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AL Circle Private Limited | CIN: U72200WB2017PTC221175

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Corporate Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

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NewsDownstreamNovelis to showcase its cutting-edge automotive aluminium solutions at the Auto Show Shanghai 2021
25 APRIL 2021AlCircle.com

Novelis to showcase its cutting-edge automotive aluminium solutions at the Auto Show Shanghai 2021

Edited by : Heena Iqbal
2 min read
Novelis to showcase its cutting-edge automotive aluminium solutions at the Auto Show Shanghai 2021

Novelis is showcasing its portfolio of cutting-edge automotive aluminium at Auto Shanghai 2021. The company is aiming to implement China’s first world-class closed-loop recycling system in Zhenjiang, to meet customers’ sustainability targets. 

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“China’s national strategy of “Carbon Neutrality by 2060” is empowering Novelis to further strengthen its own ambitions to achieve net carbon neutrality by 2050 or sooner and reduce its carbon footprint by 30 percent by 2026.”

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China’s automotive market is witnessing growth at a rapid rate despite ongoing pandemic. Sustainable and aluminium solutions from Novelis’ are helping key traditional automakers and electric vehicle start-ups launch new products. 

On January 2021, Novelis completed the expansion of the Changzhou plant for its new heat treatment line, doubling the capacity to produce automotive aluminum products.

Novelis, which recently completed the expansion of the Changzhou plant, can now produce an additional 100,000 metric tons of aluminium sheets for the automotive market. Novelis in February signed a (MOU) with the Zhenjiang Jingkou Industrial Zone, in Zhenjiang City, Jiangsu Province to invest approximately US$300 million to expand its automotive aluminium capabilities and recycling operations at its Zhenjiang plant.

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“We have taken strides to better equip ourselves in China to meet the skyrocketing demand in Asia for automotive aluminum products, which is answering the needs of our customers and consumers around the world We expect that these are just the first of many steps as we continue to pursue more innovative solutions,” said James Liu, Managing Director of Novelis China, and Vice President of Automotive for Novelis Asia.

Tagged with:NovelisChinaAluminium automobilesElectric vehiclesNew projectsEvents

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