Industry giants agree to increase pace of battery production in Norway
Elkem, Hydro, and Altor have announced increased investment in battery production. The investment will initially produce graphite for more than 20,000 electric cars per year….
Hydro
Hydro is building a factory for recycling electric car batteries in Fredrikstad
Together with Northvolt, Hydro will build a facility for recycling electric car batteries in Norway. “This is very important,“ said Prime Minister Erna Solberg (H)….
Hydro resumes production at a mine in Brazil
Hydro has resumed production at Paragominas bauxite mine in Brazil, the company said. As a consequence, production at Hydro’s aluminum refinery Alunorte will also be…
Hydro has paid 760 million after spill at the Alunorte plant
The spill at Hydro’s plant in Brazil has cost the company around NOK 760 million, according to preliminary accounts from the Brazilian authorities. The costs…
Hydro’s top boss named the world’s 13th most powerful woman in business
Fortune Magazine has named Hydro’s CEO, Hilde Aasheim, the world’s 13th most powerful woman in business. Aasheim took over as CEO of Norsk Hydro on…
Hydro cuts 2,200 employees
Aluminum giant Norsk Hydro announces cuts of 2,200 employees by 2023. It is not known how many will be affected in Norway. A total of…
Hydro will save 600 million – cuts up to 735 full-time equivalents
Hydro announces a significant restructuring that entails cuts in staff at costs of 60 million euros – almost 595 million NOK. The plan will lead…
Hydro launches greener brands
New greener brands CIRCAL and REDUXA set a new standard for low-carbon and recycled aluminium and make it easier for customers to promote more sustainable…
Ransomware attack cost Hydro nearly NOK ½ billion
Ransomware attack cost Hydro nearly NOK ½ billion The Ransomware attack on Hydro in March is expected to cost the company between NOK 400 and…
Hydro Computers affected for months
Still months before everything is back to normal for the computer systems of Hydro The data attack on Hydro may have taken place for several…
Hydro infected by ransomware virus
Hydro infected by the LockerGoga ransomware virus Norsk Hydro is affected by a ransomware virus, CFO of Hydro, Eivind Kallevik, confirms. He describes the situation…
Brazil case has cost Hydro NOK 100 million
The Brazil case has cost Hydro 100 million in fines and attorney’s bills.In addition,NOK 7 billion in losses and expenses. On Hydro’s annual capital…
Brazilian state prosecutors attack Hydro
Brazilian state prosecutors attack Hydro State Prosecutor Ricardo Negrini in Brazil demands that Norsk Hydro responds to how they will solve the challenges in the…
Hydro dives into the fish-farming industry
Hydro and Ecomerden have developed a new aluminium solution for closed offshore fish farming. While offshore structures are traditionally constructed in steel, more companies…
Hydro STUDY: No Brazil Leaks
Heavy rains last February at the Norsk Hydro Alunorte facility in Barcarena, Para state, Brazil created an outcry that bauxite toxic waste was poisoning fresh…
Hydro switches area manager to solve ‘Alunorte crisis’
Hydro switches Area Manager in Brazil to solve their challenging situation.The Alunorte refinery has been subject to production cuts following accusations of contaminated water. …
Hydro: NOK 2.7 billion for Icelandic aluminum plant
Norsk Hydro has offered $345 million – just over NOK 2.7 billion – for the Icelandic aluminum plant, ISAL. “The bid shows that we…
Hydro has taken over the aluminium company Sapa
Norsk Hydro has taken over Orkla’s 50% stake in the aluminium company Sapa, in line with an agreement entered into in July. Orkla reported…
Hydro on top of Dow Jones Sustainability list
Hydro has been selected industry leader in the aluminium sector on the Dow Jones Sustainability World Index (DJSI World) – for the first time since…
Hydro opens ‘the world’s most climate friendly’ facility at Karmøy
With attendance by Prime Minister Erna Solberg, and a free concert by Alan Walker, Hydro will very soon open the world’s most climate-friendly aluminum…
