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 has opened an aluminium recycling and casting center in South Korea as part of a $400m expansion project. The Yeongju recycling center is the firm’s first major step in the plan to increase recycling capacity to 2.1 million tons by 2015. The facility will have an annual capacity of 265,000...
Novelis, the global leader in aluminum recycling and rolling, today announced the opening of an aluminum recycling and casting center at its Yeongju, South Korea, facility. The new operation is the largest aluminum beverage can recycling center in Asia. The Yeongju recycling center is part of a...
As a leading rolled aluminum products provider, Atlanta-based Novelis is thirsting for more aluminum scrap. By 2020, the company would like scrap to make up 80 percent of its raw material, said Silverio Colalancia, director of recycling for Novelis North America. Colalancia addressed attendees of...
Aluminium industry leaders and former partners Alcoa and Hindalco Industries’ subsidiary Novelis are now competing strongly to collect and recycle the 92.5 billion aluminium beverage cans made in the USA annually, according to the Wall Street Journal. Novelis, which ended the partnership on August...
Novelis, the global leader in aluminium rolling and recycling, was awarded with the prestigious Jury Prize and two Special Prizes at the 2012 European Aluminium Awards yesterday during the Aluminium 2012 Trade Fair in Dusseldorf, Germany. Novelis receives Jury Prize at European Aluminium Innovation...
Novelis, the global leader in aluminum rolling and recycling, was named winner of the 2012 Georgia Governor's International Awards in the International Deal of the Year category for opening its Global Research & Technology Center in Kennesaw earlier this year. The award recognized Novelis for its...
Novelis Inc. Chief Financial Officer, Steve Fisher, will present at Deutsche Bank's 20th Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, October 10, 2012 at 2:20 p.m. MST (5:20 p.m. EDT). Mr. Fisher will give an overview of the Company, discuss the Company's strategy and...
A key growth driver for Hindalco is the commissioning of a new project this fiscal after a long delay. Additionally, Novelis, its international subsidiary, with its high-value added products and increased focus on recycling will drive earnings in the event of falling aluminium demand. The Mahan...
Aditya Birla group's metals major Hindalco will invest more than R10,000 crore in the current fiscal to raise production capacity across various locations, the group's chairman Kumar Mangalam Birla said at the company's annual shareholders meeting on Tuesday. Hindalco's US subsidiary Novelis, a...
John Gardner, chief sustainability officer for Novelis, talks to azocleantech.com about the increase in aluminium recycling and how recycled aluminium can be used in the beverage and automotive industries. GT: Could you please give a brief overview of Novelis? JG: Novelis is the world’s largest...
Novelis, the overseas subsidiary of aluminium maker Hindalco, is betting big and moving fast on recycled content. The company is targeting to reach 50% of its production through recycled aluminium material, or scrap, by 2015. This will help the company in taking advantage of the price arbitrage...
Jaguar Land Rover (JLR) has selected rolled aluminium producer, Novelis, as its sole supplier of automotive aluminium sheet products in a multi-year agreement. As part of the company’s sustainable growth strategy, JLR has chosen Novelis to recover all aluminium scrap and create a tight recycling...
A warehouse worker was injured when he was struck by a fork lift truck carrying aluminium cans. The 43 year old man – who has not been named – was at work for recycling firm Novelis UK Ltd in November 2010. He was walking through a warehouse at the company’s premises in Latchford, Warrington, when...
Aluminium can recycler Novelis is to resume purchasing cans from the spot market within weeks, once additional shredding capacity is installed at the front end of its Warrington facility. The 130,000 tonne per annum capacity aluminium can recycling plant is currently only accepting material from...
Novelis Inc., the global leader in rolled aluminum products and aluminum recycling, today announced that President and Chief Executive Officer Phil Martens has been named one of the Top 25 CEOs in the World by the Best Practice Institute. "Phil Martens was chosen as one of the top 25 CEOs in the...
Tom Walpole, President of Novelis North America, one of the owners of Logan Aluminum, has announced that Novelis will be holding its Can Recycling Challenge in 2012. Collection of aluminum drinking cans has been going on since October of last year, however, September is the month Logan Aluminum is...
Atlanta-based Novelis, a world-leader in rolled aluminium products, has today announced that it has moved a step closer to achieving its goal of using 80% recycled metals in its production processes. The company's second annual sustainability report shows an increase in the recycled content of its...
Novelis revealed they are working on a beverage can made of 100% recycled aluminium in their Q1 results conference call and described it as the “ultimate sustainable package.” Evercan is currently under development at their innovation centre which opened in June in Georgia. While discussing the Q1...
