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

Industry's preferred pipeline standard gets update by DNV GL

A number of requirements related to linepipe fabrication,

Servogear Hybrid CPP for the World’s First Hybrid Catamarans in Commercial Traffic

Norled AS is one of Norway’s largest ferry and express boat operators. 

CMR is helping companies in Hordaland with research-based innovation

CMR has won a contract with Hordaland county council as competence broker. The contract is part of the Research-based Regional Innovation (FORREGION) scheme.

ISO to release final draft of ISO 45001 – Occupational Health & Safety

The ISO 45001 Final Draft International Standard (FDIS) is scheduled to be released for review on November 30. In case of a positive vote the standard is expected to be published in February 2018.

DNV GL helps reduce cost of compliance with innovative approach to independent verification of oil and gas assets

Verification surveys applying remote witnessing involve equipping a technician onsite with hardware (a camera or smartphone) and dedicated software which enable remote...

Renewables exports are increasing, but more rapid growth is required

Reorientation among oil and gas suppliers boosted international sales of renewable energy equipment and services by Norwegian companies, writes Ivar Slengesol, Director of Industry and Clean Technologies at Export Credit N...

The world’s most modern wellboat

The wellboat Ronia Diamond was characterised as the “most modern wellboat the world has seen” during her christening in Bergen on 23 September.

Joint industry collaboration to boost offshore and marine sector with Additive Manufacturing (3D printing), Drone and Digital Twin technologies

DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) ...

DNV GL line optimization brings ten per cent fuel savings for Hapag-Lloyd Cruises’ new expedition cruise vessels

“The design concept for the two new ships was ‘inspired by nature’,” says Dr. Henning Brauer,