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 recycling rate for aluminum cans in the US is a mere 55%. That's below the global average of about 70% and well below rates of better than 90% than Scandinavian countries can boast – or Brazil's 98% recycling rate. The low US rate represents an enormous waste of materials and energy – and a big...
Brazil recycled 97.9% of all aluminium cans consumed in the country in 2012, making it the top can recycler in the world for the 11th year in a row. Figures from the country’s aluminium association (Abal) and high-recyclability can producers association (Abralatas) show that about 267,100 tonnes of...
Hindalco Industries rose 0.73% to Rs 116.85 at 13:09 IST on BSE after the company's US subsidiary Novelis on Monday, 4 November 2013, announced a price increase on its aluminum automotive sheet products in North America. Meanwhile, the S&P BSE Sensex was down 135.27 points or 0.64% at 21,104.09. On...
Novelis, the world leader in aluminium rolling and recycling, announced today the commissioning of its expanded recycling plant in Latchford, Warrington in the UK. With an investment of approximately € 13.6 million (£6 million), the plant’s capacity will increase by over a third and becomes...
Novelis Inc. will report its earnings for the second quarter of fiscal year 2014 on Monday, November 11, 2013. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live web and audio conference call for...
Novelis, the world leader in aluminum rolling and recycling, announced today that Karen Renner, Novelis Vice President and Chief Information Officer, was named Georgia CIO of the Year® by the Georgia CIO Leadership Association. Renner was presented with the award for top technology executive in...
Novelis, the world leader in aluminum rolling and recycling, today announced a price increase on its aluminum automotive sheet products in North America. The price increase of $0.11 per pound for 6000-series, 5182-series and 5000-series automotive alloys will be effective for all new orders on or...
Novelis, the world leader in aluminium rolling and recycling, announced today that it completed its second annual "One Novelis Volunteer Month." Throughout the month of October, more than 300 Novelis Europe employees in Germany, UK, France, Italy and Switzerland volunteered 2,000 hours as part of...
Novelis, the world leader in aluminum rolling and recycling, today commissioned a $200 million expansion of its rolling operations in Oswego, NY. The expansion increases the company's North American capacity for producing aluminum sheet for the automotive industry by 240,000 tons, five times the...
The new laser remote weldable alloy is a patented multi-layer aluminium sheet product based on Novelis Fusion. This breakthrough delivers a solution to the industry’s long-time challenge of joining aluminum in automotive production. One of the latest Novelis’ innovations is the remote weldable...
Novelis, the world leader in aluminum rolling and recycling, today announced significant progress in its commitment toward reducing its carbon footprint and delivering on key measures of sustainable business performance. The company published "Sustainability Through Disruptive Innovation," the...
US aluminum sheet maker Novelis remains on track to reach 80% recycled content by 2020 despite a persistently tight scrap scenario, Marco Palmieri, president of Novelis North America, said in an interview late Wednesday. Palmieri, formerly president of Novelis South America, was named as head of...
Leading aluminum recycler, Novelis, is celebrating the opening of a $200-million auto finishing line expansion to its aluminum rolling operations in Oswego, N.Y. On October 24, 2013, the facility will open to meet a growing demand from the automotive industry for lighter, more sustainable...
Novelis, the world leader in aluminum rolling and recycling, announced today the completion of a two-year, $400 million expansion program in South Korea. The expansion of its Yeongju and Ulsan plants increases the company's production capacity in the region by more than 50 percent to approximately...
Aluminium major Hindalco Industries witnessed a phenomenal rise of over 44 per cent in less than three months along with other metal counters. The rally has been mainly due to reports of pick up in economic activity in China and hopes of recovery in the US and Europe. According to analysts,...
U.S. carmakers’ consumption of aluminum may surpass European counterparts in the next 12 months as new models using the metal come to market, according to Novelis Inc. Ford Motor Co. is among manufacturers rolling out new cars that substitute aluminum for heavier steel. Use of the lightweight metal...
Novelis Korea Limited, the Asia-Pacific operating unit of Novelis Inc., has won the South Korean Prime Minister’s 2013 Leading Resource Recycling Corporation Award. The award was presented at the Fifth Annual Resource Recycling Day, hosted by the Ministry of Environment at Hwaseong Temporary Palace...
Novelis, the world leader in aluminum rolling and recycling, was named Aluminium Fabricator of the Year, one of the top prizes at the Metal Bulletin Global Awards for Aluminium Excellence held today at a ceremony in Geneva. The company's Yeongju, South Korea, Recycling Center was also honored as...
