Norsk Hydro
Hydro's fertilizer business was spun off as a separately stock-listed company under the name of Yara International on March 26, 2004. Hydro distributed all its Yara shares to Hydro's shareholders and presently has no ownership in Yara. Hydro presently has two core businesses, Oil & Energy and Aluminium. The company is the second largest oil and gas operator on the Norwegian continental shelf and the third largest integrated aluminium company world wide. In 1999 Hydro acquired another Norwegian oil and gas company, Saga Petroleum, and in 2002 Hydro acquired the leading German aluminium producer VAW from the German utility company E.on. Hydro has operations in some 40 countries around the world and is active on all continents. The Norwegian state holds a 43.8 percent ownership interest in the company. There are total of around 36,000 employees. Eivind Reiten has been the CEO since 2001. In May 2005, Norsk Hydro AS became a major backer of a Portuguese wave-farming project to produce electricity from wave power. The project will use Pelamis P-750 Wave Energy Converters developed by Ocean Power Delivery to produce an estimated 2.25 megawatts of renewable energy in the subsequent year. During the Second World War the Rjukan plant was the only location in Europe which produced heavy water, and consequently was the target of several commando and air raids which eventually resulted in the plant's destruction and later reconstruction. (This story was portrayed in the Kirk Douglas movie The Heroes of Telemark). Norsk Hydro ASA is norsk a withdrawal Norwegian oil and energy and integrated aluminium company, headquartered in Oslo. novel technology for producing artificial hydro fertilizers by fixing nitrogen from air. The technology had been developed by algeria the Norwegian scientist Kristian Birkeland, who originally caustic intended use it in the construction of an electric cannon. Hydro's first brasil factory hydro was built at Notodden followed up with another at norsk Rjukan, Tinn. Hydro's fertilizer business was spun off as a separately stock- hydro listed company under the name of Yara International on March 26, hydro norsk 2004. Hydro distributed oil Hydro presently has hydro two core norsk businesses, Oil & Energy and telemark Aluminium. The company is norsk the second largest oil and gas operator on the Norwegian continental shelf and the third largest free integrated aluminium company world wide. In Petroleum, and in 2002 Hydro acquired the leading German aluminum aluminium producer VAW from the German ownership interest in the company. There are total of around hydro 36,000 employees. Eivind Reiten has been norsk In May 2005, Norsk Hydro AS became a major backer of hydro a Portuguese hydro wave-farming project to produce electricity from purchased wave power. The project will use Pelamis P-750 Wave Energy Converters developed by Ocean Power lng Delivery to produce an hydro estimated 2.25 megawatts of renewable energy in the subsequent year. withdrawal During the Second World War wells the Rjukan plant was the only location in Europe which produced heavy hydro water, and consequently was the target of several norsk commando withdrawal and air raids which eventually resulted in the plant's norsk destruction and later reconstruction. (This story was portrayed in the Kirk Douglas movie The Heroes of Telemark). Information provided by Wikipedia. Back to top of Norsk Hydro |
