Novelis Inc., a subsidiary of Hindalco Industries Limited, announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA. The highly advanced facility will have an initial 600 kilotonnes of finished aluminum goods capacity per year. “This investment marks the start of another transformational growth phase for Novelis,” said Kumar…
Tag: Steve Fisher
Novelis completes $150 mn aluminum rolling and recycling expansion in Brazil
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•Novelis Inc., the world leader in aluminum rolling and recycling, announced the completion of its $150 million investment to expand both rolling and recycling capacity at its Pindamonhangaba, Brazil, plant by 100 kilotonnes each. The additional recycling capacity is the newest step in support of the company’s ambitious sustainability goals to reduce its carbon footprint by 30 percent…
Novelis names Chris Courts as SVP and General Counsel, Corporate Secretary and Compliance Officer
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•Novelis Inc., the world leader in aluminum rolling and recycling, announced that it has named Chris Courts as Senior Vice President and General Counsel, Corporate Secretary and Compliance Officer. In this role, Courts will have responsibility for all legal matters across the company and serve on the company’s Executive Committee. Courts has over 15 years…
Novelis gets final nod for acquisition of Aleris
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•Novelis Inc., a subsidiary of Hindalco Industries Ltd, announced it has received the final clearance needed to complete its acquisition of Aleris Corporation, a global supplier of rolled aluminum products. Previously, the European Commission determined that the acquisition could proceed on the condition that Novelis divest Aleris’ plant in Duffel, Belgium to a third party…