Steve Fisher

Arbitrator Compels Sale Of Aleris’s Lewisport Plant For DOJ Approval Of Novelis Buy-Out

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....

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 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 […]