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International Resource News-October 10, 2023--Novelis to collaborate with Southern Company (C)1994-2023 ENPublishing - http://www.enpublishing.co.uk International Resource News - 10 October 2023 Novelis Inc., a US-based sustainable solutions provider in aluminium [...]

A patent application has been submitted by inventors Ian Musson Campbell and Sebastijan Jurendic for a metal container end with a coined periphery edge. The patent application aims to address issues related to damage and contamination of lacquer coatings on metal container ends, which can affect the appearance and quality of the container and its contents. The invention proposes a design that includes a contacting portion and a non-contacting portion of the edge, with the contacting portion extending at a non-zero angle relative to the non-contacting portion. The patent application was filed on February 4, 2022, and is assigned to Novelis Inc. [Extracted from the article]

Tosca 1175 Peachtfee Street, Suite 1900, Atlanta, Ga. 30361; 920/617-4000; www.toscaltd.com Tosca's new life cycle analysis tool reduces environmental footprint Reusable packaging and performance pooling solutions producer Tosca announced a [...]

ATLANTA/ -- Novelis Inc., a leading sustainable aluminum solutions provider, today announced it has signed a new long-term contract with Coca-Cola Bottlers' Sales & Services Company, which is the contracting [...]

Auto Business News-May 23, 2023--Novelis introduces new roll forming development line (C)1994-2023 ENPublishing - http://www.enpublishing.co.uk Auto Business News - 23 May 2023 Novelis Inc., a US-based sustainable aluminium solutions provider [...]

February 10 -- Hindalco Industries is expecting a turnaround for its subsidiary Novelis Inc in the current quarter with a favourable metal price lag and an improvement in shipments of [...]

Novelis Inc. has been issued a patent for an adjustable kiln flight for a rotary kiln decoater. The patent allows for the adjustment of the angular orientation and height of the flight body, providing control over the heat flux of the hot gas in the kiln. This innovation addresses the limitations of existing kiln flights, which are solid pieces welded to the kiln barrel and offer limited control over heat flux. The patent includes detailed descriptions and claims for the adjustable kiln flight and its associated method. [Extracted from the article]

Novelis Inc., a leading sustainable aluminum solutions provider, is investing $90 million to double the recycling capacity for used beverage cans (UBCs) at its plant in Latchford, UK. This expansion will increase the facility's recycling capacity by 85 kilotonnes per year, representing a growth of over 100%. The investment includes the construction of new facilities and the implementation of advanced technologies to recycle a larger volume and new types of aluminum scrap, resulting in a reduction of over 350,000 tonnes of CO2e emissions annually. Once complete, the facility will be able to recycle 100% of UBCs collected under the future UK deposit return scheme, creating a local circular system. [Extracted from the article]

A patent application by inventors from Novelis Inc. describes an apparatus and method for detecting events during a metal casting operation. The invention involves using an acoustic sensor to capture sensor data associated with acoustic signals during the casting operation. This data is then compared with a set of acoustic profiles to determine if a particular type of event has occurred. Based on this determination, adjustments can be made to the casting apparatus or operation. The invention also includes the use of machine learning algorithms and the ability to generate a modified recipe for the casting operation. [Extracted from the article]

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According to Bloomberg, the largest initial public offerings (IPOs) on US exchanges this year have come from non-US companies. Waystar Holding Corp.'s IPO, if it raises $1.04 billion, would be the largest by a US company this year, but it wouldn't make the top three overall. Non-US issuers have accounted for 39% of the $17.2 billion raised in IPOs on US exchanges so far this year. Companies choose to list in the US because they can get higher stock prices and benefit from specialized knowledge of their industries. The US market has the highest valuations in the world, and European investors are seen as more restricted in the type of businesses they are willing to invest in. The majority of international issuers listing in the US come from Europe and Asia. [Extracted from the article]

Aluminum producer Novelis Inc., owned by Hindalco Industries Ltd., is planning to raise up to $945 million in a US initial public offering (IPO). The company intends to sell 45 million shares for $18 to $21 each, with Hindalco retaining a 92.5% ownership stake after the IPO. Novelis is the world's largest aluminum recycler and operates 14 scrap-processing plants globally. The company's net income for the year to March was $600 million, down 9.5% from the previous year, due to factors such as higher interest rates and geopolitical tensions affecting demand. Novelis is working with several underwriters for the listing and plans to trade on the New York Stock Exchange. [Extracted from the article]

Novelis Inc., an aluminum products maker owned by Hindalco Industries Ltd., is planning to conduct an initial public offering (IPO) in the United States as early as June. Hindalco is seeking to raise approximately $1.2 billion in the IPO, with a potential valuation of around $18 billion. Novelis is the largest producer of flat-rolled aluminum products globally and has filed confidentially for the IPO with the US Securities and Exchange Commission. The IPO will be facilitated by Morgan Stanley, Bank of America Corp., and Citigroup Inc. [Extracted from the article]

A patent has been issued to Novelis Inc. for an apparatus and method of detecting events during a metal casting operation. The invention involves using an acoustic sensor to capture sensor data associated with acoustic signals during the casting operation. This data is then compared to a set of acoustic profiles to determine if a particular type of event has occurred. Based on this determination, adjustments can be made to the casting apparatus or operation. The patent provides detailed information on the apparatus and method, including various aspects and additional operations. [Extracted from the article]

Auto Business News-May 3, 2022--Novelis Inc opens highly advanced recycling centre for automotive in North America (C)1994-2022 ENPublishing - http://www.enpublishing.co.uk Auto Business News - 03 May 2022 Novelis Inc., a [...]

Global Banking News-April 20, 2022-Novelis raises recycled content in Ball Aluminum Cup to 90% (C)2022 ENPublishing - http://www.enpublishing.co.uk Aluminum packaging company Ball Corporation (NYSE: BLL) said on Tuesday that its [...]