Norsk Hydro: Qatalum working to solve logistical challenges arising from Middle-East tensions
(Thomson Reuters ONE) -
The Qatalum aluminium plant is working to solve outbound logistical challenges
arising from the uncertain situation in the Middle-East after Saudi Arabia, UAE,
Bahrain and Egypt cut off transportation links and severed diplomatic ties with
Qatar.
Qatalum is a joint venture between Hydro and Qatar Petroleum, and is producing
more than 600,000 tonnes per year of value-add primary aluminum to customers in
Asia, Europe and the U.S. Most Qatalum shipments normally go through the large
Jebel Ali port in UAE, but this port looks to be closed for all Qatar shipments
from Tuesday morning.
Supported by owners Hydro and Qatar Petroleum, the Qatalum JV is currently
working to find alternative shipment routes to enable it to continue to serve
its global customers.
Investor contact
Contact Stian Hasle
Cellular +47 97736022
E-mail Stian.Hasle(at)hydro.com
Press contact
Contact Erik Brynhildsbakken
Cellular +47 41751271
E-mail Erik.Brynhildsbakken(at)hydro.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norsk Hydro via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.06.2017 - 08:02 Uhr
Sprache: Deutsch
News-ID 546401
Anzahl Zeichen: 1506
contact information:
Town:
Oslo
Kategorie:
Business News
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