Novelis Company Description
Nothing can foil Novelis, because it has the art of rolling aluminum in the can ... the aluminum can, that is. Novelis, a 2005 spin-off of what is now called Rio Tinto Alcan, manufactures aluminum rolled semi-finished products primarily used by the construction and industrial, foil products, transportation, and beverage and food can industries. The rolled aluminum is made with alloy mixtures in a range of hardnesses, thicknesses, and widths, with various coatings and finishes designed specifically for its end-use segments. The company also recycles more than 35 billion beverage cans annually. India's Hindalco Industries bought Novelis in 2007 for $6 billion. Hindalco is a part of the Aditya Birla Group.
View the Comprehensive Company Description for Novelis
The Company Description provides a historical perspective of Novelis's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Novelis's evolution in the marketplace.
