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...
Steve Fisher
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 lawsuit against it filed by the United States Department of Justice challenging its attempted purchase of Cleveland rolled aluminium firm Aleris International,...
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...
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...
Events
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 […]
Good Product Mix And Aluminium Price Recovery Boost Novelis Bottom Line In Latest Quarter
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial and production results for the first quarter of fiscal 2019 yesterday. Numbers were up across the board thanks to an advantageous mix of product offerings and a rise in aluminium prices. The firm reported a net income of US$137 million for the year’s first quarter, […]
Novelis Buys Aleris For US$2.6 Billion
In a move that will change the global rolled-aluminium landscape, rolled and recycled aluminium firm Novelis Inc. today agreed to the purchase of Atlanta’s rolled-aluminium firm Aleris for US$2.6 billion plus debt. The merger, which will create a firm with pro-forma revenues of around US$15 billion, is expected to be concluded in 9 to 15 […]
Novelis to Invest US$180 MM in Automotive Aluminium Plant in Eastern China
In a bid to capitalize on the ever-expanding market for automotive aluminium, Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced on Wednesday that it will invest US$180 million in Jiangsu, China. Per the firm, the investment at its facility in Changzhou will involve the addition of a continuous annealing solution heat (CASH) treatment line, […]
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 ...
