Novelis Net Income For First Quarter Of FY 2022 Rises To US$303 MM
Atlanta’s rolled aluminium firm Novelis released results for the first quarter of fiscal year 2022 this week. The firm reported...
Novelis Inc.
Novelis Completes US$150 MM Expansion Of Brazilian Aluminium Plant
Atlanta’s rolled aluminium firm Novelis announced the completion of its US$150 million expansion of its aluminium rolling and recycling capacity at the Pindamonhangaba, Brazil plant this week. Novelis increased capacity of both its aluminium recycling and rolling operations at the plant by...
Novelis To Resume Aluminium Foil Production At Terre Haute Plant After Seven Year Hiatus
Atlanta’s rolled aluminium firm Novelis announced this week a new US$7-million investment in its facility at Terre Haute, Indiana that...
Novelis Inks Memorandum of Understanding With China’s Tsinghua University On Automotive Aluminium R&D
Atlanta’s rolled aluminium firm Novelis said this week that its operations in the Peoples Republic of China has linked up...
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Novelis To Establish Closed Loop Automotive Aluminium With Nissan Plant In UK
Atlanta’s rolled aluminium firm Novelis said this week that it is the new aluminium body sheet to Nissan for its all-new Qashqai SUV. Novelis said that the partnership would create a closed-loop recycling system in Europe. The firm will be supplying Nissan with aluminium sheet for the hood and doors of the strong-selling C-segment SUV. […]
Novelis Net Income Jumps 186% In The Fourth Quarter Of FY 2020
Atlanta’s rolled aluminium firm Novelis reported financial and production results for the fourth quarter and full year of 2021 on Wednesday. For 2020s fourth quarter Novelis recorded a 186-percent jump in net income on the year to US$180 million. Net income from continuing operations less special items rose 12 percent on 2019’s fourth quarter to […]
Novelis Pledges To Achieve Carbon Neutrality By 2050
Atlanta’s rolled aluminium firm Novelis announced earlier this week its intention to become a net carbon-neutral company by mid-century and to reduce its carbon footprint by 30 percent over the next five years. The firm said in a press release that it also has plans to become a fully circular business, but it did not […]
Novelis’ New Aluminium Alloy Up To 40 Percent Lighter Than High-Strength Steel
Atlanta’s rolled aluminium firm Novelis debuted a new automotive aluminium alloy this week that it says is the strongest one it has developed so far. Novelis’ new alloy, the Advanz 7UHS-s701, is formulated for use in safety-critical structural components for passenger vehicles. The firm said components such as the A and B pillar reinforcements and […]
Constellium And Novelis Form Organization To Promote Automotive Aluminium
Value-added aluminium firms Constellium N.V. and Novelis announced yesterday their partnership to form a non-profit organization to promote and improve aluminium auto body sheet called Alumobility. According to the firms, this new organization will act as a facilitator for automotive aluminium makers to share technological innovation and market strategies. Alumobility’s ultimate goal is to help […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
