Norsk Hydro ASA entered into an agreement to sell its Hydro Rolling business to KPS Capital Partners for €1.380 billion (approximately US$1.67 billion) on an enterprise value basis. “Hydro launched a strategic review of our Rolling business area in 2019, along with other strategic measures towards profitability and sustainability,” said Hilde Merete Aasheim president and […]
Hydro has developed and implemented a new method for the final disposal of bauxite residue (also known as red mud), which the company has been testing at its Mineração Paragominas bauxite mine in the northern state of Pará, Brazil. This pioneering technology, called Tailings Dry Backfill, replaces the need for raising and building new dams […]
Hydrovolt, the joint venture between Hydro and Northvolt announced in mid-2020, has started construction of its new NOK 120 million (US$14.1 million) car battery recycling facility in Fredrikstad, Norway. The plant will have the capacity to process more than 8,000 tonnes of modules from car batteries each year, with the possibility to expand in the […]
Hydro is working with Nuvosil, a circular economy start-up based in Norway, to launch an industrial pilot project on new technologies for the recycling of aluminum and silicon. The aim of the project is to significantly reduce energy consumption and processing costs. The Low Energy Recycling (LER) project is being developed by consortium partners Hydro […]
By Andrea Svendsen, Managing Editor. The Hydro Extrusion North America facility in Cressona, PA, has been in operation since 1942, when it was commissioned by the U.S. government to support World War II efforts. Today, the over 1.6 million sq ft site has ten direct and indirect extrusion presses, ranging in sizes from 10 to […]
Hydro has developed EcoDesign, a new method for the development of sustainable aluminum products. The method provides a means for creative collaboration between designers and materials engineers enabling them to improve the functionality of a product, as well as its social and environmental footprint. This complements the growing number of products and services the company is offering […]
Hydro is ramping up additional aluminum recycling capacity at its plant in Azuqueca, Spain. The €10 million investment includes the installation of a new delacquering unit and melting furnace in order to produce Hydro CIRCAL — aluminum made with a minimum of 75% recycled, post-consumer scrap. “We are very pleased that we are able to ramp […]
Hydro and Northvolt, a leading European battery manufacturer based in Sweden, formed a 50/50 joint venture, called Hydro Volt AS, which will focus on enabling the recycling of battery materials and aluminum from electric vehicles (EVs). A typical EV battery pack may contain more than 25% aluminum, totaling about 70-100 kg aluminum per pack. “We […]
