The plant is expected to be the first fully integrated aluminum plant to be built in the United States in 40 years and create up to 1,000 high-paying, advanced careers, the company says
The plant is expected to be the first fully integrated aluminum plant to be built in the United States in 40 years and create up to 1,000 high-paying, advanced careers, the company says
Novelis Inc. announced it will invest $2.5 billion to build a new low-carbon recycling and rolling facility in Bay Minette, Alabama, USA
The plant will have an initial capacity of 600 kilotons of finished aluminum products per year and is expected to be operational in mid-2025, according to the company, a subsidiary of Hindalco Industries and part of the Aditya Birla Group.
“This investment marks the beginning of another transformative growth phase for Novelis,” said Kumar Mangalam Birla, Chairman of the Aditya Birla Group and Chief Executive of Novelis.
“We continue to invest in each of the markets Novelis serves – from beverage cans to automotive, aerospace and specialty – and in all regions. Novelis has a track record of delivering low-carbon, sustainable aluminum solutions to customers who seek them, and we will continue this rich history with this investment and more,” added Mr. Birla.
“This is also Aditya Birla Group’s largest global greenfield expansion project and will take the Group’s total investments in the US across all businesses to over $14 billion,” he said.
More than half of the new facility’s capacity will be used to serve the growing demand for aluminum beverage can sheet in North America, the company said.
“Through this investment, we make a demonstrative commitment to continue to grow together with our customers and meet their needs for low-carbon, highly sustainable aluminum solutions.”
“We are well positioned to efficiently expand the capacity of this facility in the future to meet continued strong demand,” said Steve Fisher, President and CEO of Novelis Inc.
The decision to build a fully integrated greenfield recycling and rolling facility is supported by strong North American demand for flat-rolled, low-carbon aluminum from can makers and beverage makers, the company said.
“The facility will be the first fully integrated aluminum plant to be built in the United States in 40 years. She is expected to create up to 1,000 high-paying, advanced careers in modern manufacturing. It will also be the most advanced and sustainable of its kind,” the company added.
With the addition of a new beverage can recycling center, Novelis could soon recycle 90 billion cans worldwide, up from the 74 billion used beverage cans the company currently recycles, it said.
In addition to the beverage can market, the facility will also serve the automotive market, where aluminum is the fastest growing material as automakers make plans to meet their sustainability goals.
