Novelis

Novelis Net Income For First Quarter Of FY 2022 Rises To US$303 MM

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...

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Events

Novelis Net Income Jumps 186% In The Fourth Quarter Of FY 2020

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 continuing operations less special items rose 12 percent on 2019’s fourth quarter to […]

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Novelis Pledges To Achieve Carbon Neutrality By 2050

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 to reduce its carbon footprint by 30 percent over the next five years. The firm said in a press release that it also has plans to become a fully circular business, but it did not […]

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Novelis’ New Aluminium Alloy Up To 40 Percent Lighter Than High-Strength Steel

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 it has developed so far. Novelis’ new alloy, the Advanz 7UHS-s701, is formulated for use in safety-critical structural components for passenger vehicles. The firm said components such as the A and B pillar reinforcements and […]

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Constellium And Novelis Form Organization To Promote Automotive Aluminium

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 aluminium auto body sheet called Alumobility. According to the firms, this new organization will act as a facilitator for automotive aluminium makers to share technological innovation and market strategies. Alumobility’s ultimate goal is to help […]

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Novelis Records Record Production, Financial Results In July To September Quarter

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 […]

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