Dutch aluminium maker Aldel halts more output over high energy prices (updated)

Nyrstar NV

02/09/2022 15:21

(Updates with details of other companies making cuts this week
due to energy costs)
    AMSTERDAM, Sept 2 (Reuters) - Dutch aluminium maker Aldel on
Friday said it was mothballing the remaining capacity at its
facility in Farmsum, citing continuing high energy prices and a
lack of government support.
    Aldel joins a growing list of companies cutting or halting
European production as gas and electricty prices have soared
hundreds of percent this year over 2021 levels.
    Norway's Yara  YAR.OL  has cut ammonia production,
steelmaker ArcelorMittal  MT.LU  is switching off one of its
furnaces in Bremen, Germany and Belgian Zinc smelter Nyrstar
 NYR.BR  is closing a Netherlands smelting plant.  urn:newsml:reuters.com:*:nL1N3010CG
 urn:newsml:reuters.com:*:nL8N3092LL  urn:newsml:reuters.com:*:nL8N2ZS4YS
    Among aluminium makers, Slovenia's Talum has cut capacity by
80% and Alcoa  AA.N  is cutting one of three production lines
the Lista smelter in Norway.  urn:newsml:reuters.com:*:nL8N3003RL  urn:newsml:reuters.com:*:nO9N2XQ02J
    "A controlled pause makes it possible for (Aldel) to be
ready to start production again when circumstances improve,"
Aldel said in a statement. 
    The company had halted primary production in Delfzijl in the
Netherlands in October 2021 but continued production of recycled
aluminium.  urn:newsml:reuters.com:*:nL1N2R4110 
    Aldel, the Netherlands' only producer of primary aluminium,
has capacity to produce 110,000 tonnes of primary aluminium and
50,000 tonnes of recycled aluminium annually.
    After a bankruptcy and changes of ownership in recent years,
the company has around 200 employees. Its full name is Damco
Aluminum Delfzijl Cooperatie U.A.




 (Reporting by Toby Sterling; editing by Jason Neely and Jane
Merriman)
 ((toby.sterling@thomsonreuters.com; +31 20 504 5002;))