Norsk Hydro ASA - Company Profile
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Norsk Hydro ASA (Norsk) is a supplier of aluminum. Its operations include power production, bauxite extraction alumina refining, aluminium smelting, remelting, rolling activities recycling and extruded solutions. The company’s portfolio of products include bauxite, alumina, traffic poles, light poles, solar mounting systems, trains and rail, E-charging stations, warehousing logistics, roof rails and decorative trims, inner grooved tubes, hydro circal, extrusion ingots, foundry alloys, sheet and remelt ingots, wire rods, foil for technical applications, and strips and sheets. The company also owns and operates hydropower plants. It serves various industries such as automotive, transport, building and construction, marine and offshore, industrial design, infrastructure, electronics, general engineering, HVACR, printing, and solar industries. The company has operations in various countries in Argentina, Canada, Brazil, India, Japan, Turkey, Singapore, South Korea, Qatar, France, Norway, Spain, Portugal, Sweden, Germany, the US, Belgium and the UK The company include various battery plants includes Hydrovolt, and Vianode. It also includes corvus energy, provides energy storage solutions for maritime. Hydro is headquartered in Oslo, Norway.
Norsk Hydro ASA premium industry data and analytics
Products and Services
Products | Brands |
---|---|
Electricity | Hydro CIRCAL |
Bauxite | Hydro REDUXA Material |
Alumina | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Financing Agreements | In February, the company entered into US$1,000 million revolving multi-currency credit facility for general corporate purposes. |
2023 | Contracts/Agreements | In December, the company entered into a partnership with Volvo Group for zero emission value chains. |
2023 | Stake Sale | In December, the company sold its 30% stake in Hydro Alunorte alumina refinery in Brazil to Glencore. |
Competitor Comparison
Key Parameters | Norsk Hydro ASA | Aluminum Corporation of China Ltd | Alcoa Corp | Fortum Corp | Shandong Nanshan Aluminium Co Ltd |
---|---|---|---|---|---|
Headquarters | Norway | China | United States of America | Finland | China |
City | Oslo | Beijing | Pittsburgh | Espoo | Yantai |
State/Province | Oslo | Beijing | Pennsylvania | - | Shandong |
No. of Employees | 32,724 | 67,383 | 13,600 | 5,225 | 15,255 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Dag Mejdell | Chairman | Executive Board | 2012 | - |
Hilde Merete Aasheim | Chief Executive Officer; President | Senior Management | 2019 | - |
Rune Bjerke | Deputy Chairman | Executive Board | 2020 | - |
Paul Warton | Executive Vice President - Hydro Extrusions | Senior Management | 2021 | - |
Therese Rod Holm | Executive Vice President - Communication and Public Affairs | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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