Norsk Hydro

Norwegian aluminium and renewable energy company

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2024 Rune Bjerke was appointed as the Chairman of Norsk Hydro.
May 2024 Eivind Kallevik became the CEO of Norsk Hydro, succeeding Hilde Merete Aasheim.
2021 Hydro begins receiving approximately 1.0 TWh of electricity annually from the Fosen Vind wind farm as part of a long-term power purchase agreement.
2020 Hydro Global Business Services was established to provide centralized Finance, IT, and HR services across all Hydro company businesses, with its largest service hub located in Székesfehérvár, Hungary.
2020 Fosen Vind wind farm becomes fully operational, marking a significant milestone in Hydro's renewable energy strategy for securing electricity for aluminium production.
2019 Hilde Merete Aasheim takes the position of Chief Executive Officer after Svein Richard Brandtzæg.
February 2018 Norsk Hydro was forced to cut aluminium production by 50% at its Albras plant in Pará, Brazil, following allegations of environmental contamination. Local researchers discovered a clandestine waste pipe with elevated levels of aluminum, nitrate, sulphate, chloride, and lead near the facility.
October 2017 Hydro acquired Orkla's 50% ownership in Sapa, taking over the company and establishing a new business area called Extruded Solutions, with an enterprise value of NOK 27 billion.
September 2013 Hydro combined its aluminium extrusion operations with Sapa, creating a 50/50 joint venture between Hydro and Orkla.
2011 Purchased Vale's aluminium assets in Brazil for $4.9 billion, gaining the world's largest alumina refinery, control of the Paragominas bauxite mine, and significant stakes in Albras and Alunorte aluminium facilities.
2010 Hydro acquired the Brazilian bauxite, alumina, and aluminium production assets from Vale, an international mining and metals company.
2010 Hydro and QatarEnergy inaugurated Qatalum, a 50-50 joint venture aluminium plant in Qatar, which was the largest aluminium plant ever launched in one step, with an annual capacity of 585,000 metric tons of primary aluminium and a 1350 MW natural gas power plant.

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