Hydro to invest in new production line

Norwegian aluminium producer Norsk Hydro will invest €130 million ($179 million) in a new production line at its rolled products plant in Grevenbroich, Germany, in a move aimed at increasing its capacity in automotive products.

The new line will boost capacity for aluminium car body sheet to 200,000 tpy, the company said. “In the search for light-weighting vehicles and reducing [carbon dioxide] emissions, automotive customers are looking for innovative solutions in aluminium,” executive vp Oliver Bell, head of Hydro's rolled products business, said in a statement. “We are therefore increasing our production capacity of state-of-the-art...

Published

Claire Hack

February 25, 2014

14:03 GMT

London