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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The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. A lot of companies like Hydro extrusion Suzhou, Alumex PLC, and the Hindalco Hirakud-FRP plant received their ASI certifications. Apart from this, Novelis reported record net...
On May 11, Novelis, a wholly-owned subsidiary of Aditya Birla Group firm Hindalco, announced a $2.5 billion investment in new low-carbon recycling and rolling factory in Bay Minette, Alabama. This state-of-the-art factory will be able to manufacture 600,000 tonnes of aluminium sheets per year. Site...
Novelis Inc., the world’s leader in aluminium rolling and recycling, has announced its fourth quarter and full-year results of the financial year 2022. It has mentioned in the report a Y-o-Y hike of 21 per cent in net income from continuing operations for the quarter ended March 31 to $217 million,...
Novelis Inc., the world’s leading flat-rolled aluminium products manufacturer and recycler, has reportedly broken ground to build a highly advanced recycling centre for automotive in North America. The project will have an annual casting capacity of 240,000 tonnes of sheet ingot, involving an...
The downstream aluminium segment has been in the news this week moreover due to a few interesting happenings. The American industrial aluminium company, headquartered in Atlanta, Georgia, United States, Novelis, which is also a subsidiary of Hindalco Industries has declared its investment plan of...
On Thursday, April 21, Novelis, the global leader in aluminium rolling and recycling, has announced its investment plan of more than $30 million for building a new continuous annealing line at its Plettenberg-Ohle facility in Germany. As per the report, the addition of new line will increase the...
On 19 th April, the global leader providing infinitely recyclable aluminium beverage packaging and aluminium recycler and supplier Novelis publicized that the Ball Aluminum Cup™ is now created of 90% recycled content. It has been stated that this evolution model the Ball Aluminum Cup’s infinite...
The downstream sector of the aluminium industry witnessed limited number of events. As a result of the war, the metal industries have been affected the most. The global aluminium downstream sector started the week with the news of Novelis, announcing the launch of Novelis HRC57S®, a new, anodising...
Alupro, the aluminium packaging recycling organisation, has reportedly launched its sustainability manifesto focusing on seven goals to bring in a change in the packaging and waste management approach and promote a successful circular economy. Describing the seven points of the manifesto at the...
Novelis, a subsidiary of multinational aluminium and copper manufacturing company Hindalco Industries has announced the launch of Novelis HRC57S®, an innovative, anodising quality aluminium product containing more than 90 per cent recycled scrap. As claimed by Novelis, the product proves to be of...
Novelis, one of the world’s largest recyclers of aluminium and a global pioneer in the development of new aluminium goods and solutions, has recycled a total of 133.3 billion aluminium cans since its inception in 2012. On Monday, March 21, Novelis announced its record-breaking news of recycling a...
According to a recent report, Novelis Korea Limited, subsidiary plant of Novelis in Yeongju, has secured the ASI Chain of Custody Standard certification for manufacturing aluminum and aluminum coil and sheet, which includes the processes of recycling and remelting. The plant, which has an annual...
On 21 st February 2022, the world leader in aluminium rolling and recycling, Novelis Inc. publicized that it will invest approximately $50 million towards establishing a recycling center at its Ulsan Aluminum joint venture in South Korea. The project is fully financially backed up by Novelis, the...
On 14 th February 2022, the American industrial aluminium company, Novelis Inc., which is also recognised as the world leader in aluminium rolling and recycling inked a long-term collaboration agreement with HES-SO Valais-Wallis in collaboration with EPFL of Energypolis Campus, a Swiss innovation...
After the third quarter, analysts kept their 'buy' calls on Hindalco Industries Ltd., noting a surge in aluminium prices, a shift in focus from deleveraging to growth potential, and the addition of Brownfield smelting capacity. In the quarter ended December, India's largest aluminium manufacturer...
On Monday, February 7, Novelis Inc., the world leader in aluminium rolling and recycling, announced its 3QFY2022 financial and operational results ended December 31, 2021, whereby it revealed the net income attributable to common shareholder at $262 million. That was year-on-year increase of 48.86...
Novelis' recent efforts to enhance its manufacturing and recycling capacity were primarily motivated by growing vehicle demand for aluminium and Novelis' own environmental emissions objectives, according to Tom Boney, executive vice president and president of Novelis North America. Greater...
The downstream segment of the global aluminium industry remained highlighted in the week due to some of the eventful happenings. The American industrial aluminium company, Novelis, a subsidiary of Indian aluminium and copper manufacturing company Hindalco Industries achieves GreenCircle...
