Norsk Hydro (OTCQX:NHYDY) closed four extrusion plants in the U.S., U.K., France and Lithuania to reduce costs in the unit that was affected by weak electric vehicle sales, the aluminum producer said ...
Company CEO says strong aluminum metal prices helped to drive near-record earnings in the company's primary aluminum business, however.
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 ...
July 23 (Reuters) - Profit at aluminium producer Norsk Hydro (NHY.OL), opens new tab sank 18% in the second quarter as extrusion volumes for the metal, energy spot sales and recycling margins all fell ...
(MENAFN- GlobeNewsWire - Nasdaq) 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 ...
The Northeast Pa Manufacturers & Employers Association is hosting a tour of Hydro-Extrusions North America for MAEA members only on April 17 from 11 a.m. to 1 p.m. Registration is required for the ...
Hydro continues to execute on its 2030 strategy, delivering strong results over the last twelve months amid uncertain markets. The ability to create value from opportunities arising from the green ...