Steve Fisher

Novelis Struggles In Latest Quarter Due To Drop In Demand From Aluminium Beverage Packaging Sector

Novelis Struggles In Latest Quarter Due To Drop In Demand From Aluminium Beverage Packaging Sector

Atlanta’s rolled aluminium firm Novelis Inc. reported results for the third quarter and first nine months of the 2023 fiscal year this week. Results were down for the quarter due in large part to lower shipment totals and lower demand in the...

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Novelis Announces Plans For US$2.5 MM Aluminium Can Recycling Plant In SW Alabama

Atlanta’s rolled aluminium firm Novelis Inc. said this week that it is planning to build a US$2.5-billion low-carbon aluminium recycling and rolling plant in Bay Minette, Alabama. The new plant, which is a response to strong demand from the aluminium beverage packaging and automotive sectors, is slated to have a nameplate capacity of 600 thousand […]

Novelis And Ball Corporation Increase Recycled Content Of Ball Aluminum Cup To 90 Percent

Atlanta’s rolled aluminium firm Novelis has teamed up with Colorado’s Ball Corporation to announce that the Ball Aluminum Cup features a recycled aluminium content of 90 percent. Novelis says the higher recycled aluminium content aligns with Ball’s emphasis on lowering the global carbon footprint and making available a more sustainable solution for sports and entertainment, […]

Novelis Reports Net Income Jump Of 33 Percent To US$259 MM In Latest Quarter

Atlanta’s rolled aluminium firm Novelis reported results for the fiscal third quarter of FY 2022 this week, turning in strong numbers despite significant supply chain challenges. For the third fiscal quarter Novelis reported a net income from continuing operations of US$259 million, better by 33 percent on the year. Net income from continuing operations excluding […]

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 useful lives and aluminium scrap leftover from automotive production and make it reusable […]