Steve Fisher

Novelis Breaks Ground On US$2.5 Billion Aluminium Recycling And Rolling Plant In Alabama Panhandle

Novelis Breaks Ground On US$2.5 Billion Aluminium Recycling And Rolling Plant In Alabama Panhandle

Atlanta’s rolled aluminium firm Novelis Inc. broke ground on a US$2.5 billion recycling and rolling plat in Bay Minette, Alabama this week. The project, which is expected to employ 1,000 workers, will ultimately yield a plant with a capacity to produce up...

Events

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 […]

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 […]