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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<p>Aluminium beverage cans labelled with UPM Raflatac's VANISHTM film is fit for recycling, confirmed Novelis. The world's largest recycler of aluminium cans said the thin 23-micron VANISHTM label is ‘sufficiently light’ in order not to affect the quality of the secondary aluminium...
<p>The Aluminum Association's Aluminum Transportation Group (ATG) today announces its new Chairman John Thomas, global marketing manager of automotive at Alcoa. Preceding Thomas is Tom Boney who was recently promoted to vice president of North American operations at Novelis. Ganesh Panneer, vice...
<p>Rolled and recycled aluminium firm Novelis Inc. announced a bond issue yesterday intended to raise up to US$1.15 billion for refinancing debt.<br /><br />Novelis initially intended to use the funds to repurchase US$500 million of US$1.1 billion worth of notes due next year, but subsequently...
<p>Aluminium is in high demand in North America due to the pressure of sticking to the higher Corporate Average Fuel Economy (CAFE) standards for 2025. So, the key business drivers for the North American automakers happen to be:<br /><br />• Light weighting<br />• Reduce material...
<p>Automotive industry is banking heavily on aluminium to meet its energy efficiency and sustainability targets through 2020. Accordingly industry players have upped their spending on capacity enhancement to churn out vehicles that are lightweight and fuel efficient. But the irony is, the capacity...
<p>Novelis reported a total income of $24 million in the first quarter of 2016 ending June 30. With the figures, the world leader in aluminium rolling and recycling has overcome a net loss $60 million it posted in the corresponding period previous year. Excluding tax-effected special items, the net...
<p>Some thirty years ago, Ford pioneered the use of aluminium replacing steel in its star seller F-150 pickup truck. Though the automaker still continues to build its F-150s from aluminium, not many auto makers have followed suit. Instead, the trend of using a combination of ultra-high-strength...
<p>Novelis, the world leader in aluminum rolling and recycling is moving one step ahead to support their commitment to recycling and sustainability. They are joining hands with the Atlanta Falcons to launch “Recycle for Good”, a campaign that challenges Falcons fans to recycle 3 million...
<p>JLR is known to be mulling over an ambitious plan to start using 75 per cent recycled aluminium for making Jaguar and Land Rover vehicles from 2020 onward. Currently, less than half of aluminium volume used for making JLR vehicles comes from recycled sources. The shortfall is mainly attributed...
<p>Novelis, the world leader in aluminum rolling and recycling, today announced a number of senior executive moves to further meet the needs of its customers and to continue to deliver high-quality, innovative products to the marketplace. Emilio Braghi has been named Senior Vice President, Novelis...
More than five years have passed since the US aluminium industry first took to downstream production. Over the time the market has grown in size, both value-wise and volume-wise. The primary aluminium smelters had still managed to survive, but over the time they slowly turned uncompetitive thanks...
To discuss critical issues surrounding the upcoming Midterm Evaluation of 2025 fuel economy and emissions regulations, former U.S. Transportation Secretary Ray LaHood, Aluminum Transportation Group chairman Tom Boney of Novelis, and the following panellists of transportation and environmental...
Aluminium makers all over the world, including the three in India, have remained under pressure, as the global economy is struggling to get back on its feet from a rough ride now lasting over two years, halting recovery in London Metal Exchange (LME) prices and crippling overcapacity for which the...
The 4th Automotive Lightweight Supply-Chain Symposium will be kicked off on the 11th of July 2016 in the days leading up to the DIECATING CHINA EXHIBITIONS in Shanghai, China. The symposium offers the perfect setup to interchange with speakers and delegates from Chinese as well as International...
Novelis, Inc., the world leader in aluminium rolling and recycling, today announced the appointment of Devinder Ahuja as Senior Vice President, Chief Financial Officer. Ahuja will join Novelis on July 19, 2016, as Senior Vice President, Finance, and Chief Financial Officer Designate. He will...
Auto makers are still ordering aluminium for their cars, but not as much as hoped, the chief executive of one of the world’s top aluminium companies said in an interview. “The market got a little bit ahead of itself,” said Steve Fisher, who last year took over as CEO of Novelis, maker of over half...
Novelis, Inc, a world leader in rolled aluminium products, is expanding its plant in lake Ontario, in upstate New York, in a move that could create about 250 jobs over the next four years. The expansion is due to rising demand for aluminium in the auto industry as the popularity of the lightweight...
Novelis, the world leader in aluminum rolling and recycling, today celebrated the commissioning of its third state-of-the-art automotive finishing line in Oswego, N.Y. Installed to support the production of stronger, lighter and safer vehicles, the line represents Novelis' latest investment of $120...
