1960-1969

Hydro's managing director from 1967 to 1977, Johan B. Holte, holds a central position in Norwegian post-war industrial history. It was under his leadership that Hydro became a modern company.

In June 1969, Hydro signed an agreement with the authorities in Qatar in the Persian Gulf on the building and operation of a major new fertilizer plant in the country. In addition to a 25 percent ownership stake, Hydro also took on responsibility for selling the products.