Norsk Hydro ASA Business Report FY2011

Business Highlights

Recent Years
Heat Exchanger
-The Company's rolling mills produce a wide variety of strip and sheet used in the manufacture of heat exchangers for passenger and commercial vehicles as well as other product applications. The Company is the largest supplier in Europe, working with key customers such as Behr, Denso and Modine, to develop specially adapted alloys and optimized production techniques to fit their manufacturing processes.

Aluminium Sheet and Coil
-The Company is the second-largest supplier of aluminium sheet and coil to the European automotive market for interior and exterior vehicle body parts, chassis and component applications. Key customers include BMW, Daimler,  Peugeot and Porsche. Production is focused within their Grevenbroich and Hamburg plants.

Precision Tubing
-The Company produce and sell products used in heat transfer applications, mainly for the automotive market, which represents about 75 percent of the total market segment. The Company operate globally and have leading market positions in Europe, North America and South America, and a smaller, developing market position in Asia. Key customers for products such as air conditioning and cooling systems, radiators, heat pumps, charge air coolers, transmission oil coolers and evaporators include Volkswagen, Denso, BMW, Delphi, TI, Valeo, Hutchinson, Visteon, Parker and Behr.

New Plant

-In Sept. 2011, the Company announced that the Qatalum aluminium plant in Qatar, a 50/50 joint venture between Qatar Petroleum and Hydro, has achieved full production capacity. Qatalum can produce 585,000 metric tons of primary metal per year. Products from Qatalum make it possible to serve new customers in South America, as well as offering primary foundry alloys to U.S. customers. (From a press release on September 25, 2011)

-In Sept. 2011, the Company held a ground-breaking ceremony for its new extrusion press facility in Suzhou, Jiangsu Province, China. The company intends to start production in August 2012. The other extrusion press, which will start production some months earlier, will be part of the existing precision tubing operation. This plant, which opened in May 2005, delivers heat transfer components and systems to the automotive industry. Hydro will invest 315 million NOK (approximately 40 million euros) in the two new extrusion presses. (From a press release on September 1, 2011)


R&D Facilities

R&D network -Norway: Oslo, Raufoss, Sunndalsora, Karmoy, Porsgrunn, Ardal
-Denmark: Logumkloster
-Germany: Bonn, Ulm, Neuss
-Belgium: Neupen
-US: Holland (MI)