Drop In Shipments Yields Challenges For Novelis In First Quarter of FY 2024
Novelis released results for the first quarter of fiscal year 2024 this week. Although financials struggled in the period, the...
Novelis Inc., a premier provider of sustainable aluminum solutions, announced an anchor customer agreement with North American aluminium beverage can firm Ball Corporation. The new contract will have Ball’s North American can-making plants use Novelis aluminium sheet. This recent agreement, along with...
Novelis released results for the first quarter of fiscal year 2024 this week. Although financials struggled in the period, the...
Atlanta’s rolled aluminium firm Novelis reported results for the first quarter of fiscal year 2024 this week. Although numbers were...
Atlanta’s rolled aluminium firm Novelis announced this week that its Latchford aluminium recycling plant in the United Kingdom is the...
Atlanta’s rolled aluminium firm Novelis said this week that it will begin construction of its first solar park at its aluminium casting and cold rolling plant in Pieve Emanuele, Italy. The 6.9-acre solar park will represent a capital investment of US$2.4 million, which is part of its broader push to decarbonize and make sustainable its […]
Atlanta’s rolled aluminium firm Novelis commissioned its new roll forming development line at its Automotive Customer Solution Center outside of Detroit, Michigan this week. Novelis says the new cutting-edge roll forming development line will allow the firm to conduct year-round, full-scope research and development on roll forming within its own plant. This gives the firm […]
Atlanta’s rolled aluminium firm Novelis Inc. turned in lower numbers for the last quarter and full fiscal 2023, though company officers assured investors that the company’s fundamentals remain solid. In the final quarter of the 2023 fiscal year Novelis had a net income of US$156 million, off by 27 percent on the year. Net income […]
Atlanta’s rolled aluminium firm Novelis Inc. issued its second Green Bond report this week. The Green Bond report outlines the company’s sustainability-focused investments that are being funded by a Green Bond the firm issued two years ago last month. The report highlights Novelis’s ability to deliver sustainable solutions in addition to describing its plans to […]
Atlanta’s rolled aluminium firm Novelis Inc. celebrated the first full year of operation of its research and development laboratory Net Zero Lab Valais, where it has worked towards scope 1 and 2 carbon neutral production projects for the aluminium industry. The plant’s inaugural year has seen approval for investment in a new electrical pusher furnace […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...