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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This, the aluminium intensive XE, is arguably the most important car that Jaguar has launched in its 92-year history. There have been more iconic, notably the E-Type, but it's fair to say Jaguar's future hinges on this new mid-size saloon poised to take on the might of German rivals like the BMW...
Novelis, the global leader in aluminum rolling and recycling, today announced a new commitment to convert all of its beverage can body sheet production to its evercan™ sheet, the world's first certified high-recycled content aluminum for beverage cans, by the end of 2017. Novelis President and CEO...
Novelis Inc. which is the U.S. arm of Hindalco, one of India’s largest aluminium makers said that they are slowly shifting their focus towards catering to automakers and as a result they have cut 3,000 and hired 4,000 workers over the past four years. The transition has caused the displacement of...
Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $38 million for the second quarter of fiscal year 2015 compared to $23 million in the second quarter of fiscal year 2014. Excluding certain tax-effected items, net income...
Novelis Inc. will report its earnings for the second quarter of fiscal year 2015 on Monday, November 10, 2014. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live conference call for investors at...
The launch of the world’s largest aluminium recycling plant by Novelis brought with it a lot of promise, especially with their creation of the ‘evercan’, the aluminium beverage can made up of more than 90% recycled aluminium. The concept of circular economy where used product can once again be...
Novelis, the world leader in aluminum rolling and recycling, today announced the launch of an enhanced online newsroom platform providing multilingual capability. The newsroom will facilitate more effective and efficient communication of company news in key markets around the world. Company news...
Novelis, the global leader in aluminum rolling and recycling, announced today that consistent with its corporate strategy it will focus its operations in Brazil on its core business of aluminum rolling and recycling. As a result, it will cease operations at its Ouro Preto, Minas Gerais, primary...
After negative news on coal blocks, bauxite mining, etc, Hindalco’s investors have something to cheer about. The performance, as well as estimates, for US-based Alcoa for the September quarter means Hindalco’s international subsidiary (Novelis) could also post better than expected earnings for the...
Novelis, the world leader in aluminium rolling and recycling, today announced price increases on its pre-anodized aluminium sheet products. The 10-15 percent price increase will go into effect on January 1, 2015 on all new orders not covered by existing supply agreements. This increase is due to...
Shares of aluminium major Hindalco were up 5 per cent on Thursday, after a stellar performance from its global peer, Alcoa, during the September quarter. During the latest quarter, Alcoa’s income increased six-fold year-on-year, on the back of improved prices and lower input costs. Average...
Novelis, the global leader in aluminium rolling and recycling, was awarded two prestigious prizes at the 2014 European Aluminum Awards yesterday during the ALUMINIUM 2014 Trade Fair. In the Building and Architecture category, Novelis was awarded the winning prize for the Blue Planet aquarium...
Novelis, the global leader in aluminum rolling and recycling, today officially opened the world's largest aluminum recycling center. Located adjacent to the company's rolling mill in Nachterstedt, Germany, the $258 million (€200 million) recycling center will process up to 400,000 metric tons of...
Novelis, the world leader in aluminum rolling and recycling, today announced the company has been accepted into World Wildlife Fund's (WWF) Climate Savers program, an exclusive initiative of WWF to encourage companies to reduce their operational carbon footprint and act as agents of change within...
The Port of Oswego has seen record levels of aluminum shipments so far this year and shipments between the port and the St. Lawrence Seaway are expected to increase by 30 percent this year, according to the Chamber of Marine Commerce, a bi-national association that represents approximately 150...
Alcoa, Novelis or Constellium – the leading enterprises of the European aluminium sector have entered their innovations in the competition for the EUROPEAN ALUMINIUM AWARD 2014. Among them are renowned designers, e.g. from Mercedes and BMW. The award will be presented at ALUMINIUM, the world’s...
Novelis, the leading aluminium rolling and recycling company will receive more cans now thanks to two new aggregation centres. These centres, catering to the London and South East region, will be equipped with more options that ease the delivery of used cans to the centres. This expansion is a part...
Novelis, based out of Atlanta, is the largest supplier of aluminum sheet to the auto industry, counting Ford, Audi and Jaguar among its clients. It's owned by Mumbai, India-based metals company Hindalco, the world's largest producer of aluminum sheet, and company reps see the aluminum market and...
