Coping Strategies — Rising Cost Of Commodities

Additionally, companies like Hydro Aluminum typically generate their own power for their manufacturing plants. Sund shares an interesting perspective: “At the moment, we are building a huge smelter in Qatar using gas as the energy source. To build smelters today in high energy-cost countries is not a very interesting proposition. If you manufacture in Qatar, you transform the lower-cost local gas to aluminum. It is a way of exporting energy and maintaining reasonable margins.”