Tag Archives: Hydro

Hydro to Boost Renewable Energy Use at Alumetal’s Kety Plant to Support European Green Transition

(IN BRIEF) Hydro’s Alumetal recycling plant in Kety, Poland, will enhance its sustainability by installing solar panels to generate 1,000 MWh of renewable electricity annually, set to be operational by mid-2025. The EUR 870,000 investment is part of Hydro’s broader … Read the full press release

Hydro Secures 8-Year Renewable Energy Deal to Power Low-Carbon Aluminium Production

(IN BRIEF) Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro’s Norwegian aluminium plants from 2025 to 2032. This agreement supports Hydro’s efforts to produce … Read the full press release

Hydro and Vaan Unite to Pioneering Sustainable Solutions in Yachting

(IN BRIEF) Hydro has renewed its partnership with Dutch yacht builder Vaan Yachts BV to advance sustainability in the yachting industry. Building on five years of collaboration, the two companies have signed a letter of intent to develop sheet materials … Read the full press release

Hydro Leads the Charge in Aluminium Recycling for a Sustainable Future

(IN BRIEF) Hydro is intensifying its commitment to recycling post-consumer scrap (PCS) to achieve zero-carbon aluminium. Since launching its recycling growth agenda in 2020, the company has recycled over 1.4 million tonnes of PCS, positioning itself as a leader in … Read the full press release

Driving Change: Hydro and Mercedes-Benz Launch Ambitious Amazon Sustainability Initiative

(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release

Hydro Opens New Aluminium Recycling Plant in Hungary to Meet Growing Demand for Sustainable Materials

(IN BRIEF) Hydro has opened a new aluminium recycling plant in Székesfehérvár, Hungary, with a capacity of 90,000 tonnes, primarily serving the automotive sector. The facility processes post-consumer scrap and production waste, supporting the demand for low-carbon, recycled aluminium. This … Read the full press release

Hydro Extrusion Sweden Launches Onsite Renewable Energy Production for Zero Emissions

(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release

Hydro Appoints New Leaders to Drive Future Growth and Strategy

(IN BRIEF) Hydro has announced significant changes to its Executive Leadership Team under the new leadership of President and CEO, Eivind Kallevik, who took office on May 13, 2024. Hanne Karine Simensen, previously the Head of Commercial in Hydro Aluminium … Read the full press release

Hydro Expands Recycling Capacity to Accelerate Decarbonization Efforts

(IN BRIEF) Hydro has inaugurated the Høyanger Recycling facility, a significant step in its commitment to decarbonize the aluminium value chain and foster a circular economy. With an investment of NOK 240 million, the purpose-built facility, located near its primary … Read the full press release

Hydro Energi AS Secures Long-Term Power Deal with Swiss Provider Alpiq

(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release

Norwegian Government and Industry Stakeholders Forge Agreement on CO2 Compensation Scheme for Decarbonization

(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

Hydro Expands Commitment to Green Transition with First Suppliers Hub Membership

(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release

Hydro Tests Emission-Free Plasma Technology to Revolutionize Aluminium Production

(IN BRIEF) Hydro, a leading aluminium producer, is making significant strides in its quest to achieve zero CO2 emissions in aluminium production. The company is testing emission-free plasma technology in its Sunndal casthouse, aiming to electrify the energy-intensive aluminium remelting … Read the full press release

Hydro Reduces Carbon Footprint of Hydro CIRCAL Recycled Aluminum to 1.9 kg CO2e/kg

(IN BRIEF) Hydro has achieved a significant reduction in the carbon footprint of its Hydro CIRCAL recycled aluminum, lowering it to 1.9 kg of CO2e/kg aluminum from the previous 2.3 kg of CO2e/kg. This achievement is the result of advancements … Read the full press release

Hydro Completes $1.11 Billion Sale of Stake in Brazilian Alumina Refinery and Bauxite Producer

(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release

Hydro Unveils Ambitious Plans for Greener Aluminium and Sustainable Growth

(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release

Oman’s Sanvira Tech Inks Deal to Supply Carbon Anodes to Hydro’s Norwegian Smelters

(IN BRIEF) Hydro, a global aluminium producer, has signed a significant agreement with Sanvira Tech LLC to secure a stable supply of carbon anodes from Oman for its Norwegian aluminium smelters. The contract spans eight years with extension options and … Read the full press release

Hydro Marks 10-Year Investment Milestone in Brazilian Biodiversity Research Consortium

(IN BRIEF) Hydro, the Norwegian aluminum company, has celebrated a decade of investment in the Pará Biodiversity Research Consortium (BRC) in Brazil, amounting to approximately BRL 15 million. Over the years, the BRC has transformed from a formal agreement into … Read the full press release