Hydro publishes information memorandum on the acquisition of Sapa
Norsk Hydro publishes an information memorandum in connection with its acquisition of Orkla’s 50 percent interest in Sapa. The information memorandum is attached hereto. The information memorandum was approved by the Oslo Stock Exchange on 31 July 2017.
August 1, 2017
Alunorte Rain Forest teams primed for Norway Cup
Since 2001, thousands of Brazilian youngsters have participated in a Hydro-sponsored educational-sports program leading to the Norway Cup soccer tournament. The 2017 teams are in Oslo, ready for action.
July 27, 2017
Second quarter 2017: Results up on higher aluminium prices
Hydro's underlying earnings before financial items and tax increased to NOK 2,930 million in the second quarter from NOK 2,284 million in the first quarter, mainly driven by higher aluminium prices and favourable currency developments. Lower realized alumina prices and increased raw material costs had a negative impact on results.
July 25, 2017
Norsk Hydro: Sapa (joint venture) - Announcement of results for the second quarter 2017
Underlying EBIT for Sapa in the second quarter increased compared to the previous quarter, in line with general seasonality in the industry but also related to improved performance.
July 14, 2017
Union representatives on Hydro-Sapa match: “Positive for employees”
Union representatives from both companies were present during the signing of the agreement between Hydro and Orkla on Monday. The union representatives stand together behind one message: “This will be positive for employees in both companies.”
July 10, 2017
Hydro acquires Sapa to create a global aluminium champion
Norsk Hydro has agreed with Orkla to acquire its 50 percent interest in Sapa for a total enterprise value of NOK 27 billion, giving full ownership in the global leader in extruded aluminium solutions and making Hydro a leading force in the global aluminium industry.
July 10, 2017
Norway’s Prime Minister Erna Solberg to attend inauguration of Karmøy technology pilot
On August 24, Hydro inaugurates the Karmøy technology pilot, producing the world's most climate- and energy efficient primary aluminium. The celebration will also mark 50 years of aluminium production at Karmøy.
July 7, 2017
Qatalum working to solve logistical challenges arising from Middle-East tensions
The Qatalum aluminium plant is working to solve outbound logistical challenges arising from the uncertain situation in the Middle-East after Saudi Arabia, UAE, Bahrain and Egypt cut off transportation links and severed diplomatic ties with Qatar.
June 6, 2017
Stock exchange announcement
New board member in Hydro
The Corporate Assembly in Norsk Hydro ASA on Tuesday approved Svein Kåre Sund as new member of Hydro’s Board of Directors for a period of two years.
May 24, 2017
Chancellor Merkel at Hydro automotive line inauguration: ‘A promise for the future’
German Chancellor Angela Merkel and Norwegian Prime Minister Erna Solberg inaugurated Hydro’s new automotive line for light and advanced aluminium solutions in cars, in Germany.
May 4, 2017