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...
Novelis
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...
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...
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...
Events
Novelis Records Record Production, Financial Results In July To September Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on Monday. Despite a very difficult global market, the firm managed several record financial highs. During the three months ending September 30 the firm reported a net income from continuing operations of US$144 million, which is […]
Sale Of Duffel Plant To Alvance Clears Path For Novelis Purchase Of Aleris
Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday announced the completion of the sale of its operations in Duffel, Belgium to GFG Alliance’s international aluminium subsidiary Alvance in compliance with conditions placed on it by the EU and China for purchase of Aleris. Novelis received payment of €210 million in cash from GFG Alliance, […]
Jaguar Land Rover Aluminium Recycling Project Could Cut CO2 By 26 Percent
Jaguar Land Rover said last month that a recycling process they developed could cut carbon dioxide emissions by over a quarter. The firm’s REALITY aluminium project is a process developed by the automaker to blend recycled aluminium with primary aluminium to achieve aluminium of a quality matching that of the grade they currently use. The […]
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 in all of Nespresso’s new coffee capsules. The new alloy meets both the […]
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, […]
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 ...
