Aluminum Investing News » Novelis Invests $300 M to Expand Brazil Operations

Novelis Invests $300 M to Expand Brazil Operations

May 27, 2010 @ 10:31 pm In Aluminum Company News

Novelis ^[1], world leader in aluminum rolling and recycling, has announced its plan to expand its Brazil rolling operations by investing $300 million in Pindamonhangaba. The said action is in response to the growing demand of Aluminum products in South America.

Phil Martens, President and Chief Operating Officer, Novelis Inc. is quoted saying:

"We are experiencing strong demand for our products in South America, particularly for beverage can sheet."

Click here to access the entire Press Release. ^[2]

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URLs in this post:

[1] Novelis: http://www.novelis.com/internet/en-us

[2] Click here to access the entire Press Release.: http://novelis.mediaroom.com/index.php?s=43&item=253