Looking for a specific product?

Make a search for products & suppliers, articles & news.

Hydro takes control of Taiwan remelter

Norwegian aluminium producer Hydro has signed an agreement to acquire the remaining 15.1 percent of the Taiwan aluminium remelt plant Formosa Alloy Materials Company (Famco). Consequently the remelt plant now becomes a fully owned subsidiary of Hydro.

“The remelter is positioned in a market of strategic importance to Hydro, especially considering that the Qatalum aluminium plant is expected to reach full production in the fourth quarter this year, with Asia as its main market," says Kjetil Ebbesberg, executive vice president of Hydro's Metal Markets business area.

With an annual production capacity of about 75,000 tons of high-quality extrusion ingot, meeting Hydro’s standards, the acquisition will strengthen Hydro’s position in the fast-growing Asian aluminium market, according to a company press release.

Associated companies:


Related news

Latest news

SAR Celebrates 2nd anniversary in Kuwait

SAR Celebrates 2nd anniversary of operation in Kuwait.

SAR AS Celebrates 30 years of operation!

The history of SAR goes 50 years back to the late 1960s with the company Septik Tank Co. 

Ready to conquer the world with Hansen Protection Helicopter pilot suits

In 2017, for the first time in the history of helicopter sport, the World Cup in Helicopter Races is going to be held. It is going to take place in 7 countries, and starts on Friday April 7th in Konakovo, Russia.

SeaBass Fisherman's Work / Flotation Suit

SeaBass is a waterproof, buoyant work suit for anyone working on or around water.

Improved Surface Rescue Preparedness can Save Lives

A significant part of the Norwegian fire and rescue services lack good apparel for use in surface rescue operations. This can mean the loss of valuable time in rescue operations in water, and experts now call for a change ...

Historical contract for Norwater AS!

The excitement was at its height at Norwater AS in Høylandsbygd on Wednesday last week. The company signed its biggest contract in history, in strong competition with both Norwegian and foreign competitors. The order book ...

Export Credit Norway Finances Production of Ready-to-use Therapeutic Foods in South Africa

Since being founded in 1948, the Norwegian company GC Rieber Compact has developed into a leading supplier of ready-to-use therapeutic foods to customers such as Doctors Without Borders, the Red Cross, the World Food Progr...

Peru Corporate Day

On 26th September, Oslo Chamber of Commerce will for the first time receive a technological business delegation from Peru to Norway, led by PROMPERÚ.

New contract for delivery of Servogear CPP

The Servogear installation includes CPP propellers,