Ford's first-half 2026 results raise an interesting question: how did the automaker almost double adjusted EBIT when revenue grew by less than 1 per cent? The answer lies less in selling more vehicles and more in what Ford sold, how it priced them and where it managed to reduce losses. At the same...
Hindalco subsidiary Novelis has expanded its aluminium rolling and recycling footprint through the continued commissioning of its Bay Minette greenfield site in Alabama and the restart of its Oswego hot mill in New York . The twin milestones propelled the company’s performance in the first quarter...
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According to analysts, US importable beverage can sheet will almost disappear due to the additional production of three major US aluminium rolling mills by the end of 2026. Even though demand for this packaging is expected to grow by then, the three mills will virtually eliminate importable...
On Sunday, August 7, a fire broke out at Novelis Italia S.p.A., a metalworking business located in Pieve Emanuele (Milan). As per the reports, the fire was caused due to an accidental release of aluminium casting. The aluminium casting spill was taken care of by 10 fire brigades from Milan’s...
The downstream sector of the aluminium industry is one of the most productive sectors, as its profiles move to the retail market for the manufacturers to build things for customers to use. This week the global aluminium downstream sector witnessed some prominent events. To begin with, Novelis...
On Wednesday, August 3, Novelis released the first quarter financial results for fiscal year 2023, reporting a 28 per cent year-on-year rise in net income attributable to shareholder to a record $307 million and a 1 per cent increase in net income from continuing operations to also at $307 million....
Novelis, the leading producer of flat-rolled aluminium and the world’s largest recycler, announced on Friday, July 29, that three of its recycled aluminium ingot and beverage can sheet producers in North America received the ASI Performance Standard certifications. Novelis’ Greensboro, GA, Berea,...
The end-user sector in aluminium is where all the products from the other streams meet, and this week, it was buzzing with innovative activities as there were many additions along the path. Novelis wishes to be carbon neutral by 2025, and on July 20 2022, the world leader in sustainable aluminium...
Recycling is proven to be more of a need than a cause for concern in the socio-economic climate of today when the world is buzzing with issues like a growing global population, rising carbon emissions, rising energy expenses, and a scarcity of feedstock. And aluminium as a metal is considered to be...
Novelis Inc., the world’s renowned aluminium rolling producer and recycler and a leading sustainable aluminium solutions provider, announced on Thursday, July 21, that it signed a Cooperation Research Agreement with Airbus to develop a tighter collaboration for more advanced aluminium solutions for...
On 20 th July 2022, the world leader in sustainable aluminium solutions and also the largest producer of aluminium rolling and recycling announced it is expanding its evercycle™ portfolio to the cosmetic packaging market. The evercycle™ cosmetics line is 100% certified to contain recycled aluminium...
Novelis Inc., a leading producer of aluminium flat-rolled products and the world’s largest recycler, is on the way to boost its recycling game. The company announced on Tuesday, July 19, that it entered a strategic partnership with Sortera Alloys, Inc., intending to take advantage of the latter’s...
Sortera Alloys, a Fort Wayne, Indiana-based firm that produces aluminium packaging from shredded automobiles using proprietary sorting technology and artificial intelligence (AI), acquired $10 million in fundraising led by Assembly Ventures with additional capital from Breakthrough Energy Ventures...
Step towards a sustainable future of the aluminium industry is expanding across the world. Such was the event in Saxony-Anhalt when alliance partners Aluminum Germany, IG Metall, IG BCE, the Ministry for Science, Energy, Climate Protection and the Environment, and the Ministry for Economics,...
Many big scale industries like Capral are moving towards low emission modules since the scientific community has already declared that by mid-century, net-zero must be attained to keep global warming limited to 1.5°C, preventing harmful effects on the eco-system. Novelis Inc. has joined hands with...
On Tuesday, May 31, Novelis Inc., the world leader in aluminium rolling and recycling, announced the joining to the First Movers Coalition (FMC), a global initiative aimed at decarbonising eight “hard to abate” sectors that account for 30% of worldwide carbon emissions. By joining this platform,...
Hindalco Industries, an Aditya Birla Group company, recorded a historic profit of INR 13,370 crore in FY2022. The company has decided to expand its downstream segment with the aim of bringing Novelis (the world's largest aluminium firm) in India by reinvesting the profits for the same. This year,...
On Thursday, May 26, Hindalco Industries Limited reported the consolidated fourth quarter and full-year financial results for 2021-22, revealing highest-ever profits. Its consolidated PAT peaked to a record high at INR 3,851 crore in 4QFY22, a 100 per cent growth year-on-year. In the entire year,...
Novelis (China) Aluminum Products Co., Ltd. has reportedly bagged the ASI Performance Standard V2 (2017) Certification for its production facility in Changzhou National Hi-Tech District, Jiangsu Province, China. The plant produces high-strength and lightweight aluminum sheet for use in full...
The Atlanta, Georgia headquartered American industrial aluminium company Novelis Inc. on 16th May 2022 released its first Green Bond report. Novelis Inc., the leading sustainable aluminium solutions provider and world leader in rolled aluminium products issued a 500 million EUR (approximately $588...
