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Hydro

Ecosystem Oslo Stock Exchange (Euronext Oslo): NHY
Headquarters
Oslo, NO
Segment
Materials, Equipment & Energy
Stories held
1
Last story
29 Sep 2026

Hydro is a Norwegian industrial group producing primary and recycled aluminium, extruded and rolled aluminium products, and holding bauxite, alumina and renewable energy operations. Headquartered in Oslo and listed on Euronext Oslo, it supplies aluminium to sectors including packaging, automotive, building and construction.

1 stories · 2026

Hydro and Chanel to develop lower-carbon aluminium for beauty packaging

Norsk Hydro and Chanel Fragrance and Beauty have signed a strategic partnership to develop lower-carbon aluminium for fragrance, make-up and skincare packaging, under a roadmap running from 2026 to 2030. The two aim to cut the carbon footprint of the aluminium used to around 3.0 kg CO2e/kg by 2030, alongside improved traceability and greater use of post-consumer recycled content. No aluminium volumes or offtake commitment were disclosed.

Why this mattersSets a 3.0 kg CO2e/kg target for beauty packaging aluminium by 2030 that rival cosmetics brands and their converters will be measured against.

  • Partnership targets a joint roadmap from 2026 to 2030
  • Goal is to cut the aluminium's carbon footprint to around 3.0 kg CO2e/kg aluminium by 2030
  • Initial supply uses Hydro REDUXA primary aluminium sheet ingot made in Norway with renewable energy, certified at no more than 4.0 kg CO2e/kg
  • Ingot will be rolled into aluminium sheet for packaging applications
  • Companies will test production batches and further emission-reduction measures
  • No aluminium volumes or offtake commitment were disclosed
Hydro Chanel Fragrance and Beauty counterparty
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