Steve Fisher

Ball Corporation Joins First Movers Coalition To Promote Decarbonization In Aluminium Sector

Ball Corporation Joins First Movers Coalition To Promote Decarbonization In Aluminium Sector

Colorado’s Ball Corporation announced last week that it has joined the First Movers Coalition alongside compatriot aluminium firm Novelis Inc., and it urges other firms in its sector to do the same. Ball Corporation said in a press release that it will...

Events

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 […]

Novelis Sets Record EBITDA In Second Quarter Of FY 2022

Atlanta’s rolled aluminium firm Novelis reported results for the second quarter of its fiscal year 2022 this week. Strong demand and better aluminium prices buoyed numbers for the quarter to record highs. For the second quarter Novelis reported net income from continuing operations of US$239 million, up by two-thirds on the year. Net income from […]

Novelis Completes US$150 MM Expansion Of Brazilian Aluminium Plant

Atlanta’s rolled aluminium firm Novelis announced the completion of its US$150 million expansion of its aluminium rolling and recycling capacity at the Pindamonhangaba, Brazil plant this week. Novelis increased capacity of both its aluminium recycling and rolling operations at the plant by 100 thousand metric tons. With the new capacity, the plant is now capable […]

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 of US$303 million, an increase of 597 percent on the year. Net income […]