December 29, 2014 8:10 AM ET

Metals and Mining

Company Overview of Novelis Inc.

Company Overview

Novelis Inc. produces and sells aluminum rolled products. It operates through four segments: North America, Europe, Asia, and South America. The company produces aluminum sheet and light gauge products primarily for use in the beverage can, automotive, consumer electronics, architecture, other transportation, and foil markets. It is also involved in the primary aluminum smelting and hydroelectric power generation activities in Brazil. The company was founded in 2004 and is headquartered in Atlanta, Georgia. Novelis Inc. is a subsidiary of Hindalco Industries Limited.

3560 Lenox Road

Suite 2000

Atlanta, GA 30326

United States

Founded in 2004

11,410 Employees

Phone:

404-760-4000

Key Executives for Novelis Inc.

Chief Executive Officer and President
Age: 54
Chief Financial Officer and Senior Vice President
Age: 43
Senior Vice President and President of Novelis South America
Age: 56
Senior Vice President and President of Novelis Europe
Age: 44
Senior Vice President and President of Novelis North America
Age: 57
Compensation as of Fiscal Year 2014.

Novelis Inc. Key Developments

Novelis Inc. Announces Supply of Aluminium Sheet for the Recently Launched Jaguar XE

Novelis Inc. announced that it is the supplier of aluminium sheet for the recently launched Jaguar XE. This brand-new addition to the Jaguar lineup, launched in Europe this fall and arriving in North America in 2016, is the first vehicle in the mid-size segment to feature an aluminium-intensive body structure. Novelis engineers worked closely with Jaguar to deliver innovative, high-quality aluminium sheet for the vehicle's structure, enabling the lightest, stiffest and most aerodynamic Jaguar sedan ever. The car's advanced design features Novelis Advanz 6000-series alloys developed specifically for automotive skin sheet and structural applications. The XE's construction makes it exceptionally strong and light, contributing to fuel efficiency gains and emissions of less than 100g/km, while delivering superior driving dynamics and safety. The new XE is the first all new car in the world to use a new, high recycled content aluminium alloy designed jointly by Novelis and Jaguar Land Rover for the automotive industry. The companies will extend their positions as leaders in sustainability by using high recycled-content alloys on all future Jaguar Land Rover platforms, reducing the overall carbon footprint in their products.

Novelis Presents at 22nd International Recycled Aluminium Conference, Nov-18-2014 09:10 AM

Novelis Presents at 22nd International Recycled Aluminium Conference, Nov-18-2014 09:10 AM. Venue: Crowne Plaza, Berlin, Germany. Speakers: Erein Mayr, President, Europe, Switzerland.

Novelis Inc. Announces to Cut 4,000 Jobs

Novelis Inc. announced that it cut 4,000 jobs while hiring 3,000 workers over the past four years as it increasingly focuses on supplying carmakers. As much of 35% of the workforce has departed in that time. The new employees work at greenfield sites and expansions of existing plants to support the growth in automotive output and aluminum recycling.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 10, 2014
UHE Risoleta Neves
Merger/Acquisition
June 2, 2014
Novelis Inc., Minas Gerais Assets
Merger/Acquisition
May 9, 2014
Novelis Inc., Mining Rights in Mariana and Alvinópolis
 

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