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Hydro Initiates Major Decarbonization Projects
Here's an article by Fast Markets on Hydro's decarbonization projects under their new CEO
According to this article:
- Hydro is advancing three key decarbonization projects in the aluminum sector.
- The first is the development of HalZero, that aims for emissions-free aluminum smelting by 2030 using innovative chlorination technology. The second is implementing carbon capture and storage systems at existing smelters, while the third is expanding aluminum recycling.
Here are some of the other initiatives by Hydro in this sector:
- Hydro has partnered with the First Movers Coalition supported by the US government to further its decarbonization efforts
- The company has also invested in expanding its aluminum recycling capacity in the US and Europe to reduce the carbon footprint of its products.
- Hydro is adapting its business model to prioritize sustainability and decarbonization, given the growing demand by companies and consumers alike for sustainable products.
