Hydro will be looking to strengthen its position in low-carbon aluminium as part of its 2025 strategic direction, the producer said during its capital markets day on Thursday December 10.
The producer said over the past year it has seen increased demand for its low-carbon brand products, Hydro CIRCAL and Hydro REDUXA, and greater demand is expected also in 2021.
"We have generated cash, cut costs and delivered extensive operational improvements across the company, providing a solid foundation for our growth agenda," president and chief executive officer of Hydro Hilde Merete Aasheim said.
"Now we're raising the bar, setting a new ambitious improvement target for 2025, combined with a clear strategy to make Hydro a profitable and sustainable industry leader," she added.
Reduced cost...