Storvik in Sunndalsøra has signed a contract for the supply of cast iron and cast steel products to the five Norwegian Hydro plants, which has a multimillion-dollar value, for a period of seven years. Storvik has worked closely and well with Hydro since the 1990s and the previous framework agreement was signed in 2013 and was valid until the new contract came into force on 1 July 2020.
This mainly concerns metal pipes used for tapping aluminum from the electrolytic cells, but the agreement also includes other cast items.
– For a long time, we have had a very good collaboration with Hydro and experienced a positive growth together through product improvement and cost-efficiency measures. We are very pleased and proud to be their preferred supplier, says Ronny Reitan, department manager for the area Castings at Storvik.
Various cast products
The products – drain pipes, moulds, grabs, etc. – are cast in the Czech Republic and shipped to Sunndalsøra where Storvik has a security warehouse. Then the Norwegian aluminum plants will be supplied from here.
The contract has a multimillion-dollar value for a period of seven years (contract term and option).
Storvik started as early as 1995 with the supply of castings to Hydro, where the development of their own material qualities, in collaboration with Hydro, was a clear success factor. Quality and a reduced total cost of ownership (TCO) has always been a focus, a testament to this is when Storvik was awarded Hydro’s Cost Improvement Award in 2020.
The contract that has now been signed includes several improvement clauses, including optimizing design, increasing the product lifetime value, improving the logistic solutions, and focusing on sustainability.
-We experience this as a win-win situation for both parties and look forward to working together on sustainable solutions, says Ronny Reitan.
Storvik currently has 116 employees in Norway, plus 8 in the Czech Republic and Iceland, with sales revenue of about NOK 380 million in 2019.
Storvik was started as a farm smith in 1913 and today the focus is on the aluminum industry, as well as offshore.
For questions please contact:
Ronny Reitan, Head of Department Castings, Mobile: 91537672