Hydro has decided to consolidate the Extrusions operations in Europe with a proposal to close five of its European plants. This move is made to optimize the extrusion footprint in Europe and ...
Hydro Extruded Solutions AS has agreed with Arconic to acquire its two extrusion plants in Brazil. The agreement will strengthen Hydro`s downstream position in Brazil and create a solid platform for ...
Feb 14 (Reuters) - Norsk Hydro (NHY.OL), opens new tab has closed four extrusion plants in the United States, Britain, France and Lithuania to cut costs in the unit hit by weak electric vehicle sales, ...
Oslo, Norway-based aluminum producer Hydro will close extrusion plants in Kalamazoo, Michigan, and Belton, South Carolina, due to oversupply concerns and an effort to streamline the company’s North ...
Earnings Call Insights: Norsk Hydro ASA (OTCQX:NHYDY) Q4 2024 The company reported an adjusted EBITDA of NOK7.7 billion and a free cash flow of NOK1.7 billion. CEO Eivind Kallevik highlighted strong ...
COPENHAGEN, Nov 26 (Reuters) - Norwegian aluminium producer Hydro (NHY.OL), opens new tab said on Wednesday it would close five extrusion plants in Europe by 2026. "The reality in the European market ...
NORTH LIBERTY — Hydro Extrusion North America, a manufacturer of aluminum products here, will get a $1.1 million tax break over a decade-long period to support a $9.5 million expansion project. The ...
Hydro’s aluminium extrusion plant in Magnor is now certified according to the ASI Performance Standard. ASI aims to see sustainability and human rights ...
Norwegian renewable energy company Norsk Hydro (OTCQX:NHYDY) plans to streamline its European extrusions business by proposing the closure of five plants as part of an effort to sharpen ...
The company reported an adjusted EBITDA of NOK7.7 billion and a free cash flow of NOK1.7 billion. CEO Eivind Kallevik highlighted strong results in bauxite and alumina driven by high alumina prices ...
Hydro's European aluminium volumes have fallen in recent years, partly due to weaker EV production amid Germany's subsidy cuts and EU tariffs on Chinese imports. Norsk Hydro has closed four extrusion ...