Norsk Hydro completes Europe's largest aluminum supply plant in Norway.As part of an aluminum supply site overhaul, Norsk Hydro Norsk Hydro ASA (OSE: NHY, NYSE: NHY) is a Norwegian aluminium and renewable energy company, headquartered in Oslo. Hydro is the fourth largest integrated aluminium company worldwide. It has operations in some 40 countries around the world and is active on all continents. ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and , Oslo, Norway, completed the construction of reportedly Europe's largest aluminum alloy supply facility in Sunndal, Norway. The cost of the 700,000-sq.-meter plant was NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 150 million ($23.7 million) less than the NOK 5.6 billion ($887.8 million) budgeted. Overall, NOK 6 billion ($951.2 million) has been invested in the new facility. During the last three years, the company demolished 60,000 sq. meters of the previous facility and built 75,000 sq. meters of new buildings, where a total of 340 new electrolytic e·lec·tro·lyt·ic adj. 1. Of or relating to electrolysis. 2. Produced by electrolysis. 3. Of or relating to electrolytes. e·lec reduction cells have been installed. Within the plant, which employs 900, there are two casthouses that can produce 400,000 tons of billets and aluminum casting alloys. Hydro plans an annual production of 300,000 tons of extrusion ingots and 80,000 tons of primary metalcasting alloys. |
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