Tag Archives: Hydro

Norway’s first energy-positive office building

From left, Ole Gustavsen, partner and director of Snøhetta as, Line Bull, managing director of Snøhetta Oslo, Petter Eiken, managing director of Skanska Norge, Svein Richard Brandtzæg, CEO of Hydro, Einar Håndlykken, head of ZERO, and Kyrre Olaf Johansen, managing director of Entra Eiendom. (Photo: Lars Nermoen)

Entra Eiendom, Skanska, architects Snøhetta, the environmental organization ZERO, and the aluminium company Hydro are entering into an agreement to build Norway’s first energy-positive office building. The new alliance, Powerhouse, plans to present its first building project in the summer of 2011. In November 2010, ZERO and Hydro began looking for partners who could help realize ...

New Wicona window systems for passive houses now available

Hydro's building systems brand Wicona is launching a new, more accessible aluminium window system for the energy-effective "passive" house market. "We are very happy to offer window systems for passive houses to an even larger market than before," says the head of Hydro's building systems activities, Lars Hauk Ringvold. He says that while ...

Green light for development of Vasstøl power station

The Vasstøl power station will be built where a river enters Vasstølvatn. (Photo: Olav Martin Skaar)

Hydro has decided to build the Vasstøl power station in Suldal, Norway, in connection with a rehabilitation of the dam at Finnabuvatn, which will serve as the power station intake and main reservoir. The total investment is NOK 95 million. Vasstøl power station will represent an annual energy potential of about 26 GWh ...

Hydro to close extrusion plant at Karmøy in 2012

Restructuring of Hydros extrusion operations in Norway, Hydro Aluminium Profiler AS, will affect 94 employees at the Karmøy plant, which will be phased out. (Photo: Svein Erik Wiksnes)

Hydro has decided to phase out its extrusion plant at Karmøy in 2012 as part of its work to restructure the production of aluminum profiles in Norway. Operations at the company’s extrusion plants at Magnor and Raufoss will be strengthened. The restructuring of Hydro’s Norwegian extrusion operations is scheduled for completion by the end of ...

Hydro-Vale agreement granted Norwegian hydropower concession

The Norwegian Ministry of Petroleum and Energy approved on Wednesday Brazilian Vale's planned takeover of 22 percent of the shares in Hydro, as part of the agreement under which Hydro buys Vale's aluminum assets. The concession is unconditional. Vale's takeover of shares in Hydro triggered the need for a license according to Norwegian industrial concession law, ...

Hydro to invest NOK 850 million in Rjukan hydropower upgrade

Hydro will invest about 850 million Norwegian kroner from 2011 to 2015 to upgrade the Rjukan hydropower system in Telemark, southeast Norway, modernizing the major hydro-electric river facility to ensure long-term safe and stable power supplies. The Rjukan power system comprises five power plants – Frøystul, Vemork, Såheim, Moflåt and Mæl – with ...

High honors for good contact with investors

Hydros Investor Relations unit consists of Stefan Solberg (seated), Stian Hasle and Irene Raposo. (Photo: Øyvind Breivik)

Hydro’s work for contact with investors and analysts has been so good that it has won three prestigious awards. Extel Pan-European Awards are presented every year, in various categories, by Thomson Reuters. Winners are chosen based on information received from surveys and voting from among the leading players in the European stock ...

Hydro CEO new chair of International Aluminum Institute

Hydro President and CEO Svein Richard Brandtzæg is the new chairperson of the International Aluminium Institute (IAI). (Photo: Halvor Molland)

Hydro's President and CEO Svein Richard Brandtzæg has been elected chairperson of International Aluminium Institute (IAI), the global aluminium industry association. "I am honored by this appointment, at a time when aluminium metal and materials are experiencing strong growth, and as the industry faces both short-term challenges and long-term opportunities,” Brandtzæg ...

Norsk Hydro Will Boost Brazil Alumina Output by 200,000 Tons

Norsk Hydro. www.hydro.com

Norsk Hydro ASA, Europe’s third- largest aluminum maker, will boost Brazilian alumina production by over 200,000 tons a year to supply growing demand from its smelters in the country and elsewhere, Johnny Undeli, Norsk Hydro’s executive vice president of bauxite and alumina, said. To read the rest of the article, click here. Source: ...