@aleris.com
Aleris is a privately-held company, focused on the manufacture and sale of aluminum rolled products.
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Novelis Inc. It is a subsidiary of Hindalco Industries Limited, a leading non-ferrous metals company based in India. Novelis was originally formed in 2005 as a spin-off from Canadian mining company, Alcan Inc., and it is currently headquartered in Atlanta, Georgia, United States.
The company primarily focuses on producing flat-rolled aluminum products, including sheets and foil, for various industries such as automotive, beverage can, construction, and consumer electronics. Their products are known for their lightweight properties, durability, and sustainability due to the extensive recycling capabilities of aluminum. Novelis operates several production facilities across North America, Europe, and Asia, with major operations in Canada, Germany, Switzerland, Brazil, and South Korea.
One of the notable subsidiaries of Novelis is Aleris Corporation, which it acquired in 2020. Aleris is a global aluminum rolled products manufacturer, adding to Novelis' overall capabilities and expanding its presence in the aerospace, automotive, and building and construction sectors. Novelis also has joint ventures and partnerships with various companies, including Kobe Steel Ltd., Tri-Arrows Aluminum Inc., and the Aluminum Company of Malaysia Berhad (ALCOM).
In terms of market position, Novelis is recognized as the world's largest recycler of aluminum, processing around 60 billion used beverage cans annually. The company's global sales have steadily increased, with revenue of $10. 3 billion in the fiscal year 2020.
It competes with several major players in the aluminum industry, such as Alcoa Corporation and Norsk Hydro. In recent years, Novelis has focused on growing its business through acquisitions and expanding its recycling capacity. The acquisition of Aleris has positioned the company as a global leader in the industry.
Additionally, Novelis has been exploring advanced materials, innovation, and sustainable solutions to cater to the evolving needs of its customers. As of the latest information, Novelis continues to be a prominent player in the aluminum industry, with a strong emphasis on sustainability and circular economy practices. The company actively invests in research and technology development to further enhance its market position and capitalize on the increasing demand for lightweight and sustainable materials
Company Type
Privately Held
Company Size
5001-10,000
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