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Norsk Hydro
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Europe May Remain a Net Importer of Caustic Soda as Capacity Is Threatened by The EU
May 23, 2014Europe is likely to remain a net importer of caustic soda as capacity is threatened by the EU's 2017 deadline to make the costly switch to greener technology, Michael Trager, CEO of German PVC producer Vestolit, said this week. "In the ...
Tags: Caustic Soda, chlorine
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CGG Has Signed a Contract with The Norwegian Petroleum Directorate
Dec 13, 2013CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract ...
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Norsk Hydro Expects Global Aluminum Demand Will Rise Over The Next Decade
Dec 9, 2013Norsk Hydro, one of the world's largest aluminum producers expects global aluminum demand will rise over the next decade. It will increase capital expenditures by about 40% to equipment next year. Impact of the global economic downturn ...
Tags: Aluminum, Metallurgy, Mineral
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NPD and The Oil Companies in The Diskos Group Awarded Contracts for Software & Operation
Nov 19, 2013The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is ...
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Vale Plans to Sell 407 Million Shares of Norsk Hydro ASA to Cut Costs and Boost Profits
Nov 14, 2013Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
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Brazilian Mining Group Vale Has Reduced Its Stake in Norsk Hydro to 2%
Nov 14, 2013Brazilian mining group Vale has reduced its stake in Norwegian aluminum producer Norsk Hydro to 2% from 21.6% and may completely offload its holding in the company, Hydro said Tuesday. Vale announced on Monday an offering to sell shares ...
Tags: mining group, Mineral
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Norsk Hydro Has Signed an Agreement to Sell The Aluminum Rolling Mill in Malaysia
Nov 4, 2013Reportedly, Norsk Hydro has signed an agreement to sell the aluminum rolling mill in Malaysia to Nippon Foil Mfg. Co., Ltd. (NFM), a wholly owned subsidiary of UACJ Corporation, based in Japan. It’s leaned that the transaction prices ...
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Martin Andersen Assumed The Mantle on Realizing an Existing Idea
Nov 1, 2013Moving the steep, surrounding mountains that deny sunlight into the valley for nearly half the year wasn’t possible. As such, Martin Andersen assumed the mantle on realizing an existing idea that would instead bring the sunlight to ...
Tags: Mirrors, Construction, Decoration
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Mr Eivind Kallevik Has Been Appointed Executive Vice President
Dec 25, 2012Mr Eivind Kallevik has been appointed Executive Vice President and Chief Financial Officer for the Norwegian aluminium company Norsk Hydro ASA. The appointment of Kallevik, currently head of Finance in Hydro's Bauxite & Alumina business ...
Tags: aluminium, Norsk Hydro ASA, aluminium industry, company news
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Vale SA Is in No Rush to Sell Its Stake in Norwegian Aluminum Group Norsk Hydro ASA
Dec 12, 2012Reuters reported that Brazil's Vale SA is in no rush to sell its stake in Norwegian aluminum group Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that the company which is scaling back investments and focusing more on core iron ore ...
Tags: core iron ore operations, oil and gas exploration, stake
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Hydro Is Expecting World Aluminium Demand Outside China of 2% to 4% in 2013
Dec 12, 2012Reuters reported that Hydro is focusing its Capital Markets Day 2012 on the improvement efforts being made throughout the company, aiming to create a global leader in aluminium. Hydro is expecting world aluminium demand outside China of 2% ...
Tags: aluminium extrudé, extruded aluminium, aluminium profile
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Vale SA Is in No Rush to Sell Its 22%Stake in Norway Based Norsk Hydro ASA
Dec 11, 2012Vale SA,the giant Brazilian mining company is in no rush to sell its 22%stake in Norway based aluminum company Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that"We will sell when it is showing value for Vale.The asset wasn't core ...
Tags: Vale SA, aluminum, mining, Norsk Hydro ASA
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Norwegian Aluminium Group Norsk Hydro Hopes to Pay an Unchanged Dividend on 2012
Dec 6, 2012Reuters reported that Norwegian aluminium group Norsk Hydro hopes to pay an unchanged dividend on 2012 earnings as the global market continues to recover from a slump. The market outside China could grow 2% to 4% next year after this ...
Tags: Norsk Hydro, metal, aluminium
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Novelis Is Building EUR 200 Million Aluminium Recycling Plant in Germany
Dec 4, 2012Reuters reported that US based rolled aluminium products group Novelis is building EUR 200 million aluminium recycling plant in Germany. Mr Tadeu Nardocci head of Novelis European unit said that completion of the plant, in Nachterstedt in ...
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Thin-Film Photovoltaic Films Looks to Raise Cash to Bolster Weak Balance Sheet
Sep 20, 2012Ascent Solar stock tumbles on public offering news 20 Sep 2012 Struggling manufacturer of thin-film photovoltaic films looks to raise cash to bolster weak balance sheet. Victor Lee Ascent Solar,the developer of flexible copper indium ...
Tags: ascent solar, public offering, stock, CEO Victor Lee