Hydro says German smelter will run with or without pact

Nov 03, 2005 | 07:20 AM | Natalia Kassakovich

Norsk Hydro ASA will keep its Neuss aluminum smelter in Germany running by any means necessary when its power contract expires at the end of this year.

"I spoke to (Eivind Reiten, Norsk Hydro's chief executive officer) and he said it is not an option to close Neuss down. We'll do whatever it takes to keep it running," a Norsk Hydro executive said, indicating that the Oslo, Norway,-based aluminum producer would have to pay high power prices if it fails to find....

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