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Novelis Expands in Asia
The rolling expansion, which will include investments in both hot rolling and cold rolling operations, will increase Novelis’ aluminium sheet capacity in Asia to 1 billion kg/a. The new capacity is expected to come on stream in late 2013. The expansion will increase Novelis’ aluminium sheet capacity in Asia by more than 50 %, and will also include the construction of a state-of-the-art recycling center for used aluminium beverage cans and a casting operation with annual production capacity in excess of 220 Mt of sheet ingot. The new recycling centre at the Yeongju will be Novelis’ first integrated recycling and casting facility in Asia. The company is already a leader in can recycling in North America, Europe and South America. The new recycling and casting facility is expected to begin operations in late 2012. Novelis Korea Limited, a subsidiary of Novelis Inc., has two integrated rolling facilities in Yeongju and Ulsan, South Korea, both of which have casting, hot rolling, cold rolling, finishing and recycling capabilities (06/2011).