Novelis plans $180 mln investment to double Ali sheet capacity

Novelis Inc has said it will double its automotive aluminium body sheet capacity at its Changzhou facility in China.

The investment will cost approximately $180 million and will add around 100,000 tonnes of capacity through a new continuous annealing solution heat (CASH) treatment line.

"Investing ahead of projected customer demand enables Novelis to offer premium products and a reliable supply chain to automakers as they continue to adopt more automotive aluminium,” said Kumar Mangalam Birla, chairman of the board of...

Published

Alice Mason

May 24, 2018

11:38 GMT

London