Disappointing Norwegian national budget for industry and power development
The proposal for the national budget, presented by the Norwegian government on Friday, October 6, includes several elements that affect Hydro's operat ...
October 6, 2023
Hydro signs long-term power contract with Fortum
Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Fortum for the delivery of 0.44 TWh per year to Hydro’s Norwegian aluminium ...
October 5, 2023
Status share buyback program
Please see below information about transactions made under the share buyback program for Norsk Hydro ASA.
October 4, 2023
Hydro invests in new water treatment plant at Schwandorf legacy site in Germany
Hydro is currently installing a new water treatment plant at the legacy bauxite residue facilities in Schwandorf, Germany. Hydro is investing EUR 3 million in a new water treatment plant at its Schwandorf legacy site in Germany.
October 2, 2023
Hydro signs long-term power contract with Alpiq
Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Alpiq for the total delivery of 1.18 TWh during the period of 2024-2032.
September 25, 2023
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
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
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
Hydro partners with Shell Energy to decarbonize UK operations
From left to right, Roger Ablett, Managing Director for Hydro Extrusions in UK, Greg Kavanagh, Head of Industrial & Commercial Sales at Shell Energy and Ian Bould, HSE, Quality and Sustainability Director for Hydro Extrusions in UK. Photo: Colin Whyman/Hydro 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
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
