Hydro is striving to become the most sustainable aluminium company in the industry. Since the start of last year, it has announced more than 25 sustainability related projects, totaling more than
Since becoming Hydro's CEO in
Hydro has followed up with back-to-back years of strong profitability and many future oriented investments aimed at improving the sustainability of its operations in the aluminium business.
'Aluminium is a key material for the green transition. Hydro expects the demand for 'near zero' aluminium to grow much faster than the overall market demand growth. We are investing heavily in our operations with the aim of fulfilling the ambition of aluminium production with net-zero emissions,' says Aasheim.
The company is building upon a sturdy foundation, including a 55 percent reduction of carbon dioxide emissions at its aluminium metal plants in
In April, Hydro announced a tender offer for 100 percent of the shares of the recycling company
Hydro invests billions in making its aluminium more sustainable Hydro invests billions in making its aluminium more sustainable
Hydro is striving to become the most sustainable aluminium company in the industry. Since the start of last year, it has announced more than 25 sustainability related projects, totaling more than
Since becoming Hydro's CEO in
Hydro has followed up with back-to-back years of strong profitability and many future oriented investments aimed at improving the sustainability of its operations in the aluminium business.
Hydro President & CEO
'Aluminium is a key material for the green transition. Hydro expects the demand for 'near zero' aluminium to grow much faster than the overall market demand growth. We are investing heavily in our operations with the aim of fulfilling the ambition of aluminium production with net-zero emissions,' says Aasheim.
The company is building upon a sturdy foundation, including a 55 percent reduction of carbon dioxide emissions at its aluminium metal plants in
In April, Hydro announced a tender offer for 100 percent of the shares of the recycling company
In addition to the announced investments, here are other sustainability related highlights from Hydro's aluminium operations over the past year:
In February, Hydro announced it had accepted a role as a materials partner in the Polestar 0 project for the Swedish electric carmaker Polestar. The only aluminium partner in the project, Hydro will support Polestar in its goal to build a climate neutral car by 2030.
In May, Hydro's recycling plant in Clervaux, Luxembourg, produced 130 tonnes of aluminium made with 100 percent post-consumer scrap. This is its first commercial volumes of near-zero carbon aluminium.
Also in May, Hydro's recycling plant in
In July, the part-owned aluminium plant Qatalum in
In August, Hydro's extrusion plant in
Hydro's wholly owned primary aluminium plants, recyclers, casthouse activities and the Brazilian joint venture Albras are all ASI certified. Hydro's Bauxite & Alumina business area, the Paragominas bauxite mine and Alunorte alumina refinery in
Contact:
Anders Vindegg
Head of External and Internal Communication
Group Communication
T: +47 93864271
E: anders.vindegg@hydro.com
(C) 2022 Electronic News Publishing, source