# Hycast signs NOK 200M contract with Innovation Group for casting lines

Hycast, a subsidiary of Norsk Hydro, signed a NOK 200 million contract with Innovation Group to deliver four new casting lines for extrusion ingots. Deliveries are scheduled to commence in Q3 2022 and be completed by end-2022.

- Type: Contract
- Announced: 2021-05-27
- Where: China
- Value: $23.5M (200.0M NOK)
- Status: announced
- Products: casting lines, low pressure casting technology, launder system, inline melt treatment systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hycast](https://endata.com/companies/50026.md)
- [Norsk Hydro](https://endata.com/companies/7133.md) (partner)
- [Innovation Group](https://endata.com/companies/55423.md) (customer)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2021/hycast-signs-contract-to-deliver-state-of-the-art-casthouse-technology/), 2021-05-27: "We are very happy to have landed one of the biggest contracts in Hycast's over thirty-year history."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.