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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Novelis, the world leader in aluminum rolling and recycling, and Hilton Head Brewing Company today announced the launch of Hilton Head Brewing Company beer in aluminum cans, made from Novelis evercanTM – the world’s first and only certified high-recycled content aluminum can sheet. "Our customers...
Two Voith SafeSet Couplings are scheduled for installation at Novelis's recently-expanded Oswego, New York facility later in 2015. The couplings will be applied with a 120 inch wide aluminum hot strip reversing roughing mill powered by two 4000HP motors that produces rolled aluminum products. The...
Tadeu Nardocci, Senior Vice President, Novelis Inc. and President, Novelis South America, was honored with the Lifetime Achievement Award today at the Platts 2015 Global Metals Awards ceremony in London. "Tadeu has played an important role in leading the aluminum industry and Novelis over the...
Novelis, the American subsidiary of Hindalco Industries, which is a producer of value-added aluminium products, reported a weak performance for the quarter ending March. Operating earnings (before interest, taxes, depreciation and amortisation, or Ebitda) per tonne was around $265, about a fifth...
Rolled aluminium products maker Novelis expects a 4 percent rise in demand in Europe this year and is considering further expansion of its European recycling, the European head of the U.S.-based company said on Wednesday. "Demand for rolled aluminium plate is good to very good," Novelis Europe...
Novelis UK were unveiled as the winner of the Circular Economy Success category at this year’s Awards for Excellence in Recycling and Waste Management, 2015. The annual Awards for Excellence are renowned for delivering true value and recognition to leaders of the innovation in the sector. The...
Novelis, the global leader in aluminum rolling and recycling, will showcase its portfolio of cutting-edge automotive aluminum applications at Auto Shanghai 2015, the 16th International Automobile and Manufacturing Technology Exhibition through April 29. Driven by automakers’ growing need to produce...
Shares of aluminium major Hindalco fell over 3 per cent on Wednesday after its US subsidiary Novelis reported weak results. A 20 per cent drop in operating profits during the March quarter dampened investor sentiment as the subsidiary brings in around two-third of Hindalco’s consolidated revenues...
Novelis, the world leader in aluminum rolling and recycling, today announced the appointment of H.R. Shashikant to the position of Senior Vice President and Chief Human Resources Officer, effective immediately. Shashikant was previously Group Executive President, Group Human Resources, for the...
Novelis, the world leader in aluminum rolling and recycling, today reported net income of $148 million for fiscal year 2015, a 42 percent increase from the $104 million reported in fiscal 2014. Excluding certain tax-effected items, net income increased four percent to $161 million in fiscal 2015....
Novelis, the world leader in aluminum rolling and recycling, today announced its induction into the Circular Economy 100 (CE100), a global platform bringing together leading companies, emerging innovators, cities and regions to accelerate the transition to a circular economy. The news was announced...
Alunorf, the world’s largest aluminium plant for hot rolling and remelting, is celebrating the 50th anniversary of operation with an extensive revamp. Alunorf, in Neuss, Germany, is a 50/50 joint venture owned by Hydro and Novelis. Rolled aluminium processed by Alunorf is used throughout Europe and...
Novelis Inc. will report its earnings for the fourth quarter and fiscal year 2015 on Tuesday, May 12, 2015. Following the release, Steve Fisher, Interim President and Chief Executive Officer, will discuss the results via a live conference call for investors at 8:00 a.m. ET the same day. The...
Novelis, the world leader in aluminum rolling and recycling, and Atlanta brewery Second Self Beer Company today announced the launch of Second Self beer in aluminum cans, made from Novelis evercan™ – the world's first and only certified high-recycled content aluminum can sheet. The news was...
Leading aluminum can sheet producer Novelis Inc lost business to competitors after a three-week outage at its U.S. joint venture rolling mill in January, a company executive told reporters on Wednesday. Vice President and General Manager Tom Boney said at a roundtable discussion that the outage at...
Novelis Inc. today announced that its Board of Directors has appointed Steve Fisher to serve as the company's Interim President, effective immediately. The announcement follows the departure of Philip Martens, the company's former President and Chief Executive Officer, also effective immediately....
Novelis, the world leader in aluminum rolling and recycling, and Southbound Brewing Company, Savannah's first production microbrewery, today announced Southbound is the latest craft brewery to offer its beer in aluminum cans made from Novelis' evercan™ – the world's first and only certified...
Shares of Hindalco Industries slipped nearly 2 per cent to hit intraday low of INR 137.35 after global aluminum giant Alcoa Inc's first quarter earnings missed expectations. Alcoa's earnings missed estimates. However, the commentary for auto continues to remain positive as it expects global...
