Novelis has announced the completion of its $150 million investment to expand both rolling and recycling capacity at its Pindamonhangaba, Brazil, plant by 100 kilo tonnes each. Novelis claims that the added capacity will increase to approximately 680 kilo tonnes for aluminum sheet and 490 kilo tonnes for recycling.
The expansion is the newest step in support of the company's sustainability goals to reduce its carbon footprint by 30 percent by 2026 and to be net carbon neutral by 2050.
Steve Fisher, President and Chief Executive Officer, Novelis Inc., commented on the completion of the project,
"Recycling and increasing the use of recycled content in our products is the cornerstone of Novelis' sustainability journey,… We will continue to identify and invest in projects like this expansion in Brazil that will move Novelis toward being a fully circular business."Steve Fisher, President and Chief Executive Officer, Novelis Inc.
Novelis also claims that the additional capacity at the South American plant will allow the company to continue to grow alongside its beverage packaging and specialty customers in the region. The investment also includes the purchase of an additional 380,000-square-meters of land for potential future expansion.
Francisco Pires, Senior Vice President, Novelis Inc. and President, Novelis South America, added:
"This project reaffirms Novelis' commitment to serve the growing South American market with high-quality, innovative, low-carbon, sustainable aluminum solutions,… We stand ready to meet our customers' needs both now and into the future."Francisco Pires, Senior Vice President, Novelis Inc. and President, Novelis South America
In addition to the new aluminum rolling and recycling capacity, the investment includes the establishment of another reliable water source for the plant and a new railway terminal, further demonstrating Novelis' commitment to sustainability.
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