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Invest in Norway: Industrial production
- The page presents Norway’s process industry, which turns raw materials into metals, minerals, fertiliser, chemicals, plastics, pulp and paper. It says the sector runs on nearly all-renewable electricity and has cut CO₂ emissions by more than 43% since 1990, helped by energy efficiency and new technology. Named foreign-owned and Norwegian companies include Glencore, Eramet, Ineos, Alcoa, Hydro, Equinor, Norske Skog and Elkem.
- Hydropower-based electricity and historically low prices have supported energy-intensive industry. Government measures include low or zero electricity tax, CO₂ compensation, targeted technology and energy-efficiency programmes, and a NOK 5 billion Green Industry Financing Fund (page estimate: about USD 474 million).
- The page identifies Herøya and Mo industrial parks and regional clusters as locations for investment. It sees potential in industrial symbiosis by using side streams such as CO₂, oxygen, heat and scrap, and says regional mapping of these opportunities is under way. Invest in Norway offers location and cluster information and site-selection help.
- Public contacts: Gard Madsen, Director of Investment, Oslo (gard.madsen@innovasjonnorge.no; +47 909 37 833); Lars Gogstad, Investment Manager, Oslo (lars.gogstad@innovasjonnorge.no; +47 918 20 007).
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