Novelis Inc. is an industrial aluminum company, headquartered in Atlanta, Georgia, United States Novelis is a leading producer of rolled aluminum and the global leader in beverage can recycling. The company serves customers in sectors including beverage cans, automotive, consumer electronics, construction, foil and packaging.
Company history
The Novelis company was spun off from Canadian mining and aluminum manufacturer, Alcan Inc. and incorporated in 2005. The company was acquired by India's Hindalco Industries for $6 billion in 2007. The acquisition made Hindalco one of the world's top integrated aluminum players. This makes Novelis a member of the Aditya Birla Group.
Operations
Novelis is the world’s largest producer of rolled aluminum sheet, with operations spanning 11 countries and nearly 11,000 employees. The company divides its operations into four regions: North America, Europe, Asia, and South America. The regional headquarters are Atlanta, Zurich, Seoul, and Sao Paulo. Novelis also has operations in UK, Germany, Italy, France, Canada, China, Malaysia and Vietnam. Demand for aluminum is increasing with the continued development of emerging nations, urbanization, and the increasing substitution of aluminum for other materials, making expansion a key consideration. The company invested $100 million in its first manufacturing facility in China, which opened in 2014. In response to global demand for aluminum sheet for automotive, electronics and beverage cans, the company has announced capital investments including a $400 million expansion in Asia, a $300 million expansion in Brazil and $200 million expansion in North America. In July 2014, it announced that Reynolds Consumer Products Inc., a subsidiary of the Rank Group of New Zealand, purchased the North American consumer products division of Novelis, for CAD $33.75mn. Novelis recycles more than 70 billion used beverage cans each year.
Production
Packaging
Foil packaging
Closures
Beverage Cans - Novelis produces sheet aluminum that it sells to the following companies to be made into cans:
Aluminum structures and components for transportation products in automotive, automotive heat exchanger and mass transportation. Auto sheet customers include:
In 2012, Novelis released its second annual . The report stated:
19% reduction in energy intensity – halfway to Novelis' 2020 goal of 39 percent
11% reduction in water intensity, almost halfway to its goal of 25 percent
7% reduction in greenhouse gas emissions, representing significant progress towards reaching its total goal of halving Novelis' absolute GHGs
18% improvement towards the company's goal of reducing waste to landfill to zero.
The Novelis report received an A rating from the Global Reporting Initiative, the world's most widely used framework for sustainability reporting.
Acquisitions
On 15 April 2020, Hindalco Industries' subsidiary Novelis Inc. acquired Aleris Corporation for $2.8 billion. Through this acquisition Novelis entered into the high-end aerospace segment.
Awards and accomplishments
2013, Novelis was named metals company of the year, and Novelis CEO Phil Martens was named CEO of the year on the Platts Global Metals Awards in London
2012, Novelis CEO Phil Martens was named one of the top 25 CEOs in the world by Best Practice Institute
