Novelis Inc., with global headquarters in Atlanta, has tested using hydrogen fuel to power a recycling furnace at its U.K. plant in Latchford, Warrington, as part of a U.K. government decarbonization ...

In the near-term certain segments may face headwinds, but the firm's packaging demand is expected to remain strong, said BofA ...

Hindalco Industries' MD Satish Pai indicated that US tariffs on aluminium will likely have a net neutral to positive impact ...

Construction of the Novelis Plant just north of Bay Minette has been going on for the better part of two years — most of it shielded from public view. To understand the size and scope of the project, ...

The single largest investment in Alabama history is the Novelis Aluminum and Recycling Plant in North Baldwin County opening in 2026. The massive construction project is taking shape and Bay Minette ...

Aluminum rolling and recycling company Novelis is a subsidiary of Hindalco Industries Ltd., an industry leader in aluminum ...

Results: Novelis Inc, Hindalcos subsidiary, reported a 9% YoY drop in Q3 net income to $110 million, with adjusted EBITDA down 19%. Rising scrap aluminum costs pressured margins despite higher revenue ...

Hindalco focuses on domestic market, while its US subsidiary Novelis can pass on higher costs to consumers, says MD Satish ...

Novelis, a US subsidiary of Hindalco, will likely apply for exemptions and expects mitigation through Midwest premium pricing ...

Consolidated operating profit stood at Rs 7,600 crore (+29 per cent Y-o-Y and down 4 per cent Q-o-Q). Adjusted net profit stood at Rs 3,800 crore (+61 per cent Y-o-Y/down 12 per cent Q-o-Q).

Adjusted EBITDA fell 19% to $367 million due to higher aluminium scrap prices and an unfavourable product-mix. Shares of ...