About Norsk Hydro ASA
Norsk Hydro ASA operates as an integrated aluminum company worldwide. Segments The company operates through Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Extruded Solutions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, as well as the sale of alumina. The Primary Metal segment is involved in the primary aluminum production, remelting, and casting activities. This segment primarily offers extrusion ingots, foundry alloys, sheet ingots, and standard ingots. The Metal Markets segment sells products from the company’s primary metal plants; operates remelters; and trades in physical and financial metals. The Rolled Products segment operates rolling mills and a primary metal plant. This segment primarily offers aluminum foils, strips, sheets, and lithographic plates for application in the packaging, automotive, and transport industries, as well as for offset printing plates. The Extruded Solutions segment offers extrusion profiles, building systems, and precision tubing products; and is present in approximately 40 countries. The Energy segment includes operating and commercial responsibility for the company’s power stations in Norway and energy sourcing for its world-wide operations. This segment owns and operates 26 hydroelectric power plants with an installed capacity of approximately 2,000 MW in Norway. Customers The company is present within various market segments for aluminum, with sales and trading activities throughout the value chain serving approximately 30,000 customers. The company supplies to a range of downstream markets, primarily the packaging, lithographic, building, automotive and transport sectors. Joint ventures The company has joint venture with Qatar Aluminium Ltd., a primary aluminum smelter; and Sapa AS, an aluminum solutions company that delivers products within extrusions, building systems and precision tubing. Research and Development The company’s total expensed research and development cost was NOK 500 million in 2017. History Norsk Hydro ASA was founded in 1905.
