Novelis Inc.

Novelis Record Financial Performance Shines Amid Dim Results For Hindalco In FY ‘20’s First Quarter

Novelis Record Financial Performance Shines Amid Dim Results For Hindalco In FY ‘20’s First Quarter

Indian metals firm Hindalco reported results for the first quarter of fiscal year 2020 last week. Though the market presented the firm a challenge in the quarter, Hindalco says stable operational performance carried it through. In the first quarter Hindalco’s consolidated EBITDA...

Events

Novelis To Collect Aluminium Beverage Cans At Kentucky Derby For Habitat For Humanity

Atlanta’s rolled and recycled aluminium firm Novelis Inc. will be on hand this weekend at Churchill Downs to help promote recycling among the attendees of this year’s Kentucky Derby. Novelis announced yesterday its appointment as the Derby’s recycling partner as well as its plan to provide recycling bins on the infield of Churchill Downs. The […]

Novelis To Supply Toyota With Aluminium Auto Body Sheet For Fifth-Gen RAV4

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday an agreement with Toyota Motor Corporation to supply it with premium aluminium auto body sheet for the redesigned 2019 Toyota RAV4. As Toyota’s top-selling vehicle and the best-selling non-pickup-truck in the United States, the fifth-generation RAV4 XA50 will see a redesign of the hood, fenders, […]

Novelis Cuts Ribbon On $4.5-Million Upgrade At NE Ohio Aluminium Beverage Can Plant

Atlanta’s rolled and recycled aluminium firm Novelis Inc. hosted a ribbon-cutting event at its facility in Warren, Ohio after the completion of a US$4.5-million upgrade to the plant’s equipment. The investment, which was announced in November 2017, included improvements that will allow the facility greater versatility in pretreatments, an improvement in operational efficiency, and reductions […]

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 […]