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Hydro Alunorte signs USD 200 million sustainability-linked loan to finance fuel switch project
Category: Business News
Alunorte has signed a USD 200 million sustainability-linked loan for the fuel switch project. The pricing of the loan will be linked to the performance of the company’s greenhouse gas emission reduction target. “The Alunorte fuel switch project is one of the main enablers to deliver on Hydro’s sustainability ambitions to reduce greenhouse gas emissions […]
Source: Hydro
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Hydro included in Fortune’s 2022 World’s Most Admired Companies list
Category: Business News
Hydro claims a place among the world’s most admired companies as one of only three companies from Scandinavia in Fortune’s 2022 World’s Most Admired Companies list.
Source: Hydro
Published: March 2, 2022
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U.S. Claims Title of World’s Largest LNG Exporter
Category: Business News
(Bloomberg) –The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December after a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by Bloomberg. Cheniere […]
Source: World Oil
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Hydro to Produce First Near-Zero Carbon Aluminium in 2022
Category: Business News
In launching its new sustainability ambitions, Hydro has announced its intention to deliver its first commercial volumes of near-zero carbon aluminium in 2022. Hydro is also continuing its technology efforts toward an industrial scale pilot producing carbon-free aluminium by 2030. Read full article.
Source: Hydro
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Hydro on Track to Build New State-of-the-Art Recycling Plant in Cassopolis, Michigan
Category: Business News
Hydro has made the investment decision for the construction of a new state-of-the-art aluminium recycling plant producing 120,000 tonnes of aluminium extrusion ingot per year. Construction is set to start in early Q2 2022, with production commencing in 2023. The plant will have approximately 70 direct employees. Read full article.
Source: Hydro
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