Novelis

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Global producer of rolled aluminum products and one of the world's largest aluminum recyclers.

Last updated August 31, 2026

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Overview

Novelis is a global aluminum rolling and recycling company serving packaging, automotive, aerospace, transportation, construction, consumer electronics, foil, and other industrial markets. The company was created through the separation of Alcan's rolled-products businesses and became an independent company in 2005. In 2007, Hindalco Industries acquired Novelis for approximately $6 billion, making it a subsidiary of Hindalco and part of the Aditya Birla Group. Novelis remains headquartered in Atlanta, Georgia, and operates through regional organizations in North America, Europe, Asia, and South America. The company primarily converts aluminum slab and recycled aluminum into rolled sheet, plate, and foil. Its products are used by beverage-can manufacturers, automotive companies, aerospace customers, building-material producers, packaging businesses, and manufacturers of electronics and consumer goods. Rather than operating mainly as a consumer-facing brand, Novelis is a business-to-business materials supplier whose value proposition combines metallurgical expertise, large-scale rolling capacity, lightweighting, product consistency, and closed-loop recycling. Its automotive portfolio includes aluminum sheet and related structures for vehicle bodies, closures, heat exchangers, and transportation applications. Its packaging business supplies sheet for beverage cans, closures, and foil products, while its specialty activities cover architecture, roofing, insulation, lithography, industrial products, smartphones, laptops, and televisions. Novelis has described recycling as a central part of its operating model. The company reports recycling more than 70 billion used beverage cans annually, returning recovered metal to the aluminum production cycle and reducing the need for primary aluminum. Its regional network includes manufacturing and research operations in multiple countries, with regional headquarters identified in Atlanta, Zurich, Seoul, and São Paulo. The company has expanded in Asia, Brazil, and North America in response to demand for automotive sheet, electronics materials, and beverage-can stock. It opened its first manufacturing facility in China in 2014 after a reported investment of $100 million. The company has also pursued portfolio expansion and lower-carbon production. In 2020, Novelis completed its acquisition of Aleris Corporation, adding capacity and capabilities in aerospace and other high-value rolled products. In 2022, it announced plans for a $2.5 billion low-carbon, fully integrated aluminum plant in Bay Minette, Alabama; the project was presented as the first fully integrated aluminum mill of its kind built in the United States in roughly four decades. Novelis filed a registration statement for a proposed public offering in May 2024 but withdrew the offering plans in October 2024. In March 2025, it announced the planned closure of its Fairmont, West Virginia operation, a facility with roughly a century of production history. Novelis therefore combines global industrial scale with a strategic emphasis on recycled content, lightweight materials, and decarbonization, while remaining privately held within the Hindalco and Aditya Birla group structure.

History

Novelis was incorporated in 2004 and became an independent company in 2005 after being spun off from Alcan, the Canadian mining and aluminum producer whose assets later became associated with Rio Tinto Alcan. The separation created a dedicated rolled-aluminum business with operations serving packaging, automotive, aerospace, construction, foil, and other industrial markets. Unlike a consumer-products company, Novelis was structured as a large industrial materials supplier, selling sheet, plate, and foil to manufacturers and fabricators. A major ownership transition occurred in 2007, when Hindalco Industries acquired Novelis for approximately $6 billion. Hindalco is an Indian aluminum and copper manufacturer and a member of the Aditya Birla Group. Following the transaction, Novelis operated as an independent subsidiary within the group while retaining its own brand, management structure, manufacturing network, and customer relationships. Its headquarters are in Atlanta, Georgia, and its activities developed across four broad regions: North America, Europe, Asia, and South America. During the 2010s, Novelis expanded production and technology capacity in response to growing demand for aluminum in vehicles, beverage packaging, electronics, and construction. It announced major investments in Asia, Brazil, and North America and opened its first manufacturing facility in China in 2014 after a reported $100 million investment. The company also emphasized recycling as a core business capability. It reports recycling more than 70 billion used beverage cans each year, enabling recovered metal to be converted into new aluminum products and supporting its lower-material-intensity and circularity objectives. Novelis's product scope spans packaging sheet for beverage cans and closures, automotive body and structural sheet, aerospace materials, heat-exchanger stock, building and architectural products, lithographic and printing materials, foil, and sheet used in consumer electronics. Its automotive business grew as manufacturers adopted aluminum to reduce vehicle weight and improve efficiency. Its aerospace business was strengthened substantially through the acquisition of Aleris Corporation, completed on April 15, 2020, in a transaction valued at approximately $2.8 billion according to the reference material. The company subsequently placed greater emphasis on low-carbon production and regional supply. In May 2022, it announced plans to invest $2.5 billion in a new low-carbon, fully integrated aluminum plant in Bay Minette, Alabama. Novelis described the proposed facility as the first fully integrated aluminum mill built in the United States in about 40 years. In 2024, the company entered the public-markets process by filing a registration statement for a proposed IPO, then withdrew the proposal in October of that year. In March 2025, Novelis announced the closure of its Fairmont, West Virginia operation, a plant described as approximately 100 years old. Later in 2025, a three-alarm fire affected the hot-mill section of the Oswego, New York facility and reportedly damaged part of the roof. These events illustrate the operational and restructuring issues that can affect a capital-intensive metals network. Despite such changes, Novelis continues to present itself as a global leader in rolled aluminum and recycling, with a strategy built on scale, technical processing, automotive and packaging demand, recycled content, and lower-carbon manufacturing.

2025
Fairmont operation closure announced
[1]Novelisen.wikipedia.org
Novelis announced the closure of its Fairmont, West Virginia operation.
2024
Proposed IPO withdrawn
[1]Novelisen.wikipedia.org
After filing an IPO registration statement in May, Novelis withdrew its proposed offering in October.
2022
Bay Minette low-carbon plant announced
[1]Novelisen.wikipedia.org
Novelis announced plans for a $2.5 billion low-carbon, fully integrated aluminum plant in Bay Minette, Alabama.
2020
Aleris acquisition completed
[1]Novelisen.wikipedia.org
Novelis completed its acquisition of Aleris Corporation for approximately $2.8 billion, strengthening its aerospace presence.
2014
First manufacturing facility in China opens
[1]Novelisen.wikipedia.org
Novelis opened its first Chinese manufacturing facility following a reported $100 million investment.
2007
Acquired by Hindalco Industries
[1]Novelisen.wikipedia.org
Hindalco Industries acquired Novelis for approximately $6 billion, bringing it into the Aditya Birla Group.
2005
Novelis becomes an independent company
[1]Novelisen.wikipedia.org
The company was spun off from Alcan and began operating as an independent rolled-aluminum and recycling business.
2004
Company incorporated
[1]Novelisen.wikipedia.org
Novelis was incorporated in preparation for the separation of Alcan's rolled-aluminum activities.

Products and positioning

A global business-to-business aluminum rolling and recycling specialist positioned around lightweighting, materials performance, recycled content, closed-loop recycling, and lower-carbon manufacturing.

Packaging
Beverage-can sheet
Rolled aluminum sheet supplied to beverage-can manufacturers for can bodies, ends, and related packaging applications. The product benefits from aluminum's low weight, formability, barrier properties, and recyclability. Novelis supplies major packaging customers and supports recycling systems that return used cans to the production cycle.
Automotive and transportation
Automotive aluminum sheet
Aluminum sheet and related rolled products used for vehicle bodies, closures, structural components, and heat exchangers. The materials help automakers reduce mass while meeting forming, strength, surface-finish, and corrosion requirements. Novelis supplies the automotive industry across multiple regions.
Aerospace · 2020
Aerospace aluminum products
High-performance aluminum sheet and plate for aerospace applications. Novelis expanded its position in this segment through the 2020 acquisition of Aleris, adding capabilities and customer relationships in high-value aerospace materials.
Specialty aluminum
Foil and specialty rolled products
Rolled aluminum for foil, lithography and printing, industrial uses, consumer electronics, and other specialty applications. The portfolio also includes materials for smartphones, laptops, televisions, and selected industrial products.
Construction
Architecture and building products
Aluminum products for facades, roofing, insulation, shutters, and related architectural and building applications. These materials combine low weight, corrosion resistance, formability, and finish options suited to construction and design requirements.

Brand decisions

2025
Close Fairmont operationStrategy
Background
Novelis reviewed its manufacturing network, including the historic Fairmont, West Virginia facility.
Action taken
The company announced the closure of the Fairmont operation in March 2025.
Aftermath
The decision reduced the company's operating footprint at a plant described as approximately 100 years old.
Source
2024
Withdraw proposed initial public offeringOther
Background
Novelis filed a registration statement for a proposed IPO in May 2024 while remaining a private subsidiary of Hindalco Industries.
Action taken
The company withdrew its proposed IPO plans in October 2024.
Aftermath
Novelis continued as a privately held Hindalco subsidiary rather than becoming separately publicly listed.
Source
2022
Invest in Bay Minette low-carbon aluminum plantStrategy
Background
Novelis identified rising demand for lower-carbon aluminum and additional North American rolling capacity.
Action taken
The company announced plans to invest $2.5 billion in a new low-carbon, fully integrated aluminum plant in Bay Minette, Alabama.
Aftermath
The project was presented as a major expansion and as the first fully integrated aluminum mill built in the United States in roughly 40 years.
Planned investment. $2.5 billion (Announced 2022)
Source
2020
Acquire Aleris CorporationM&A
Background
Novelis sought to broaden its rolled-aluminum portfolio and strengthen its position in aerospace and other high-value applications.
Action taken
Novelis completed the acquisition of Aleris Corporation on April 15, 2020, in a transaction reported at approximately $2.8 billion.
Aftermath
The acquisition expanded Novelis's aerospace capabilities and manufacturing footprint.
Acquisition value. Approximately $2.8 billion (2020)
Source

Recent events

2021-10-26
Novelis introduces second-generation EV battery enclosure[3]Novelis推出第二代电动汽车电池外壳方案prnewswire.com
Reported: 2021-10-26
Novelis announced the introduction of Generation II design innovations for its lightweight electric-vehicle battery enclosure solution, with a design intended to reduce weight and costs and increase energy density.
2021-10-14
Novelis achieves Europe-wide ASI certifications[4]Novelis 获得覆盖全欧洲的 ASI 认证prnewswire.com
Reported: 2021-10-14
Novelis announced that all eleven of its European manufacturing sites achieved the Aluminium Stewardship Initiative Performance Standard and Chain of Custody certifications.
2021-09-08
Novelis expands research partnership with Georgia Tech[5]Novelis 扩大与 Georgia Tech 的研究合作prnewswire.com
Reported: 2021-09-08
Novelis announced an expansion of its research partnership with Georgia Tech, including continued technical research and new strategic programs focused on materials and process research, circular-economy solutions, and industrial decarbonization.
2021-07-06
Novelis Yeongju Plant receives ASI Performance Standard Certification[6]Novelis Yeongju工厂获得ASI绩效标准认证prnewswire.com
Reported: 2021-07-06
Novelis announced that its Yeongju Plant in South Korea had been awarded the Aluminum Stewardship Initiative Performance Standard Certification.
2021-06-09
Novelis partners with TSARI on aluminum research[7]诺贝丽斯与TSARI合作开展铝材研究agmetalminer.com
Reported: 2021-06-09
Novelis announced a partnership between its Shanghai Customer Solution Center and the Tsinghua University Suzhou Automotive Research Institute to research aluminum products and automotive body-in-white applications.
Unconfirmed
Novelis launches Advanz 7UHS-s701 automotive aluminum[8]诺贝丽斯推出Advanz 7UHS-s701汽车用铝产品sc.stock.cnfol.com
Novelis launched Advanz 7UHS-s701, an automotive aluminum product designed for safety-critical structural applications and offered for commercial use to the global automotive industry.
2020-09-30
Novelis completes sale of Duffel plant to ALVANCE[9]Novelis完成向ALVANCE出售Duffel工厂prnewswire.com
Reported: 2020-10-02
Novelis sold its former Aleris plant in Duffel, Belgium, to ALVANCE. The sale was completed at closing on September 30, 2020.
2020-04-14
Hindalco completes acquisition of Aleris[10]Hindalco完成收购Alerisfinancialexpress.com
Reported: 2020-04-15
Hindalco announced completion of its acquisition of Aleris for an enterprise value of $2.8 billion. The acquisition was made via Hindalco's wholly owned subsidiary Novelis.
2020-04-09
Novelis receives final clearance for Aleris acquisition[11]Novelis获准完成对Aleris的收购business-standard.com
Reported: 2020-04-09
Hindalco said its subsidiary Novelis received final regulatory clearance to complete its acquisition of Aleris. The European Commission had approved the proposed buyer of Aleris's Duffel plant, satisfying a condition for the acquisition to proceed; the acquisition itself was not reported as completed.
2020-01-14
Novelis prices $1.6 billion senior notes offering[12]Novelis 为16亿美元高级票据发行定价business-standard.com
Reported: 2020-01-14
Novelis announced that its indirect wholly-owned subsidiary, Novelis Corporation, had priced a private offering of $1.6 billion in senior notes due 2030. Novelis said it expected the offering to close on January 16, subject to customary closing conditions.

Sources22 sources

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