Hydro’s fully owned subsidiary Hycast has signed a NOK 200 million contract with Innovation Group to deliver new state-of-the-art casting lines. Hycast will deliver casting technology (Low Pressure Casting - LPC) for extrusion ingots, including control system, launder system, inline melt treatment systems (Siphon Inert Reactor - SIR) and other equipment. In total, four new casting lines will be delivered to the customer. Innovation Group is the largest producer of extrusion ingots in China, with a combined capacity of around 5.1 million tonnes annually. The deliveries from Hycast to Innovation Group is scheduled to commence in Q3 2022 and be completed by end-2022. Hycast is a technology company committed to developing and delivering sustainable and safe casthouse solutions, using state-of-the-art technology. The Hycast technology enables production of aluminium products of superior quality through fully automated casting lines. For the customer this means a safe casthouse, increased value creation and competitive advantages. Hycast is a fully owned subsidiary of Norsk Hydro, founded in 1990 by forward-thinking and world-class engineers and scientists to secure state-of-the-art technology development of aluminium casthouse equipment.
Hydro’s fully owned subsidiary Hycast has signed a NOK 200 million contract with Innovation Group to deliver new state-of-the-art casting lines. Hycast will deliver casting technology (Low Pressure Casting - LPC) for extrusion ingots, including control system, launder system, inline melt treatment systems (Siphon Inert Reactor - SIR) and other equipment. In total, four new casting lines will be delivered to the customer. Innovation Group is the largest producer of extrusion ingots in China, with a combined capacity of around 5.1 million tonnes annually. The deliveries from Hycast to Innovation Group is scheduled to commence in Q3 2022 and be completed by end-2022. Hycast is a technology company committed to developing and delivering sustainable and safe casthouse solutions, using state-of-the-art technology. The Hycast technology enables production of aluminium products of superior quality through fully automated casting lines. For the customer this means a safe casthouse, increased value creation and competitive advantages. Hycast is a fully owned subsidiary of Norsk Hydro, founded in 1990 by forward-thinking and world-class engineers and scientists to secure state-of-the-art technology development of aluminium casthouse equipment.
