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Hydro sells Spanish Paint Line to Installux Group

Metal News - Published on Wed, 04 Dec 2019

Image Source: Hydro Santa Oliva
Hydro has signed an agreement with Installux Group for the sale of the Santa Oliva plant in Spain. The decision to divest is part of the overall review in Extruded Solutions, aiming to optimize and streamline the portfolio. The transaction is expected to be completed in Q4 2019. The Santa Oliva plant is part of the Extruded Solutions business area and has around 50 employees.

CIRCAL and REDUXA, Hydro’s extrusion ingot with a guaranteed maximum carbon footprint of 4kg of CO2 per 1kg of aluminium produced, are part of Hydro’s efforts to lower climate emissions and increase recycling of aluminium.

Source :

Posted By : Arun Huidrom on Wed, 04 Dec 2019
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