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 recent announcement of the scheduled shutdown of the Novelis aluminum plant in Buckhannon, Upshur County, has sent shockwaves through the community. Expected to cease operations on June 13, the closure spells uncertainty for 80 employees and raises concerns about the economic impact on the...
In a motion toward bolstering its infrastructure, the County of Oswego Industrial Development Agency (IDA) has secured a substantial $2.787 million grant from the New York State Department of Transportation's Passenger and Freight Rail Assistance Program (PFRAP). This grant, announced by Governor...
Warrington Borough Council, the local authority of Warrington, Cheshire, England, recently received an outline planning application from Latchford Locks Works. The proposal on Thelwall Lane seeks to expand its aluminium recycling capabilities significantly. The plan includes extending the Used...
Novelis has recently achieved re-certification to the ASI (Aluminium Stewardship Initiative) Performance Standard V3 for all activities at their site in Sierre, Switzerland. This includes producing aluminium products through various processes such as casting, scalping, hot rolling, cold rolling,...
Novelis Inc., headquartered in Atlanta and a subsidiary of Hindalco Industries, has taken a significant step towards an initial public offering (IPO) by submitting a draft registration statement on Form F-1 to the Securities and Exchange Commission (SEC). This confidential submission pertains to...
Novelis Inc., the world's leading sustainable aluminium provider and a global leader in aluminium rolling and recycling , has announced that it has signed a green Power Purchase Agreement (PPA) with Statkraft, the largest producer of renewable energy in Europe. This PPA will encompass a significant...
The Aluminium Stewardship Initiative (ASI) has recertified Novelis with the ASI Performance Standard V3 for all aluminium production activities at its Nachterstedt sites. This recertification encompasses Novelis Sheet Ingot GmbH, the recycling site, which involves shredding, de-coating, melting,...
On Monday, February 12, Novelis, the world’s leading producer of aluminium flat-rolled products and recycler, announced the third quarter results for the financial year of 2023-24, revealing net sales of US$3.94 billion, down by 3.9 per cent Q-o-Q from US$4.1 billion and 6.19 per cent less Y-o-Y...
Envisioning a sustainable future, EVERY CAN COUNTS has ignited its U.S. chapter, spreading its recycling campaign overseas to promote the circularity of aluminium beverage cans. This collaborative effort brings together major players in the aluminium industry, including aluminium packaging...
On Monday, January 29, Novelis Inc., the world-leading producer of flat-rolled aluminium products and the largest aluminium recycler, announced that it signed a new contract with Ardagh Metal Packaging USA Corp., under which the former would supply aluminium beverage packaging sheet. As per the...
The aluminium end-user sector experienced notable happenings last week, with the Global shipments of aerosol cans growing by 6% in 2023, with personal care products making up most of the increase. Ball Corporation, Novelis, and Alcoa collaborated on a sustainable, 90% recycled aluminium cup. NOMOQ...
In an enigmatic move within the ambit of the #FirstMoversCoalition, Ball Corporation and Novelis have seamlessly joined forces with Alcoa to unveil a distinctive edition of the Ball Aluminum Cup®. This avant-garde creation, premiered amid the intellectual milieu of Davos at #WEF2024, serves as a...
Amid global challenges in waste management and resource conservation, these 13 companies are leading the way in transforming the aluminium recycling landscape. They are reshaping the industry and making significant contributions to a greener and more eco-friendly future. Novelis Inc.: As part of...
The Atlanta Hawks and State Farm Arena announced a significant milestone in their sustainability journey, extending heartfelt gratitude to fans, concertgoers, and partners for their active participation. They managed to divert around 3 million pounds of waste from landfills, out of which around one...
The biggest development of the twenty-first century is the international recognition of global warming and its adverse effects on the Earth's climate. Excessive carbon emissions or GHG footprints primarily cause overheating of the atmospheric dome, which may cause the protective ozone layer to...
Aluminium Stewardship Initiative has acknowledged Sumitomo Chemical Co., Ltd. against Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production of chemical aluminium hydroxide, chemical alumina, high-purity alumina, and high-purity aluminium at...
On Wednesday, December 13, Novelis announced its achievement of securing Performance Standard Certifications by the Aluminium Stewardship Initiative (AS) for three North American aluminium rolled product manufacturing facilities. The plants, located in Guthrie, Kentucky; Oswego, New York; and...
As per the reports, the global aluminium flat-rolled products market is expected to increase between 2023 and 2030. It is projected to reach a readjusted size of USD 159,230 million by 2028, with a Compound Annual Growth Rate (CAGR) of 4.8 per cent throughout the evaluation period. Based on AL...
