Novelis Inc.

Novelis Reports 8-Percent Jump In Sales During FY 2019

Novelis Reports 8-Percent Jump In Sales During FY 2019

Atlanta’s rolled and recycled aluminium firm Novelis Inc. released financial results for the final quarter and full year of fiscal 2019 yesterday. The firm reported some of the strongest financial gains of its history for the fiscal year. In the just-ended quarter...

Events

EU Regulators Launch Anti-Trust Investigation Into Novelis’ Purchase Of Aleris

Anti-trust regulators in the European Union said yesterday that they had opened an investigation into the proposed US$2.6 billion purchase of Atlanta’s rolled-aluminium firm Aleris by rolled and recycled aluminium firm Novelis Inc. In comments made by Europe’s antitrust chief Margrethe Vestager, the regulators’ intent was to ensure competitiveness in the value-added aluminium market. “Our […]

Novelis Reports Negligible Impact From Trump Aluminium Tariffs

Atlanta’s rolled and recycled aluminium firm Novelis Inc. has seen few short-term negative effects of the Trump administration’s blanket tariffs on aluminium, according to company execs. However, the firm still plans to petition the government for exclusions on certain cross-border aluminium shipments. Company execs told local media in upstate New York that the biggest impact […]

Novelis Cuts Greenhouse Gas Emissions By 5 Percent in FY 2018

Atlanta’s rolled and recycled aluminium firm Novelis Inc. released its Fiscal Year 2018 sustainability report yesterday. Among other issues, the report highlighted the firm’s increase of recycled aluminium by 2 percent year on year to a total of 57 percent of the company’s total. The annual report, which sets out the firm’s goal of “Shaping […]

Novelis Inks Partnership With Impression Technologies To Develop Aluminium HFQ Hot Stamping Technique

Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday announced a new partnership with Impression Technologies to collaborate on research into new and innovative uses of hot stamping aluminium, especially through use of Impression’s proprietary Hot Form Quench (HFQ) process. Novelis says HFQ is a one-of-a-kind technology that is used to design and manufacture components […]