Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
AL CIRCLE

Hydro to invest $230 million in Alunorte alumina refinery for transition to natural gas

EDITED BY : 2MINS READ

The leading industrial conglomerate committed to a sustainable future, Norsk Hydro stated that the company will invest R$ 1.3 billion ($230 million) at its Alunorte alumina refinery in Brazil to supersede heavy fuel oil with natural gas.

Hydro to invest $230 million in Alunorte alumina refinery

{alcircleadd}

On 13th December 2021, the company said in a statement: “Work on the project at the plant in northern Pará state will start in the first quarter of 2022 and is expected to be in operation in 2023.”

Hydro further added: “The fuel switch will reduce the refinery’s annual CO2 emissions by 700,000t.”

John Thuestad, the Executive Vice President of Hydro Bauxite & Alumina said: “We are committed to invest in developing the world’s largest alumina refinery and to reduce the greenhouse gas emissions. The fuel switch is a milestone in our sustainability strategy.”

Hydro to invest $230 million in Alunorte alumina refinery

According to the global aluminium giant, Alunorte’s transition project from heavy fuel oil to natural gas is a crucial step for Hydro’s climate strategy and global commitment to diminish greenhouse gas emissions by 30% by 2030. However, the alumina refinery has a production capacity of 5.8 million tonnes per year.

The investors of the group are increasingly demanding the company to initiate measures towards the reduction of greenhouse gas emissions.

The statement released by the company also reveals that New Fortress Energy (NFE) signed a 15-year gas supply agreement with Norsk Hydro’s Brazilian subsidiary for the Alunorte conversion.

World Recycled Aluminium market analysis

The agreement undertakes, NFE has accorded to supply Hydro with 29.5TBTUs (trillion British thermal units) of natural gas annually (equivalent to approximately 1mn gallons of LNG per day) to the refinery from the New York-based company’s Barcarena LNG receiving and regasification terminal located in Pará.

New Fortress Energy (NFE) said: “When completed in 2022, the terminal is expected to be the sole point of LNG imports in the state and northern Brazil.”

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle News App
AL Biz App

A proud
ASI member
© 2025 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.