Extrusion acquisition

Norsk Hydro’s acquisition of Arconic’s two extrusion plants in Brazil has been completed, strengthening Hydro’s downstream position in Brazil and creating a solid platform for further growth. The two extrusion plants in Utinga and Tubarão in southern Brazil have more than 600 employees in total, one casthouse, seven extrusion presses ranging from 7 to 14 inches, and value-added capabilities. The transaction is in line with Hydro’s strategy of selected growth within its business area Extruded Solutions, and will strengthen Hydro’s downstream position in Brazil. “We believe in the importance of being close to our customers to offer high-quality customised extrusions…