Novelis, Inc.
Company Profile
Business Overview
-The Company is the global leader in producing sustainable aluminum products and the world’s largest recycler of aluminum. The Company primarily focuses on providing solutions for the beverage can, automotive and high-end specialty markets.
-The Company is a subsidiary of Hindalco Industries Limited, the metals flagship company of the Indian multinational company Aditya Birla Group.
-The Company has organized its business based on geographical areas through four operating segments: North America, Europe, Asia, and South America
Competitors
North America | Europe | Asia | South America |
-Howmet Aerospace (Formerly Arconic) -Commonwealth Rolled Products -Constellium -Golden Aluminum -Granges -JW Aluminum -Kaiser Aluminum -Ma'aden - Saudi Arabian Mining Company -Shandong Nanshan Aluminum -Tri-Arrows Aluminum |
-Aluminum Duffel -Amag Austria Metall -Howmet Aerospace (Formerly Arconic) -Constellium -Elval Hellenic Aluminium Industry -Granges -Henan Zhongfu Industrial -Hulamin -Ma'aden - Saudi Arabian Mining Company -Shandong Nanshan Aluminum -Speira |
-Howmet Aerospace (Formerly Arconic) |
-Companhia Brasileira de Aluminio -Hulamin -Shandong Nanshan Aluminum |
Shareholders
-The Company is a wholly owned subsidiary of Hindalco Industries Limited.
Products
-The Company supplies aluminum for the applications listed below.
Rolled aluminum components for automotive bodies
-Body-in-whites
-Body panels and side walls
-Doors, hoods and trunks
-Wings, spoilers and fins
-Fenders
-Liftgates
Structural components
-Engine supports
-Cross members
-Crash-resistant passenger compartments
-Platforms to mount drive units and axle modules
-Peripheral energy-conversion areas
Car trim and sealings
Heat exchangers
-Aluminum fin stocks
-Air conditioners
-Brazing sheets
-Radiators
Electric vehicle battery enclosures
Transportation components
-Flexible tubes
- Heat protection tubes
- Air ducts
- Exhaust pipes
- Thermal insulation hoses
- Energy absorption elements
- Tubes for hot and cold air distribution
-Heat protection mats and sleeves
-Energy absorption elements
-Hoses
-Silencers
-License plates
History
2005 | The Company was created in 2005 as a spin-off from aluminum producer Alcan Inc. |
May 2007 | The Company was acquired by Hindalco Industries Limited, another veteran of the aluminum business. |
May 2013 | Signed a cooperation agreement with ThyssenKrupp Tailored Blanks for the development of tailored aluminum blanks. |
May 2013 | The company Europe has qualified its rolling and finishing facility in Gottingen, Germany to produce automotive aluminum sheet. |
Jul. 2013 | Announced the opening of its expanded aluminum rolling operations in Pindamonhangaba, Sao Paulo, Brazil. |
Oct. 2013 | Completed two-year, USD 400 million expansion program in South Korea. |
Oct. 2013 | Commissioned USD 200 million expansion of its rolling operations in Oswego, New York, U.S. |
Dec. 2013 | Announced investment of an additional USD 205 million to further expand global manufacturing operations serving the automotive market in U.S. and Germany. |
Apr. 2014 | Groundbreaking ceremony of a new aluminum automotive heat treatment line in Nachterstedt, Germany. |
Apr. 2014 | Signed agreement with Changzhou National Hi-Tech District to build China's first aluminum automotive sheet manufacturing facility with an annual capacity of 120,000 metric tons. |
Jan. 2018 | Announced investment of USD 305 million to locate a new processing plant in Guthrie, Kentucky to produce automotive-grade aluminum sheet. |
Feb. 2018 | Signed binding agreement to acquire operating facilities and manufacturing assets at its Sierre plant that have historically been leased. The EUR 200 million acquisition from Constellium is expected to close in the first quarter of fiscal 2019. |
Apr. 2020 | Completed acquisition of Aleris Corporation, a global supplier of rolled aluminum products, for approximately USD 2.8 billion. |
Jan. 2021 | The Company and Constellium launched Alumobility, a non-profit organization focused on providing innovative implementation-ready solutions to advance the adoption of aluminum automotive body sheet. |
Oct. 2021 | Established a new operation USD 300 million automotive aluminum finishing, which employs over 150 people, in Guthrie, Kentucky. |
May 2022 | Broke ground on a new USD 365 million aluminum recycling center in Guthrie, Kentucky, which will serve the automotive market with an annual capacity of 240,000 tons. |
Supplemental Information 1
>>>Business Report up until Fiscal Year ended Mar. 31, 2013
>>>Business Report Fiscal Year ended Mar. 31, 2014
>>>Business Report Fiscal Year ended Mar. 31, 2015
>>>Business Report Fiscal Year ended Mar. 31, 2016
>>>Business Report Fiscal Year ended Mar. 31, 2017
>>>Business Report Fiscal Year ended Mar. 31, 2019
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss