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Walpole will oversee the company’s North American activities in aluminum sheet and light-gauge products for the beverage, automotive, construction, packaging and industrial markets, as well as the company’s recycling network. Previously senior vice...
Marco Palmieri Named Senior VP of Novelis and President, Novelis South America. View Photo »
Our decision to purchase the remaining minority interest in Novelis Korea represents another key step in Novelis’ strategy to prepare for future growth in Asia
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The Atlanta-based producer of aluminum rolled products and aluminum can recycler said Walpole will head its North American activities in aluminum sheet and light gauge products for the beverage, automotive, construction, packaging and industrial...
The Korean business accounted for 19% of shipment, 18% of revenue and 21% of EBIT of Novelis for FY2011
"Recently, he has transformed our global procurement activity into a world-class function and will now focus on strengthening our global supply chain. This is a critical function considering our aggressive growth strategy and I'm pleased to have Nick...
Further, the company acquired 31.2% minority stake in Korean subsidiary for USD343mn, raising its ownership to 99%. Novelis has net debt of USD4.1bn, with liquidity of USD857mn. In Q3, Novelis generated USD186mn of pre-capex free cash (vs USD106mn in...
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Our decision to purchase the remaining minority interest in Novelis Korea represents another key step in Novelis’ strategy to prepare for future growth in Asia
The Korean business accounted for 19% of shipment, 18% of revenue and 21% of EBIT of Novelis for FY2011
Die heutige Einweihung ist ein weiterer wichtiger Meilenstein für Novelis im Rahmen ihrer Verpflichtung zu Recycling und nachhaltiger Fertigung
Today's event marks another important milestone in Novelis' ongoing commitment to recycling and sustainable manufacturing
The last world economic crisis has clearly shown how important a good industrial basis is for us as an area. For me it is also proof of the competitiveness of North Rhine-Westphalia that global companies such as Novelis make money available for investments at Alunorf here in Neuss.
We believe this transaction will provide Novelis with greater control of our manufacturing assets in the region, while at the same time helping to drive our ongoing initiatives for globally integrated operations
Our decision to purchase the remaining minority interest in Novelis Korea represents another key step in Novelis’ strategy to prepare for future growth in Asia ... Asia is the largest and fastest growing region in the world for aluminum rolled products, with an expected annual growth rate of eight perce...
