Norsk Hydro
Long products
Norsk Hydro ASA is a leading global aluminium and renewable energy company headquartered in Norway, with operations in approximately 40 countries and over 33,000 employees worldwide. Founded in 1905, the company has evolved from its origins in hydropower-based fertilizer production to become a fully integrated aluminium company.
The company operates across the entire aluminium value chain, from bauxite mining and alumina refining to the production of primary aluminium and recycled aluminium products. Hydro's operations are organized into several key business areas: Bauxite & Alumina, Aluminium Metal, Extrusions, and Energy.
Hydro is particularly notable for its focus on sustainability and low-carbon solutions. The company produces low-carbon aluminium using renewable energy sources, with products like Hydro REDUXA carrying a carbon footprint below 4 kg CO2e per kg aluminium, significantly lower than the global industry average of 15.1 kg. Their premium recycled product, Hydro CIRCAL, contains at least 75% post-consumer scrap and has a market-leading low CO2 footprint of 1.9 kg CO2e per kg aluminium.
The company's renewable energy operations are substantial, with Hydro being Norway's third-largest operator of renewable power production. Through Hydro Rein, the company is developing 8.4 GW of renewable energy projects across Brazil and the Nordics. The company also operates 40 power plants with a combined output of 13.7 TWh of renewable electricity in a normal year.
Hydro has set ambitious sustainability targets, including a 30% reduction in carbon emissions by 2030 and aims to achieve net-zero emissions by 2050. The company is actively investing in modernizing its facilities and expanding its recycling capabilities to meet growing demand for low-carbon aluminium products, particularly in the automotive, construction, and renewable energy sectors.
