Novelis
Canvas Category OEM : Primary Metal
Operating an integrated network of technically advanced rolling and recycling facilities across North America, South America, Europe and Asia, Novelis leverages its global manufacturing and recycling footprint to deliver consistent, high-quality products around the world. A commitment to sustainability is core to our business operations and extends to how we partner with stakeholders across the aluminum value chain. We see tremendous opportunities in continuing to expand the use of lightweight, infinitely recyclable aluminum to help our customers achieve their sustainability goals and provide consumers the environmentally friendly products they enjoy. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum, copper and metals; and a flagship company of the Aditya Birla Group based in Mumbai, India.
Assembly Line
Novelis Files Registration Statement for Proposed Initial Public Offering
Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common shares. The common shares are expected to be offered by Novelis’ sole shareholder (a wholly owned subsidiary of Hindalco Industries Limited). Novelis will not receive any proceeds from the sale of common shares by its sole shareholder.
Novelis intends to list its common shares on the New York Stock Exchange (“NYSE”) under the ticker symbol “NVL.”
Novelis signs an agreement to extend collaboration with Airbus
Novelis, a leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, announced today that it has renewed its contract with Airbus. The contract extends a successful, cooperative relationship spanning more than 30 years. Novelis will supply Airbus with plates and sheets, as well as wingskins especially for the A320 aircraft family. Wingskins are particularly demanding products that require pre-machining for long components and special alloys to accommodate the most demanding aircraft industry standards.
Top aluminum producer and recycler Novelis to increase uptime following ABB modernization
Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, is working with ABB to upgrade its third-party drives and controls system as part of a brownfield modernization project at its hot rolling mill in Oswego, New York, USA.
To futureproof the mill, ABB is replacing obsolete and outdated equipment with new switchgears, transformers, medium voltage drives, medium voltage synchronous motors, motor control centers and auxiliary controls, all integrated with the facility’s existing non-ABB control system. This will support Novelis’ ambitions for increased power capacity and reliability. Commissioning of the upgrade is expected by the end of 2023.
🗜️🏠DTE Secures $10M Funding Anchored by Industry Leader Novelis and the EIC Fund
DTE (www.dte.ai), a leading innovator in decision support for the metals production and manufacturing industry, is pleased to announce the successful completion of a $10 million Series A2 round to further accelerate DTE’s innovation and expand its reach. The raise includes a distinguished group of investors, with participation by aluminum industry leader Novelis, venture capital firm Metaplanet and the European Innovation Council (EIC) Fund, along with existing investors Chrysalix Venture Capital and Brunnur Ventures.
DTE’s first-in-industry, in-line elemental analysis technology complements and replaces current slow, expensive, and manual methods for process and quality control. Our proprietary LP-LIBS™ sensor technology is uniquely able to deliver reference-grade elemental analysis directly from high-temperature liquid metals in less than 60 seconds from sampling. This breakthrough capability provides enhanced process control and decision support, empowering manufacturers and metals producers with unprecedented insights. From the plant floor to corporate management, our mission is to unlock our customers’ potential to deliver greener, safer, and more efficient products.
Sortera Alloys Announces $10M Funding Round to Advance End-of-Life Recycling for Automotive Metals
Sortera Alloys, Inc., an innovative industrial scrap metal sorting and recycling company powered by A.I. imagery, data analytics, and advanced sensors, announced $10M in funding led by Assembly Ventures with additional funding from Breakthrough Energy Ventures and Novelis. Sortera is dedicated to providing a solution for end-of-life circular recycling in the aluminum industry.
Sortera’s A.I.-powered technology allows existing streams of mixed alloy aluminum scrap to be separated back into individual alloys. The upgraded metals can then be recycled back into the highest value applications ranging from automotive cast and flat-rolled products to building, construction, and aerospace materials extrusions. The company’s low-cost, scalable production process enables customers to reduce their CO₂ footprint and achieve sustainability and circular production goals due to the fact that recycled aluminum requires roughly 95% less energy to produce than aluminum produced from virgin raw materials.