Novelis Receives Final Regulatory Approval For Aleris Purchase From Chinese Regulators
Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Friday the receipt of approval from China’s State Administration for...
Steve Fisher
Arbitrator Compels Sale Of Aleris’s Lewisport Plant For DOJ Approval Of Novelis Buy-Out
The arbiter assigned to the dispute between the United States Department of Justice and Atlanta’s rolled and recycled aluminium firm Novelis Inc. determined Aleris must sell its plant in Lewisport, Kentucky to satisfy the department’s antitrust concerns in relation to Novelis’ buy-out....
European Commission Approves Novelis Purchase of Aleris
Atlanta’s rolled and recycled aluminium firm Novelis Inc. said yesterday that its proposed acquisition of Aleris has been approved by...
Novelis Strikes Back At Anti-Competition Claims Raised By DOJ In Lawsuit Over Aleris Purchase
Atlanta’s rolled and recycled aluminium firm Novelis Inc. yesterday took to the court of public opinion its defense of a...
Events
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 US$2,925 million, down on the year from last year’s first-quarter sales total of […]
Novelis Reports 8-Percent Jump In Sales During FY 2019
Atlanta’s rolled and recycled aluminium firm Novelis Inc. released financial results for the final quarter and full year of fiscal 2019 yesterday. The firm reported some of the strongest financial gains of its history for the fiscal year. In the just-ended quarter Novelis sold US$3.084 billion in product, up slightly on the year from last […]
Novelis Plans US$175 Million Expansion To Brazilian Aluminium Production And Recycling Operations
Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday a plan to invest US$175 million to expand the production and recycling capabilities of its Pindamonhangaba plant in Brazil. Per the firm’s press release, planned upgrades include bumping up rolled aluminium capacity by 100 thousand metric tons per year to a total of 680 thousand […]
Novelis Cuts Greenhouse Gas Emissions By 5 Percent in FY 2018
Atlanta’s rolled and recycled aluminium firm Novelis Inc. released its Fiscal Year 2018 sustainability report yesterday. Among other issues, the report highlighted the firm’s increase of recycled aluminium by 2 percent year on year to a total of 57 percent of the company’s total. The annual report, which sets out the firm’s goal of “Shaping […]
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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
