# Hydro builds €88M aluminium remelt facility in Szekesfehervar, Hungary

Hydro is building a new aluminium remelt facility at its extrusion plant in Szekesfehervar, Hungary. The €88 million facility will have an annual capacity of 90,000 tonnes and is expected to start production in Q1 2024.

- Type: New facility
- Announced: 2021-12-14
- Where: Szekesfehervar, Hungary, Hungary
- Value: $100.0M (88.0M EUR)
- Starts operating: Q1 2024
- Status: announced
- Capacity: 90,000 tonnes per year
- Products: recycled aluminium billets, aluminium components
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hydro Inc.](https://endata.com/companies/1478.md)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2021/hydro-building-new-remelt-facility-in-hungary/), 2021-12-14: "With this investment, we are taking another important step in supporting Hydro's strategy of lifting profitability and driving sustainability."

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