Norsk Hydro: Qatalum working to solve logistical challenges arising from Middle-East tensions
June 06 2017 - 1:03AM
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 contactContact Stian HasleCellular +47 97736022E-mail
Stian.Hasle@hydro.com
Press contactContact Erik BrynhildsbakkenCellular +47
41751271E-mail Erik.Brynhildsbakken@hydro.com
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