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Novelis


$2.6 billion
Offer made by Novelis, a unit of India’s Hindalco Industries, to take over fellow aluminium products producer Aleris Corp. In Sep 2019, the U.S. Justice Department filed a lawsuit aimed at stopping the takeover, but European Union competition authorities approved it in Oct 2019.
Last Modified: 25-Nov-2019 6:06 PM
24

Posted by Yatin Dhareshwar in Business & Industry
Tags Metals Mergers and Acquisitions Novelis
Source Reuters
400,000 tonnes
Production capacity per year of Novelis' aluminium recycling plant in Germany. The plant was commissioned in 2014 at a cost of $258 million.
Last Modified: 25-Nov-2019 5:51 PM
24

Posted by Yatin Dhareshwar in Business & Industry
Tags Metals Aluminium Novelis Germany
Source Reuters
10x
Rise in demand for aluminium by 2030 compared to 2017 according to Emilio Braghi, Senior Vice President and Europe President of Novelis. Significant rise in number of electric vehicles in coming years will be the most important driver of the growing demand, particularly for flat-rolled products (FRP).
Last Modified: 25-Nov-2019 5:48 PM
21

Posted by Yatin Dhareshwar in Business & Industry
Tags Metals Aluminium Novelis
Source Reuters
Circular Economy at work in Jaguar Land Rover
Circular Economy at work in Jaguar Land Rover 7
Last Modified: 26-Jun-2016 7:12 AM
378
2

Posted by Scotland Sustainabil in Cars & Motorcyles
Tags Automotive Aluminium Recycling Jaguar Land Rover Novelis Sustainability Circular Economy
Source Light Metal Age | Photo credits: JLR website

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