Novelis

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

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 […]

Rusal Resumes Aluminium Shipments To U.S. Buyers

With sanctions finally in the rear-view mirror, Russian Federation aluminium giant U.C. Rusal said earlier this week that it has resumed shipments to buyers in the United States. In comments made to Reuters on Monday, Rusal CEO Evgenii Nikitin said that the firm will spend much of the rest of this year working to re-sign […]

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 […]