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...
Grow with
AL Circle
Novelis Inc., the world leader in aluminum rolling and recycling, has appointed Thomas (Tom) Boney as Senior Vice President of Novelis and President, Novelis North America, effective immediately. Boney is responsible for all aspects of the company's North America business, which includes...
Preparations for ALUMINIUM CHINA 2020 are underway. World-leading aluminium producers, such as Novelis, Nikkeikin, CHALCO, Nanshan, and ALNAN, will exhibit with cutting-edge materials and experience in recycling sector. Meanwhile, leading aluminium recyclers Lizhong, Sigma and technology suppliers...
Novelis Inc., the world leader in aluminium rolling and recycling, announced on April 14 that it completed the acquisition of Aleris Corporation, a global supplier of rolled aluminium products. Thus, Novelis is now better positioned to meet customers’ demand for aluminium, with a wider product...
Atlanta-based world-leading aluminium rolling and recycling firm Novelis Inc. announced today, on April 8, about the receipt of the final clearance needed to complete the acquisition of Aleris Corporation, a global supplier of rolled aluminium products. Thus, it will now move expeditiously to close...
Multiple US aluminium rolling mills and extrusion plants declared temporary suspensions to their operations this week as the COVID-19 epidemic has continued to disrupt markets and erode demand. Aleris Aluminium at its Lewisport, Kentucky, rolling mill has suspended its production from 30th March’20...
The world's largest aluminium rolling company and one of biggest producers of primary aluminium in Asia, Hindalco, has temporarily closed down or curtailed operations of some of the Aluminium production facilities, following the directives of the state governments due to COVID-19. The minimized...
On Thursday, March 19, Novelis Inc., the world leader in aluminium rolling and recycling, announced that two of its leaders were elected by the Aluminium Stewardship Initiative. Nick Madden is elected to the Board of Directors of ASI and Jessica Sanderson to the Standards Committee. Madden, being...
The world-leading aluminium rolling and recycling firm, Novelis Incorporation, has announced today, on March 11, that it has hired Roxana Molina, who would be leading the company’s global metal and non-metal procurement programs as Senior Vice President and Chief Procurement Officer. She will...
Novelis Incorporation, the world-leading aluminium rolling and recycling company, announced on Monday, March 2, that it established a recycling system with one of its automotive customers in Lower Bavaria, Germany. Novelis secures automotive aluminium scrap from BMW Group’s Dingolfing production...
The Aluminum Association has added three new member companies- Audubon Metals, REA JET and Trinity Consultants. Audubon Metals joins the association as a producer member- a firm that makes or fabricate aluminium products. The two companies join as associate members – an organization that supplies...
German automaker BMW AG has reportedly invested 6.5 million euros in the technical retrofitting of its Dingolfing press shop for the implementation of a new system to accomplish the goal of fully recycling its scrap aluminium waste. The new system enables the press shop to separate and recycle...
Novelis Inc., the world leader in aluminium rolling and recycling, reported net income of $107 million in Q3 FY2020, compared to $78 million in the prior year period. Excluding tax-effected special items, net income stood at $132 million, up 31 per cent year-on-year on higher Adjusted EBITDA....
Aluminium Stewardship Initiative has announced that it certifies a Novelis plant at Ohle, Germany, for its responsible production, sourcing, and stewardship of aluminium. The plant supplies foil and packaging products for diverse applications, including coffee capsules, foil trays for the food...
According to a recent report, Novelis is in talks to extend the closure of its planned acquisition of US aluminium products maker Aleris Corporation by three months, as securing regulatory approvals delayed. In November 2019, a report stated that the company was expecting to close the purchase deal...
On Friday, December 20, Atlanta-based rolled and recycled aluminium firm Novelis Incorporation confirmed the receipt of approval from China’s State Administration for Market Regulation (SAMR) for its acquisition of Aleris Corporation for US$2.6 billion. As per the firm, this was the final approval...
Novelis, the world leader in aluminium rolling and recycling, emphasized its commitment towards shaping the future for mobility at today’s Volvo Cars Sustainability Dialogue 2019 in Gothenburg, Sweden by highlighting the closed-loop recycling system it implemented with Volvo Cars in 2019. Through...
GFG Alliance has reached an agreement with Novelis to buy Aleris’s Duffel aluminium rolling mill in Belgium, S&P Global Platts reported. The deal is subject to review and consents from EU authorities and China's State Administration for Market Regulation. GFG said it expects the Duffel deal to be...
According to a recent report, Hindalco’s US-based subsidiary Novelis is expected to close the deal of the acquisition of Aleris Corporation by January 21, 2020. But currently the company is facing an anti-trust lawsuit in the US over its proposed $2.58 billion purchase of Aleris. The lawsuit was...
