Business

Novelis Partners With Nespresso On Coffee Capsules Made From 80 Percent Recycled Aluminium

Novelis Partners With Nespresso On Coffee Capsules Made From 80 Percent Recycled Aluminium

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday a partnership with Swiss coffee company Nestlé Nespresso S.A. to develop and market the first-ever coffee capsule composed of 80 percent recycled aluminium. Per the firms, the new alloy will be used...

Lower Sales Volumes Punish Rusal’s Bottom Line In 2020’s First Half

Russian Federation aluminium titan UC Rusal released financial and production results for the first half of 2020 yesterday. Though production was steady, lower prices and lower sales volumes conspired to dent financial numbers in the period. For the opening half of 2020, Rusal smelted 1,867 thousand metric tons of primary aluminium, level on the year […]

Strong Performances Leading Into The Quarter Help Novelis Weather Coronavirus Economy

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the first quarter of fiscal year 2021 yesterday. Though financial numbers were down in the quarter, a sustained strong performance leading into the quarter helped limit the damage from a pandemic-stricken market. For the just-ended quarter Novelis reported a net loss of US$61 million, […]

Rusal To Host Competition For Design Of Krasnoyarsk Central Park

Russian Federation aluminium giant UC Rusal announced yesterday an international competition to design a concept for a central park in Krasnoyarsk as part of a larger project to refurbish the open spaces of the cities in which they operate. Rusal’s competition will hand out a total of over US$81,600 in prize money to the top […]

Aluminum Association Of Canada Condemns New Round Of U.S. Tariffs

The Aluminium Association of Canada (AAC) expressed its disappointment with the Trump Administration’s decision last week to levy a new set of tariffs on aluminium and steel imported from Canada. Jean Simard , President and CEO of the Aluminium Association of Canada, challenged the Trump Administration’s contention that the move was done in response to […]