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Hydro Increase Quality & Stability for Aluminium Foil Products

Metal News - Published on Fri, 04 Oct 2019

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Hydro announced September 10 a comprehensive restructuring of its rolling business. New and modern lines will increase quality and product stability for aluminium foil from Hydro. The announced restructuring includes the already planned closure of parts of the foil production at Grevenbroich, as well as efficiency measures across the organization. In September 2018, Hydro announced the exit of the foil conversion business by December 31, 2019.

These closures combined represents approximately 30% of the overall foil production of Rolled Products. A 30 million Euro investment in two modern production lines will increase quality and product stability for aluminium foil in the coming months, as product volumes from older production lines due for closure is shifted to new and modern lines.

Sales director Stefan Knabben in Hydro’s Rolled Products business area said that “The production line we are shutting down in the Grevenbroich plant represent only a minor part of our foil production portfolio. We will definitely fulfill all contracts and are eager to continue offering our foil products from new and modern production lines."

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Posted By : Rabi Wangkhem on Fri, 04 Oct 2019
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