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...
Novelis
Novelis Plans New Automotive Aluminium Recycling Plant For SW Kentucky
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...
Novelis Plans US$130 MM Expansion At Oswego Flat Rolled Aluminium Plant
Atlanta’s rolled aluminium firm Novelis said this week it plans to invest around US$130 million for upgrades at its Oswego,...
Aluminum Stewardship Initiative Certifies Remaining Novelis Europe Sites
Trade group Aluminium Stewardship Initiative announced this week that it provisionally certified the remainder of Novelis’s European production sites under...
Events
Novelis And Georgia Tech Expand Partnership On Aluminium Innovation
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 […]
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 100 thousand metric tons. With the new capacity, the plant is now capable […]
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 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 […]
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 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 […]
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 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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
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 ...
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 ...
