Novelis

Aluminium Market in Throes of Worst Turmoil Since 1990s Thanks to Trump Administration: Novelis Chief Palmieri

Aluminium Market in Throes of Worst Turmoil Since 1990s Thanks to Trump Administration: Novelis Chief Palmieri

The tariffs and sanctions issued upon the aluminium industry by the Trump administration has caused more discord and upheaval than the sector has experienced in almost three decades. Such is the opinion of the head of one of America’s biggest rolled aluminium...

Events

Constellium Agrees to Sale of Leased Assets At Sierre Plant to Novelis

Amsterdam rolled and extruded aluminium leader Constellium N.V. and Atlanta’s rolled and recycled aluminium firm Novelis Inc. both announced yesterday a plan for Constellium to sell a portion of its operations at Sierre in the Swiss Alps to Novelis for €200 million (US$250 million). The deal will have Constellium transferring ownership of the North Building […]

Aluminium from Novelis Trims 200 Lbs. From New 2018 Jeep Wrangler

Atlanta’s rolled and recycled aluminium firm Novelis Inc. revealed yesterday that the firm will be supplying aluminium for use in the manufacture of the 2018 Jeep Wrangler (JL). The company said in a press release that FCA US LLC has contracted with the firm to provide aluminium for the production of a variety of parts, […]

Novelis to Open US$300 MM Automotive Aluminium Sheet Plant in SW Kentucky

American rolled and recycled aluminium firm Novelis Inc. unveiled plans yesterday to construct and operate a 200-thousand-metric-tons-per-annum automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. Per the firm’s press release, the US$300 million greenfield facility will feature heat treatment and pre-treatment lines for use in producing aluminium sheet for subsequent molding into such automotive parts […]

Sources Say Hindalco Offering US$2.5 Billion for Rolled Aluminium Firm Aleris

Hindalco Industries Ltd. has tendered an offer to buy Cleveland rolled aluminium firm Aleris International, Inc. for US$2.5 billion according to unnamed sources who spoke to Bloomberg earlier this week. According to the unnamed sources, the move is part of Kumar Mangalam Birla’s continuing gambit to grow his global industrial footprint. Per the sources, the offer […]

Novelis Announces US$4.3 MM Investment at Aluminium Coating Plant in NE Ohio

American rolled and recycled aluminium firm Novelis Inc. announced a US$4.5-million investment in upgrading its facility in Warren, Ohio. Though the firm’s press release did not go into detail, Novelis’ plans for the plant in Warren include the installation of cutting-edge technology that will allow the plant to offer its clients greater choice in pretreatments, […]