Novelis

Trump Aluminium Tariffs Will Only Penalize Consumers: Novelis CEO

Trump Aluminium Tariffs Will Only Penalize Consumers: Novelis CEO

America’s biggest buyer of aluminium joined the growing throng of voices in the aluminium community who have called into question the wisdom of U.S. President Donald Trump’s planned 10-percent bump in imports of the metal. Steve Fisher, CEO of Atlanta’s rolled and...

Events

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, […]

Novelis Posts Record Results in Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the second quarter of their FY 2018 yesterday, boasting record numbers in several major financial categories. The firm reported net sales of US$2,794 million, up year-on-year from last year’s total of US$2,361 million. The rise in sales the firm credits to higher average aluminium […]

Novelis Sustainability Report Shows Firm is Well Ahead of Targets

Aluminium rolled and recycling firm Novelis, Inc. released its 2017 Sustainability Report yesterday. The firm boasted the achievement of several sustainability targets up to two years ahead of schedule. According to the report, Novelis increased the use of high-recycled metal content inputs by 55 percent and reduced water usage to 2.7 cubic meters per metric […]