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Feb 1, 2011
Novelis Inc. will report its earnings for the third quarter of fiscal 2011 on Tuesday, February 8, 2011. Following the release, President and Chief Operating Officer Philip Martens and Chief...
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Jan 20, 2011Cans for Cash Winners to be announced at U.S. Conference of Mayors Winter Meeting
Mayors around the country are finding it's cool to be green, as their cities recycled more than three million pounds of aluminum beverage cans during a competition to keep aluminum out of...
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Dec 17, 2010
Novelis Inc., the global leader in aluminum rolled products and beverage can recycling, today announced the completion of the previously announced refinancing transactions to recapitalize its...
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Dec 14, 2010Company to consolidate European foil rolling and packaging operations
Novelis today announced that its foil rolling activities at Bridgnorth, England, and also part of the packaging business on the same site, will cease operations by the end of April 2011. The...
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Dec 10, 2010
Novelis Inc. announced today the pricing of its previously announced private offering of $2.5 billion aggregate principal amount of senior unsecured notes. The offering consisted of $1.1 billion...
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Dec 9, 2010
Novelis Inc. announced today the results of its previously announced cash tender offers and consent solicitations for any and all of its 7.25% Senior Notes due 2015 (the "7.25% Notes") and its...
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Dec 6, 2010
Novelis Inc. announced today that it has increased the Total Consideration in its previously announced tender offer and consent solicitation for its 11.50% Senior Notes Due 2015 (the "11.50%...
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Dec 6, 2010
Novelis Inc. announced today that it will cease operations at its primary aluminum smelter in Aratu, Brazil, by December 31, 2010. The decision is in response to high operating costs and the lack...
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Dec 2, 2010
Novelis Inc. announced today that it has increased the Total Consideration in its previously announced tender offer and consent solicitation for its 7.25% Senior Notes Due 2015 (the "7.25% Notes")...
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Dec 2, 2010New cladding product helps achieve sustainability goals
Novelis was honored in November with a Silver Gaia Award at the Big 5 international building and construction exhibition in Dubai. The award recognizes the environmental benefits of the company's...
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Nov 30, 2010Expects to Raise $4 Billion through Senior Notes Offering and Secured Term Loan
Novelis Inc. today announced its plan to recapitalize its balance sheet. The Company intends to raise $4 billion in gross proceeds from one or more offerings of senior notes totaling $2.5 billion...
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Nov 26, 2010
Novelis Inc. announced today that it has commenced cash tender offers for any and all of its 7.25% Senior Notes due 2015 (the "7.25% Notes") and its 11.50% Senior Notes due 2015 (the "11.50%...
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Nov 19, 2010
Novelis Inc., the world's leading producer of aluminum rolled products and beverage can recycling, today announced the appointment of John Gardner as Vice President and Chief Sustainability...
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Nov 11, 2010
ATLANTA, Nov. 11, 2010 – Novelis Inc. Chief Financial Officer, Steve Fisher, will present at two upcoming conferences in New York City. On Wednesday, November 17, Mr. Fisher will present at...
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Nov 10, 2010
Net Income of $62 million Record Adjusted EBITDA of $290 million, up 45% Strong Free Cash Flow of $97 million, up $99 million Solid Liquidity of $1.2 billion, up 113% Novelis Inc., the world's...
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Nov 3, 2010
The Make-A-Wish Foundation® of Georgia and Alabama announces a new partnership with Atlanta-based Novelis, the world leader in aluminum rolled products and beverage can recycling. Novelis has...
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Nov 3, 2010
Novelis Inc. will report its earnings for the second quarter of fiscal 2011 on Wednesday, November 10, 2010. Following the release, President and Chief Operating Officer Philip Martens and Chief...
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Oct 25, 2010
Novelis has announced price increases on light gauge aluminum fin stock, container foil and household foil stock products in North America. The fabrication price will increase by $0.03 per pound...
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Oct 7, 2010
ATLANTA, Oct. 7, 2010 – Novelis Inc., the world’s leading producer of aluminum rolled products and beverage can recycling, today announced the appointments of Karen K. Renner as Vice...
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Oct 6, 2010
ZURICH, Oct. 6, 2010 -- Novelis today announced that it is increasing the prices of the speciality aluminium sheet products that it sells to European distribution and industrial customers. The...
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Sep 16, 2010
Novelis Inc. Chief Financial Officer, Steve Fisher, presented today, Thursday, September 16, at the 2010 Credit Suisse Global Credit Products Conference in Miami, FL. The presentation is available...
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Sep 13, 2010Company Gears up for Increasing Demand
Novelis today announced that it will invest a further US$11.3 million to help meet growing demand for the aluminum sheet produced at its Sierre, Switzerland, rolling operation. The project, which...
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Sep 6, 2010Company to Consolidate European Foil Rolling and Packaging Operations
Novelis today announced the proposed closure of its Bridgnorth, UK, foil rolling and packaging operations in 2011 and the consolidation of those activities into other plants in its European...
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Aug 19, 2010
ZURICH, August 19, 2010 -- Novelis today announced that it is increasing the prices of the speciality sheet products that it sells to European distribution and industrial customers. The company's...
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Aug 10, 2010
Net Income of $50 million Record Adjusted EBITDA of $263 million, up 112% Record Liquidity of over $1 billion, up 136% Three-notch rating upgrade from Moody's Novelis Inc., the world's leading...
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Aug 3, 2010
ATLANTA, Aug. 3 -- Novelis Inc. will report its earnings for the first quarter of fiscal 2011 on Tuesday, Aug. 10, 2010. Following the release, President and Chief Operating Officer Philip Martens...
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Jul 12, 2010
Novelis Inc., the world's leading producer of aluminum rolled products, announced today that the Superior Court of Fulton County, Georgia, has dismissed a lawsuit filed against the company by...
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Jun 28, 2010Benefits of recycling seen across multiple industries and markets
New increases in the use of aluminum in consumer electronics, automobiles, packaging and infrastructure are among the top drivers for growth in rolled aluminum products, and concerns about...
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Jun 25, 2010Macro-economic trends cited as key drivers of global expansion
Novelis Inc., the world's leading producer of aluminum rolled products, is positioning itself to meet the growing global demand it sees in markets for consumer packaging, transportation...
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May 27, 2010
Net Income of $405 million Record Adjusted EBITDA of $754 million, up 55% Solid Liquidity of $1 billion, up 163% Strong Free Cash Flow of $355 million Announces expansion in Brazil to meet...
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May 27, 2010
Novelis announced today that it will invest approximately $300 million to expand its aluminum rolling operations in Pindamonhangaba, Brazil, in response to the growing demand for its products in...
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May 26, 2010Novelis Fusion™ technology enables advanced door design
ATLANTA, May 26, 2010 -- Novelis announced today that it has been selected as the main supplier of aluminum sheet for the sixth generation BMW 5 Series sedan, which went on sale this spring. This...
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May 24, 2010Leading Aluminum Company named Preferred Supplier
ATLANTA, May 24, 2010 -- Novelis announced today that it has won Fujifilm USA's Aluminum Supplier Quality Award and has been named Fujifilm's Preferred Supplier for aluminum sheet in both North...
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May 20, 2010
ATLANTA, May 20, 2010 -- Novelis Inc. will report its earnings for the fourth quarter and fiscal year 2010 on Thursday, May 27, 2010. Following the release, President and Chief Operating Officer...
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May 19, 2010
SAO PAULO, May 19, 2010 -- Novelis do Brasil Ltda., a subsidiary of Novelis Inc., the worldwide leader in aluminum rolled products and can recycling, announced today that it has begun work on a...
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May 19, 2010
Novelis do Brasil Ltda., a subsidiary of Novelis Inc., the worldwide leader in aluminum rolled products and can recycling, has signed a multi-year agreement with Rexam, a leading global beverage...
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May 5, 2010
ZURICH, May 5, 2010 -- Novelis today announced that it is increasing the price of the aluminium coil and sheet standard products that it sells to European distribution and industrial customers....
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Apr 15, 2010World's Largest Recycler of Aluminum Cans Marks 40th Earth Day with a Call for Consumers to Step-Up Recycling of Used Beverage Cans
Novelis Inc., the global leader in aluminum rolled products and aluminum can recycling, today announced that it recycled an estimated 40 billion used beverage cans in 2009. The company's focus on...
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Apr 5, 2010Company Signs Lease for 100,000 Square Feet in Atlanta's Buckhead Business District
Novelis Inc. today announced that it has selected Atlanta's Two Alliance Center as the location for its new world headquarters. The global leader in aluminum rolled products and aluminum can...
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Mar 11, 2010
Novelis announced today that it has been selected as the main supplier of aluminum sheet for the redesigned Audi A8 luxury sedan. Audi has long been a pioneer in incorporating lightweight design...
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Feb 16, 2010- Net income of $68 million
Novelis Inc., the world's leading producer of aluminum rolled products, today reported net income attributable to its common shareholder of $68 million for the third quarter of fiscal 2010, a...
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Feb 11, 2010North American HQ relocates from Cleveland
Novelis Inc. announced today that approximately 80 professional positions will be moving to Atlanta as the company relocates its North American headquarters from Cleveland to its world...
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Feb 9, 2010
Novelis Inc. will report its earnings for the third quarter of fiscal 2010 on Tuesday, February 16, 2010. Following the release, President and Chief Operating Officer Philip Martens and Chief...
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Feb 3, 2010
The worldwide adoption of aluminum in industrial and consumer applications is nearing a tipping point and may be about to surge, according to Philip Martens, president and chief operating officer...
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Jan 22, 2010"Cans for Cash" Winners Announced at U.S. Conference of Mayors Winter Meeting
The U.S. Conference of Mayors, Novelis Inc. and Keep America Beautiful, Inc. (KAB) announced the winners in the sixth annual Cans for Cash: City Recycling Challenge at the U.S. Conference of...
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Jan 12, 2010
Novelis Inc. announced today that it has completed its offer to exchange up to $185 million aggregate principal amount of its 11-1/2% Senior Notes due 2015, which have been registered under the...
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Dec 14, 2009Novelis Introduces Sustainable Aluminum Solutions For Architects, Engineers And Industrial Designers
CLEVELAND, December 14, 2009 — Novelis, the global leader in aluminum rolled products and aluminum can recycling, has introduced a new aluminum sheet product with a minimum of 70 percent...
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Nov 16, 2009U.S. Conference of Mayors, Novelis and Keep America Beautiful Announce Winner on America Recycles Day
The U.S. Conference of Mayors, Novelis Inc. and Keep America Beautiful, Inc. (KAB) announced that Cincinnati, Ohio is the winner of the first Cans for Cash: American Recycler Video Award. The city...
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Nov 11, 2009
OSWEGO, NY, Nov. 11, 2009 – Novelis Inc., the global leader in aluminum rolled products, announced today a major safety accomplishment at its Oswego, New York, facility, which has achieved...
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Nov 3, 2009World's Leading Producer of Aluminum Rolled Products Credits Continued Success of Operational Efficiency Initiatives for the Higher Results
Novelis Inc., the world's leading producer of aluminum rolled products, today reported net income attributable to its common shareholder of $195 million for the second quarter of fiscal 2010 ended...
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Nov 2, 2009
Novelis Inc. today announced that Eric Drummond has been named Chief People and Communications Officer, effective November 2, 2009. Drummond was previously Vice President, Global Human Resources,...
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Oct 27, 2009
Novelis Inc. will report its earnings for the second quarter of fiscal 2010 on Tuesday, November 3, 2009. Following the release, President and Chief Operating Officer Philip Martens and Chief...
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Oct 26, 2009
Novelis today announced the signing of a new multi-year agreement to supply aluminum can sheet to Anheuser-Busch. The agreement becomes effective January 1, 2010, when Novelis' existing supply...
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Oct 15, 2009National Nonprofit Organization Recognizes World’s Largest Aluminum Can Recycler for Corporate Social Responsibility, Environmental Efforts
[The following news release was issued today by Keep America Beautiful, Inc.] STAMFORD, Conn. (Oct. 15, 2009) — Keep America Beautiful, Inc., the nation’s largest nonprofit community...
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Oct 5, 2009
Novelis Inc. today announced that Erwin Mayr has been named to the newly created position of Senior Vice President and Chief Strategy Officer, effective October 1, 2009. The company also announced...
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Sep 30, 2009Increased aluminum sheet capacity for automotive and can markets
ZURICH, Sept. 30, 2009 – Novelis today marked the official start-up of a major investment at its Nachterstedt plant in Germany, with an opening ceremony attended by customers and other...
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Sep 15, 2009
Novelis announced today that it has been selected as the sole supplier of aluminum sheet for the all-new Jaguar XJ sedan. Like its predecessor, this redesigned version of Jaguar's flagship vehicle...
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Aug 11, 2009
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), announced today the completion of its offering of $185.0 million aggregate principal amount of its senior notes due 2015...
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Aug 4, 2009
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), announced today that it is proposing to offer $185.0 million aggregate principal amount of its senior notes due 2015 (the...
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Aug 3, 2009
Cost reduction actions have begun to benefit the bottom line. Shipments grew 7 percent from the previous quarter, primarily on gains in Asia. Liquidity increased $56 million from the previous...
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Jul 31, 2009
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), will report its earnings for the first quarter of fiscal 2010 on Monday, August 3, 2009. Following the release, President...
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Jun 29, 2009
Pre-tax income of $67 million for the fourth quarter of fiscal year 2009. Net loss of $1.9 billion for fiscal 2009 due to impairment charges of $1.5 billion and unrealized mark-to-market losses on...
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Jun 22, 2009
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), will report its fourth quarter and fiscal 2009 earnings on Monday, June 29, 2009. Following the release, President and...
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Jun 9, 2009
Novelis Inc. today announced that Antonio Tadeu Coelho Nardocci has been appointed President, Novelis Europe, effectively immediately. Mr. Nardocci succeeds Arnaud de Weert who has left the...
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May 22, 2009
Aluminum company Novelis Inc. announced today that it recycled an estimated 39 billion aluminum beverage cans in the past year, a new company record. Novelis is the world's largest producer of...
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May 13, 2009
Novelis Inc. announced today that its North American organization has established its greenhouse gas (GHG) reduction goal with the U.S. Environmental Protection Agency's (EPA's) Climate Leaders...
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May 7, 2009
Novelis Inc., the world's leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material...
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Apr 16, 2009
Novelis Inc. today announced that Philip Martens has been appointed President and Chief Operating Officer designate. Mr. Martens will succeed Martha Finn Brooks, who has elected to retire,...
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Mar 27, 2009Novelis Fusion(TM) Development Combines Strength and Special Surface Finish
CLEVELAND, Mar. 9, 2009 — Novelis introduces a new multi-alloy aluminum sheet specifically engineered for commercial and household appliance applications. Novelis FusionTM PA221 coated...
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Mar 4, 2009Aluminum Sheet Mill to Cease Operations in Light of Significant Decline in Orders
ATLANTA, Mar. 4, 2009 — Novelis today announced that its aluminum sheet mill in Rogerstone, South Wales, UK, will cease operations by the end of April. The announcement comes after a 90-day...
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Feb 26, 2009Multi-layer Aluminium Product Adds Durability to Compound Tubes
ZURICH, Feb. 26, 2009 — Since it first hit the market in 2006, Novelis FusionTM multi-layer aluminium sheet has created excitement and value across a range of end-uses. The latest...
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Feb 17, 2009- Pre-tax loss was $32 million, excluding asset impairments, restructuring charges and unrealized mark-to-market losses on derivatives.
ATLANTA, Feb. 17 -- Novelis Inc., a subsidiary of Hindalco Industries Limited , today reported a net loss of $1.8 billion for the third quarter of fiscal year 2009, which ended on December 31,...
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Feb 11, 2009
The U.S. Conference of Mayors, Novelis Inc. and Keep America Beautiful, Inc. (KAB) announced the winners in the fifth annual Cans for Cash: City Recycling Challenge at the U.S. Conference of...
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Feb 9, 2009Novelis Fusion™ is a “world first” on BMW flagship model
ZURICH, Switzerland, Feb. 9, 2009 -- The new BMW 7 Series sedan, which made its debut in November 2008 with a host of "world firsts," cruises out of showrooms with lightweight door components made...
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Feb 4, 2009Aluminium Supplier Aims to Help Lithographic Plate Producers Reduce Energy Use and Processing Time
ZURICH, Feb. 4, 2009 -- The Novelis Technology and Innovation Centre in Göttingen, Germany, has received a further boost to its research and development activities in the form of grant funding....
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Jan 26, 2009Primary Aluminum Production Unaffected
OURO PRETO, Brazil, Jan. 26, 2009 -- Novelis announced today that effective March 26, 2009, it will cease the production of alumina at its Ouro Preto unit. In future, the plant will purchase...
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Jan 21, 2009Lead time reduced to two weeks
ZURICH, Jan. 21, 2009 — Novelis today announced the start of a new rapid delivery service in response to the needs of its aluminium sheet customers in the lithographic printing sector....
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Nov 12, 2008
Novelis Corporation announced today the launch of miniMRF LLC, a joint venture with PRFection Engineering. MiniMRF builds and operates innovative technology designed to achieve high rates of solid...
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Nov 10, 2008Metal Derivative and Currency Movements Impact P&L
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), today reported a net loss of $103 million for the second quarter of fiscal year 2009, which ended on September 30, 2008....
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Sep 9, 2008Customers celebrate wider availability of Novelis Fusion™
SIERRE, Switzerland, Sept.9, 2008 — Novelis today officially launched European production of its Novelis FusionTM technology, which the company has dubbed “The New Aluminium.” Customers...
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Aug 26, 2008Alexandre Almeida Assumes Role of President - Novelis South America
Novelis Inc. today announced that Antonio Tadeu Coelho Nardocci has been appointed to the newly created position of Senior Vice President -- Innovation, Technology and Strategy. Mr. Nardocci was...
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Aug 20, 2008
SEOUL, August 20, 2008 -- Novelis Asia, an operating segment of Novelis Inc., announced today that it will raise conversion prices of all its aluminum flat-rolled products an average of 15 percent...
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Aug 14, 2008
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), today reported net income of US$25 million for the first quarter of fiscal year 2009, which ended on June 30, 2008. This...
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Jul 15, 2008
DETROIT, July 15, 2008 -- Novelis Inc. has been selected by BMW to supply aluminum sheet for the lightweight hoods of its all-new X6 crossover SUV. Novelis is the world's leading supplier of high...
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Jul 14, 2008
ZURICH, July 14, 2008 -- Novelis Europe announced today that it will raise conversion prices of all its aluminium flat-rolled products by up to 10 percent. The price increase will vary across the...
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Jun 26, 2008
SEOUL, June 26, 2008 -- Novelis Korea Limited announced that it has successfully completed the installation of Novelis Fusion(TM) technology at its plant in Ulsan, South Korea, and has begun...
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Jun 19, 2008Operational Improvements Help Narrow Full-Year Loss to $69 Million
Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), today reported net income of US$118 million for the fourth quarter of fiscal year 2008, which ended on March 31, 2008....
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May 26, 2008
Novelis Inc., the world leader in aluminum rolling and beverage can recycling, announced today that it will invest more than US$30 million in its operations in Brazil over the next 18 months in a...
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May 23, 2008
CLEVELAND, May 23, 2008 – Novelis Corporation announced today a price increase of two cents per pound on all 1000-, 3000-, 5000- and 6000-series aluminum alloy products, including high...
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May 13, 2008
Novelis announced today that it has been named 2007 Supplier of the Year for Bare Metal Products by Alcoa Architectural Products (AAP), a business unit of Alcoa Inc. The award was one of three...
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May 8, 2008
SIERRE, Switzerland, May 8, 2008 — Novelis, the global leader in aluminium rolling and can recycling, today welcomed a group of Land Rover Club Members who are passing through Sierre on a...
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Apr 29, 2008
Novelis Inc. today announced that Jean-Marc Germain has been appointed president, Novelis North America, effective May 15, 2008. Mr. Germain will succeed Kevin Greenawalt who has elected...
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Apr 29, 2008
Novelis Inc., the global leader in aluminum rolling and can recycling, announced today that it will invest 11 million Euro (US$17.2 million) to expand production capacity at its plant in...
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Apr 21, 2008Recycling Aluminum Delivers Vital Energy and GHG Savings, says World's Largest Beverage Can Recycler
Novelis, the world's largest manufacturer of rolled aluminum, announced today that globally the company recycled close to 36 billion aluminum beverage cans in 2007, nearly equivalent to all of the...
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Apr 11, 2008Project on-track for start of Novelis FusionTM casting in August
SIERRE, Switzerland, April 11, 2008 — Novelis has completed a significant milestone in the commissioning of its new aluminum casthouse in Sierre with the production of the first sheet ingot...
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Mar 28, 2008
CLEVELAND, March 28, 2008 – Novelis announced today it will cease production of light-gauge converter foil products at its Louisville, Kentucky plant. Production will be phased-out during...
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Mar 26, 2008
SEOUL, March 26, 2008 -- Novelis Korea today announced it will implement a new alloying element surcharge for its aluminum products in response to the rising costs of alloying ingredients. The...
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Mar 20, 2008Packaging company rates Novelis top foil supplier for second consecutive year
BRIDGNORTH, March 20, 2008 — Novelis has been named 2007 Supplier of the Year by Plus Pack, one of Europe’s largest producers of aluminium and plastic food containers. Novelis also won the...
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Mar 17, 2008
Novelis Korea Limited announced today the completion of a $30 million expansion of its aluminum rolling mill in Yeongju, South Korea. The expansion, which required two years to complete, included...
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Feb 11, 2008
Novelis today announced price increases on aluminum sheet products sold in North America in response to the rising cost of alloying ingredients. (Logo:...