Hydro to purchase Vigeland refinery in full

Jun 17, 2013 | 03:30 PM | Jethro Wookey

Tags  Norsk Hydro, Vigeland, refinery, Rio Tinto Alcan, Arvid Moss, Sapa, Orkla

LONDON — Norsk Hydro ASA has agreed to buy Rio Tinto Alcan Inc.’s 50-percent stake in the Vigeland Metal Refinery AS in Norway.
Oslo, Norway-based Hydro already owns 50 percent of the facility, which produces high-purity aluminum for semiconductors and electronic applications, and is the sole offtake partner for its production. Hydro has also agreed to acquire Montreal-based Rio Tinto Alcan Inc.’s 100-percent ownership stake in the AS Vigelands Brug....

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