- Business
- Norsk Hydro ASA engages in the production and sale of aluminum and aluminum-related products worldwide. The company operates through segments including Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Extruded Solutions, and Energy, offering products such as bauxite, alumina, primary aluminum, rolled aluminum products including flat rolled products and lithographic plates, extruded aluminum profiles for building systems, automotive, marine, and industrial applications; recycled aluminum; and energy production from hydropower. It provides services in casthouse operations, remelting, and extrusion services. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway, with operations in Europe, North America, South America, Asia, and Australia.
In recent developments, the company completed the acquisition of the remaining 20% stake in Hydro Reine, enhancing its extrusion capabilities in Europe, and launched new low-carbon aluminum products under its Hydro REDUXA brand to meet growing demand for sustainable materials. Additionally, Norsk Hydro ASA formed a strategic partnership with the automotive sector for battery-grade aluminum and expanded its recycling capacity through investments in facilities in Germany and the United States. These initiatives reflect the company's focus on sustainability, circular economy practices, and growth in green aluminum markets amid global energy transition trends.