Industry News

Hydro’s strategic investment of EUR 14.8 million to upgrade the annual recycling capacity in Atessa

Views : 406
Update time : 2024-06-07 16:06:19
Hydro, the Norwegian aluminium and renewable energy company, is set to invest EUR 14.8 million in upgrading the recycling facilities at its extrusion plant located in Atessa, Italy. This substantial investment aims to facilitate the production of Hydro CIRCAL recycled aluminium.

About the project

The upgrade project in Atessa will significantly enhance the plant's recycling capacity, increasing it from 30,000 to 40,000 tonnes annually. Notably, 20,000 tonnes of this capacity will be dedicated to producing low-carbon aluminium derived from 75 per cent recycled post-consumer scrap.

The allocated funds will primarily go towards acquiring state-of-the-art recycling equipment. This includes a de-lacquering line, an additional furnace, and various facility upgrades. This strategic investment underscores Hydro's commitment to sustainable practices and reinforces its position as a leader in the aluminium industry.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern