Hydro is a leading industrial company that builds businesses and partnerships for a more sustainable future.
We develop industries that matter to people and society. Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for our 31,000 employees in more than 140 locations and 40 countries.
Hydro is present in a broad range of market segments for aluminum, energy, metal recycling, renewables and batteries, offering a unique wealth of knowledge and competence to our customers and partners. Hydro is listed on the Oslo Stock Exchange (ticker: NHY).
Hydro’s new state-of-the-art aluminum recycling plant in the Smart Park will open in 2023 with approximately 70 employees. When ramped up to full production, the plant will produce 120,000 metric tons of low-carbon aluminum extrusion ingot per year. The expected investment is USD 150 million.
Unique to Hydro, Hydro CIRCAL aluminum extrusion ingot contains at least 75% post-consumer scrap, certified by third-party auditors DNV GL, and has a market-leading CO2 footprint of just 2.3 kg CO2e/kg aluminum. With a growing focus on sustainably produced aluminum, a number of North American customers have expressed interest in Hydro CIRCAL.