Novelis Subsidiary, ALCOM, Commissions $5 Million Manufacturing Expansion In Malaysia

BUKIT RAJA, MALYASIA, Dec. 13, 2011 – Aluminium Company of Malaysia Berhad (ALCOM), a subsidiary of Novelis Inc., the world’s largest producer of rolled aluminum, today announced the commissioning of a $5 million expansion at its Bukit Raja, Malaysia, facility.

The expansion consists of a tension leveler system designed to improve coil flatness and surface cleanliness for overall quality and product mix enhancement. The new equipment will provide improvements across the existing range of aluminum sheet and heavy gauge foil products. In addition, the investment will enable ALCOM to enter the growing market for aluminum sheet used in consumer electronics.

“This investment will help ensure that we are able to continue serving existing customers in the region with our high-quality rolled products offering,” said Sachin Satpute, Managing Director of ALCOM, “while at the same time allowing us to take advantage of the growing demand for premium product markets such as electronics.”

The new equipment was installed and commissioned on schedule, with no safety or environmental incidents.

Owned 59 percent by Novelis, ALCOM is a publicly traded company located in Bukit Raja, Selangor, Malaysia. The rolling mill uses continuous caster technology to produce a variety of rolled products, ranging from sheet and coil to heavy-gauge foil products. The plant is the leading supplier of rolled products in Southeast Asia, serving the bare and coated heat exchanger markets along with specialty common alloy and foil segments.

About Novelis
Novelis Inc. is the global leader in aluminum rolled products and aluminum can recycling. The Company operates in 11 countries, has nearly 11,000 employees and reported revenue of $10.6 billion in fiscal year 2011. Novelis supplies premium aluminum sheet and foil products to automotive, transportation, packaging, construction, industrial, electronics and printing markets throughout North America, Europe, Asia, and South America. Novelis is a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), one of Asia's largest integrated producers of aluminum and a leading copper producer. Hindalco is a flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India. For more information, please visit www.novelis.com.

Released December 13, 2011