Novelis expands Brazil plant
Novelis, a specialist in aluminum rolling and recycling, has invested $175 million at its Pindamonhangaba plant, located in the Paraíba Valley, Brazil.
The expansion of the company’s flagship facility in South America will increase capacity of aluminium rolling by 100 kilotonnes and an additional 60 kilotonnes of recycling. These expansions will bring total capacity of the Pindamonhangaba facility to approximately 680 kilotonnes per year of aluminum sheet and 450 kilotonnes annually of recycled metal.
The investment also includes a new water sourcing system and the purchase of approximately 90 acres of land for potential future growth.
“This investment in additional rolling and recycling capacity further strengthens our commitment to the South American region and better positions us to meet our customers’ needs,” said Steve Fisher, president and CEO, Novelis. “Our focus on establishing another reliable water source also helps us further deliver on our purpose of shaping a sustainable world together.”
Works to the Pindamonhangaba plant are expected to be complete in 2021. The project includes an increase in sheet ingot, hot mill and recycling production and complementary improvements. The project should create more than 50 new jobs.
“Sustainability is the backbone of our business model and this expansion project is fully aligned with this vision,” said Tadeu Nardocci, senior vice president of Novelis and president of Novelis South America. “Pindamonhangaba plant is already the largest center of rolled products and aluminum recycling in South America. With this expansion, Novelis solidifies its leadership position and creates new opportunities to offer innovative solutions to its customers.”