Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

02 NOVEMBER 2018 AL CIRCLE

Novelis reports 18% EBITDA gain in Q2 FY 2019 on higher aluminium prices and increased rolling shipments

EDITED BY : BEETHIKA BISWAS 2MINS READ

Hindalco Novelis, the leader in aluminium rolling and recycling, has reported results for the second quarter of fiscal 2019 and reported net income of $116 million. Excluding special items, net income increased 56% YoY to US$122 million. Adjusted EBITDA increased 18% YoY to US$355 million. The increased EBITDA is attributed to the continuous efforts to optimize the investments made to increase rolling, automotive finishing and recycling capacity. It was further supported by favourable market conditions.

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Net sales increased 12% YoY to US$3.1 billion and the increase is attributed to higher average aluminium prices, higher total shipments and a favourable product mix. Shipments of flat rolled products increased one per cent to a record high 807 thousand tonnes.

"Continued strong customer demand for lightweight, high-strength aluminium has resulted in another strong quarter," said Steve Fisher, President and CEO, Novelis Inc. "Moving forward, we are focusing on safely bringing our recent automotive investments online, enhancing the way we engage with customers and leveraging our R&D capabilities in order to provide solutions that help meet their design, performance and sustainability goals."

The company reported free cash flow of $108 million. YTD free cash flow improved $80 million over the prior year to $104 million driven primarily by higher Adjusted EBITDA. Higher taxes and capital expenditures offset the cash flow to certain extent.

"Our continued strong financial performance and operating cash flow generation has allowed us to strategically add capacity to capture growing demand, while continuing to improve net leverage to 2.8x at the end of the second quarter," said Devinder Ahuja, Senior Vice President and Chief Financial Officer for Novelis.

The company’s liquidity position stands at US$1.7 billion as of September 30, 2018.

On July 26, 2018, Novelis announced it signed a definitive agreement to acquire Aleris Corporation. The acquisition continues to progress as expected and remains on track to close by the Q2 or Q3 FY 2020.

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