Novelis Sets Record EBITDA In Second Quarter Of FY 2022
Atlanta’s rolled aluminium firm Novelis reported results for the second quarter of its fiscal year 2022 this week. Strong demand...
Atlanta’s rolled aluminium firm Novelis announced plans yesterday to build a $365 million automotive recycling center outside of Clarksville, Tennessee. Novelis’s new plant in Guthrie, Kentucky will expand its closed-loop recycling operations by reclaiming aluminium from vehicles at the end of their...
Atlanta’s rolled aluminium firm Novelis reported results for the second quarter of its fiscal year 2022 this week. Strong demand...
Atlanta’s rolled aluminium firm Novelis said this week it plans to invest around US$130 million for upgrades at its Oswego,...
Trade group Aluminium Stewardship Initiative announced this week that it provisionally certified the remainder of Novelis’s European production sites under...
Atlanta’s rolled aluminium firm Novelis announced this week the expansion of its partnership with the Georgia Institute of Technology (Georgia Tech) on the Novelis Innovation Hub. The partnership will explore new areas in materials and process research with an eye toward increased sustainability and zero-carbon production by mid-century. Novelis says the partnership will continue building […]
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 100 thousand metric tons. With the new capacity, the plant is now capable […]
Atlanta’s rolled aluminium firm Novelis released results for the first quarter of fiscal year 2022 this week. The firm reported a strong bounce back from coronavirus-related numbers of a year ago. For the fiscal first quarter Novelis turned in a net income of US$303 million, an increase of 597 percent on the year. Net income […]
Atlanta’s rolled aluminium firm Novelis announced this week a new US$7-million investment in its facility at Terre Haute, Indiana that will restart several areas of the plant that have been idled as well as adding over three dozen new employees to staff the now-idled equipment. The firm said the expansion will allow the plant to […]
Atlanta’s rolled aluminium firm Novelis said this week that its operations in the Peoples Republic of China has linked up with one of the country’s top universities in an agreement to collaborate on increasing the use of aluminium in the country’s automotive industry. Novelis’s Shanghai Customer Solution Center (CSC) will be working with the Tsinghua […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...