Two Mexico metalcasters benefit from Norsk Hydro divestment.
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, has agreed to sell its European automotive castings business to Nemak of Mexico, Monterrey. In addition, Hydro, an energy and aluminum group, will sell its share in a Mexican castings plant, Castech, to the joint venture partner Grupo Industrial Saltillo, Saltillo, Mexico. The business primarily focuses on engine blocks and cylinder cylinder, in mathematics, surface generated by a line moving parallel to a given fixed line and continually intersecting a given fixed curve called the directrix; each line of the family of lines forming the cylinder is called a ruling, or generator. heads.
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