Steve Fisher

Novelis Shipments Rise By 4 Percent to 830 Kilotonnes In Latest Quarter

Novelis Shipments Rise By 4 Percent to 830 Kilotonnes In Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the first quarter of fiscal year 2020 yesterday. Favorable market conditions helped propel the firm to a strong showing in the quarter. For the just-ended quarter Novelis reported net sales of...

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Novelis To Establish Global Network Of Automotive Aluminium Innovation Centers

Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday announced plans to establish a worldwide network of Customer Solution Centers (CSCs) in an effort at fostering greater cooperation between and among itself and automakers in ushering in the next generation of vehicle design. Per the firm’s press release, the CSCs will house researchers, designers, and […]

Novelis Buys Aleris For US$2.6 Billion

In a move that will change the global rolled-aluminium landscape, rolled and recycled aluminium firm Novelis Inc. today agreed to the purchase of Atlanta’s rolled-aluminium firm Aleris for US$2.6 billion plus debt. The merger, which will create a firm with pro-forma revenues of around US$15 billion, is expected to be concluded in 9 to 15 […]

Novelis to Invest US$180 MM in Automotive Aluminium Plant in Eastern China

In a bid to capitalize on the ever-expanding market for automotive aluminium, Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Wednesday that it will invest US$180 million in Jiangsu, China. Per the firm, the investment at its facility in Changzhou will involve the addition of a continuous annealing solution heat (CASH) treatment line, […]