its 40 years

Halvor Molland — 2011-10-17T10:40:27+02:00

On October 6, 1971, a chartered plane from Norway landed in Doha, Qatar, with 21 adults and 26 children. The Qatar Norwegian School, established by Hydro, opened its doors six days later. The school is now celebrating 40 years of educating Norwegian kids living in Qatar.

Fatal accident at the Albras JV in Brazil

Erik Brynhildsbakken — 2011-10-16T21:58:46+02:00

A local contractor at Hydro’s majority-owned Albras smelter in Brazil died on Saturday from injuries sustained when hit by a forklift last week.

Old office buildings can be energy-positive

Lars Nermoen — 2011-11-21T13:34:34+01:00

The Powerhouse alliance is planning to renovate two office buildings near Oslo to be energy-positive. If the project is realized, the buildings will be the northernmost energy-positive retrofitted buildings.

Highlighting the metal of the future at Qatar Aluminium Symposium

Hege Jacobsen, Eivind Bull-Hansen — 2011-11-28T15:00:52+01:00

"Producing aluminium is technologically advanced. We therefore need good cooperation with universities like the Qatar University to educate the engineers of tomorrow producing the metal of the future, said Odd Ivar Biller, senior vice president in Hydro and Qatalum board member, at the Qatar Aluminium Symposium on November 24.

Nobel Concert a world of music

Craig Johnson — 2011-12-05T17:31:16+01:00

The Nobel Peace Prize Concert, with Hydro as a sponsor, will bring a wide variety of music to the stage in Oslo on Sunday, December 11.

Energy unit in Hydro wins innovation award

Erik Brynhildsbakken — 2011-11-11T11:48:01+01:00

The Portfolio unit in Hydro's Energy business area has won the Powel Innovation Award, recognizing Hydro's value-capturing ability within the fast-changing power markets in the Nordics and mainland Europe.

Greenwashing: a potential credibility problem for aluminium

Øyvind Breivik — 2011-11-17T14:47:31+01:00

"A producer promoting recycled content above 90 percent is 'greenwashing' its metal," Hydro's Roland Scharf-Bergmann warned in a speech at a Metal Bulletin conference in Istanbul, Turkey, on Thursday.

Powerhouse online

2011-11-21T13:24:33+01:00

The alliance developing energy-efficient building solutions, Powerhouse, has launched a new website and logo on powerhouse.no.

Hydro CEO named to EAA post

2010-10-22T14:57:05+02:00

Svein Richard Brandtzæg, president and CEO of Hydro, has been elected vice chairperson of the European Aluminium Association (EAA).

Tomago reach long-term power agreement

Thomas Knutzen — 2010-11-12T09:45:41+01:00

Tomago Aluminium in New South Wales, Australia, in which Hydro holds 12.5 percent, Friday announced that it has secured its power supply up until 2028, following the signing of an 11-year base-load power supply contract with Macquarie Generation.

Hydro debuts energy-use software at GreenBuild Expo in USA

Lynn Brown — 2010-11-15T18:10:00+01:00

Hydro will introduce its ArchiWizard building energy-use simulation software while showcasing its aluminium extrusion-based building systems at GreenBuild Expo 2010. The show and conference takes place November 16–19 at Chicago's McCormick Place West.

Hydro to invest NOK 850 million in Rjukan hydropower upgrade

2010-09-27T10:00:02+02:00

Hydro will invest about 850 million Norwegian kroner from 2011 to 2015 to upgrade the Rjukan hydropower system in Telemark, southeast Norway, modernizing the major hydro-electric river facility to ensure long-term safe and stable power supplies.

Hydro-Vale agreement granted Norwegian hydropower concession

Inger Sethov — 2010-09-29T16:03:42+02:00

The Norwegian Ministry of Petroleum and Energy approved on Wednesday Brazilian Vale's planned takeover of 22 percent of the shares in Hydro, as part of the agreement under which Hydro buys Vale's alumunium assets. The concession is unconditional.

Aluminium at Chillventa 2010

Kevin Widlic — 2010-10-05T12:12:54+02:00

Hydro will be exhibiting aluminium components at Chillventa 2010 for use in air conditioning and refrigeration systems. The move from copper to aluminium is on its way as customers are discovering better performance, lower refrigerant volumes and more cost-effective solutions. Hydro is a frontrunner in material substitution in this market segment.

Hydro to close extrusion plant at Karmøy in 2012

Kevin Widlic — 2010-12-08T14:06:52+01:00

Hydro has decided to phase out its extrusion plant at Karmøy in 2012 as part of its work to restructure the production of aluminum profiles in Norway. Operations at the company’s extrusion plants at Magnor and Raufoss will be strengthened.

Fatal accident at Hydro’s LogNor facility in France

Erik Brynhildsbakken — 2011-01-09T18:18:57+01:00

A subcontractor working at Hydro’s LogNor facility near Soissons in France suffered fatal injuries on Saturday from an electric shock during installation work at the new logistics and surface treatment plant for Wicona, a brand within Hydro’s building systems operations.

Hydro and MIT working together to improve aluminium recycling

Ole Johan Sagafos — 2011-01-17T14:19:02+01:00

Hydro has entered into an agreement with the Massachusetts Institute of Technology (MIT) to develop modeling and analyses to optimize the recycling of aluminium.

Strong growth expected in global aluminium recycling

Thomas Knutzen — 2010-11-18T14:52:07+01:00

Industry forecasts point toward 75 percent growth in aluminium recycling in the next decade. Roland Scharf-Bergmann, head of Hydro's Recycling unit, attributes the growth to a change in mindset and perceptions in our society.

Fatality at Alunorf

2010-11-21T11:28:23+01:00

One person died in an accident at the Alunorf rolling mill in Neuss, Germany, on Saturday morning.

Hydro increases prices for aluminium rolled products

Michael Peter Steffen — 2010-11-30T12:01:16+01:00

The price increases on Hydro's rolled products in aluminium, planned for the second quarter 2011, will be considerably more differentiated than before in the market, better reflecting actual manufacturing costs and evening out current local price differences.

Energy-efficient building delivers power to German consumers

Lars Nermoen — 2010-09-23T09:58:07+02:00

Since Hydro in March started measuring energy production and consumption at the company’s German test center for energy-efficient aluminium building solutions, the building has produced as much as four times more power than it has used.

Power outage stops production at Qatalum

2010-08-10T08:55:40+02:00

The Qatalum aluminium plant in Qatar halted metal production following a power outage at 04.40 Monday, August 9.

Qatalum production to resume as soon as possible

2010-08-11T12:01:00+02:00

“We will do what we can to get aluminium production at Qatalum back on track as soon as possible in a safe and responsible manner,” says Hilde Merete Aasheim, executive vice president for Hydro’s Primary Metal business area.

Fine start for Holsbru project

Lars Nermoen — 2010-09-07T21:34:32+02:00

Hydro has started the blasting of new feeder tunnels this week from the two lakes Holsbruvatn and Rausdøla to the old hydropower station at Tyin in the county of Sogn, Norway.

Aluminium helps cut greenhouse gas emissions

Thomas Knutzen — 2010-07-01T12:51:20+02:00

The aluminium industry can be CO2 positive in a decade’s time. Reduced emissions from recycling, as well as the use of aluminium in automotive, buildings and in solar energy, will more than offset CO2 emissions from primary aluminium production.

High honors for good contact with investors

2010-07-26T17:17:30+02:00

Hydro’s work for contact with investors and analysts has been so good that it has won three prestigious awards.

Hydro takes full control of Taiwan remelter

2010-07-30T15:13:43+02:00

Hydro has signed an agreement to acquire the remaining 15.1 percent of the Formosa Alloy Materials Company (Famco). The Taiwan aluminium remelt plant consequently becomes a fully owned subsidiary of Hydro.

Aluminium product premiums could go higher

Thomas Knutzen — 2010-09-15T09:59:16+02:00

The markets for aluminium casthouse products are currently very tight, and Hydro expects this to continue into 2011, Kjetil Ebbesberg, head of the Metal Markets business area in Hydro, said during the international Aluminium 2010 trade fair in Essen, Germany.

European Aluminium Award to Hydro solar technology partner Ritter

2010-09-15T12:54:53+02:00

Ritter Energie & Umwelttechnik GmbH, a German pioneer company in solar thermal technology and development partner of Hydro, has won the European Aluminium Award 2010 in the category Industrial Products - Building & Construction.

Qatalum resumes production

2010-09-15T14:01:37+02:00

The Qatalum plant in Qatar restarted aluminium production on Wednesday from the first cell, following a shutdown on August 10.

Again on the Dow Jones Sustainability Indexes

Eivind Bull-Hansen — 2010-09-09T16:25:04+02:00

Hydro has again been named a component of the Dow Jones Sustainability World Indexes (DJSI World).

Hydro raises conversion prices for General Engineering strip and sheet

2010-09-13T12:04:14+02:00

Hydro will increase prices for uncoated rolled aluminium products from its General Engineering Product Group (GE) by EUR 100 per tonne, effective January 2011, for all quarterly and monthly negotiated agreements.

Meet us at Aluminium 2010 in Essen

2010-09-06T14:54:34+02:00

Hydro is presenting an exciting array of aluminium products and solutions at the prestigious Aluminium 2010 trade fair in Essen, Germany, on September 14-16.

Brazilian and Norwegian unions meet to kick off dialog

2011-04-06T09:24:46+02:00

Employee representatives from Hydro’s board of directors met with local union leaders in Pará, Brazil, last week to discuss the systems and mechanisms for dialog across the company after the integration of the newly acquired Brazilian operations.

More aluminium precision tubing at Shanghai show

Kevin Widlic — 2011-04-07T17:35:42+02:00

Hydro's precision tubing unit in China has been steadily increasing its amount of deliveries to non-automotive customers, and the company is working to capture more business this year. Thursday was the first day of China Refrigeration 2011, and Hydro was ready in Shanghai.

Hydro at Interpack: “We can”

Michael Peter Steffen — 2011-04-08T10:30:32+02:00

Hydro will demonstrate its aluminium solutions for the packaging industry at Interpack 2011 in Düsseldorf, Germany, on May 12-18.

Aluminium foil scrap becomes art in Bonn

Michael Peter Steffen — 2011-03-28T13:16:13+02:00

These tons of aluminium process scrap from Hydro's plant in Grevenbroich, Germany, should have been destined to become new foil for yoghurt pot lids, blister packaging for tablets or chocolate wrapping. Instead, they're art.

Hydro Day at NTNU

2011-04-04T14:27:12+02:00

Hydro will hold an important profiling event at NTNU (Norwegian University of Science and Technology) in Trondheim on Wednesday, April 6.

Hydro announces sheet and strip price hike

Michael Peter Steffen — 2011-04-05T12:46:04+02:00

Hydro is hereby informing general engineering customers of a €50 per metric ton increase for uncoated 5xxx-series aluminium sheet and strip.

Høyanger plant wins prestigious “Competence Award”

Craig Johnson — 2011-05-11T15:08:49+02:00

Hydro's primary metal plant in Høyanger, Norway, has been honored with a “Competence Award 2011” from HR Norge, Norway’s member organization for HR and management personnel.

Hydro joins prestigious industry group ICMM

Craig Johnson — 2011-05-11T13:50:33+02:00

Hydro has been accepted as a member of the International Council on Mining and Metals (ICMM), a global industry organization that is committed to sustainable business practices.

Hydro participates in Industries Fair in Brazil

Cesar Vasconcelos — 2011-05-23T11:29:16+02:00

A stand presenting Hydro's operations in Brazil and around the world underlined the company's participation in the 10th Industries Fair of the State of Pará (FIPA) in Belem from May 18-21.

Hydro sells Rjukan industrial park

Erik Brynhildsbakken — 2011-04-13T09:00:03+02:00

Hydro has entered into an agreement to sell Rjukan Næringspark, Hydro’s industrial park in Rjukan, Norway, to Rjukan Næringspark KS. Fearnley Finans Eiendom ASA has been the facilitator for the new partnership that has acquired the industrial park.

Norway’s first energy-positive office building

Lars Nermoen — 2011-04-30T09:05:38+02:00

Entra Eiendom, Skanska, architects Snøhetta, the environmental organization ZERO, and the aluminium company Hydro are entering into an agreement to build Norway’s first energy-positive office building. The new alliance, Powerhouse, plans to present its first building project in the summer of 2011.

Mythbusting in sunny Barcelona

Lars Nermoen — 2011-05-04T15:44:53+02:00

“Energy production from solar cells and solar collectors is key to a Zero-Energy Building,” says Giovanni Nurzia, R&D project manager and solar “mythbuster” at Hydro's laboratory for Zero-Energy Buildings in sunny Barcelona.

InnoMateria Award to European project for super-light cars

Michael Peter Steffen — 2011-03-17T15:09:06+01:00

The “SuperLIGHT-CAR” project and Hydro scientist Jürgen Hirsch were presented with a prestigious award at the InnoMateria conference and exhibition in Cologne, Germany, on March 15-16.

Hydro wins orders for tubing for solar collectors

Kevin Widlic — 2011-01-31T12:58:31+01:00

Hydro has captured its first aluminium tube orders for solar collectors, and taken the lead in Europe in the introduction of aluminium tubes to the solar thermal industry as a replacement for traditional copper tubes.

New Wicona window systems for passive houses now available

Lars Nermoen — 2011-02-02T10:12:39+01:00

Hydro's building systems brand Wicona is launching a new, more accessible aluminium window system for the energy-effective "passive" house market.

Centro Alum and Hydro – trusted partners

Craig Johnson — 2011-02-09T12:13:19+01:00

Centro Alum is celebrating 25 years in business supplying aluminium extrusions for windows and doors around Barcelona. Building close relationships based on trust is the secret to its success.

Hydro invests downstream in China

Kevin Widlic — 2011-01-18T13:05:21+01:00

Hydro is investing to extend its Suzhou plant with two new aluminium extrusion presses. The extension will increase the ability of the company to meet local demand for products and components in the largest downstream aluminium market in the world.

Hydro wins first prize at BAU

Lars Nermoen — 2011-01-18T19:14:05+01:00

Hydro’s building systems brand Wicona won the first prize in the building rehabilitation category at the world’s biggest building exhibition, BAU 2011, in Munich, Germany.

Green light for development of Vasstøl power station

Erik Brynhildsbakken — 2011-01-21T14:11:28+01:00

Hydro has decided to build the Vasstøl power station in Suldal, Norway, in connection with a rehabilitation of the dam at Finnabuvatn, which will serve as the power station intake and main reservoir. The total investment is NOK 95 million.

"Upward trend for alumina market prices"

Ole Johan Sagafos — 2011-03-10T10:27:26+01:00

“The future pricing of bauxite and alumina should reflect the fundamentals of the value chain,” Executive Vice President Johnny Undeli said in Metal Bulletin’s Bauxite and Alumina Conference in Miami this week.

Brandtzæg enthusiastic after go-round in Brazil

2011-03-11T13:38:26+01:00

“My enthusiasm over the acquisition of Vale’s aluminium activities in Brazil certainly isn’t diminished after having been there and seen the facilities. It looks really good, and our goal is to make it even better,” says Hydro President and CEO Svein Richard Brandtzæg after his first visit to Pará.

Hydro signs global frame agreement with unions

2011-03-15T16:42:09+01:00

Hydro and four of its unions have signed an agreement aiming to secure the development of good working relations in Hydro’s worldwide operations.

New research project launched on aluminium production in Qatar

2011-02-14T14:27:35+01:00

A research project on aluminium production in Qatar has been launched by the Materials Technology Unit (MTU) at the Qatar University, the Norwegian University of Science and Technology (NTNU), the Qatalum aluminium company and Hydro.

Royalty in aluminium

Lars Nermoen — 2011-02-21T15:32:41+01:00

When the best ski jumpers in the world prepare for flight at Oslo's Holmenkollbakken at the 2011 FIS Nordic World Ski Championships, Norway's royal family will watch from their new aluminium-and-glass arena suite – complete with aluminium building components from Hydro.

IAI launches aluminium recycling website

2011-02-22T13:14:04+01:00

Hydro's President and CEO Svein Richard Brandtzæg, who is chairperson of the International Aluminium Institute (IAI), on Tuesday welcomed the launch of a new IAI website highlighting the recycling advantages of aluminium products.