Shape Corp. signed an agreement with Hydro Aluminium through which the companies will partner on bringing low-carbon Hydro CIRCAL® aluminum to the U.S. market. CIRCAL is a low-carbon aluminum product, which contains high amounts of post-consumer scrap. As a global Tier 1 supplier of multi-material impact energy management and lightweight body structures, Shape will explore […]
Hydrovolt, a battery recycling joint venture between Hydro and Northvolt, has started commercial recycling operations at its plant in Fredrikstad, Norway. The new facility provides a sustainable solution for handling end-of-life electric vehicles (EVs). “Hydrovolt represents a milestone on Norway’s trailblazing journey towards widespread electric transportation,” said Peter Qvarfordt, CEO of Hydrovolt. “Norway has been […]
Hydro broke ground on a new $150 million state-of-the-art aluminum recycling facility located at the Southwest Michigan Advanced Research and Technology (SMART) Park in Cassopolis, Michigan. Along with a number of other recycling projects underway, the new facility in Cassopolis will be a key stepping-stone in Hydro’s ambition of doubling recycling of post-consumer aluminum by […]
Hydro is investing US$20 million in Verdox, a spin-off of the Massachusetts Institute of Technology (MIT), which is commercializing an all-electric carbon capture technology. The new technology will be applicable for capturing emissions from both aluminum production and directly from the air. It will be utilized at Hydro’s aluminum smelters to reduce their overall carbon […]
Hydro is focused on sustainability, having set ambitious climate, environmental, and social targets — including the goal of achieving net-zero emissions by 2050. Currently, the company is on track to meet this goal, with the expectation of reducing its emissions 10% by 2025 and 30% by 2030 (from a 2018 baseline). One of Hydro’s main […]
Hydro unveiled its peace bench in City Hall Square in Oslo, Norway. Placed outside the Nobel Peace Center, the aluminum bench was designed as a tool for dialog, its semi-circular shape bringing those who sit on it closer together. The peace bench is named “The Best Weapon” after a quote by Nobel Peace Prize laureate […]
Hydro plans to invest NOK 390 million (US$39.5 million) in a new extrusion press at its aluminum manufacturing plant in Suzhou, China. The project will will serve China’s growing automotive and electric vehicle market, as well as create 75 new jobs. “We’ve succeeded in building a platform in China toward the e-vehicle market, but we need […]
Hydro is investing EUR 40 million to expand its Rackwitz recycling plant near Leipzig, Germany, to enable the production of HyForge™ forging stock. The expansion will significantly increase the use of post-consumer aluminum scrap and will serve automotive customers with smaller-diameter, high-quality billets that may be forged directly into high-quality automotive components. “After successfully introducing […]
Hydro signed a letter of intent (LOI) with Midwest Energy and Communications (MEC) to acquire a property in the Cassopolis, Michigan. The company plans to use the property to build a new state-of-the-art, greenfield aluminum recycling plant for the production of aluminum extrusion billet. The move is a key step towards Hydro’s ambition of doubling […]
