Hydro CEO Brandtzaeg: “We have improved our competitive position and are at the lower end of the global cost curve”

摘要

Hydro recently decided to withdraw from the planned takeover of the aluminium smelter Isal. Our Journal’s contributing editor, Katharina Otzen-Odrich, took the opportunity to talk to Hydro’s president and CEO, Svein Richard Brandtzaeg, about the reason for this decision, about the global alumina market and Hydro’s upstream business in general. IAJ: Hydro has just withdrawn from an agreement to buy Rio Tinto’s Isal, the Icelandic aluminium plant including its interest in Dutch anode facility Aluchemie and the Swedish aluminium fluoride plant Alufluor, why that?