Downstream activities

摘要

Hydro will permanently close its extrusion plants in Kalamazoo / Michigan and Belton / South Carolina, after "a careful and extensive analysis of market capacity requirements and equipment utilization within Hydro’s North American extrusion busineB,” the company said. The last day of operations at the plants will be 1 January 2020 with operations to fully end in the first quarter of 2020. About 150 employees who work at the Belton plant will be affected, with employees being encouraged to apply for available opportunities at Hydro’s other locations in North America. The company also has began the proceB of retooling and transferring busineB to other facilities in North America to minimize the potential impact to customers. "Restructuring efforts like this are never easy, but we believe that these closures will better align our extrusion capacity with the North American market and enable us to continue to meet the needs of our customers now and for years to come,” the company says.